Actuarial Director

1 week ago


Chicago, United States Elevance Health Full time

Anticipated End Date: 2024-11-28

Position Title: Actuarial Director - Wellpoint GIC

Job Description:

Actuarial Director - Wellpoint GIC

Preferred Location: Woburn, MA. This position will work a hybrid model (remote and office). The Ideal candidate will live within 50 miles of one of our Elevance Health PulsePoint locations.

The Actuarial Director identifies, evaluates, and responds to financial risks inherent in the pricing and development of health insurance products. This role will be fully dedicated to Wellpoint GIC (Group Insurance Commission).

How you will make an impact:

  • Prepares and interprets data and related formulae.
  • Monitors trend of profit and profitability by line of business and/or product.
  • Serves on major, multi-function projects as Actuarial representative.
  • Organizes and directs the staffing and workflow of the section.

Minimum Requirements:

  • Requires a BA/BS degree and minimum of 6 years related experience; or any combination of education and experience, which would provide an equivalent background.
  • FSA required from the Society of Actuaries (SOA).

Preferred Skills, Capabilities, and Experiences:

  • Extensive expertise in data analysis, interpretation, and presentation.
  • Highly proficient with a wide range of modern actuarial and financial resources, programs, and tools.

For candidates working in person or remotely in the below location(s), the salary range for this specific position is $135,360 to $243,648.

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).

Job Level: Director Equivalent

Workshift: 1st Shift (United States of America)

Job Family: ACT > Actuarial

Who We Are:

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 our associates.

Elevance Health operates in a Hybrid Workforce Strategy. Unless 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 health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state, and local laws.

Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status, or any other status or condition protected by applicable federal, state, or local laws.

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