Associate Actuary

Centene Corporation•Remote-MN, NE

6d•$87,700 - $157,800•Remote

About The Position

Centene is seeking an Associate Actuary to join their team. This role is crucial in transforming the health of communities by conducting analysis, pricing, and risk assessment to estimate financial outcomes. The Associate Actuary will manage health plan specific actuarial needs and produce reports to aid in developing corporate strategy. This position offers broad exposure to vendor contracting, financial performance evaluation, and strategic decision-making, collaborating with stakeholders across all lines of business on diverse, high-impact initiatives. The role is instrumental in advancing Value-Based Care (VBC) strategies that drive significant financial value across the enterprise. The position is remote and can be worked from home anywhere in the Continental US.

Requirements

ASA or FSA designation
Bachelor’s degree or higher
At least 2 years of actuarial experience
Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future.

Nice To Haves

Experience in healthcare
Experience in Excel, SAS, SQL, Snowflake and/or Teradata
Vendor/Provider Experience

Responsibilities

Serve as the main point of contact for all actuarial related activities for an assigned contract
Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
Develop probability tables based on analysis of statistical data and other pertinent information
Research and analyze the impact from legislative changes
Analyze and evaluate required vendor and provider deals
Analyze various data reports, identify trends and gaps and recommend action
Determine the equitable basis for distributing with providers and vendors
Create and update actuarial reports
Participate in merger and acquisition analysis
Support the development and maintenance of financial models for Value-Based Care (VBC) contracts (e.g., assisting with shared savings/risk and capitation analyses in Excel)
Analyze claims, vendor performance, and other healthcare datasets using tools such as SQL, SAS, or Python to help establish baselines, track performance, and identify trends
Assist with the preparation of financial analyses and materials used in discussions with external vendors and internal stakeholders
Collaborate with cross-functional teams, including Medical Economics, Enterprise Partnerships, Network, and Clinical teams, to gather data, validate assumptions, and support ongoing initiatives
Identify data discrepancies, reporting issues, and analytical findings, and escalate concerns or recommendations to more senior team members as appropriate