Anticipated End Date: 09/03/2026
Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office
Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
The Associate Actuary will support our specialty business products, which include dental, vision, and supplemental health. Responsibilities include but are not limited to pricing analysis, supporting forecasting functions, and supporting regulatory filings.
How You Will Make an Impact:
Under limited supervision, performs advanced actuarial and statistical analysis by applying the appropriate actuarial analytical tools to the data.
Updates actuarial pricing, forecasting models as directed.
Refines and collects appropriate data for actuarial analysis and ensures its reasonableness as well as accuracy by coordination within the division.
Serves as informal mentor to other analysts on the team, guiding them through projects and advancing their analytical and technical skills.
Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects.
Minimum Requirements:
Requires a BA/BS degree and minimum of 4 years related experience; or any combination of education and experience, which would provide an equivalent background.
ASA required from the Society of Actuaries (SOA).
Preferred Skills, Capabilities, and Experiences:
- Advanced MS Excel experience (i.e. data modeling, complex functions, pivot tables, and creating dashboards for data visualization purposes) strongly preferred.
- Ability to write and optimize complex queries to ensure data integrity and reliability when cleaning, manipulating, and analyzing large datasets using SQL, SAS, or other data tools strongly preferred.
- Effective communication and interpersonal skills strongly preferred.
- Commercial health, dental, vision, or supplemental health experience preferred.
For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $126,720 to $207,360
Locations: California; Colorado: Minnesota
In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.
*The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, paid time off, stock, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.