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Associate Actuarial Analyst - NEW GRAD

MH

Location
United States
Molina Healthcare

Job Description

JOB DESCRIPTION

Job Summary

Responsible for estimating liabilities, establishing premium rates, financial analysis and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

KNOWLEDGE/SKILLS/ABILITIES

  • Support the development of the IBNR estimates and rate adequacy studies. Document assumptions.
  • Analyze results to identify early signs of trends or other issues related to medical care costs.
  • Perform actuarial studies related to medical care costs and trends.
  • Generate and distribute routine reports to support IBNR calculations, pricing, and financial reporting.
  • Extract and compile information from various systems to support executive decision-making.
  • Support the development of reports and analysis for senior management; effectively communicate results.

JOB QUALIFICATIONS

Required Education

Bachelor's Degree in Mathematics, Statistics, or Economics

Required Experience

0-1 Year

Required License, Certification, Association

Must have passed at least 1 actuarial exam.

Preferred Experience

Internship - 2 Years

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

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

Advice from our career coach

As someone who has worked in a similar role, I can tell you that for this position in actuarial analysis, it is crucial to have a strong background in mathematics, statistics, or economics. To stand out as an applicant, be sure to highlight your proficiency in data analysis, financial reporting, and trend identification. Here are some specific tips to help you shine:

  • Support the development of IBNR estimates and rate adequacy studies by showcasing your documentation skills and attention to detail.
  • Showcase your ability to analyze results effectively to identify trends and issues related to medical care costs.
  • Highlight your experience in performing actuarial studies related to medical care costs and trends.
  • Emphasize your proficiency in generating and distributing routine reports to support IBNR calculations, pricing, and financial reporting.
  • Demonstrate your skills in extracting and compiling information from various systems to support executive decision-making.
  • Showcase your ability to develop reports and analysis for senior management and effectively communicate results.

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