JOB DESCRIPTION Job Summary
Provides subject matter expert level consultant expertise for actuarial function activities including extracting, analyzing, and synthesizing data from various sources to identify risks. Â Estimates liabilities, establishes premium rates, and supports financial analysis and reporting.
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Essential Job Duties
• Performs incurred but not reported (IBNR) estimates and rate adequacy studies, and documents assumptions. Â
• Oversees the creation of actuarial opinions, rate issue letters, and other related state reporting requirements.
• Designs and performs actuarial studies related to medical care costs and trends.
• Supports ad-hoc projects related to rate filings,  new business development, financial projections,  budgeting, and acquisitions.
• Reviews reporting prepared by others to assure consistency and appropriateness of methodologies used. Â
• Interprets results and recommends solutions to identified issues.
• Stays abreast of actuarial professional developments and industry trends.
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Required Qualifications
• At least 5 years of actuarial experience, or equivalent combination of relevant education and experience.
• At least 4 passing Society of Actuaries (SOA) exams.
• 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.
• 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.
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Preferred Qualifications
• Associate of the Society of Actuaries (ASA). Â
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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
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