Associate Actuary - Medicare

Centene; United States; Remote; USD 86,000 - 155,000; Full time

Job summary

A leading healthcare organization is seeking an Associate Actuary to join their Medicare Duals team. This role involves performing critical analyses and supporting bid certifications to enhance financial outcomes. Candidates should possess an ASA certification and have at least two years of actuarial experience. The position offers the flexibility to work remotely from anywhere in the continental United States.

Benefits

Health insurance

401K plan

Tuition reimbursement

Paid time off

Flexible work schedules

Qualifications

• 2+ years of actuarial experience required.
• Associate of the Society of Actuaries (ASA) certification is necessary.

Responsibilities

• Calculate financial outcomes using statistical methods.
• Conduct risk assessment and pricing analysis.
• Develop and update actuarial reports.
• Analyze trends in insurance data.
• Support the Medicare Bid Team with bid certification.

Skills

Mathematics

Probability

Statistics

Financial Analysis

Data Analysis

Education

Bachelor's degree in related field

Job description

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.

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.

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
• Developing 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)

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

Eligibility Reminder: To ensure your application is considered, please review the minimum qualifications listed above. Applications from candidates who meet these requirements will be reviewed.

Pay Range: $86,000.00 - $154,700.00 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 , 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