Leads and manages team responsible for actuarial function activities including extracting, analyzing, and synthesizing data from various sources to identify risks; also supports provision of liability estimates, premium rate establishment and financial analysis and reporting.
Essential Job Duties
• Hires, onboards, trains, mentors, manages and provides technical guidance and leadership to actuarial staff.
• Reviews reporting prepared by actuary team to assure consistency and appropriateness of methodologies used.
• Performs incurred but not reported (IBNR) estimates and rate adequacy studies, and documents assumptions.
• Oversees the creation of actuarial opinions, rate issue letters, and other state related reporting requirements.
• Designs and performs actuarial studies related to medical care costs and trends.
• Interprets results and recommends solutions to identified issues.
• Supports ad-hoc projects related to rate filings, new business development, financial projections, budgeting and acquisitions.
• Stays abreast of actuarial professional developments and industry trends.
Required Qualifications
• At least 7 years of actuarial experience, or equivalent combination of relevant education and experience.
• At least 1 year of management/leadership experience.
• Associate in Society of Actuaries (ASA) and Member of American Academy of Actuaries (MAAA).
• Bachelor’s degree in actuarial, mathematics, statistics, economics or related field.
• Demonstrated subject matter expertise in at least one actuarial function (pricing, reserving, risk adjustment, analytics, modeling, etc.)
• Ability to justify actuarial judgements with well- supported and/or well-reasoned arguments.
• Ability to provide insights to leadership based on actuarial review.
• Advanced understanding of statistics/predictive analytics.
• Demonstrated problem-solving skills.
• Strong critical-thinking and attention to detail.
• Strong time-management skills, and ability to manage simultaneous projects and tasks to meet internal deadlines.
• Strong 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.
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