Junior Actuarial Analyst

POSITION SUMMARY

The Junior Actuarial Analyst plays a crucial role in assessing financial risks by estimating liabilities and setting premium rates. This position involves extracting, analyzing, and synthesizing data from diverse sources to pinpoint potential risks.

KEY RESPONSIBILITIES

• Assist in the formulation of Incurred But Not Reported (IBNR) estimates and conduct rate adequacy evaluations. Ensure all assumptions are well-documented.
• Evaluate outcomes to detect early indicators of trends or issues related to healthcare expenses.
• Conduct actuarial analyses focused on healthcare costs and emerging trends.
• Create and disseminate regular reports to aid in IBNR calculations, pricing strategies, and financial disclosures.
• Gather and compile data from various systems to facilitate informed decision-making at the executive level.
• Contribute to the preparation of reports and analyses for senior leadership; effectively convey findings.

QUALIFICATIONS

Education Requirements

A Bachelor's Degree in Mathematics, Statistics, or Economics is required.

Experience Requirements

0-1 Year of relevant experience is expected.

Licensure and Certification

Candidate must have successfully completed at least one actuarial examination.

Preferred Experience

Internship experience of 2 years is advantageous.

Molina Healthcare is committed to providing a competitive benefits and compensation package. We are an Equal Opportunity Employer (EOE) M/F/D/V.

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Salary Range: $40, $88,511.46 / ANNUAL
*Actual compensation may vary based on geographic location, work experience, education, and/or skill level.