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Associate Actuarial Analyst - REMOTE

Molina Healthcare

Phoenix (AZ)

Remote

USD 77,000 - 107,000

Full time

5 days ago
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Job summary

Molina Healthcare seeks an Actuarial Analyst responsible for estimating liabilities and analyzing financial trends. The role involves data synthesis from multiple sources and requires a Bachelor's degree in Mathematics, Statistics, or Economics. Passing an actuarial exam is necessary, alongside 0-1 years of experience.

Benefits

Competitive benefits package

Qualifications

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

Responsibilities

  • Estimate liabilities and establish premium rates.
  • Analyze medical care cost trends.
  • Generate routine reports for executive decision-making.

Skills

Analytical Skills
Data 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

  • 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 - $106,214 / ANNUAL
*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

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