Actuarial Analyst

Centene Corporation

21h • Remote

About The Position

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. We're hiring Actuarial Analysts - These opportunities are designed for individuals committed to the actuarial career path, with a bachelor’s degree, one passed SOA exam, and demonstrated progress toward ASA designation. Actuarial Development & Team Culture We offer a comprehensive actuarial development program and foster a collaborative culture that supports continuous learning and professional growth. We value a wide range of perspectives and experiences, recognizing that diverse thinking strengthens teams and drives innovation. These Actuarial Analyst openings include roles on the following teams. Additional teams may be added as new opportunities arise: Medicaid Projections Team: Assist in the development of Medicaid financial forecasts. Provide technical support as we expand on our process for projecting medical claims across many Medicaid markets. Work will be both cyclical and ad hoc. This role will ideally be filled by someone with significant Excel experience and some coding exposure (SQL, SAS, Python and/or R.) The new hire will ideally be someone who takes and receives feedback well and is open to growth and relationship building. A Central Time (CST) remote schedule is preferred. Marketplace ACA Pricing Team: Support pricing and rate filings for Centene’s Marketplace ACA line of business. Primary responsibilities include: assist in the development and review of pricing models and assumptions to help determine adequate premium rates; query, validate, and analyze data to inform financial projections; help prepare experience reports for internal analyses and external filing requirements. Note: although we're a remote-first team, this role is open to candidates preferably based in California who can work a Pacific Time (PST) remote schedule. Position Purpose: Assist in financial analysis, pricing and risk assessment to estimate outcomes. Additional responsibilities may vary per actuarial team. As an Actuarial Analyst, you will: Develop and analyze complex financial and statistical reports related to quality, cost and effectiveness of healthcare services Prepare budget and forecast and analyze financial results related to expectations Assist in financial analysis, pricing and risk assessment to estimate outcomes. Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes Assist with developing probability tables based on analysis of statistical data and other pertinent information Analyze and evaluate required premium rates Assess cash reserves and liabilities enable payment of future benefits Assist with determining the equitable basis for distributing money for insurance benefits Participate in merger and acquisition analysis Additional responsibilities may vary per actuarial team.

Requirements

• Bachelor’s degree or equivalent experience.
• 0-3 years of actuarial experience.
• Passed one actuarial exam - REQUIRED.

Nice To Haves

• Experience with Excel (pivot tables, formulas, indexing, data analysis) and VBA.
• Experience with SQL, SAS, Python, or R programming.

Responsibilities

• Develop and analyze complex financial and statistical reports related to quality, cost and effectiveness of healthcare services
• Prepare budget and forecast and analyze financial results related to expectations
• Assist in financial analysis, pricing and risk assessment to estimate outcomes.
• Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
• Assist with developing probability tables based on analysis of statistical data and other pertinent information
• Analyze and evaluate required premium rates
• Assess cash reserves and liabilities enable payment of future benefits
• Assist with determining the equitable basis for distributing money for insurance benefits
• Participate in merger and acquisition analysis
• Additional responsibilities may vary per actuarial team.

Benefits

• 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 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees