Actuarial Analyst/Underwriter-Associate

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 This position is a dual role position, supporting both the Actuarial Services and Underwriting departments. When supporting Actuarial Services, the candidate will perform functions under the direct supervision of the Director of Actuarial Services & Underwriting. The individual will provide a full scope of actuarial and statistical analyses, on a project specific basis. When supporting Underwriting, the individual will perform functions under the direct supervision of the Manager of Underwriting. The individual will provide a full scope of underwriting risk analyses, for both renewal and new large group business. The position requires working collaboration with other team members, other business units, Finance and Sales. This role requires strong analytical skills. The individual will assist in the development and implementation of process improvements. Qualifications Bachelor's degree required in Mathematics, Statistics, Actuarial Sciences, or related field. Completion of Fundamentals of Health Insurance (part A) desired. Experience in Underwriting or a related business field preferred. Completion of at least one Society of Actuaries exam preferred. Prior business experience is preferred. 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. Proficient PC skills in a Windows environment. 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 Prepare data and analyze for regulatory reporting and for audits. Assist in the preparation of fully insured renewal group benefit packages, including analysis of cost drivers. Assist in the risk evaluation and rate development for new business. Ensure overall data integrity and timeliness of delivery of quotes and renewals. Maintain organized files on assigned book of business. Work with Finance to provide reports for various financial statement items. Maintain effective and informative communication with internal and external (brokers, employer groups, etc.) customers. Supports analysis of regulatory changes and the impact on product profitability. Assist in the preparation of ad hoc financial and analytical reports. Monitor timeliness and accuracy of responsibilities under assigned book of business. Develop actual versus budgeted trend reports. Develop membership and maintain monthly membership reports. Support analysis of regulatory changes and the impact on product profitability. Monitor product performance and focus on what is driving cost and utilization. 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. Ensure overall data integrity. Participate in team training and development. Participate in projects and cross functional teams. Perform other functions as assigned by management. Immigration or work visa sponsorship will not be provided for this position Hiring Compensation Range: $65,000 - $80,000 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. The Independent Health Family of Companies, headquartered in Buffalo, NY, serves nearly 400,000 members and provides innovative health care products and benefits designed to engage consumers in their health and well-being. Established in 1980, our comprehensive portfolio includes Pharmacy Benefit Dimensions, Reliance Rx, Nova Healthcare Administrators, Care for You and the Independent Health Foundation. Our culture sets us apart. Our core values drive who we are and the work we do. As a member of our family, you're part of something special, in your work and in the community. We understand and appreciate that everyone has unique experiences, perspectives and identities which is why we pledge to create a safe space where all people and ideas are welcomed. We are here to continue learning and to generate important dialog. We are committed to doing what matters most - reaching out, working together, and caring for our community. A healthy community benefits everyone who lives in it. You too can be part of making difference in the lives of others, together we achieve so much more. Please click here to view our Community Reports. Apply today and join us on the journey to a happier, healthier, and more inclusive community. We are committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. An applicant for employment in need of an accommodation to participate in the application and recruitment process should contact Human Resources at: ... or Human Resources, 511 Farber Lakes Drive, Williamsville, NY 14221. Please note, we do not accept unsolicited resumes. We do not accept resumes from headhunters, placement agencies, or other suppliers that have not signed a formal agreement with us.