Associate Actuary

Centene Corporation; Colorado; On-site; USD 88,000 - 158,000; Full time

Benefits offered by this job

Competitive pay

Health insurance

401K and stock purchase plans

Tuition reimbursement

Paid time off + holidays

Remote/hybrid options

Job summary

Centene Corporation seeks an Associate Actuary to analyze Medicare Advantage financial performance, support quarterly forecasting, and certify Medicare bids. This role is part of the Medicare Actuarial Forecast & Financial Performance Team and requires an ASA designation, a Bachelor's degree, and 2+ years actuarial experience.

Fully remote within the Continental U.S. MAAA is preferred for bid certification.

Qualifications

• Bachelor's degree in a related field or equivalent experience.
• 2+ years of actuarial experience.
• ASA designation required; MAAA preferred for bid certification.

Responsibilities

• Analyze and evaluate Medicare Advantage financial performance.
• Forecast quarterly results and set Medicare bid targets.
• Develop actuarial reports and certify annual Medicare bids.
• Research legislative changes and assess financial impact.
• Distribute funds for benefits and analyze risk opportunities.
• Create and update actuarial analyses and reports.

Skills

Analytical skills

Excel advanced

SQL basics

AI/Copilot experience

Education

Bachelor's degree

Tools

Excel

SQL

Job description

Position Purpose

Conduct analysis, pricing, and risk assessment to evaluate and project Medicare Advantage financial performance. As part of the Medicare Actuarial Forecast & Financial Performance Team, this role supports quarterly forecasting, Medicare bid target setting, and key business decisions that shape Medicare benefit offerings and financial performance.

Key Details

Fully remote within the Continental U.S. Requires ASA designation, a Bachelor's degree, and 2+ years of actuarial experience. MAAA preferred for Medicare bid certification. Experience with Medicare Advantage financial performance, cost trend analysis, and actuarial analytics preferred. Strong analytical judgment, advanced Excel, and basic SQL/query skills required; AI/Copilot experience is a plus.

In This Associate Actuary Role, You Will

• Analyze and evaluate business risks and opportunities.
• Analyze various data reports, identify trends and gaps, and recommend actions.
• Apply knowledge of mathematics, probability, statistics, finance, and business principles to calculate financial outcomes.
• Develop probability tables based on analyses of statistical data and other pertinent information.
• Research and analyze the impact of legislative changes.
• Determine equitable methods for distributing funds for insurance benefits.
• Create and update actuarial reports.
• Participate in merger and acquisition analyses.
• Certify annual Medicare bids.

Education/Experience

Bachelor's degree in a related field or equivalent experience. 2+ years of actuarial experience.

License/Certification

Associate of the Society of Actuaries (ASA) (or equivalent international certification).

Pay Range: $87,700.00 - $157,800.00 per year

About Centene

At Centene, we connect people to the care they need to live healthier lives — and the work you do here makes that impact real every day. You’ll take on meaningful challenges that directly support individuals, families, and communities, building your skills while making healthcare more accessible and effective. It’s work with a purpose you can see, backed by a team committed to improving lives well beyond the workday.

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, including full-time or part-time status. Total compensation may also include additional forms of incentives. Benefits may be subject to program eligibility.

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.