Note: The job is a remote job and is open to candidates in USA. Centene Corporation is transforming the health of communities across the nation and is looking for an Associate Actuary to lead strategic initiatives in Quality and Affordability. The role involves conducting analysis, pricing, and risk assessment to support corporate strategy and requires strong communication and analytical skills.
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
- Critically evaluate current valuation processes for strategic initiatives to identify gaps, overlapping values, or invalid assumptions
- Independently design, engineer, and implement new, actuarially sound methodologies for measuring program efficacy and shared savings
- Extract, clean, and manipulate complex data sets to stand up independent valuation models
- Serve as the primary actuarial liaison for strategic initiatives
- Utilize strong matrix influence to build consensus among clinical, operational, and finance leaders
- Act as a strategic communicator, translating highly complex actuarial methodologies and financial impacts into compelling, easily understood narratives for non-technical executive stakeholders
- Develop the operational framework to translate clinical interventions and operational outcomes into concrete, defensible financial forecasts and enterprise financial statements
- Assess the broader operational workflow of the strategic valuation process and recommend proactive improvements to enhance efficiency, accuracy, and enterprise-wide alignment
Skills
- ASA or FSA designation
- Bachelor's degree
- At least two years of actuarial experience
- Advanced hands-on technical skills in data extraction and modeling (e.g., SQL, Python, R, and/or SAS). Must be capable of building complex analytics and data pipelines independently
- 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
Benefits
- Health insurance
- 401K and stock purchase plans
- Tuition reimbursement
- Paid time off plus holidays
- Flexible approach to work with remote, hybrid, field or office work schedules
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