Assoc Actuarial Analyst- REMOTE

Molina Healthcare; Mesa (AZ); Remote; USD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented individual to join their team in a crucial role focused on financial analysis and reporting. This position involves estimating liabilities, establishing premium rates, and conducting actuarial studies to assess medical care costs. The ideal candidate will have a strong analytical background, capable of synthesizing data from various sources to support executive decision-making. With opportunities for growth and development, this role is perfect for someone eager to make a meaningful impact in the healthcare sector while honing their actuarial skills.

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

Financial Analysis

Data Analysis

Actuarial Studies

Report Generation

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

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.