Actuarial Analyst III (US)

$92,400 - $158,400/Yr

Elevance Health - Woburn, MA

Full-time - Mid Level

Woburn, MA

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, analysis, and modeling to support actuarial experience reports and audits, as well as calculating claims liability reserves and developing rating factors.

Responsibilities

• Completes Actuarial Experience Reports including data collection and reconciling to the general ledger.
• 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

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

Benefits

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