Associate Analyst, Actuarial - REMOTE
Molina Healthcare
Associate Analyst, Actuarial - REMOTE
Molina Healthcare
Posted 6 days ago
Full Time
Long Beach, California
Remote OK
Smart Summary
Responsibilities
Provides entry-level support for actuarial functions by extracting and analyzing data to identify risks and estimate liabilities. Responsibilities include developing IBNR estimates, performing rate adequacy studies, and generating financial reports for senior leadership.
Qualifications
You have up to 1 year of actuarial experience or an equivalent combination of education and experience, along with at least one passing Society of Actuaries (SOA) exam. You possess an advanced understanding of statistics and predictive analytics, coupled with strong problem-solving and critical-thinking abilities.
Must Have Skills for ATS
SOA exam
statistics
predictive analytics
Microsoft Office Suite
Excel
VLOOKUPs
pivot tables
Job Description
Provides entry level support for actuarial function activities including extracting, analyzing, and synthesizing data from various sources to identify risks. Estimates liabilities, establishes premium rates, and supports financial analysis and reporting.
Essential Job Duties
• Supports the development of incurred but not reported (IBNR) estimates and rate adequacy studies, and documents assumptions.
• Analyzes results to identify early signs of trends or other issues related to medical care costs.
• Performs actuarial studies related to medical care costs and trends.
• Generates and distributes routine reports to support IBNR calculations, pricing and financial reporting.
• Extracts and compiles information from various systems to support executive decision-making.
• Supports the development of reports and analysis for senior leadership, and effectively communicates results.
Required Qualifications
• Up to 1 year of actuarial experience, or equivalent combination of relevant education and experience.
• At least 1 passing Society of Actuaries (SOA) exam.
• Bachelor’s degree in actuarial, mathematics, statistics, economics or related field.
• Advanced understanding of statistics/predictive analytics.
• Demonstrated problem-solving skills.
• Strong critical-thinking and attention to detail.
• Ability to effectively collaborate with technical and non-technical stakeholders.
• Strong time-management skills, and ability to manage simultaneous projects and tasks to meet internal deadlines.
• Effective 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.
Preferred Qualifications
• Actuarial internship.
To all current Molina employees: If you are interested in applying for this position, please apply through the Internal Job Board.
Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V
Molina Healthcare
Molina Healthcare is a FORTUNE 500 company that is focused exclusively on government-sponsored health care programs for families and individuals who qualify for government sponsored health care. Molina Healthcare contracts with state governments and serves as a health plan providing a wide range of quality health care services to families and individuals. Molina Healthcare offers health plans in Arizona, California, Florida, Idaho, Illinois, Kentucky, Massachusetts, Michigan, Mississippi, Nevada, New Mexico, New York, Ohio, South Carolina, Texas, Utah, Virginia, Washington and Wisconsin. Molina also offers a Medicare product and has been selected in several states to participate in duals demonstration projects to manage the care for those eligible for both Medicaid and Medicare.
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