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Manager-Actuarial Processes

Independent Health Association
paid time off
United States, New York, Buffalo
511 Farber Lakes Drive (Show on map)
Jan 10, 2025
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

The Manager will be responsible for performing a full scope of actuarial and statistical analyses. Such analyses will support both internal and external customers. This position will require working collaboratively with upper management and other business units and will require strong analytical skills as well as the ability to demonstrate good judgment when making decisions without complete information. The Manager will assist in the development of process improvements.

Qualifications
  • Bachelor's degree required in Mathematics, Statistics, Actuarial Sciences or related field. Master's degree preferred. Completion of Society of Actuaries exam(s) preferred.
  • Five (5) years of Actuarial, Underwriting or Statistical Analysis required. Health care experience preferred. ASA or FSA designation preferred.
  • Two (2) years of progressive leadership/management responsibility required.
  • Support the development of complex projects.
  • Strong problem-solving skills.
  • Excellent oral and written communication skills.
  • 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.
  • A strong understanding of non-Actuarial related functions such as, Provider Contracting, Network Management, Product Development, Medical Management, etc., and how they impact operations and financials.
  • Advanced knowledge of Excel, Access and other analytic or query tools preferred.
  • Proven examples of displaying the IH values: Passionate, Caring, Respectful, Trustworthy, Collaborative and Accountable.
Essential Accountabilities
  • Hold meetings with business partners throughout the course of the analysis to understand the nature of the business and seek input on specific drivers of the analysis. Lead results discussions and maintain ongoing communications.
  • Work with Finance and Accounting to provide financial and actuarial reports on a timely basis, including accurate data for various financial statement items.
  • Oversee preparation of data and analyses for regulatory reporting and for audits.
  • Provide information to analysts preparing new product development analyses, including data for rate filings.
  • Responsible for the analysis of data to support various physician and vendor arrangements.
  • Support analysis and reporting pertaining to regulatory requirements such as MLR filings.
  • Lead the development of ad hoc reports as a supplement to routine management reports through query building and data extraction.
  • Implement process improvements and automation within the department.
  • Perform other functions as assigned by management.
  • Ensure overall data integrity.
  • Share knowledge with team members.
  • Assist in the development of actuarial analyses concerning complex issues and trends.
  • Draw together facts and input from a variety of sources; draw conclusions.
  • Represent the Actuarial Department on special projects involving other areas of the company or external constituents.
  • Interpret how regulatory changes affect health plan and develop impact analyses.
  • Complete reconciliations pertaining to vendor contracts as required.

Immigration or work visa sponsorship will not be provided for this position

Hiring Compensation Range: $130,000 - $160,000 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. Click here for additional EEO/AAP or Reasonable Accommodation information.

Current Associates must apply internally via the Job Hub app.

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