Sidecar Health

Director of Actuarial Pricing

Remote

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Health Insurance, Health Tech, Actuarial ServicesIndustries

Requirements

Candidates must possess a Bachelor's Degree and at least 8 years of actuarial experience, preferably in health insurance or healthtech, including people leadership. A minimum of ASA designation is required, with FSA/MAAA preferred. Strong proficiency in advanced Excel and SQL is necessary, along with familiarity with actuarial tools. The ideal candidate will be a crisp communicator adept at translating complex mathematical concepts into executive-level insights and decisions, demonstrating a bias for action and a strong controls mindset.

Responsibilities

The Director of Actuarial Pricing will lead the company's actuarial pricing, reserving, and forecasting functions, managing a team of senior actuarial analysts. This role involves owning pricing and reserving across all products, setting assumptions, methods, and guardrails, and conducting experience studies and trend analyses. Responsibilities include leading forecasting and capital views in partnership with Finance, managing and developing the actuarial team, and building and scaling models and tools with robust version control, documentation, and testing. The role also requires contributing to regulatory filings, actuarial memoranda, and audit support, evaluating product changes and pricing actions through scenario planning, and partnering with Data/Engineering to enhance data quality and automation. Additionally, the Director will raise the operating cadence through shorter reporting cycles and clear variance attribution.

Skills

Actuarial Pricing
Reserving
Forecasting
SQL
Python
R
Excel
Modeling
Data Analysis
Trend Analysis
Rate Filings
Regulatory Compliance
Scenario Planning
Sensitivity Testing
Leadership
Team Management
Coaching
Prioritization
Version Control
Documentation
Testing

Sidecar Health

Affordable health insurance with price transparency

About Sidecar Health

Sidecar Health provides health insurance plans that focus on affordability and transparency, including options compliant with the Affordable Care Act (ACA). The company allows members to see average cash prices for medical services upfront, helping them make informed decisions and avoid unexpected costs. Revenue is generated through member premiums, which cover medical expenses, while also benefiting from the difference between negotiated cash prices and premiums. Sidecar Health's goal is to empower members to take control of their healthcare expenses with straightforward and cost-effective insurance options.

El Segundo, CaliforniaHeadquarters
2018Year Founded
$319.1MTotal Funding
SERIES_DCompany Stage
Financial Services, HealthcareIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Paid Vacation
Paid Holidays
Stock Options
Company Equity

Risks

Increased competition from similar insurtech companies may erode market share.
Regulatory scrutiny on cash pay models could pose compliance challenges.
Economic downturns might reduce consumer spending on health insurance premiums.

Differentiation

Sidecar Health offers transparent pricing, empowering members with upfront healthcare cost information.
The company provides customizable plans, aligning with individual coverage needs and budgets.
Partnerships with institutions like Ohio State University enhance their fixed-price care model.

Upsides

Recent $165M Series D funding supports expansion and innovation in health insurance.
Partnership with Mark Cuban Cost Plus Drug Company lowers prescription drug costs for members.
ACA-compliant product line expansion increases market reach and consumer options.

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