Assoc Actuarial Analyst - REMOTE

Molina Healthcare; City of Albany (NY); Remote; USD 77,000 - 85,000; Full time

Job summary

An established industry player is seeking a detail-oriented individual to join their team as an Actuarial Analyst. This role involves estimating liabilities, conducting financial analysis, and generating reports to support executive decision-making. The ideal candidate will have a strong foundation in mathematics or statistics and a passion for analyzing data to identify trends in medical care costs. This is a fantastic opportunity to contribute to a dynamic organization that values innovation and analytical skills, while also providing a competitive compensation package and a supportive work environment.

Qualifications

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

Responsibilities

• Estimate liabilities and establish premium rates.
• Analyze data to identify trends in medical care costs.
• Generate routine reports for financial reporting.

Skills

Financial Analysis

Data Analysis

Report Generation

Actuarial Studies

Trend Analysis

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

• Support the development of the IBNR estimates and rate adequacy studies. Document assumptions.
• Analyze results to identify early signs of trends or other issues related to medical care costs.
• Perform actuarial studies related to medical care costs and trends.
• Generate and distribute routine reports to support IBNR calculations, pricing, and financial reporting.
• Extract and compile information from various systems to support executive decision-making.
• 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

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $85,000 / ANNUAL
*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.