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Actuary – Valuation & Reserving

Job not on LinkedIn

🔥 1 minute ago

🏈 Alabama, Arizona, +43 more states – Remote

infoinfo

⏰ Full Time

🟡 Mid-level

🟠 Senior

📊 Actuary

Where this job comes from

Posted on Centene Corporation's careers page, not through a job board

First seen by Remote Rocketship 1 minute ago

Logo of Centene Corporation

Centene Corporation

10,000+ employees

Founded 1984

🛡️ Insurance

💼 Consulting

🏥 Healthcare

Insurance • Consulting • Healthcare

Centene Corporation is a leading provider of government-sponsored healthcare services, specializing in delivering affordable and high-quality healthcare solutions. For over 40 years, Centene has focused on transforming the health of communities by expanding access to Medicaid, Medicare, and Health Insurance Marketplace services, as well as serving military communities through the TRICARE program. As the largest Medicaid managed care organization and a key participant in the Marketplace, Centene emphasizes localized healthcare delivery combined with strong partnerships with nonprofit organizations to meet the unique needs of its members. Centene is also committed to corporate sustainability and social responsibility, prioritizing environmental stewardship and ethical governance to enhance the well-being of the communities it serves.

📋 Description

• Conduct analysis, pricing, and risk assessment to estimate financial outcomes • Support the Actuarial Valuation Team through experience and trend analysis, valuation activities, and communication of financial results • Estimate liabilities for claims incurred but not paid • Communicate financial results to health plans and other internal stakeholders • Support the NAIC actuarial opinion process • Apply mathematics, probability, statistics, finance, and business principles to calculate financial outcomes • Develop probability tables based on statistical data and other pertinent information • Review insurance plans and calculate required premium rates • Ensure cash reserves and liabilities enable payment of future benefits • Determine an equitable basis for distributing money for insurance benefits • Participate in merger and acquisition analysis • Help develop new processes and identify operational efficiencies • Collaborate across departments and gain exposure to leadership • Perform other duties as assigned

🎯 Requirements

• Bachelor's Degree in related field or equivalent experience required • 5+ years of actuarial experience with Associate in Society of Actuaries (ASA) certification, or 4+ years of actuarial experience with Fellow in Society of Actuaries (FSA) certification required • Associate of the Society of Actuaries (ASA) certification required • Member of the American Academy of Actuaries (MAAA) preferred • Healthcare and valuation actuarial experience • Experience estimating claims incurred but not paid • Knowledge of NAIC actuarial opinions • Strong Excel skills, including VBA, arrays, PivotTables, and queries • SQL, Python, Power BI, and ability to leverage AI tools preferred • Fully remote within the continental U.S. • Ability to apply mathematics, probability, statistics, finance, and business principles • Compliance with all policies and standards

🏖️ Benefits

• Competitive pay • Health insurance • 401K • Stock purchase plans • Tuition reimbursement • Paid time off plus holidays • Flexible approach to work with remote, hybrid, field or office work schedules • Additional forms of incentives may be included in total compensation

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