Director, Actuarial Services
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Honest Medical Group
Summary
Join Honest Health as the Director, Actuarial Services, where you will strategically lead a team in developing financial forecasts, budgets, and projections for provider organizations. You will collaborate cross-functionally to optimize processes, value clinical models, and drive insights through data analysis. This role requires strong analytical and leadership skills, along with experience in actuarial science and healthcare finance. Honest Health offers a competitive compensation package, including a generous base salary, performance-based bonuses, comprehensive benefits, and flexible work arrangements. The company is committed to professional development and provides a supportive and collaborative work environment.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field required
- Relevant actuarial certification (e.g., ASA, FSA) and a member in good standing with the American Academy of Actuaries required
- 8+ years of experience in actuarial roles, with increasing scope and responsibilities
- 2+ years of experience managing a team
- Relevant experience with Medicare Advantage bid preparation
- Strong analytical and modeling skills using Excel
- Strong data analysis skills using SQL and/or SAS
- Ability to work independently and in a relatively unstructured manner
- Demonstrate genuine curiosity on the job when performing data analysis
- Excellent communication skills, you must be bold enough to speak up and ask for assistance when needed
Responsibilities
- Work independently to analyze and interpret financial data to address business questions regarding financial projections from month-to-month
- Recruit, mentor, and lead a small to mid-sized team of high-performing of actuaries, fostering professional growth and a collaborative environment to ensure the delivery of accurate and insightful analysis. Lead the development of monthly financial forecasts and yearly budgets for all Provider Organization (PO) partners in at least one major Line-of-Business (ACO REACH, MSSP, Medicare Advantage)
- Assist the actuarial, clinical, finance and strategy teams with data analysis and modeling
- Collaborate cross-functionally with actuarial, clinical, finance, and strategy teams to identify key insights, support decision-making, and develop innovative data-driven solutions. Design actuarial processes to optimize organizational efficiency and to value clinical models
- Assist in designing and building tools to help in trend projections, forecasting, and value-based care modeling
- Succinctly communicate outcomes of various projects and analytics to teams across multiple verticals and members of the interdisciplinary team
- Create sophisticated presentations in PowerPoint using advanced skill sets to effectively communicate key outcomes and drive decision making
- Stay current with industry trends, regulatory changes, and emerging practices in actuarial science and healthcare finance, applying insights to enhance the organization’s competitive advantage
- Perform other related responsibilities as assigned
Preferred Qualifications
Master’s degree in related field
Benefits
- Competitive Compensation
- Attractive base salary with performance-based bonuses and rewards
- 401(k) plan with a generous company match, fully vested from day one
- Comprehensive Health and Wellness Benefits
- Flexible health, dental, and vision insurance options tailored to your needs
- Company contribution towards health savings accounts (HSA) for high-deductible health plan (HDHP) participants
- 100% company-paid short-term disability, long-term disability, and life insurance
- Wellness programs and resources to support your physical and mental health
- Generous paid time off, including vacation, sick leave, and 11 paid holidays annually
- Two paid volunteer days to support causes you're passionate about
- Flexible work arrangements to accommodate your lifestyle
- Robust onboarding program and ongoing training opportunities
- Reimbursement for role-related continuing education and certifications
- Paid parental leave for new parents
- Dependent care flexible spending accounts
- Support for work-life integration
- Work alongside professionals who share your commitment to Honest's high-quality, value-based care model
- Opportunities to contribute to meaningful projects and initiatives
- Team member recognition programs
- Team-building events and social activities