• Associate Analyst, Actuarial (Marketplace/ACA)…

    Molina Healthcare (Cleveland, OH)


    JOB DESCRIPTION

    Job Summary

    The role is responsible for assisting in establishing premium rates and conducting financial analysis and reporting. A key responsibility of this role is supporting the Molina Marketplace ACA individual market pricing, forecasting, and accrual processes.

    Essential Job Duties

    • Supports the development of incurred but not reported (IBNR) estimates and rate adequacy studies, and documents assumptions.

    • Analyzes results to identify early signs of trends or other issues related to medical care costs.

    • Performs actuarial studies related to medical care costs and trends.

    • Generates and distributes routine reports to support IBNR calculations, pricing and financial reporting.

    • Extracts and compiles information from various systems to support executive decision-making.

    • Supports the development of reports and analysis for senior leadership, and effectively communicates results.

    Required Qualifications

    • Up to 1 year of actuarial experience, or equivalent combination of relevant education and experience.

    • At least 1 passing Society of Actuaries (SOA) exam.

    • Bachelor’s degree in actuarial, mathematics, statistics, economics or related field.

    • Advanced understanding of statistics/predictive analytics.

    • Demonstrated problem-solving skills.

    • Strong critical-thinking and attention to detail.

    • Ability to effectively collaborate with technical and non-technical stakeholders.

    • Strong time-management skills, and ability to manage simultaneous projects and tasks to meet internal deadlines.

    • Effective verbal and written communication skills.

    • Proficient in Microsoft Office suite products, including key skills in Excel (VLOOKUPs and pivot tables), and applicable software program(s) proficiency.

    Preferred Qualifications

    • Actuarial internship

     

    To all current Molina employees: If you are interested in applying for this position, please apply through the Internal Job Board.

     

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

    Pay Range: $77,969 - $106,214 / ANNUAL

    *Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.