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C
Centene
Senior Actuarial Analyst
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What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$119,496 / year median in the U.S.
-7% projected decline
Job Description
Senior Actuarial Analyst Centene - 3.2 Washington, DC Job Details Full-time $70,100 - $126,200 a year 11 hours ago Benefits Paid holidays Health insurance 401(k) Tuition reimbursement Paid time off Qualifications Financial risk assessment Statistics Supplier performance analysis Financial model construction Financial model development SAS Mid-level SAS language Trend analysis Snowflake Data summary reports SQL Analysis skills Math Bachelor's degree Medical billing data analysis Pricing analysis experience within healthcare industry Probability theory Teradata Financial performance measurement Data accuracy checks Cross-functional collaboration Healthcare performance metrics analysis Financial data analysis tools 2 years Communication skills Python Healthcare data reporting Vendor performance monitoring Health economics data analysis
Full Job Description Position Purpose:
Assist in financial analysis, pricing, and risk assessment to estimate outcomes. As part of the Vendor Analytics team, this role supports Value-Based Care (VBC) initiatives through contract modeling, healthcare analytics, and financial performance analysis.Key Details:
Fully remote within the Continental U.S. Requires actuarial experience and demonstrated progress toward an actuarial credential through successful completion of actuarial exams (Rule of 5). Healthcare experience preferred, including claims analysis and healthcare datasets. Experience with Excel, SQL, SAS, Python, Snowflake, and/or Teradata preferred. Strong analytical, communication, and collaboration skills are essential. This role is part of Centene's Actuarial Development Program, offering exam support, mentorship, professional development, and exposure to cross-functional stakeholders across the organization. In This Sr.Actuarial Analyst Role, You Will:
Apply knowledge of mathematics, probability, statistics, principles of finance, and business to calculate financial outcomes. Assist with developing trends and baseline targets based on analysis of data and other pertinent information. Analyze and evaluate vendor fees and shared savings arrangements. Develop and run data reports. Assist with determining the equitable basis for vendor contracts and financial arrangements. Support the development and maintenance of financial models for Value-Based Care (VBC) contracts, including shared savings, risk, and capitation analyses. Analyze claims, vendor performance, and other healthcare datasets using tools such as SQL, SAS, or Python to establish baselines, track performance, and identify trends. Prepare financial analyses and collaborate with internal stakeholders, external vendor partners, and cross-functional teams to support ongoing initiatives. Identify data discrepancies, reporting issues, and analytical findings, and escalate concerns or recommendations as appropriate. Perform other duties as assigned and comply with all policies and standards.Education/Experience:
Bachelor's degree in a 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.Pay Range:
$70,100.00 - $126,200.00 per year At Centene, we connect people to the care they need to live healthier lives — and the work you do here makes that impact real every day. You'll take on meaningful challenges that directly support individuals, families, and communities, building your skills while making healthcare more accessible and effective. It's work with a purpose you can see, backed by a team committed to improving lives well beyond the workday. 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. 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 ActBenefits
- Paid Time Off (PTO)
- Financial Aid/Assistance
- Professional Development
- 401(k) Plans