You could be the one who changes everything for our 28 million members. Centene is transforming the health of our communities, one person at a time. As a diversified, national organization, you’ll have access to competitive benefits including a fresh perspective on workplace flexibility.
Note: This Senior Actuarial Analyst position is ideal for individuals with required actuarial experience and SOA exam credentials, who are working toward their ASA designation. Candidates must meet the Rule of 5 (e.g., 2 years of experience and 3 passed exams). If you are already an ASA or FSA, please refer to our Associate or Actuary postings.
Position Purpose: Conduct Unit Cost analysis and pricing for Centene’s Marketplace offering. This includes estimating financial outcomes through forecasting support.
In this Senior Actuarial Analyst role, you will:
- Develop medical unit cost assumptions based on analysis of statistical data and other pertinent information for Centene’s Marketplace products.
- Support forecasting from the standpoint of medical unit cost trend updates.
- Collaborate cross-functionally to plan and analyze expansion and new product efforts
- Work alongside pricing actuaries and various non-actuarial teams as a subject matter expert for core elements of rate development
- Serve as the main point of contact for all actuarial medical unit cost related activities for one or more assigned health plans.
- Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
- Research and analyze the impact from legislative changes
- Analyze various data reports, identify trends and gaps and recommend action
- Create and update actuarial reports
Education/Experience:
- Bachelor's degree in related field or equivalent experience. Combination of years of experience and number of actuarial exams passed equals or exceeds 5 (Rule of 5). For example, 2 years of actuarial experience and 3 passed actuarial exams.
License/Certification:
- Combination of years of experience and number of actuarial exams passed equals or exceeds 5 (Rule of 5). For example, 2 years of actuarial experience and 3 passed actuarial exams.
In addition to the minimum requirements above, highly preferred skills:
- Strong Excel skills. VBA is a plus
- Intermediate R and/or SQL
- Healthcare or medical economics experience a big plus, doesn’t need to be ACA
*Applicants for this job have the flexibility to work remote from home anywhere in the Continental United States. Due to the needs of the business, ideal work schedule is 8:00 AM to 5:00 PM Central Standard Time.*
Note: To be considered for this Senior Actuarial Analyst position, candidates MUST have a minimum of some actuarial experience, SOA (Society of Actuaries) exams, and a Bachelor's degree. Candidates need to meet the Rule of 5 (e.g., 2 years of actuarial experience and 3 passed actuarial exams).
Pay Range: $68,700.00 - $123,700.00 per year
Centene offers a comprehensive benefits package including: competitive pay, health insurance, 401K and stock purchase plans, tuition reimbursement, paid time off plus holidays, and a flexible approach to work with remote, hybrid, field or office work schedules. Actual pay will be adjusted based on an individual's skills, experience, education, and other job-related factors permitted by law. Total compensation may also include additional forms of incentives.
Centene is an equal opportunity employer that is committed to diversity, and values the ways in which we are different. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other characteristic protected by applicable law.
Qualified applicants with arrest or conviction records will be considered in accordance with the LA County Ordinance and the California Fair Chance Act
