Manager, Actuarial Services

Molina Healthcare • Long Beach, CA

1d

About The Position

Leads and manages a team responsible for actuarial function activities. This includes extracting, analyzing, and synthesizing data from various sources to identify risks. The role also supports the 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 the 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

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees