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
• Lead Actuarial staff in IBNR estimation process and rate adequacy studies. Coordinate with health plan management teams. Communicate findings to Molina Executive management and design/implement appropriate follow-up analyses.
• Lead Actuarial staff supporting capitation rate negotiations, new business development, rate filings and bids, mergers, and regulatory reporting requiring collaboration with corporate and health plan senior management teams.
• Coordinate projects involving employees across functional areas.
• Stay abreast of professional developments and industry trends..
Job Qualifications
Required Education
Bachelor's Degree
Required Experience
7+ Years
Required License, Certification, Association
Associate of the Society of Actuaries, Member of the American Academy of Actuaries
Preferred Experience
10+ years
Preferred License, Certification, Association
Fellow of the Society of Actuaries, Member of the American Academy of Actuaries
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.
Working at
Molina Healthcare
Molina Healthcare is a leading managed healthcare company dedicated to providing quality healthcare services to underserved communities. With a strong commitment to improving access to care, Molina Healthcare offers a wide range of health insurance plans and solutions. As an actuary at Molina Healthcare, you'll play a crucial role in assessing and managing risks to ensure the financial stability of the company's healthcare offerings. Actuaries at Molina Healthcare utilize their expertise in statistical analysis and risk assessment to develop pricing strategies, analyze healthcare trends, and provide insights that support evidence-based decision-making. Molina Healthcare's focus on serving vulnerable populations and providing cost-effective care creates unique challenges and opportunities for actuaries. Collaborating with cross-functional teams, actuaries at Molina Healthcare analyze complex healthcare data, identify trends, and develop innovative solutions that improve health outcomes while managing costs. Professional growth is highly valued at Molina Healthcare, and actuaries have access to ongoing training and development opportunities. Actuaries can enhance their skills and expertise while contributing to the company's mission of providing quality healthcare to those who need it most. Join Molina Healthcare's esteemed actuarial team and embark on a fulfilling career where you can make a meaningful impact on underserved communities, drive healthcare innovation, and enjoy a supportive work environment.