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Independent Health Actuarial Analyst, Value-Based Reimbursement - Associate in Williamsville, New York


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.


Under the supervision of the Manager-Actuarial Services, the candidate 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.


  • Bachelor’s degree required in Mathematics, Statistics, Actuarial Sciences, or related field. Master’s degree preferred.

  • One (1) year of Actuarial or related experience preferred. (ex. internship)

  • Completion of at least one Society of Actuaries exam preferred.

  • General understanding of Actuarial concepts, functions, and processes.

  • Understanding of basic health care concepts and products, and general understanding of the health care environment.

  • Proficient PC skills in a Windows environment. Advanced knowledge of Excel, SAS, and other analytic or query tools preferred. Programming and coding experience preferred.

  • Proven ability to handle data sources, filter and assess data quality, and recognize data patterns required. Strong problem-solving skills required.

  • 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.

Essential Accountabilities

  • Support budget development process including forecasting and actual to budget comparison.

  • 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 including 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.

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, 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 their Career Worklet.

Independent Health, a not-for-profit health plan 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 of progressive products include HMO, POS and EPO products, Medicare and Medicaid plans, traditional indemnity insurance, individual and small group Exchange products, consumer-directed plans and health savings accounts, plus coverage for self-funded employers.

Independent Health has augmented its highly successful insured product portfolio with services employers and employees need to better manage their health care expenses through its affiliate companies, including the Independent Health Foundation, Pharmacy Benefit Dimensions, Reliance Rx and Nova Healthcare Administrators.

Our award-winning customer service, dedication to quality health care and unmatched relationships with physicians and providers has allowed us to be consistently recognized as one of the highest-ranked health insurance plans in the nation.

We do not accept resumes from headhunters, placement agencies, or other suppliers that have not signed a formal agreement with us.

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 the Manager, Talent Acquisition in Human Resources at: or (716) 635-4800