Associate Actuary

About the role

This critical role plays a key part in advancing Value-Based Care (VBC) strategies that drive significant financial value across the enterprise. Gain broad exposure to vendor contracting, financial performance evaluation, and strategic decision-making while collaborating with stakeholders across all lines of business on diverse, high-impact initiatives.

Responsibilities

• Serve as the main point of contact for all actuarial related activities for an assigned contract
• Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
• Developing probability tables based on analysis of statistical data and other pertinent information
• Research and analyze the impact from legislative changes
• Analyze and evaluate required vendor and provider deals
• Analyze various data reports, identify trends and gaps and recommend action
• Determine the equitable basis for distributing with providers and vendors
• Create and update actuarial reports
• Participate in merger and acquisition analysis
• Support the development and maintenance of financial models for Value-Based Care (VBC) contracts (e.g., assisting with shared savings/risk and capitation analyses in Excel)
• Analyzing claims, vendor performance, and other healthcare datasets using tools such as SQL, SAS, or Python to help establish baselines, track performance, and identify trends
• Assisting with the preparation of financial analyses and materials used in discussions with external vendors and internal stakeholders
• Collaborating with cross-functional teams, including Medical Economics, Enterprise Partnerships, Network, and Clinical teams, to gather data, validate assumptions, and support ongoing initiatives
• Identifying data discrepancies, reporting issues, and analytical findings, and escalating concerns or recommendations to more senior team members as appropriate

Requirements

• Bachelor's degree in related field or equivalent experience
• 2+ years of actuarial experience
• Associate of the Society of Actuaries (ASA) or equivalent international certification
• Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future (sponsorship not available including H-1B, L-1, O-1, H-1B1, F-1, J-1, OPT, or CPT)

Preferred Skills

• Experience in healthcare
• Experience in Excel, SAS, SQL, Snowflake and/or Teradata
• Vendor/Provider Experience

What We Offer

• Actuarial development program with comprehensive exam support, mentorship, and continuous learning opportunities
• Collaborative and supportive team that values knowledge sharing, celebrates exam progress, and invests in helping actuaries grow and succeed

Pay

$87,700.00 - $157,800.00 per year

Benefits

• Competitive pay
• Health insurance
• 401K and stock purchase plans
• Tuition reimbursement
• Paid time off plus holidays
• Flexible approach to work with remote, hybrid, field or office work schedules

Schedule

Work remote from home anywhere in the Continental US