Sr Actuarial Analyst (Medicare) - REMOTE

Lensa; City of Syracuse (NY); Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an actuarial analyst to join their team in Syracuse. This role is pivotal in estimating liabilities and establishing premium rates while conducting in-depth financial analyses. You will collaborate with actuarial staff to perform essential studies on medical care costs and trends, ensuring the organization remains competitive and compliant. If you have a strong background in mathematics or statistics and are passionate about analyzing data to drive business decisions, this opportunity offers a dynamic environment with competitive benefits and growth potential.

Qualifications

• 2-4 years of relevant experience in actuarial roles.
• Must have passed at least 3 actuarial exams.

Responsibilities

• Estimate liabilities and establish premium rates.
• Analyze medical care costs and recommend solutions.
• Prepare reports for executive decision-making.

Skills

Data Analysis

Financial Reporting

Actuarial Studies

Risk Identification

Collaboration

Education

Bachelor's Degree in Mathematics

Bachelor's Degree in Statistics

Bachelor's Degree in Economics

Job description

Job Description Overview

This role involves estimating liabilities, establishing premium rates, conducting financial analysis, and reporting. It requires extracting, analyzing, and synthesizing data from various sources to identify risks.

Knowledge, Skills, and Abilities

• Collaborate with actuarial staff to complete IBNR estimates and rate adequacy studies, documenting assumptions.
• Analyze results to identify early trends or issues related to medical care costs and recommend solutions.
• Design and perform actuarial studies on medical care costs and trends.
• Create reports to support IBNR calculations, pricing, and financial reporting.
• Extract and compile data to support executive decision-making, communicating results effectively.
• Research and develop reports and analyses for senior management.
• Prepare claim experience reports, rate models, and regulatory reports.

Job Qualifications

Required Education: Bachelor's Degree in Mathematics, Statistics, or Economics

Required Experience: 2-4 years

Required Licenses/Certifications: Must have passed at least 3 actuarial exams

Preferred Experience: 5-6 years

Preferred Certifications: ASA or near ASA

Interested applicants should apply through the appropriate channels. Molina Healthcare offers competitive benefits and is an Equal Opportunity Employer.