Actuary jobs in Manchester, NH

Actuary utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuary assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuary applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Associate actuary
  • Elevance Health
  • Manchester, NH FULL_TIME
  • Job Description

    Associate Actuary

    Location : Open to any Pulse Point location.

    Must be within a 50-mile radius of a Pulse Point location.

    This position will take part in Elevance Health's hybrid workforce strategy which includes virtual work and 1-2 days in office per week.

    Specific requirements and expectations for time on site will be discussed as part of the hiring process.

    The Associate Actuary completes the most diverse and complicated projects and performs highly complex actuarial studies.

    How You Will Make an Impact :

    Primary duties may include, but are not limited to :

    • Performs key actuarial functions for Medicare Advantage including new product pricing, evaluation of the impact of new legislation, evaluation of value-based contracts, 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.

    Minimum Requirements :

    • Requires a BA / BS degree and minimum of 4 years related experience; or any combination of education and experience, which would provide an equivalent background.
    • ASA required from the Society of Actuaries (SOA).

    For candidates working in person or remotely in the below locations, the salary* range for this specific position is $107,040 to $192,672

    Locations : California; Colorado; Hawaii; Nevada; New York; Washington State; Jersey City, NJ

    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.

    The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting.

    This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and / or skill level.

    Even within the range, the actual compensation will vary depending on the above factors as well as market / business considerations.

    No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans.

    The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

    Job Level :

    Non-Management Exempt

    Workshift : Job Family :

    Job Family : ACT >

    ACT >

    Actuarial

    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.

    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.

    Last updated : 2024-05-09

  • 1 Day Ago

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0 Actuary jobs found in Manchester, NH area

A
Business Analyst
  • AmTrust Financial Services, Inc.
  • Nashua, NH
  • Overview: Under moderate supervision, builds, analyzes, and interprets data and reporting that drive and support profit ...
  • 5/12/2024 12:00:00 AM

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AVP, Actuary- Valuation and Reinsurance - Hybrid
  • D.W. Simpson
  • Woburn, MA
  • Grown as much as you can in your current role? Take this opportunity to expand your skillset and gain new responsibiliti...
  • 5/11/2024 12:00:00 AM

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Human Resource Administrator
  • Complete Staffing Solutions, Inc.
  • Framingham, MA
  • Job Description Job Description If interested, please attach resume in WORD RESPONSIBILITIES · Heavy HRIS report writing...
  • 5/11/2024 12:00:00 AM

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Data Analyst, Actuarial
  • SBLI
  • Woburn, MA
  • SBLI Life Insurance’s Actuarial team is seeking a highly skilled and experienced Data Analyst with a strong background i...
  • 5/10/2024 12:00:00 AM

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Financial Advisor
  • KMA Human Resources Consulting
  • Bedford, NH
  • Financial Advisor Robbins Farley, LLC Bedford, NH We are working with our client, Robbins Farley, LLC, in seeking a Fina...
  • 5/10/2024 12:00:00 AM

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Director, State Product Management
  • Root Insurance Company
  • CURRENT ROOT EMPLOYEES - Please apply using the career page in Workday. This career site is for external applicants only...
  • 5/9/2024 12:00:00 AM

C
Associate Data Analyst
  • Concord Group Insurance
  • Bedford, NH
  • The Associate Data Analyst position learns and performs the technical skills and procedures necessary to develop, mainta...
  • 5/9/2024 12:00:00 AM

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AVP, Actuary - Product and Pricing - Hybrid
  • DW Simpson
  • Woburn, MA
  • A time-tested life insurance company is seeking an FSA with 7+ years of experience to become their next AVP, Actuary – P...
  • 2/5/2024 12:00:00 AM

Manchester is a city in the southern part of the U.S. state of New Hampshire. It is the most populous city in northern New England, an area comprising the states of Maine, New Hampshire, and Vermont. As of the 2010 census the city had a population of 109,565, up slightly to 111,196 in a 2017 estimate. The combined Manchester-Nashua Metropolitan Area had a 2010 population of 400,721. Manchester is, along with Nashua, one of two seats of Hillsborough County, the state's most populous. Manchester lies near the northern end of the Northeast megalopolis and straddles the banks of the Merrimack Rive...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$75,531 to $94,513
Manchester, New Hampshire area prices
were up 1.4% from a year ago

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