Job Description:
About the Role:
As the Director for Cityblock’s Growth Actuary team, you will lead the risk management, pricing, and technical analysis supporting our efforts to rapidly expand with different partners to serve distinctly different populations across multiple geographies. You will also be responsible for continuing to refine and standardize our contracting approaches across partners.
Bringing your experience to Cityblock, you will lead the expansion and refinement of our modeling and underwriting processes for new growth opportunities. In your role, you will work closely with peers and leaders from across the business, including Growth, Finance, Analytics, and New Markets & Implementations.
You will help develop relationships with your counterparts in our health plan partners and potential partners and work closely with them to identify populations most appropriate for the Cityblock model, and to set and price targets by which we will measure the financial performance of our care model.
You will work with Cityblock’s Growth team to evaluate alternate contract designs, and identify different approaches to share in partner risk and the value created for our partners.
You will work closely with market leadership to provide insights on market-specific opportunities and risks, and with Finance and our Valuation Actuary team to establish expectations for contract performance and support budgeting.
You will work with our clinical and analytics teams to bring best practices for understanding our existing members to our growth initiatives.
If you are inspired by a role where you have scope to drive impact, if you enjoy partnering with others to see the practical implementation of your work, and if you find fulfillment in helping to lead Cityblock’s mission to radically improve the health of marginalized communities at scale, we would love for you to consider joining our team.
Responsibilities:
Actuarial Leadership
Lead Cityblock’s Growth Actuary team, including people management of direct reports
Active upward management of expectations and progress. Able to run multiple projects simultaneously with high-level support.
Own results by holding self and others accountable for high-quality, timely, and effective results.
Foster a culture of collaboration, innovation, and excellence.
Provide guidance on professional development and skill enhancement.
Manage all aspects of actuarial functions pertaining to business development, including underwriting, pricing, financial modeling, and supporting contract negotiations
Collaboration with Stakeholders:
Collaborate with cross-functional teams to ensure actuarial strategies align with organizational objectives.
Consistently work with senior leadership by providing balanced actuarial insights and support strategic decision-making.
Act as a subject matter expert on actuarial matters in cross-functional meetings.
Financial Modeling & Forecasting:
Develop and maintain complex financial models to support strategic decision-making, pricing, and risk assessment.
Conduct scenario analysis to assess the financial impact of various initiatives and market trends.
Develop financial forecasts, working closely with finance and other relevant departments.
Provide accurate and timely financial information for organizational planning.
Risk Management:
Assess and manage financial risks related to insurance products, payment models, and other financial instruments.
Implement risk mitigation strategies to enhance the organization's financial resilience.
Regulatory Compliance:
Stay informed about healthcare regulations and actuarial standards.
Ensure actuarial practices and financial models comply with regulatory requirements.
Requirements:
Bachelor's degree in Actuarial Science, Mathematics, Data Analytics/Science, or other relevant subject matter
8+ years of actuarial industry experience, including direct prior experience with healthcare claims data, partner/provider analytics, payer-provider contracting, and/or value-based care. Medicare Advantage bid pricing experience preferred
Fellow or Associate of the Society of Actuaries (FSA or ASA) designation is required.
Membership in the American Academy of Actuaries is desirable
We take into account an individual’s qualifications, skillset, and experience in determining final salary. This role is eligible for health insurance, life insurance, retirement benefits, participation in the company’s equity program, paid time off, including vacation and sick leave. The actual offer will be at the company’s sole discretion and determined by relevant business considerations, including the final candidate’s qualifications, years of experience, skillset, and geographic location. The expected salary range for this position is:
Cityblock values diversity as a core tenet of the work we do and the populations we serve. We are an equal opportunity employer, indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
We do not accept unsolicited resumes from outside recruiters/placement agencies. Cityblock will not pay fees associated with resumes presented through unsolicited means.