Assoc Actuarial Analyst - Remote

Molina Healthcare; Boise (ID); Remote; USD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented actuarial analyst to support financial analysis and reporting. In this role, you will be responsible for estimating liabilities and establishing premium rates while analyzing data to identify trends in medical care costs. This position offers an opportunity to engage with senior management through data-driven insights and reports. If you are passionate about data analysis and eager to contribute to impactful financial decisions, this role could be your next career step.

Qualifications

• Bachelor's degree in Mathematics, Statistics, or Economics required.
• Must have passed at least 1 actuarial exam.

Responsibilities

• Estimate liabilities and establish premium rates through financial analysis.
• Analyze data to identify trends related to medical care costs.

Skills

Data Analysis

Financial Reporting

Actuarial Studies

Trend Analysis

Communication Skills

Education

Bachelor's Degree in Mathematics

Bachelor's Degree in Statistics

Bachelor's Degree in Economics

Job description

JOB DESCRIPTION

Job Summary

Responsible for estimating liabilities, establishing premium rates, financial analysis and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

KNOWLEDGE/SKILLS/ABILITIES

1. Support the development of the IBNR estimates and rate adequacy studies. Document assumptions.
2. Analyze results to identify early signs of trends or other issues related to medical care costs.
3. Perform actuarial studies related to medical care costs and trends.
4. Generate and distribute routine reports to support IBNR calculations, pricing, and financial reporting.
5. Extract and compile information from various systems to support executive decision-making.
6. Support the development of reports and analysis for senior management; effectively communicate results.

JOB QUALIFICATIONS

Required Education

Bachelor's Degree in Mathematics, Statistics, or Economics.

Required Experience

0-1 Year.

Required License, Certification, Association

Must have passed at least 1 actuarial exam.

Preferred Experience

Internship - 2 Years.