Associate Actuary

Company: Centene Corporation
Location: Chesterfield
Posted on: May 11, 2022

Job Description:

You could be the one who changes everything for our 25 million members. Centene is transforming the health of our communities, one person at a time. As a diversified, multi-national organization, you'll have access to competitive benefits including a fresh perspective on workplace flexibility.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.In this Associate Actuary role, you will:

• Serve as the main point of contact for state pricing support
• Manage Marketplace individual product pricing for at least 1 health plan
• Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
• Develop and review actuarial assumptions and models supporting pricing and rate filings
• Research and analyze the impact from legislative changes
• Analyze and evaluate required premium rates
• 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 reportsOur Comprehensive Benefits Package:
  • Flexible work solutions including remote options, hybrid work schedules and dress flexibility
  • Competitive pay
  • Paid Time Off including paid holidays
  • Health insurance coverage for you and dependents
  • 401(k) and stock purchase plans
  • Tuition reimbursement and best-in-class training and development -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) -Working within our actuarial department, your talents and skills will be challenged, recognized and rewarded. -We are a pay-for-performance environment that promotes employees based on talent and contribution. -In order to maintain our tremendous growth in this space, our over 400 member Actuarial team is growing. -Located across the country, this team uses:

    • Technical skills to build leading edge models, predict outcomes and assess future impacts -
    • Business skills to develop strategy with senior leadership -
    • Personal skills to interact with state, federal and private employer customers
    • Management skills to organize cross department projects -Areas of focus within our Actuarial Department includes: -Medicare / Medicaid / Marketplace / Commercial / Risk Adjustment / Reserving / Actuarial Analytics / Value-Based Care / Actuarial Reporting / Health Policy - -About Us:Centene Corporation, a FORTUNE 25 company, is the leading multi-national healthcare enterprise committed to helping people live healthier lives. We are revolutionizing the world of healthcare through digital transformation. Our world class teams use collective innovation to turn visions into action and challenge what is possible. -We are an industry leader with a local focus and a global vison:
      • Listed on FORTUNE magazine's World's Most Admired Companies List for 2nd consecutive year.
      • Ranked No.2 on the FORTUNE 500 Measure Up Initiative, a new benchmark to identify companies building inclusive and fair workplaces.
      • National footprint in all 50 states, serving 1 in 15 individuals in the U.S.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.

Keywords: Centene Corporation, Chesterfield , Associate Actuary, Accounting, Auditing , Chesterfield, Missouri