Actuarial Analyst - Not specified, United States - Molina Healthcare

    Molina Healthcare
    Molina Healthcare Not specified, United States

    1 month ago

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    Full time
    Description
    JOB DESCRIPTION

    Job Summary

    Analyzes data for cost savings opportunities and performance improvement initiatives. Researches 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

    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

    Pay Range: $54, $117,808.76 / ANNUAL
    *Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.

    About Us

    Molina Healthcare is a nationwide fortune 500 organization with a mission to provide quality healthcare to people receiving government assistance. If you are seeking a meaningful opportunity in a team-oriented environment, come be a part of a highly engaged workforce dedicated to our mission. Bring your passion and talents and together we can make a difference in the lives of others. Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.
    Job Type:
    Posting Date: 03/19/2024