Associate Actuary - Medicare

Centene Corporation; Minnesota; Remote; USD 86,000 - 155,000; Full time

Job summary

A leading health insurance organization is seeking an Associate Actuary - Medicare to join their team. This remote position requires an ASA or FSA designation and at least 2 years of actuarial experience. Responsibilities include conducting financial analyses and managing bid assumptions. The salary range is competitive, offering between $86,000 and $154,700, along with comprehensive benefits.

Benefits

Health insurance

401K

Tuition reimbursement

Paid time off

Flexible work arrangements

Qualifications

• 2+ years of actuarial experience required.
• Must have ASA or FSA designation.
• Knowledge of financial outcomes and risk assessment is crucial.

Responsibilities

• Conduct analysis, pricing, and risk assessment to estimate financial outcomes.
• Own bid assumptions and certify bids.
• Develop probability tables based on statistical data.

Skills

Mathematics

Probability

Statistics

Financial analysis

Education

Bachelor’s degree in related field

Job description

Overview

Join to apply for the Associate Actuary - Medicare role at Centene Corporation.

Centene is transforming the health of our communities, one person at a time. We offer competitive benefits and workplace flexibility.

Welcome! To be considered for this role, candidates must have an ASA or FSA designation, a bachelor’s degree, and at least two years of actuarial experience.

Eligibility reminder: Applicants who meet the minimum qualifications will be considered. This role can be remote from anywhere within the continental United States. Ideal schedule is ET, CT, PT.

Position purpose

Centene is seeking a motivated, self-driven associate actuary to join our Medicare Duals team. This role offers a unique opportunity to contribute to high-impact Medicare Duals analyses, while playing a key role on the Medicare Bid Team. The ideal candidate will take ownership of bid assumptions, conduct thorough bid reviews, and support bid certification efforts—helping drive strategic decision-making and ensuring accuracy in our Medicare bids submissions. Conduct analysis, pricing and risk assessment to estimate financial outcomes. Manage health plan specific actuarial needs and produce actuarial reports to aid in developing corporate strategy.

In this Associate Actuary role, you will

• Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
• Develop probability tables based on analysis of statistical data and other pertinent information
• Research and analyze the impact from legislative changes
• Analyze and evaluate required premium rates
• Analyze various data reports, identify trends and gaps and recommend action
• Determine the equitable basis for distributing money for insurance benefits
• Create and update actuarial reports
• Participate in merger and acquisition analysis
• Conducting analyses, pricing, and risk assessment to estimate financial outcomes
• Owning bid assumptions and certifying a set of bids
• Being a Medicare Duals leader within the company

Highly Preferred

• Member of the American Academy of Actuaries

Education/Experience

• Bachelor’s degree in related field or equivalent experience. 2+ years of actuarial experience.

License/Certification

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

Additional details

Applicants have flexibility to work remotely from home anywhere within the continental United States. Due to business needs, the ideal schedule is ET, CT, PT.

Compensation & Benefits

Pay Range $86,000.00 - $154,700.00 per year. Centene offers a comprehensive benefits package including health insurance, 401K and stock purchase plans, tuition reimbursement, paid time off plus holidays, and flexible work arrangements. Total compensation may include additional forms of incentives. Benefits may be subject to program eligibility.

Equal Opportunity

Centene is an equal opportunity employer that values diversity. 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 applicable laws.

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