Job Details

Actuarial Analyst

The role is responsible for assisting in establishing premium rates and conducting financial analysis and reporting. A key responsibility of this role is supporting the Molina Marketplace ACA individual market pricing, forecasting, and accrual processes.

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

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