Associate Actuary - VBC

Oklahoma Complete Health; Mission (KS); Remote; USD 86,000 - 155,000; Full time

Job summary

Oklahoma Complete Health is seeking an Associate Actuary to conduct analyses and pricing studies. The role involves using mathematical and statistical methods to evaluate financial outcomes and support value-based care initiatives. Candidates should possess a Bachelor's degree and the ASA designation, along with at least two years of experience in actuarial work.

Benefits

Health insurance

401K plan

Tuition reimbursement

Paid time off and holidays

Flexible work schedule

Qualifications

• Must hold an ASA designation.
• 2+ years of actuarial experience required.

Responsibilities

• Conduct analyses, pricing studies, and risk assessments.
• Develop models to support VBC risk arrangements.
• Communicate findings and recommendations to corporate leadership.

Skills

Mathematics

Probability

Statistics

Analytical skills

Education

Bachelor's degree

Associate of the Society of Actuaries (ASA)

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.

Eligibility Requirements: Applicants must have earned at least an ASA (Associate of the Society of Actuaries) designation, hold a bachelor's degree, and possess a minimum of two years of actuarial experience to qualify for the Associate Actuary role.

Position Purpose: Conduct analyses, pricing studies, and risk assessments for Centene's value-based contracting strategies across multiple lines of business.

Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes. Analyze various data reports, identify trends and gaps, and recommend actions. Create and update actuarial reports.

In this Associate Actuary role, you will:

• Develop models to support the analysis of new business strategies and VBC risk arrangements
• Monitor and evaluate program performance
• Communicate findings, risks, and opportunities through written reports and presentations to corporate leadership
• Collaborate with and review work of other analysts and actuaries
• Document projects according to team standards

Why This Associate Actuary Role is Appealing:

• Mission-Driven Impact: Support Centene’s goal of delivering high-quality, whole-health solutions through value-based care (VBC) arrangements.
• Strategic Influence: Enable meaningful VBC partnerships with providers, directly contributing to one of Centene’s core focus areas.
• Diverse Project Exposure: Engage in a wide range of VBC pricing projects - from straightforward Medicaid TCOC target setting to complex, high-acuity attribution models.
• Cross-Product Learning: Gain experience across multiple lines of business, enhancing your actuarial skill set and business acumen.
• Collaborative Environment: Join a supportive team with varying levels of experience, fostering both mentorship and peer learning.
• Flexible Work Style: Thrive in both team-based and independent work settings, with opportunities to lead and contribute meaningfully.

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 job have the flexibility to work remote from home anywhere in the Continental United States.

Important Note: To be considered for this position, candidates must hold an ASA (Associate of the Society of Actuaries) designation, a bachelor's degree, and possess a minimum of two years of actuarial experience.

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.

Welcome

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

About Us

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.