Actuarial Analyst III

About the role

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for

Benefits

Additional Information

Anticipated End Date: 2026-07-09 Position Title: Actuarial Analyst III Job Description: Actuarial Analyst III 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 Actuarial Analyst III is responsible for completing very diverse and complicated projects and performs very complex actuarial studies. How You Will Make an Impact Primary duties may include, but are not limited to: Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives. Assists in training of actuarial trainees, analysts and specialists. Coordinates/directs special actuarial projects. Supporting Medicare Part D pricing and forecasting activities, with a primary focus on evaluating and modeling the financial impacts of the Inflation Reduction Act (IRA). Develop, maintain, and enhance pricing models used to assess the effects of evolving Part D benefit designs, manufacturer discounts, member cost-sharing changes, and federal risk-sharing provisions. The associate will work closely with the certifying actuary and broader Medicare actuarial team to support bid development, pricing strategy, and financial projections. Responsibilities include analyzing emerging experience, assessing regulatory guidance, translating policy changes into pricing assumptions, and quantifying the impact of legislative and market developments on plan performance. Minimum Requirements: Requires a BA/BS and to have passed a minimum of four Society of Actuaries (SOA) actuarial exams and a minimum of 3 years related experience; or any combination of education and experience, which would provide an equivalent background. Preferred Skills, Capabilities, and Experiences: SQL/Python experience preferred. Pricing/Valuation experience preferred. Pharmacy experience preferred. For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $94,560 to $156,024. Locations: Colorado, Virginia 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. Job Level: Non-Management Exempt Workshift: Job Family: ACT > Actuarial Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

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