Actuarial Analyst III role at Elevance Health, focused on supporting Cost of Care Quantification and Validation through complex actuarial studies.
About the role
- Actuarial Specialist developing pricing tools and methodologies for Auto, Property, and Commercial sectors. Collaborating on innovative solutions with pricing actuaries and teams.
Responsibilities
- create, maintain, and improve upon existing data parsing scripts.
- complete and enhance data validation processes to deliver pricing datasets.
- lead pricing on data efforts including dataset development and consultation on data and analytical development.
- contribute to recommendations and revisions to ratemaking methodologies.
- explore new actuarial concepts, statistical models, and data sources to deliver innovative solutions for the business.
- assist with the development of the pricing and rating structure of new products.
- assist with the development of classification ratemaking methodologies and models.
Requirements
- demonstrated experience providing customer-driven solutions, support, or service.
- advanced knowledge and understanding of property & casualty products, pricing, valuation, financial reporting, and industry trends.
- demonstrated experience, communicating complex actuarial analysis to business partners.
- advanced knowledge of and demonstrated experience using actuarial software with database tools and statistical tools.
- demonstrated experience with programming languages.
- demonstrated effective communication and problem-solving skills.
- in pursuit of Associate or Fellow in Casualty Actuary Society.
- coding proficiency in SQL, R, Python, VBA, or other related languages.
- at least one (1) CAS/SOA exam completed with the intent to complete more.
- solid knowledge and understanding of property and casualty products, pricing, rates and industry trends.
- solid knowledge and understanding of underwriting guidelines and concepts.
- demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.
Benefits
- comprehensive medical, dental, vision and wellbeing benefits
- competitive 401(k) contribution
- pension plan
- annual incentive
- 9 paid holidays
- paid time off program (23 days accrued annually for full-time employees)
- student loan repayment program
- paid-family leave
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