Assoc Actuarial Analyst - Remote

Lensa; Owensboro (KY); Remote; USD 77,000 - 107,000; Full time

Job summary

An established industry player is seeking a detail-oriented Actuarial Analyst to join their dynamic team. This role involves estimating liabilities, establishing premium rates, and conducting financial analysis to support executive decision-making. The ideal candidate will extract and synthesize data from various sources to identify potential risks and trends related to medical care costs. With a focus on developing IBNR estimates and generating insightful reports, this position offers a unique opportunity to contribute to the company's success while growing your actuarial expertise. If you're passionate about data analysis and financial reporting, this is the perfect role for you.

Qualifications

• Must have passed at least 1 actuarial exam.
• 0-1 year of relevant experience required.

Responsibilities

• Estimate liabilities and establish premium rates.
• Analyze data to identify trends in medical care costs.
• Develop reports for senior management.

Skills

IBNR estimation

Financial analysis

Data synthesis

Trend analysis

Report generation

Education

Bachelor's Degree in Mathematics

Bachelor's Degree in Statistics

Bachelor's Degree in Economics

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, and Abilities

• Support the development of IBNR estimates and rate adequacy studies. Document assumptions.
• Analyze results to identify early signs of trends or issues related to medical care costs.
• 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.
• Develop reports and analyses for senior management; communicate results effectively.

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

Current Molina employees interested in this position should apply through the intranet. Molina offers competitive benefits, and is an Equal Opportunity Employer (EOE) M/F/D/V.

Pay Range: $77,969 - $106,214 / ANNUAL