Molina Healthcare - Long Beach, CA
posted 4 months ago
The Associate Actuarial Analyst position at Molina Healthcare is a full-time remote role based in Long Beach, CA. This position is primarily responsible for estimating liabilities, establishing premium rates, and conducting financial analysis and reporting. The analyst will extract, analyze, and synthesize data from various sources to identify risks associated with medical care costs. The role requires a strong foundation in mathematics, statistics, or economics, as well as the ability to communicate complex results effectively to senior management. In this role, the Associate Actuarial Analyst will support the development of Incurred But Not Reported (IBNR) estimates and rate adequacy studies. This involves documenting assumptions and analyzing results to identify early signs of trends or issues related to medical care costs. The analyst will also perform actuarial studies related to these costs and trends, generating and distributing routine reports to support IBNR calculations, pricing, and financial reporting. Additionally, the position requires extracting and compiling information from various systems to aid executive decision-making and developing reports and analyses for senior management. The ideal candidate will have a Bachelor's degree in Mathematics, Statistics, or Economics, and must have passed at least one actuarial exam. While no prior experience is required, an internship of up to two years is preferred. This role offers a competitive salary range of $40,851.44 to $88,511.46 annually, with actual compensation varying based on geographic location, work experience, education, and skill level.