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.
Important Note: To be considered for this Senior Actuarial Analyst position, candidate MUST have a minimum of actuarial experience, SOA (Society of Actuaries) exams, and a Bachelor's degree. Need to meet the Rule of 5 (e.g., 2 years actuarial experience and 3 passed actuarial exams).
Position Purpose: This State Lead actuarial position focuses on ACA marketplace actuarial pricing rate development.
- Assist in pricing, financial analysis, and risk assessment to estimate outcomes for the Marketplace (ACA).
- To become the subject matter expert on the actuarial pricing rate development in your assigned state(s).
- Perform actuarial analyses supporting pricing assumptions.
- Develop technical expertise and help contribute to continuous improvement in team’s modeling and process
In this Senior Actuarial Analyst role, you will:
- 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
- Develop and run data reports
- Assist with determining the equitable basis for distributing money for insurance benefits
- Participate in merger and acquisition analysis
Education/Experience: Bachelor’s degree in related field or equivalent experience. Combination of years of experience and number of actuarial exams passed equals or exceeds 5 (Rule of 5). For example, 2 years of actuarial experience and 3 passed actuarial exams.
License/Certification: Combination of years of experience and number of actuarial exams passed equals or exceeds 5 (Rule of 5). For example, 2 years of actuarial experience and 3 passed actuarial exams.
Preferred technical skills:
- Excel, knowledge in at least one coding language (ideally some exposure to R and SQL).
- Good coding ability (be able to manipulate data sets and build models).
*Applicants for this job have the flexibility to work remote from home anywhere in the Continental United States. While a Central Standard Time (CST) work schedule is preferred, we understand the importance of flexibility and will work to accommodate individual needs.*
Note: This Senior Actuarial Analyst position is well-suited for individuals with actuarial experience (required), SOA exam credentials (required), and who are working toward their ASA designation. Need to meet the Rule of 5 (e.g., 2 years exp, 3 passed exams). If you're already an ASA or FSA, please see our Associate or Actuary postings.
Pay Range: $68,700.00 - $123,700.00 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.
Qualified applicants with arrest or conviction records will be considered in accordance with the LA County Ordinance and the California Fair Chance Act
