Manager, Actuary at VillageMD

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Manager, Actuarial Analyst – Valuation

Any VillageMD office, Remote

Join the frontlines of today's healthcare transformation 

We're looking for an experienced Actuary to help us transform the way primary care providers and insurance companies’ contract.  

Why VillageMD? 

VillageMD is changing the trajectory of healthcare. We’re empowering primary care physicians to make informed decisions, and engaging patients in meaningful ways. We work with thousands of clinicians and healthcare disruptors across the country, improving patient health while driving down the cost to deliver it. 

We are a mission-oriented organization, and we are thrilled about the work that we accomplish every day. We’re transparent. Collaborative. Relentless in pursuit of our mission. With a confidence to lead but the humility to never stop learning. We believe that diverse backgrounds and experiences create the best opportunity for innovation. And we know that the community we are growing is greater than any one individual. 

We’ve built our technology using the best of cloud and open-source technologies to create an open, data-first platform that is enriched with analytical models and connected to the most modern internal and external apps. These apps drive clinical decision support, patient engagement and other facilitators of innovative, information-enriched health experiences. 

Could this be you? 

See for yourself how as an Actuary you will help reshape successful healthcare with VillageMD: 

The Actuary will set reserves for VillageMD for services where we are delegated as well as for non-delegated contracts with payers and government programs. They will in partnership with Actuarial Leadership, Finance and Markets support evaluation of VillageMD’s performance under Value Based Care contracts.  This role will also continuously make recommendations and implement actions to improve the efficiency and accuracy of VillageMD’s reserving processes.  Through collaboration with Actuarial Leadership, Technology and Analytics, the Actuary will strengthen existing, and / or put into operation new controls, to ensure a continued superior level of trust and integrity to the reserving process.

How you can make a difference 

During your first year, you can expect the following professional challenges:  

  • Develop/Execute actuarial projection valuation processes and models
  • Experience rapid growth as VillageMD takes on more delegation through new contracts and expansion of markets
  • Get up to speed on our valuation and data model and make recommendations for changes to improve the accuracy and efficiency of the reserve process
  • Solve the problems with hands on ability to execute, not just lead
  • Work with our market and finance leaders to understand the importance of the actuarial valuation, modeling and projection teams and identify opportunities for collaboration in improvement of market performance
  • Collaborate with technology, analytics and operational leaders to define project completion milestones and have the team track against those goals

Skills for success 

As a successful VillageMD Actuary you possess: 

  • An FSA or ASA and are a MAAA
  • Ability to meet requirements to sign an Actuarial Statement of Opinion on reserve levels 
  • Strong Actuarial skills with a demonstrated ability to in pricing, valuation and / or projection teams
  • Demonstrated ability to develop Medical claims projections
  • Understanding of Medicare Advantage and Medicare ACO
  • Ability to communicate effectively to all levels of the organization
  • Think clearly, communicate concisely, and collaborate always
  • Thrive in a fast-paced environment, find peace in chaos, and absorb information quickly to create a plan. 
  • An ability to gain trust by doing what you say you will do  
  • The ability to collaborate with teams that do not all have a direct reporting relationship

Experience to drive change 

  • 5+ years of full-time experience in actuarial roles
  • 3+ years of experience directly in healthcare
  • Required experience as a valuation actuary
  • Preferred experience with Medicare Advantage
  • Track record of successfully executing working with both technical and non-technical leaders

How you will thrive 

In addition to competitive salaries, a 401k program with company match, bonus and a valuable health benefits package, VillageMD offers paid parental leave, pre-tax savings on commuter expenses, and generous paid time off. You work in a highly-collaborative, conscientious, forward-thinking environment that welcomes your experience and enables you to make a significant impact from Day 1. This fun, fast-paced, startup environment even comes complete with snacks. 

You also have the flexibility to contribute remotely. Most importantly, you make a difference. You see a clear connection between your daily work at VillageMD and the advancement of innovative solutions and improved quality of healthcare for providers and patients.  

Our unique VillageMD culture – how inclusion and diversity make the difference 

At VillageMD, we see diversity and inclusion as a source of strength in transforming healthcare. We believe building trust and innovation are best achieved through diverse perspectives. To us, acceptance and respect are rooted in an understanding that people do not experience things in the same way, including our healthcare system. Individuals seeking employment at VillageMD are considered without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.  

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Technology we use

  • Engineering
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • SwiftLanguages
    • ReactLibraries
    • FlaskFrameworks
    • Node.jsFrameworks
    • Microsoft SQL ServerDatabases
    • Neo4jDatabases
    • PostgreSQLDatabases
    • RedisDatabases
    • TeradataDatabases

An Insider's view of VillageMD

What's the biggest problem your team is solving?

Aggregating disparate sets into one consumable interface is difficult. We constantly think about how to solve it faster and better while keeping it flexible and scalable.

Mario

Principal Software Engineer

What makes someone successful on your team?

It’s an individual’s willingness to get into the details, fully understand the current path to delivery, and think critically about the problems that face providers today that will make them successful at VillageMD.

Dave

Director, Product Development

What’s the vibe like in the office?

The office vibe is centered on holding our work to high standards while maintaining an environment focused on fun and collaboration. My coworkers and I will often be working on completely unrelated projects, but when we hit a roadblock we step back and ask each other for feedback and help. That’s usually when we find the best solutions.

Emily

Healthcare Informatics Analyst

What are VillageMD Perks + Benefits

VillageMD Benefits Overview

We offer competitive bonus, great benefits, generous PTO, strong parental leave policy, and 401k with a match. We are conveniently located near Metra and L trains, and offer commuter benefits. We offer schedule flexibility and work from home options. And, last but certainly not least: loads of snacks and fresh ground whole bean coffee!

Culture
Volunteer in local community
Partners with Nonprofits
Eat lunch together
Intracompany committees
Daily sync
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Happy Hours
Recreational Clubs
Relocation Assistance
Professional Development Benefits
Job Training & Conferences
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Customized development tracks

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