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Independent Health

Independent Health

Actuarial Analyst/Underwriter - Associate

Actuarial Analyst/Underwriter - Associate

Job Details
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Uploaded On
July 10, 2025
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Location
United States
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Remote?
No
Salary
$
65
k-$
80
k
Company Overview
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Headquarters
Buffalo, NY
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Number of Employees
1100
Estimated Number of Actuaries
34
Glassdoor Ratings
""
Recommend to a Friend
65%
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Overall Score
3.5 / 5

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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.
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Working at 

Independent Health

Independent Health, a not-for-profit insurer, offers innovative health benefits and wellness programs. Their mission centers on providing quality care and coverage to enhance the health and wellness of the communities they serve, offering personalized, member-oriented service.

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