Actuarial Analyst III

The Actuarial Analyst III completes very diverse and complicated projects and performs very complex actuarial studies. In this role, you will join a high-impact team driving advanced analytics and actuarial innovation across Local Group, Individual, Medicaid, and Medicare businesses. We are pioneering the use of weekly trend data, predictive analytics, and multi-source health indicators to anticipate future health cost drivers and enable faster, smarter business decisions.

• Analyze and monitor weekly incurred claims, paid claims, pharmacy, lab results, and authorizations to identify cost drivers and emerging trends.
• Develop and implement actuarial studies and predictive models using large, complex datasets to forecast health claim activity and utilization patterns.
• Translate complex data insights into clear, actionable intelligence for actuarial pricing, medical cost management, and finance teams.
• Partner with data engineering and business stakeholders to expand data pipelines and enhance quality and usability of trend dashboards.
• Drive improvements in early warning indicators for changes in healthcare trend.
• Support preparations for executive-level summaries of findings to influence cost management strategies and financial planning.
• Support and mentor analyst team members and collaborate with others across the enterprise on high-visibility projects.
• Coordinate and direct special projects.

• 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.

• 401k matching
• Health insurance
• Flight privileges

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.