Actuarial Analyst III (US)

$92,400 - $158,400/Yr

Elevance Health - Morristown, NJ

Full-time - Mid Level

Morristown, NJ

11-50 employees

Insurance Carriers and Related Activities

About the position

The Actuarial Analyst III at Elevance Health is responsible for completing complex actuarial studies and diverse projects. This role involves data collection, risk reporting, forecasting, and calculating claims liability reserves, among other duties. The position requires a strong analytical background and the ability to support audits and reconcile data effectively.

Responsibilities

• Completes Actuarial Experience Reports including data collection and IBNR models.
• Provides support for audits by explaining models and data.
• Obtains, verifies, analyzes, and models data including risk reporting and forecasting.
• Calculates monthly claims liability reserves and develops merit rating factors.

Requirements

• Requires a BA/BS degree.
• Must have passed a minimum of four Society of Actuaries (SOA) actuarial exams.
• Minimum of 3 years related experience or equivalent education and experience.

Benefits

• Comprehensive benefits package
• Incentive and recognition programs
• Equity stock purchase
• 401k contribution
• Paid Time Off
• Paid holidays
• Medical, dental, and vision insurance
• Short and long term disability benefits
• Life insurance
• Wellness programs
• Financial education resources