Actuarial Analyst-Intermediate

Independent Health•Buffalo, NY

44d•$80,000 - $95,000

About The Position

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 a culture that fosters growth, innovation and collaboration. Overview Under the supervision of the Manager-Actuarial Services, the candidate 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.

Requirements

Bachelor’s degree required in Mathematics, Statistics, Actuarial Sciences, or related field.
Three (3) years of Actuarial or related experience required OR two (2) years of actuarial experience and ASA designation required.
Strong understanding of Actuarial concepts, functions, and processes.
Detailed understanding of health care concepts and products, and general understanding of the health care environment.
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.
Demonstrated project management skills.
Able to support 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.

Nice To Haves

Master’s degree preferred.
Completion of at least one Society of Actuaries exam preferred.

Responsibilities

Support budget development process including forecasting and actual to budget comparison.
Communicate with external departments to support budget preparation.
Support development and forecasting of accruals for Finance and Accounting for various financial statement items.
Provide analysis and reporting for financial and regulatory requirements including but not limited to MCR, ROI, product performance, provider and vendor relationships, and audit support.
Perform actuarial analysis and modeling including but not limited to reserves, pricing, and forecasting.
Develop ad hoc reports as a supplement to routine management reports through query building and data extraction.
Assist in development of process improvements and automation within the department.
Manage complex projects.
Responsible for development, support, and improvement of departmental projects.
Perform peer review as needed.
Understand multiple sources of data; is able to identify and utilize most relevant source to complete task.
Ensure overall data integrity.
Draw together facts and input from a variety of sources; make recommendations to management.