Associate Actuary, Strategic Analytics
Position Purpose
Conduct analysis, pricing and risk assessment to estimate financial outcomes. Manage health plan specific actuarial needs and produce actuarial reports to aid in developing corporate strategy.
Additional responsibilities
- Serve as the main point of contact for all actuarial related activities for VBC contracts
- Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
- Research and analyze the impact from legislative changes
- Assess cash reserves and liabilities enable payment of future benefits
- Analyze various data reports, identify trends and gaps and recommend action
- Determine the equitable basis for distributing money for insurance benefits
- Create and update actuarial reports
- Participate in merger and acquisition analysis
Education/Experience
- Bachelor’s degree in related field or equivalent experience
- 2+ years of actuarial experience
License/Certification
- Associate of the Society of Actuaries (ASA) (or equivalent international certification)
Preferred Qualifications
- Technical Proficiency: Advanced hands-on technical skills in data extraction and modeling (e.g., SQL, Python, R, and/or SAS)
- Problem Solving: Proven ability to navigate ambiguity, scope undefined business problems, and independently execute quantitative solutions without an existing playbook
- Prior experience in Actuarial Consulting, Value-Based Care analytics
- Experience evaluating the financial impact of clinical programs, care management initiatives, or medical cost trend
- A track record of standing up new analytical functions or leading "0-to-1" operational initiatives within a health plan or consulting environment
Pay Range
$87,700.00 - $157,800.00 per year
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.
About the role
We are seeking an entrepreneurial and innovative Associate Actuary to serve as a key strategic leader evaluating our highest-priority strategic initiatives - specifically, internal Quality and Affordability Initiatives (QAI) and external Value-Based Care (VBC) arrangements.
Responsibilities
This is not a traditional actuarial role, it’s a unique opportunity for an actuary who thrives in ambiguity and enjoys building from the ground up as a full-stack problem solver. You will independently identify valuation challenges, ideate robust analytical solutions, and engineer the methodologies required to measure the true financial impact of our value-based programs.
Requirements
- Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future
Qualifications
- Must have an ASA or FSA designation
- Must have a bachelor’s degree
- Must have at least two years of actuarial experience
Skills
- Exceptional matrix influence and communication skills
- Rigorous actuarial technical foundation
- Proactive mindset of a business builder
- Persuasive communication of a consultant
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.
Schedule
Applicants for this role have the flexibility to work remote from home anywhere in the Continental United States.