Experience:
1-3 years of experience
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Employment Type:
Full time
Posted:
8/10/2017
Job Category:
Health Care Provider
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Associate Actuarial Analyst
Molina Healthcare | Herndon, Virginia
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Job Description

Job Description

Job Summary

Responsible for estimating liabilities, establishing premium rates, financial analysis and reporting. Extracts, analyzes, and synthesizes data from various sources to identify risks.

Knowledge/Skills/Abilities

* Support the development of the IBNR estimates and rate adequacy studies. Document assumptions.
* Analyze results to identify early signs of trends or other issues related to medical care costs.
* 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.
* Support the development of reports and analysis for senior management; effectively communicate results.

Job Qualifications

Required Education

Bachelor's Degree in Mathematics, Statistics, or Economics

Required Experience

0-1 Years experience

Preferred License, Certification, Association

Passed at least 2 actuarial exams.

Preferred Experience

Internship - 2 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.

About Molina Healthcare

Molina Healthcare, Inc. (Molina Healthcare) is a multi-state managed care organization that arranges for the delivery of health care services to persons eligible for Medicaid, Medicare and other government-sponsored programs for low-income families and individuals. The Company conducts its business primarily through 10 licensed health plans in the states of California, Florida, Michigan, Missouri, Nevada, New Mexico, Ohio, Texas, Utah and Washington. In addition, the Company operates three county primary care clinics in Virginia. The health plans are locally operated by its respective wholly owned subsidiaries in those 10 states, each of which is licensed as a health maintenance organization. Molina Healthcare's revenues are derived primarily from premium revenues paid to its health plans by the relevant state Medicaid authority, which revenues are jointly financed by the federal government and the states. (Source: 10-K)

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