JOB DESCRIPTION
Job Summary
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.
• Oversees the creation of actuarial opinions and other formal communications, such as state or federal 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
Skills Required
- At least 7 years of actuarial experience, or an equivalent combination of relevant education and experience
- At least 1 year of management or leadership experience
- Associate in Society of Actuaries (ASA) designation
- Member of the American Academy of Actuaries (MAAA)
- Bachelor's degree in actuarial science, mathematics, statistics, economics, or a related field
- Subject matter expertise in at least one actuarial function, such as pricing, reserving, risk adjustment, analytics, or modeling
- Ability to justify actuarial judgments with well-supported or well-reasoned arguments
- Ability to provide insights to leadership based on actuarial review
- Advanced understanding of statistics and predictive analytics
- Problem-solving skills
- Critical-thinking and attention-to-detail skills
- Time-management skills and ability to manage simultaneous projects and tasks
- Strong verbal and written communication skills
- Proficiency with Microsoft Office, including Excel VLOOKUPs and pivot tables
- Proficiency with applicable actuarial software programs
Molina Healthcare Inc. Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Molina Healthcare Inc. and has not been reviewed or approved by Molina Healthcare Inc..
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Healthcare Strength — Health coverage is described as solid, including medical, dental, and vision insurance alongside options like HSA/FSA and disability coverage. Benefits are often seen as a meaningful part of the overall package.
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Retirement Support — A 401(k) with employer matching and an ESPP are offered, and the retirement plan is commonly regarded as a plus. These features help round out compensation even when base pay is seen as only acceptable.
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Leave & Time Off Breadth — PTO, paid holidays, and paid parental leave are part of the offering, with time‑off benefits generally viewed favorably. Backup family care and an employee assistance program add practical support.
Molina Healthcare Inc. Insights
What We Do
Molina Healthcare Inc. is dedicated to delivering effective, reliable, and affordable health care to those who need it most. The company focuses on improving the health and well-being of its members and positively impacting the communities it serves. Recognized as a leader in the health insurance category, it provides essential healthcare services to ensure accessible and quality care for its members.
