Associate Actuary - Medicare Forecasting

Centene Management Company LLC; Illinois; Hybrid; USD 88,000 - 158,000; Full time

Benefits offered by this job

Health insurance

401K plan

Tuition reimbursement

Flexible work options

Job summary

Centene is seeking an ASA with strong actuarial analytics to conduct pricing, forecasting, and risk assessment for Medicare Advantage financial performance. This role supports quarterly forecasting, bid development, and strategic decisions shaping Medicare benefits and profitability.

The ideal candidate has 3+ years of actuarial analytics experience, advanced Excel and SQL skills, and ASA certification; remote work options within the Continental U.S. are available.

Qualifications

• Bachelor's degree in a related field or equivalent experience.
• ASA designation required or within reach.
• 2+ years actuarial experience with analytics focus.
• MMAA designation or eligibility preferred; AI/Copilot experience a plus.

Responsibilities

• Analyze and evaluate business risks and opportunities.
• Analyze data reports, identify trends and gaps, and recommend actions.
• Apply math, probability, statistics, finance to forecast outcomes.
• Develop probability tables from statistical analyses.
• Research and analyze impact of legislative changes.
• Determine equitable methods for distributing funds for benefits.
• Create and update actuarial reports.
• Participate in merger and acquisition analyses.
• Certify annual Medicare bids.

Skills

Actuarial analytics

Financial forecasting

Data trend analysis

Problem solving

Education

Bachelor's degree

ASA designation

Tools

Excel

SQL

Job description

Position Purpose: Conduct actuarial 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.

Job Details

• Seeking an ASA with strong actuarial analytics experience who can analyze complex information, identify trends and financial drivers, and develop valuable insights and recommendations for complex business problems.
• Three or more years of experience with a strong focus on analytics is highly preferred, with Medicare Advantage experience a strong plus, particularly financial forecasting, financial performance analysis, cost trend analysis, and Medicare bid development or support.
• Requires a Bachelor’s degree, ASA designation, a minimum of 2+ years of actuarial experience, advanced Excel skills, and basic SQL/query knowledge.
• MMAA designation or eligibility for Medicare bid certification is preferred; AI/Copilot experience is a plus.
• Fully remote within the Continental U.S.

Education / Experience

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

License / Certification

License/Certification: Associate of the Society of Actuaries (ASA) (or equivalent international certification).

Pay Range

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

Responsibilities

• 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.

Benefits

Centene offers a comprehensive benefits package including:

• Competitive pay
• Health insurance
• 401K and stock purchase plans
• Tuition reimbursement
• Paid time off plus holidays
• 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.

Equal Opportunity Employer

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.

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 is committed to helping people live healthier lives. We provide access to high-quality healthcare, innovative programs and a wide range of health solutions that help families and individuals get well, stay well and be well.

Thanks for your interest in Centene and its subsidiary companies. We’re so glad that you’ve decided to fill out an application and take the next step to find your purpose. Also, we’re here to help support you on your candidate journey. Should you need an accommodation, please email [e-mail].