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Independent Health · 13 hours ago

Actuarial Analyst Senior-PT

Buffalo, NY (14221)

Full-time

Hybrid

Senior Level

$45/hr - $56/hr

5+ years exp

Independent Health is focused on fostering growth, innovation, and collaboration within their organization. The Senior Actuarial Analyst will provide comprehensive actuarial and statistical analyses to support both internal and external customers, requiring strong analytical skills and collaboration with various business units.

Health CareInsuranceNon Profit

No H1B

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

Qualification

Actuarial SciencesStatistical AnalysisExcelSASData Quality AssessmentProject ManagementCommunication SkillsInterpersonal SkillsProblem-Solving SkillsSelf-MotivationOrganizational Skills

Required

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

Preferred

Master's degree preferred

Completion of at least one Society of Actuaries exam preferred

Benefits

Full range of benefits

Generous paid time off

Company

Independent Health

As one of Western New York's first HMOs, Independent Health covers approximately 355,000 people here and across the country with more than 100 plans, services and products.

Founded in 1980

Williamsville, Virginia, USA

1001-5000 employees