Stop Loss Actuarial Analyst III

$88,000 - $158,400/Yr

Elevance Health - Latham, NY

posted 3 months ago

Full-time - Mid Level
Latham, NY
10,001+ employees
Insurance Carriers and Related Activities

About the position

The Stop Loss Actuarial Analyst III plays a crucial role in the Employer Group Stop Loss segment at Elevance Health, focusing on complex actuarial studies and diverse projects that support Commercial Pricing functions. This position is integral to the rapidly growing Wellpoint Stop Loss segment, where the analyst will be responsible for analyzing and implementing risk contracts. This includes conducting experience analyses, pricing, filing, and settlement work, as well as preparing management reports that inform strategic decisions. The analyst will also assist in the training of actuarial trainees, analysts, and specialists, ensuring that knowledge and skills are effectively passed on within the team. Additionally, the role involves coordinating and directing special actuarial projects, collaborating with a diverse group of stakeholders to provide pricing support and risk analysis. This multifaceted position requires a strong analytical mindset and the ability to work with various teams to achieve common goals.

Responsibilities

  • Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports.
  • Assists in training of actuarial trainees, analysts and specialists.
  • Coordinates/directs special actuarial projects.
  • Collaborates with a diverse group of stakeholders to provide Pricing support and Risk Analysis.

Requirements

  • Requires a BA/BS and to have passed a minimum of four Society of Actuaries (SOA) actuarial exams.
  • A minimum of 3 years related experience; or any combination of education and experience, which would provide an equivalent background.

Nice-to-haves

  • Knowledge or work experience in the Stop Loss product area.
  • Large Group Commercial Pricing Experience.

Benefits

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