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.
Note: To qualify for this Senior Actuarial Analyst role, you must have a Bachelor's degree and meet the Rule of 5. The Rule of 5 means your years of actuarial experience plus the number of actuarial exams passed must equal at least 5 (e.g., 2 years of experience and 3 exams passed). If you're already an ASA or FSA, please see our Associate or Actuary postings.
*Applicants for this job have the flexibility to work remote from home anywhere in the Continental United States.*
Position Purpose:
Assist in pricing, financial analysis, and risk assessment to estimate outcomes for Individual commercial (ACA) products.Support health plan specific actuarial needs and produce actuarial reports to aid in developing corporate strategy.Collaborate with actuaries and non-actuaries to assist with achieving well-rounded healthcare products.
In this Senior Actuarial Analyst role, you will:
Develop, analyze, and support optimizing pricing strategies for ACA Marketplace plans that consider the need for adequate premium rates and the competitive dynamics of a market Review key pricing inputs and assumptions, including experience, reimbursement, and morbidity analysesLead the rate filing process in at least one state/market, including preparing rate filings and effective communication with federal and state regulatorsServe as the main point of contact for all actuarial related activities for an assigned health planResearch and analyze the impact of various federal and state legislative/regulatory changesPerforms other duties as assignedComplies with all policies and standardsWhat is appealing about this role: We are a highly collaborative actuarial team with varying levels of experience. This role will have the opportunity to:
Work directly with company leaders to provide actuarial input on pricing strategiesDive into interesting, complex problems while maintaining work / life balanceEven though this role is fully remote, we maintain strong lines of communication with all team members to foster a communityThis will be an Individual Contributor role with future opportunity to move into a management trackWe also have a highly competitive study program and full managerial support of study hoursEducation/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.
Highly preferred skills:
ACA pricing related experience, including rate filing submissions, or an equivalent background in pricing/rate setting for health insurance productsExcel, R/R-Studio, SQLStrong financial acumen, with a solid grasp of financial and actuarial principles within a health contextStrong attention to detail and written and verbal communication skills, with a proven record of being able to communicate complex actuarial concepts to a variety of audiencesPay Range: $68,700.00 - $123,700.00 per yearCentene 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