Associate Actuarial Analyst - REMOTE

Mainstreetwashington; Sioux City (IA); Remote; USD 77,000 - 107,000; Full time

Job summary

A leading company in the healthcare sector is looking for a Financial Analyst responsible for estimating liabilities and performing financial analysis. The role involves analyzing medical care costs, developing IBNR estimates, and generating reports for senior management. Candidates should possess a Bachelor's Degree in Mathematics, Statistics, or Economics and have passed at least one actuarial exam.

Qualifications

• 0-1 year of relevant experience required.
• Must have passed at least 1 actuarial exam.
• Preferred internship experience of 2 years.

Responsibilities

• Estimate liabilities and establish premium rates.
• Conduct actuarial studies related to medical care costs.
• Generate routine reports to support financial reporting.

Skills

Data analysis

Financial reporting

Risk identification

Education

Bachelor's Degree in Mathematics, Statistics, or 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.