As the largest and leading value-based kidney care company, Somatus is empowering patients across the country living with chronic kidney disease to experience more days out of the hospital and healthier at home. We foster an inclusive work environment that promotes collaboration and innovation at every level. Our values bring our mission to life and serve as the DNA for every decision we make: Authenticity: We believe in real dialogue. Collaboration: We appreciate what every person at Somatus brings to the table. Empowerment: We make sure every voice gets heard and all ideas are considered. Innovation: We relentlessly look for ways to improve upon the status quo. Tenacity: We see challenges as opportunities for growth and improvement.
Senior Actuarial Analyst
Location
United States
Posted
30 days ago
Salary
0
Seniority
Senior
No structured requirement data.
Job Description
Senior Actuarial Analyst
Somatus, Inc.
Role Description The Sr. Analyst, Actuary role will require the ability to evaluate complex risks and assess the potential financial consequences of those risks in the healthcare space. Utilize mathematics, statistics, and financial theory to assess the risk that may occur and help the business and clients develop business plans that minimize the cost of that risk. Advise the business on contract pricing in a value-based, risk-bearing environment. Contribute to and/or lead a wide variety of complex projects involving the contracting, reserving, pricing, and financial modeling of a full array of value-based care programs for providers and payors. How You'll Make an Impact: Essential Functions: - Analyze statistical data around medical trends - Complex modelling of statistics to determine potential risks - Assist with pricing risk contracts with payors and providers - Prepare presentations and detailed reports and present to clients - Lead development and/or maintain multiple internal statistical models to support key business goals / initiatives; pricing models, financial projections, contract modeling, and ad hoc support projects Skills Required: - Strong quantitative and financial modeling capabilities and problem-solving ability - Ability to work both independently and lead small teams, while enjoying a fast-paced collaborative environment - Strong analytical skills including ability to draw conclusions, develop processes, and identify trends from data in a logical, systematic way - Create client reporting for actuarial topics like the financial outcomes of various contracts, including shared risk and contingency based contracts - Lead development of advanced analytical models that help demonstrate our program value (cost savings, quality outcomes, and member satisfaction) to our clients - Strong written and verbal communication skills - Expert proficiency with Microsoft Suite to include SQL, Excel, Word, Power Point and Outlook Required Education and Experience: - Bachelor's degree in actuarial science, mathematics, economics or a related field is required - Minimum of four (4) years of decision support, financial analysis or actuarial experience is required - Ability to work cross-functionally with a variety of teams including operations, product, and technology - Strong database (SQL) experience is required Preferred Education and Experience: - 4-7 years of experience - Associate in the Society of Actuaries (ASA) Preferred - Ability to handle ambiguity and desire to work in a fast-paced start-up environment Our Commitment to Diversity: Somatus, Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics. Discrimination of any type will not be tolerated.
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