Actuarial Analyst (Medicare) - REMOTE

Lensa; United States; Remote; USD 77,000 - 115,000; Full time

Job summary

An established industry player is seeking a motivated individual for a full-time entry-level position in the finance and sales function. This role involves estimating liabilities, conducting financial analysis, and generating reports to support executive decision-making. Ideal candidates will have a Bachelor's degree in Mathematics, Statistics, or Economics, along with a passion for data analysis and actuarial studies. Join a dynamic team and contribute to impactful financial strategies while enjoying a competitive benefits package.

Benefits

Competitive benefits package

Health insurance

Retirement plan

Flexible working hours

Qualifications

• 1-2 years of experience required; 3-4 years preferred.
• Must have passed at least 2 actuarial exams.

Responsibilities

• Estimate liabilities and establish premium rates.
• Analyze trends related to medical care costs.
• Prepare claim experience reports and rate models.

Skills

IBNR Estimates

Financial Analysis

Data Analysis

Actuarial Studies

Report Generation

Education

Bachelor's Degree in Mathematics

Bachelor's Degree in Statistics

Bachelor's Degree in Economics

Job description

Job Description

This position involves estimating liabilities, establishing premium rates, conducting financial analysis, and reporting. The role requires extracting, analyzing, and synthesizing data from various sources to identify risks.

Knowledge/Skills/Abilities

• Collaborate with Actuarial staff to perform IBNR estimates and rate adequacy studies. Document assumptions.
• Analyze results to identify early signs of trends or issues related to medical care costs.
• Design and perform actuarial studies related to medical care costs and trends.
• Generate and distribute routine reports supporting IBNR calculations, pricing, and financial reporting.
• Extract and compile information from various systems to support executive decision-making.
• Research and develop reports and analyses for senior management; effectively communicate results.
• Assist in preparing claim experience reports, rate models, and state regulatory reports.

Qualifications

Education: Bachelor's Degree in Mathematics, Statistics, or Economics

Experience: 1-2 Years required; 3-4 Years preferred

Licenses/Certifications: Must have passed at least 2 actuarial exams

Additional Information

Molina Healthcare offers a competitive benefits and compensation package. This is a full-time, entry-level position in the finance and sales function within the IT Services and IT Consulting industry. The pay range is $77,969 - $115,000 annually, with actual compensation varying based on location, experience, education, and skills.