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.
Position purpose:
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Conduct Unit Cost analysis and pricing for Centene’s Marketplace offering. This includes estimating financial outcomes through forecasting support.
Important Note:
- To be considered for this Associate Actuary role, this position requires a minimum of an ASA (Associate of the Society of Actuaries) credential, a bachelor's degree, and a min. of 2+ years of actuarial experience.
In this Associate Actuary role, you will:
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Develop medical unit cost assumptions based on analysis of statistical data and other pertinent information for Centene’s Marketplace products.
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Support forecasting from the standpoint of medical unit cost trend updates.
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Serve as the main point of contact for all actuarial medical unit cost related activities for one or more assigned health plans.
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Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
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Collaborate cross-functionally to plan and analyze expansion and new product efforts
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Work alongside pricing actuaries and various non-actuarial teams as a subject matter expert for core elements of rate development
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Research and analyze the impact from legislative changes
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Analyze various data reports, identify trends and gaps and recommend action
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Create and update actuarial reports
Education/Experience:
- Bachelor's degree in related field or equivalent experience.
- 2+ years of actuarial experience.
Required 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. However, due to the needs of the business, ideal work schedule is CST.*
Pay Range: $84,300.00 - $151,700.00 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. Total compensation may also include additional forms of incentives.
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.