Actuarial Analyst

Position Overview

At Devoted Health, we’re on a mission to dramatically improve the health and well-being of older Americans by caring for every person like family. We are a fast-growing, all-in-one healthcare company combining compassion, health insurance, clinical care, service, and technology to deliver a complete and integrated healthcare solution. Founded in 2017, we now serve members across the United States and are looking for dedicated individuals to join our mission.

The Actuarial Analyst will play a key role in supporting regulatory and financial operations through model development, preparation of required filings, and performance reconciliation. This position is responsible for producing accurate and timely regulatory reports and projections, building and maintaining cash flow and capital models, and reconciling financial and actuarial results. The ideal candidate will possess strong analytical skills, attention to detail, and a collaborative approach to working with cross-functional teams including Finance, Compliance, and Actuarial leadership. This is an excellent opportunity for an actuarial professional seeking to deepen their experience in regulatory, financial, and capital modeling in a dynamic health care environment.

Employment Type

• Full-time

Requirements

• Ability to work in a startup, fast-paced environment.
• Must be analytical, hands-on, and able to contribute from day one.
• Progress toward Associate of the Society of Actuaries designation (e.g., 2+ actuarial exams passed).
• 3-5 years of relevant actuarial experience in a health plan or insurance regulatory setting.
• Familiarity with statutory accounting principles, regulatory reporting requirements, and risk-based capital.
• Demonstrated ability to analyze large datasets and summarize findings clearly and concisely.
• Technical skills including Excel, SQL, and other actuarial tools.
• Broad understanding of managed care business and financial principles such as risk adjustment, underwriting, medical management, physician reimbursement, and risk management.
• Maintain high ethical standards at all times, including maintaining the confidentiality of financial and other sensitive information consistent with moral, professional, and regulatory requirements.

Responsibilities

• Support the preparation and submission of state and federal regulatory reports, including financial pro forma projections, financial exhibits, and utilization and cost reporting.
• Support the maintenance of cash flow and capital models to support enterprise financial planning and regulatory requirements.
• Perform regulatory financial projections, including those related to solvency assessments, capital adequacy planning, and ongoing regulatory projection issuance.
• Reconcile actual financial and enrollment data to modeled results; investigate and explain variances.
• Assist in the development of reporting tools and automation processes to improve accuracy and efficiency in deliverables.
• Collaborate with Finance, Compliance, and Actuarial leadership to ensure reporting aligns with applicable guidance and internal controls.
• Participate in audits and respond to regulatory inquiries related to actuarial and financial assumptions and results.

Desired Skills and Experience

• Actuarial functional expertise with an understanding of the key financial drivers of Medicare Advantage health plan operations.
• Ability to work independently and propose solutions to emerging business needs.
• Strategic ability to understand the business at large and connect points across mathematical and financial relationships across the organization.
• Ability to operate in an ambiguous start-up environment.

Company Information

At Devoted Health, we’re on a mission to dramatically improve the health and well-being of older Americans by caring for every person like family. We are gathering smart, diverse, and big-hearted people to create a new kind of all-in-one healthcare company — one that combines compassion, health insurance, clinical care, service, and technology to deliver a complete and integrated healthcare solution that delivers high quality care that everyone would want for someone they love. Founded in 2017, we've grown fast and now serve members across the United States. And we've just started. So join us on this mission!

Note: Salary and Location Type information were not provided in the original description.