Actuarial Consultant

Position Overview

• Location Type: Remote
• Employment Type: Full-time
• Salary: Not specified

Arcadia is dedicated to happier, healthier days for all. We transform diverse data into a unified fabric for health. Our platform delivers actionable insights for our customers to advance care and research, drive strategic growth, and achieve financial success. For more information, visit arcadia.io.

Why This Role Is Important to Arcadia: This role plays a key part in growing Arcadia’s actuarial business by deepening our understanding of actuarial challenges and supporting our partners. As we expand our actuarial capabilities, we aim to meet the increasing demand from current and prospective partners through innovative analytics and insights. We believe our core technology is second to none when it comes to actuarial focused analytics.

What Success Looks Like

In 3 months:

• Engage directly with key stakeholders, a majority will be Internal with some External to better understand actuarial and financial needs from our product offering.
• Develop an understanding of Arcadia’s core actuarially competitive product offerings.
• Gain familiarity with Arcadia’s data model, data ingestion process, and GA offerings.
• Learn how to utilize our APM Benchmarking Tools for CMS programs.
• Learn the Analytics team’s reporting tools and DataMart (SQL database, Redshift, Quick Sight BI product)

In 6 months:

• Support Contract IQ Client actuarial needs, assigned up to two new clients.
• Support Contract IQ product development for Commercial and Medicaid risk types.
• Run ad-hoc actuarial analytics for customers with actuarial service hours.
• Manage IBNR and Forecasting embedded within customer Contract IQ offering

In 12 months:

• Assume an ownership and accountable role in signing off on risk adjustment, benchmarking, and APM readiness.
• Enhance our Medical Economics product offering across all customer types.
• Support thought leaders in analyzing topics coming out of our Health Care Institute

What You'll Be Doing

• Product development support; including IBNR builds, forecasting, data screening/underwriting
• Lead RFP responses and analyses, as they pertain to actuarial and financial needs
• Enabling customer success in program evaluation, Contract IQ implementation, and actuarial specific needs
• Collaborate with cross functional teams to develop deeper partnerships and new growth opportunities within the actuarial framework

Requirements

• Education: Bachelor’s Degree in related Actuarial Science, Data Science, Economics, Finance, or related field
• Experience: Minimum of six years of healthcare actuarial experience, with a focus on value based contracting and analytics (Medicare Advantage, MSSP, REACH, Commercial)
• ASA Designation: Within 2 exams of Associate of the Society of Actuaries (ASA) designation
• Qualities/Skills:
  • Strong accountability
  • Intellectual curiosity
  • Customer satisfaction mindset
  • Experience underwriting and evaluating key financial parameters within value-based contracts for health plan or provider system
  • Experience w