Actuarial Analyst Senior-PT

Independent Health Association•Buffalo, NY

13d•$45 - $56

About The Position

The Actuarial Analyst-Senior-PT will provide a full scope of actuarial and statistical analyses. Such projects will support both internal and external customers. The position will require strong analytical skills and working collaboration with other team members and business units throughout the organization.

Requirements

Bachelor’s degree required in Mathematics, Statistics, Actuarial Sciences, or related field.
Five (5) years of Actuarial or related experience required.
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.
Advanced knowledge of Excel, SAS and other analytic or query tools required.
Programming and coding experience required.
Ability to handle data sources, filter and assess data quality, and recognize data patterns required.
Strong problem-solving skills are required.
Must be able to develop information derived from multiple and varied inputs and communicate and interpret that information.
Project management skills.
Minimal supervision required on projects.
Ability to develop and support complex projects.
Excellent oral and written communication skills.
Strong interpersonal skills.
Self-motivation and initiative, as well as an ability to perform under pressure.
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 the budget development process to include forecasting and actual to budget comparison.
Communicate with external departments to support budget preparation.
Assess and validate budgetary assumptions.
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 to include 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.
Propose and assist in development of process improvements and automation within the department.
Manage complex projects with complete and thorough understanding of entire process.
Responsible for development, support, and improvement of departmental projects with minimal supervision.
Perform peer review as needed.
Provide mentoring and critical analysis to other team members.
Represent the Actuarial Department to other areas of the company or external constituents.
Develop and enact effective communication including senior level management.
Understand multiple sources of data; able to identify and utilize most relevant source to complete tasks.
Ensure overall data integrity.
Draw together facts and input from a variety of sources; make recommendations to management.
Provide support to assist management in meeting corporate goals and strategic decision making.