What are the responsibilities and job description for the Actuarial Director - Stop Loss position at Elevance Health?
Actuarial Director - Stop Loss
Location : Alternate locations may be considered. This position will work in 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 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
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.
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
Collaborates with a diverse group of stakeholders to provide Pricing support and Risk Analysis
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 :
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 location(s), the salary
- range for this specific position is $148,896 to $223,344.
Locations : Chicago, IL, Mendota Heights, MN
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 .
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
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. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
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. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.
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 and Influenza. 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. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
Salary : $148,896 - $223,344
