Actuarial Analyst III at Elevance Health performing diverse projects and complex actuarial studies. Collaborating with leadership on actuarial modeling and training of associates in a hybrid work environment.
About the role
- Senior Actuarial Associate supporting the LTC Finance & Actuarial Community team at Prudential. Engaging in rate filings, analysis, and actuarial modeling duties in a hybrid role.
Responsibilities
- Preparing both initial LTC premium rate increase filings and responses to objections to rate increase filings from state regulators
- Creating analyses and exhibits to respond to questions and objections from regulators
- Building/maintaining models, reports and exhibits
- Developing actuarial assumptions (data preparation, modeling, and analysis)
- Developing and reporting GAAP, Statutory and Tax reserves on a quarterly basis
- Making presentations to LTC senior leadership and other key stakeholders
- Preparing income statements and balance sheets on a quarterly basis
- Preparing quarterly senior management reports that analyze actual vs forecasted income results
- Preparing and confirming correct implementation of assumption tables in PolySystems software
Requirements
- Bachelor’s Degree in Actuarial Science or related field
- 2-5 years actuarial experience
- Passed a minimum of 3 actuarial exams, with commitment to continue towards actuarial credential
- Experience with Microsoft Office products
- Strong desire to learn and grow both technical and leadership skills
- Excellent written and oral communication skills
- Ability to work closely with others (collaborate, give/receive/incorporate feedback)
- Detail oriented, with strong analytical and problem-solving skills
- High level of self-motivation and ownership of results
- Experience with some/all of PolySystems, Visual Basic, SQL, PowerBI, and Python is a plus.
Benefits
- Medical, dental, vision, life insurance, disability insurance
- Paid Time Off (PTO)
- 401(k) plan with company match (up to 4%)
- Company-funded pension plan
- Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
- Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development
- Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs
- Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service
- Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance
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