Actuarial Analyst-Senior

Independent Health Association•Buffalo, NY

3d•$95,000 - $115,000

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 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.

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.
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.

Nice To Haves

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

Responsibilities

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.
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.