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.
Important note: This Senior Actuarial Analyst position is well-suited for individuals with actuarial experience (required), SOA exam credentials (required), and who are working toward their ASA designation. Candidates need to meet the Rule of 5 (e.g., 2 years exp, 3 passed exams). If you're already an ASA or FSA, please see our Associate or Actuary postings.
Position Purpose: Assist in financial analysis, pricing and risk assessment to estimate outcomes. This position will be provide cross-market cross-functional actuarial support for all Centene Medicaid markets. Extract, transform analyze, aggregate, review, interpret data to support development of Medicaid health insurance models.
In this Senior Actuarial Analyst role, you will:
- Manage Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
- Assist with developing probability tables based on analysis of statistical data and other pertinent information
- Analyze and evaluate required premium rates
- Assess cash reserves and liabilities enable payment of future benefits
- Develop and run data reports
- Assist with determining the equitable basis for distributing money for insurance benefits
- Participate in merger and acquisition analysis
- Performs other duties as assigned
- Complies with all policies and standards
- Understand different Medicaid markets and how organization capabilities interrelate across the function or segment.
- Analyze different data sources to determine value and make recommendations
- Incorporate core data management competencies including Data Governance, Data Security and Data Quality
- Perform assessments on data assets
- Prepare information for actuarial and non-actuarial audiences through building reports and delivering summary of results
- Serve as a resource to others
- Maintain high quality documentation of data definitions, transformations, and processes to ensure data governance and security
- Active pursuit of actuarial designation(ASA /FSA)
This Senior Actuarial Analyst position requires applying technical skills to complex analyses, strong interest in Medicaid market dynamics, good communication and interpersonal skills, and organizational talents. Excel skills and SQL/SAS or other programming languages are highly preferred. Experience with health care claims and pharmacy claims (i.e. understanding of costs, diagnosis/procedure codes, pharmacy terminology, etc.) is highly preferred.
Required 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.
Applicants for this job have the flexibility to work remote from home anywhere in the Continental United States.
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
