Anthem Actuarial Analyst III or Associate Actuary-Any Anthem Office (PS10133) in Boston, Massachusetts

Actuarial Analyst III or Associate Actuary-Any Anthem Office (PS10133)

Location: United States

Field: Actuarial

Requisition #: PS10133

Post Date: Jul 20, 2018

Your Talent. Our Vision. At Anthem, Inc., it’s a powerful combination, and the foundation upon which we’re creating greater access to care for our members, greater value for our customers, and greater health for our communities. Join us and together we will drive the future of health care .

This is an exceptional opportunity to do innovative work that means more to you and those we serve atone of America's leading health benefits companies and a Fortune Top 50 Company.

“Please Note: This position may be filled at either the Actuarial Analyst III, or at an Associate Actuary level. The manager will determine level based upon the selected applicant’s skillset relative to the qualifications listed for this position.”

Ideally the associate will work onsite at an Anthem office and preferred locations include: Louisville, Indianapolis, Mason, St. Louis, Atlanta, or Richmond.

This is an opportunity to join a team building capabilities in a key strategic area of focus for the company. Responsibilities will include pricing, financial modeling, and forecasting for the company’s growing group retiree business.

Actuarial Analyst III

Completes very diverse and complicated projects and performs very complex actuarial studies.

Primary duties may include, but are not limited to:

  • Under limited supervision, applies the appropriate actuarial analytical tools to the data and performs preliminary actuarial and statistical analysis.

  • Updates actuarial pricing, valuation and forecasting models as directed.

  • Refines and collects appropriate data for actuarial analysis and ensures its reasonableness and accuracy by coordination within the division.

  • Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects.

  • Responsible for recommendations on pricing, marketing, product design, claims, premium and enrollment administration of business unit.

  • Responsible for valuation support for business unit by interpreting financial results, variances from forecast to help identify product and segment behavior to assist in the risk management of the business unit.

  • 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.

  • Designs and completes special projects such as developing and maintaining experience-rating formulae and creating and/or reviewing alternative settlement formulate and risk sharing models.

  • Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives.

  • Assists in training of actuarial trainees, analysts and specialists.

  • Coordinates/directs special actuarial projects.

Associate Actuary

Completes the most diverse and complicated projects and performs highly complex actuarial studies.

Primary duties may include, but are not limited to:

  • Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects.

  • Designs and completes special projects such as developing and maintaining experience-rating formulae and creating and/or reviewing alternative settlement formulate and risk sharing models.

  • Responsible for recommendations on pricing, marketing, product design, claims, premium and enrollment administration of business unit.

  • Responsible for valuation support for business unit by interpreting financial results, variances from forecast to help identify product and segment behavior to assist in the risk management of the business unit.

Actuarial Analyst III

Required:

  • Requires a BS/BA degree

  • Required to have passed at least four Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exams

  • At least 3 years of related experience

  • Or any combination of education and experience, which would provide an equivalent background.

Preferred :

  • Group Insurance, Medicare Advantage, or Pharmacy strongly preferred.

  • SAS, Excel, and Access are preferred

Associate Actuary

Required:

  • Requires a BS/BA degree

  • ASA is required from the Society of Actuaries (SOA)

  • At least 4 years related experience

  • O r any combination of education and experience, which would provide an equivalent background.

Preferred:

  • Group Insurance, Medicare Advantage, or Pharmacy strongly preferred.

  • SAS, Excel, and Access are preferred

Anthem, Inc. is ranked as one of America’s Most Admired Companies among health insurers by Fortune magazine and is a 2018 DiversityInc magazine Top 50 Company for Diversity. To learn more about our company and apply, please visit us at antheminc.com/careers. An Equal Opportunity Employer/Disability/Veteran.