Manager, Actuarial Services
Molina Healthcare•Long Beach, CA
About The Position
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.
Requirements
- 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.
Responsibilities
- 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.
Benefits
- competitive benefits and compensation package
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
5,001-10,000 employees
