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Stop Loss Actuarial Analyst III

3 months ago

Denver, Colorado, United States Elevance Health Full time

Stop Loss Actuarial Analyst III

Location: Elevance Health operates in a Hybrid Workforce Strategy, providing various levels of flexibility while also ensuring that associates have opportunities to connect in-person. Unless in a designated virtual-eligible role and specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The Stop Loss Actuarial Analyst III completes very diverse and complicated projects and performs very complex actuarial studies for our Employer Group Stop Loss segment, supporting Commercial Pricing functions. In particular, this role will primarily focus on our rapidly growing Wellpoint Stop Loss segment.

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
  • 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

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:

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

For candidates working in person or remotely in the below locations, the salary* range for this specific position is $88,000.00 to $158,400.00

Locations: California; Colorado; District of Columbia (Washington, DC), Nevada; New York; Washington State

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, 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.