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Actuarial Analyst - REMOTE
$98k-120k (estimate)
Other | Insurance 6 Days Ago
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Molina Healthcare Group is Hiring a Remote Actuarial Analyst - REMOTE

Job Description

JOB DESCRIPTION

Job Summary

Analyzes data for cost savings opportunities and performance improvement initiatives. Research healthcare utilization and claims experience to identify areas of growth. Collaborates with the KY Finance and corporate actuarial teams on IBNR calculations, capitation rate review, rate advocacy, and forecasting. This is a non-traditional role that blends standard actuarial modeling, medical economics, and financial reporting and analytics.

KNOWLEDGE/SKILLS/ABILITIES

  • Collaborate with Actuarial staff to perform IBNR estimates and rate adequacy studies. Document assumptions.
  • Analyze results to identify early signs of trends or other issues related to medical care costs.
  • Design and 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.
  • Research and develop reports and analysis for senior management; effectively communicate results.
  • Assist in the preparation of claim experience reports, rate models, and state regulatory reports.

JOB QUALIFICATIONS

Required Education

Bachelor's Degree in Mathematics, Statistics, or Economics

Required Experience

1-2 Years

Required License, Certification, Association

Must have passed at least 2 actuarial exams.

Preferred Experience

3-4 years of Actuarial experience

SQL experience

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.

#PJCorp

#LI-AC1

Job Info

Job Identification: 2026232

Job Category: Finance

Posting Date: 2024-05-24T19:00:00 00:00

Job Schedule:

Job Summary

JOB TYPE

Other

INDUSTRY

Insurance

SALARY

$98k-120k (estimate)

POST DATE

06/22/2024

EXPIRATION DATE

08/21/2024

WEBSITE

molinahealthcare.com

HEADQUARTERS

ALBUQUERQUE, NM

SIZE

7,500 - 15,000

FOUNDED

1980

TYPE

Public

CEO

MARIO MOLINA

REVENUE

$10B - $50B

INDUSTRY

Insurance

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About Molina Healthcare Group

Molina is a managed care organization providing health care to individuals and families in 13 states & Puerto Rico via Medicaid & Medicare programs.

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The job skills required for Actuarial Analyst - REMOTE include Actuarial, Analysis, SQL, Economics, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be an Actuarial Analyst - REMOTE. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Actuarial Analyst - REMOTE. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Actuarial Analyst - REMOTE positions, which can be used as a reference in future career path planning. As an Actuarial Analyst - REMOTE, it can be promoted into senior positions as an Actuary IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Actuarial Analyst - REMOTE. You can explore the career advancement for an Actuarial Analyst - REMOTE below and select your interested title to get hiring information.

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If you are interested in becoming an Actuarial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Actuarial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Actuarial Analyst job description and responsibilities

Analysts are often also responsible for the monthly, quarterly, and annual reporting processes that need to be completed by the actuarial departments.

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They use statistical models to analyze data and assess risk.

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They teach math concepts that are very specific to the actuarial field.

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Actuarial analysts use advanced statistics and modeling to understand data and assist actuaries.

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Actuarial Analysts use statistics and mathematics to predict financial risks for companies.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Actuarial Analyst jobs

Many actuaries earn an actuarial science degree, but some pursue other analytical majors, such as mathematics or statistics.

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Entry-level positions for Risk Analysts typically require.

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The best actuarial science schools are ones that have a good reputation, has accreditation, and has a large percentage of graduates finding employment after earning their degree.

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To earn the Associate of the Society of Actuaries designation, students must pass a specialized series of actuarial science exams.

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Pass at least one actuarial exam.

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Step 3: View the best colleges and universities for Actuarial Analyst.

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