Senior Actuarial Analyst

This is a fully remote position, open to applicants in Arizona, +41 more states.

📋 Description

• Assist in conducting financial analysis, pricing strategies, and risk assessments to forecast outcomes.

• Facilitate business decision-making by performing actuarial analyses, evaluating healthcare cost trends, and identifying potential savings opportunities across various healthcare data sources.

• Integrate eligibility, revenue, claims, provider, and other healthcare data sources to pinpoint and quantify savings opportunities.

• Present findings and recommendations to project leadership and key stakeholders.

• Manage large relational datasets and varying levels of data granularity to compile and prepare essential input data.

• Construct actuarial models featuring clear, adaptable assumption inputs and summarized outputs.

• Utilize mathematics, probability, statistics, finance, and business principles to determine financial outcomes.

• Aid in developing probability tables based on statistical analysis and relevant information.

• Analyze and assess necessary premium rates.

• Evaluate cash reserves and liabilities for forthcoming benefit payments.

• Create and execute data reports.

• Assist in establishing a fair basis for distributing insurance benefit funds.

• Engage in merger and acquisition analyses.

• Perform additional duties as assigned.

• Adhere to all policies and standards.

⛳️ Requirements

• Bachelor's degree in a relevant field or equivalent experience.

• A combination of years of experience and the number of actuarial exams passed must equal or exceed 5 (Rule of 5).

• Actuarial experience is required.

• Proven progress towards obtaining an actuarial credential through the successful completion of actuarial exams.

• Experience in healthcare analytics is essential.

• Familiarity with cost trend analysis is required.

• Experience with medical claims analysis is necessary.

• Proficiency in working with large relational datasets.

• Capability to navigate varying levels of data granularity.

• Experience in developing actuarial models with clear, flexible assumptions and summarized outputs.

• Knowledge of mathematics, probability, statistics, finance principles, and business concepts.

• Ability to convey findings to project management, team leaders, and executive stakeholders.

• Compliance with all policies and standards is mandatory.

🏝️ Benefits

• Exam support through Centene's Actuarial Development Program.

• Opportunities for professional development.

• Health insurance coverage.

• 401K retirement plan.

• Stock purchase plans available.

• Tuition reimbursement offered.

• Paid time off in addition to holidays.

• Flexible work arrangements, including remote, hybrid, field, or office schedules.