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Actuarial Analyst III

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Elevance Health

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Location:
United States of America , Indianapolis

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Contract Type:
Not provided

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Salary:

104016.00 - 170208.00 USD / Year

Job Description:

The Actuarial Analyst III is responsible for the support of pricing for our Commercial business, with a particular focus on ACA expansions into new geographies, strategies, developing rating models, and ensuring compliance with state and federal regulations. This individual contributor position requires strong technical skills, a collaborative mindset, and strategic thinking.

Job Responsibility:

  • Assist in the development and refinement of pricing strategies to maintain competitive and profitable products in Individual & Small Group ACA markets
  • Build and maintain rating models
  • provide analytical insights and guidance to ensure accurate pricing for existing products and potential new market entries
  • Collaborate on special projects to support Individual ACA growth strategies and market expansions
  • Work with internal teams and state/federal regulatory agencies (e.g., CMS) to prepare rate filings and address policy updates, ensuring ongoing compliance

Requirements:

  • BA/BS and 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

Nice to have:

  • Analytical & Problem-Solving: Demonstrated ability to tackle complex actuarial and business questions, providing clear and actionable recommendations
  • Communication: Excellent verbal and written communication skills
  • comfortable presenting data-driven insights to stakeholders with diverse backgrounds
  • Organizational Skills: Ability to manage multiple priorities, meet deadlines, and maintain a high level of attention to detail
  • Technical Proficiency: Strong skills in Excel and at least one actuarial or data analysis tool (e.g., SAS, R, Python)
  • Actively taking exams or attainment of Fellow or Associate of the Society of Actuaries (FSA or ASA)
  • 4+ years of actuarial experience in health insurance, with an emphasis on pricing and/or product development
  • Proven ability to collaborate on complex projects and communicate findings to various audiences
What we offer:
  • comprehensive benefits package
  • incentive and recognition programs
  • equity stock purchase and 401k contribution
  • merit increases
  • paid holidays
  • Paid Time Off
  • incentive bonus programs
  • medical
  • dental
  • vision
  • short and long term disability benefits
  • 401(k) + match
  • stock purchase plan
  • life insurance
  • wellness programs
  • financial education resources

Additional Information:

Job Posted:
April 23, 2026

Expiration:
April 30, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:

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