WellCare

Actuarial Analyst - Medicare

Posted on: 2 Feb 2021

Woodland Hills, CA

Job Description

Position Purpose:



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* Assist in financial analysis, pricing and risk assessment to estimate outcomes.
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* Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
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* Assist with developing probability tables based on analysis of statistical data and other pertinent information
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* Analyze and evaluate required premium rates
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* Assess cash reserves and liabilities enable payment of future benefits
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* Assist with determining the equitable basis for distributing money for insurance benefits
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* Participate in merger and acquisition analysis





Education/Experience:

Bachelor's degree or equivalent experience. 0-3 years of actuarial experience.



License/Certification:

Passed one actuarial exam.

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.

title:Actuarial Analyst - Medicare

WellCare

Tampa, FL

WellCare Health Plans, Inc. provides government-sponsored managed care services. The company operates in three segments: Medicaid Health Plans, Medicare Health Plans, and Medicare Prescription Drug Plans (PDPs). The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state-based programs, such as children's health insurance programs and long-term services and supports programs for qualifying families who are not eligible for Medicaid.

The Medicare Health Plans segment provides Medicare, a federal program that provides eligible persons aged 65 and over, as well as some disabled persons with a range of hospital, medical, and prescription drug benefits; Medicare Advantage, a Medicare’s managed care alternative to the original Medicare program, which offers individuals standard Medicare benefits directly through Centers for Medicare & Medicaid Services; and coordinated care plans that are administered through health maintenance organizations and require members to seek health care services and select a primary care physician from a network of health care providers.

The Medicare PDPs segment provides Medicare part D PDP plans to Medicare-eligible beneficiaries. Its PDP plans offer national in-network prescription drug coverage, including a preferred pharmacy network. As of December 31, 2018, the company served approximately 5.5 million members in the United States. WellCare Health Plans, Inc. was founded in 1985 and is headquartered in Tampa, Florida.