What are the responsibilities and job description for the Actuarial Director - Kentucky Commercial Pricing position at Elevance Health?
Location: This role requires associates to be in-office 3 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, promoting a dynamic and adaptable workplace. Alternate 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.
This Actuarial Director role is for Kentucky Commercial Pricing. This position is responsible for coordinating all commercial pricing activities within the state of Kentucky, including the Individual, Small Group, and Large Group market segments. The role partners closely with local business leaders, Finance, Enterprise and Segment Pricing Teams, Actuarial, Underwriting, Product, Network, and other functional areas to develop and execute pricing strategies that achieve margin, growth, and membership objectives.
The Director will lead pricing analysis, rate development, forecasting, and financial modeling activities while ensuring alignment with corporate strategies and market conditions. This role is also accountable for overseeing regulatory rate filings and ensuring compliance with state and federal requirements. In addition, the Director will manage and prioritize ad hoc local business pricing projects, providing strategic insights and recommendations to support business decision-making.
A key responsibility of the role is to build, maintain, and develop a high-performing pricing team through effective leadership, coaching, and talent development. The position requires strong collaboration, communication, and analytical skills, as well as the ability to influence stakeholders across multiple levels of the organization.
How You Will Make An Impact
Locations: Virginia, Illinois, California
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 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.
This Actuarial Director role is for Kentucky Commercial Pricing. This position is responsible for coordinating all commercial pricing activities within the state of Kentucky, including the Individual, Small Group, and Large Group market segments. The role partners closely with local business leaders, Finance, Enterprise and Segment Pricing Teams, Actuarial, Underwriting, Product, Network, and other functional areas to develop and execute pricing strategies that achieve margin, growth, and membership objectives.
The Director will lead pricing analysis, rate development, forecasting, and financial modeling activities while ensuring alignment with corporate strategies and market conditions. This role is also accountable for overseeing regulatory rate filings and ensuring compliance with state and federal requirements. In addition, the Director will manage and prioritize ad hoc local business pricing projects, providing strategic insights and recommendations to support business decision-making.
A key responsibility of the role is to build, maintain, and develop a high-performing pricing team through effective leadership, coaching, and talent development. The position requires strong collaboration, communication, and analytical skills, as well as the ability to influence stakeholders across multiple levels of the organization.
How You Will Make An Impact
- Coordinate all commercial pricing activities in the state of Kentucky.
- Monitors trend of profit and profitability by line of business and/or product.
- Serves on major projects as Actuarial representative.
- Organizes and directs the staffing and work flow of the section.
- 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).
- Strong collaborative, analytical and communication skills preferred.
- Pricing experience preferred.
Locations: Virginia, Illinois, California
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.
Salary : $141,600 - $244,260