Actuarial Analyst II

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. Alternative 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.

Actuarial Analyst II completes projects and performs complex actuarial studies.

• Completes Actuarial Experience Reports that include data collection, Category of Service logic, leveraging IBNR models, and reconciling to the general ledger.
• Provides additional support for Audits by explaining models, data, and providing supporting detail.
• Obtains, verifies, analyzes and models data including risk reporting and forecasting.
• Calculates monthly claims liability reserves, develops merit rating factors, and prepares Department of Insurance annual statement exhibits.

Requires a BA/BS degree and to have passed a minimum of three Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exams and a minimum of 1 year related experience; or any combination of education and experience, which would provide an equivalent background.

Salary range: $74,880 to $134,784

Locations: California;
Colorado;
Columbus, OH;
Illinois;
Maryland;
Massachusetts;
Minnesota;
New Jersey;
New York

Elevance Health offers a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution. In addition, we provide medical, dental, vision, short and long‑term disability benefits, paid holidays, paid time off, and financial education resources.

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, 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. Applicants who require accommodation to participate in the job application process may contact elevancehealthj for assistance.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws.