Actuarial Analyst-Senior
Buffalo, NY 
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Posted 12 days ago
Job Description
FIND YOUR FUTURE

We're excited about the potential people bring to our organization. You can grow your career here while enjoying first-class perks, benefits and commitment to diversity and inclusion.

Overview

Under the supervision of the Manager-Actuarial Services, the individual will provide a full scope of actuarial and statistical analyses. Such projects will support both internal and external customers. The position requires working collaboration with other team members and business units throughout the organization. This role requires strong analytical skills.

Qualifications
  • Bachelor's degree required in Mathematics, Statistics, Actuarial Sciences, or related field. Master's degree preferred.
  • Five (5) years of Actuarial or related experience required.
  • Completion of at least one Society of Actuaries exam preferred.
  • Strong understanding of Actuarial concepts, functions, and processes and how they relate to the enterprise, including how they impact operations and financials.
  • Expert understanding of health care concepts and products, and detailed understanding of the health care environment including government regulations and competitive landscape.
  • Proficient PC skills in a Windows environment. Advanced knowledge of Excel, SAS and other analytic or query tools required. Programming and coding experience required.
  • Proven ability to handle data sources, filter and assess data quality, and recognize data patterns required. Strong problem-solving skills required. Must be able to develop information derived from multiple and varied inputs and communicate and interpret that information.
  • Demonstrated project management skills. Minimal supervision required on projects. Develops and supports complex projects.
  • Excellent oral and written communication skills. Demonstrated self-motivation and initiative, as well as an ability to perform under pressure. Strong interpersonal skills. Strong organizational skills and ability to prioritize, multitask, and work in fast paced environment.
  • Proven examples of displaying the IH values: Passionate, Caring, Respectful, Trustworthy, Collaborative and Accountable.

Essential Accountabilities
  • Supports budget development process including forecasting and actual to budget comparison. Communicates with external departments to support budget preparation. Assesses and validates budgetary assumptions.
  • Supports development and forecasting of accruals for Finance and Accounting for various financial statement items.
  • Provides analysis and reporting for financial and regulatory requirements including but not limited to MCR, ROI, product performance, provider and vendor relationships, and audit support.
  • Performs actuarial analysis and modeling including but not limited to reserves, pricing, and forecasting.
  • Develops ad hoc reports as a supplement to routine management reports through query building and data extraction.
  • Proposes and assists in development of process improvements and automation within the department.
  • Manages complex projects with complete and thorough understanding of entire process. Responsible for development, support, and improvement of departmental projects with minimal supervision.
  • Performs peer review as needed. Management track: Provides mentoring and critical analysis to other team members. Management of Actuarial Intern Program.
  • Represents the Actuarial Department to other areas of the company or external constituents. Develops and enacts effective communication including senior level management.
  • Understands multiple sources of data; is able to identify and utilize most relevant source to complete task. Ensures overall data integrity. Draws together facts and input from a variety of sources; makes recommendations to management.
  • Provides support to assist management in meeting corporate goals and strategic decision making.

Hiring Compensation Range: $95,000 - $115,000 annually

Compensation may vary based on factors including but not limited to skills, education, location and experience.

In addition to base compensation, associates may be eligible for a scorecard incentive, full range of benefits and generous paid time off. The base salary range is subject to change and may be modified in the future.

As an Equal Opportunity / Affirmative Action Employer, Independent Health and its affiliates will not discriminate in its employment practices due to an applicant's race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship and immigration status, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law. for additional EEO/AAP or Reasonable Accommodation information.

Current Associates must apply internally via the Job Hub app.


As an Equal Opportunity / Affirmative Action Employer, Independent Health and its affiliates will not discriminate in its employment practices due to an applicant’s race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law. Click here: https://www.independenthealth.com/AboutIndependentHealth/Careers/AdditionalEEO-AAPInformation for additional EEO/AAP or Reasonable Accommodation information.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5 years
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