Associate Actuary

🕒 September 23

❄️ Minnesota – Remote

❄️ Minnesota – Remote

💵 $87.7k - $157.8k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

📊 Actuary

👻 Ghost score 14%

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Centene Corporation

WebsiteLinkedInAll Job Openings

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 strategic analysis, pricing, and peer review • Build and support tools for planning processes and risk assessment • Manage actuarial needs and produce actuarial reports supporting corporate strategy • Contribute to Medicare strategic initiatives and planning • Own and build tools and processes supporting internal users • Review and certify Medicare Advantage bids when eligible for American Academy of Actuaries membership • Calculate financial outcomes using mathematics, probability, statistics, finance, and business principles • Develop probability tables and regressions from statistical data • Research and analyze the impact of legislative changes • Analyze and evaluate required premium rates • Assess cash reserves and liabilities for future benefit payments • Analyze data reports, identify trends and gaps, and recommend action • Determine equitable bases for distributing insurance benefit funds • Create and update actuarial reports • Participate in merger and acquisition analysis • Perform other assigned duties and comply with policies and standards

🎯 Requirements

• 2+ years of actuarial experience • Associate of the Society of Actuaries (ASA) designation • Bachelor’s degree in related field or equivalent experience • Healthcare and Medicare Advantage actuarial experience is ideal • Experience with cost trend analysis and actuarial tool development is ideal • Advanced Excel skills, including arrays, PivotTables, VBA, and queries • SQL proficiency • SAS proficiency • Ability to effectively leverage AI tools for actuarial analysis and decision-making • Knowledge of mathematics, probability, statistics, finance, and business principles • If eligible for American Academy of Actuaries membership, ability to review and certify Medicare Advantage bids

🏖️ Benefits

• Health insurance • 401K plan • Stock purchase plans • Tuition reimbursement • Paid time off • Holidays • Flexible approach to work with remote, hybrid, field or office work schedules • Competitive pay • Potential additional forms of incentives as part of total compensation

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