Manager, Actuarial Services - REMOTE

Molina Healthcare; Northern (KY); Hybrid; USD 80,000 - 172,000; Full time

Job summary

Molina Healthcare seeks an experienced actuarial leader to manage a team responsible for extracting, analyzing, and synthesizing data to identify risks, support liability estimates, premium rate setting and financial analysis.

The role oversees actuarial studies on medical costs, communicates insights to leadership, and supports rate filings, budgeting and strategic initiatives in a dynamic environment.

Qualifications

• At least 7 years of actuarial experience with demonstrated leadership experience.
• ASA and MAAA membership or equivalent credentials.
• Bachelor’s degree in actuarial science, mathematics, statistics, economics or related field.

Responsibilities

• Hires, onboards, trains, mentors, manages and provides technical guidance to actuarial staff.
• Reviews reporting for consistency and appropriate methodologies.
• Oversees creation of actuarial opinions and formal communications, including regulatory filings.
• Designs and performs actuarial studies related to medical care costs and trends.
• Interprets results and recommends solutions to issues.
• Supports rate filings, new business development, financial projections, budgeting and acquisitions.
• Stays abreast of actuarial developments and industry trends.

Skills

Leadership

Actuarial management

ASA/MAAA member

Data analysis

Communication skills

Education

Bachelor's degree in actuarial or related field

ASA/MAAA designation

7+ years actuarial experience

1+ year management experience

Tools

Microsoft Office

Excel (VLOOKUP, Pivot tables)

Job description

JOB DESCRIPTION

Job Summary

Leads and manages team responsible for actuarial function activities including extracting, analyzing, and synthesizing data from various sources to identify risks; also supports provision of liability estimates, premium rate establishment and financial analysis and reporting.

Essential Job Duties

• Hires, onboards, trains, mentors, manages and provides technical guidance and leadership to actuarial staff.
• Reviews reporting prepared by actuary team to assure consistency and appropriateness of methodologies used.
• Oversees the creation of actuarial opinions and other formal communications, such as state or federal reporting requirements.
• Designs and performs actuarial studies related to medical care costs and trends.
• Interprets results and recommends solutions to identified issues.
• Supports ad-hoc projects related to rate filings, new business development, financial projections, budgeting and acquisitions.
• Stays abreast of actuarial professional developments and industry trends.

Required Qualifications

• At least 7 years of actuarial experience, or equivalent combination of relevant education and experience.
• At least 1 year of management/leadership experience.
• Associate in Society of Actuaries (ASA) and Member of American Academy of Actuaries (MAAA).
• Bachelor’s degree in actuarial, mathematics, statistics, economics or related field.
• Demonstrated subject matter expertise in at least one actuarial function (pricing, reserving, risk adjustment, analytics, modeling, etc.)
• Ability to justify actuarial judgements with well- supported and/or well-reasoned arguments.
• Ability to provide insights to leadership based on actuarial review.
• Advanced understanding of statistics/predictive analytics.
• Demonstrated problem-solving skills.
• Strong critical-thinking and attention to detail.
• Strong time-management skills, and ability to manage simultaneous projects and tasks to meet internal deadlines.
• Strong verbal and written communication skills.
• Proficient in Microsoft Office suite products, including key skills in Excel (VLOOKUPs and pivot tables), and applicable software program(s) proficiency.

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

Pay Range: $79,607.91 - $172,483.8 / ANNUAL
*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.