Lead Valuation Actuary

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Join the frontlines of today's healthcare transformation 

We're looking for an experience Valuation Actuary to help us transform the way primary care providers and insurance companies’ contract.  

Why VillageMD? 

VillageMD is changing the trajectory of healthcare. We’re empowering primary care physicians to make informed decisions, and engaging patients in meaningful ways. We work with thousands of clinicians and healthcare disruptors across the country, improving patient health while driving down the cost to deliver it. 

We are a mission-oriented organization, and we are thrilled about the work that we accomplish every day. We’re transparent. Collaborative. Relentless in pursuit of our mission. With a confidence to lead but the humility to never stop learning. We believe that diverse backgrounds and experiences create the best opportunity for innovation. And we know that the community we are growing is greater than any one individual. 

We’ve built our technology using the best of cloud and open-source technologies to create an open, data-first platform that is enriched with analytical models and connected to the most modern internal and external apps. These apps drive clinical decision support, patient engagement and other facilitators of innovative, information-enriched health experiences. 

Could this be you? 

See for yourself how as the Lead Valuation Actuary you will help reshape successful healthcare with VillageMD: 

The Lead Valuation Actuary will develop and lead the process to set reserves for VillageMD for services where we are delegated and receiving capitation.  This is a new role and a new space for VillageMD this leader will have the opportunity to build a new function that will be vital to the growth and success of VillageMD.  This role will also provide support in evaluation of VillageMD performance under non-delegated Value Based Care contracts.

How you can make a difference 

During your first year, you can expect the following professional challenges:  

  • Define and develop the reserve process for VillageMD
  • Experience rapid growth as VillageMD takes on more delegation through new contracts and expansion of markets.
  • Get up to speed on our data model and make recommendations for changes to improve the accuracy and efficiency of the reserve process.
  • Solve the problems with hands on ability to execute, not just lead
  • Work with our market and finance leaders to understand the importance of the reserve process and identify opportunities for improvement in market performance.
  • Collaborate with technology, analytics and operational leaders to define project  completion milestones and have the team track against those goals

Skills for success 

As a successful VillageMD Lead Valuation Actuary you possess: 

  • An FSA or ASA and are a MAAA qualified to sign the NAIC Statement of Actuarial Opinion.
  • Strong Actuarial skills with a demonstrated ability to lead a valuation process.
  • Ability to communicate effectively to all levels of the organization.
  • Think clearly, communicate concisely, and collaborate always.  
  • Thrive in a fast-paced environment, find peace in chaos, and absorb information quickly to create a plan.  
  • An ability to gain trust by doing what you say you will do  
  • The ability to lead teams that do not all have a direct reporting relationship.

Experience to drive change 

  • 7+ years of full-time experience in actuarial roles.  
  • 5+ years of experience directly in healthcare reserve setting.
  • Preferred experience as an appointed actuary for an insurance company.
  • Experience managing and leading an actuarial/analytics team 
  • Track record of successfully executing working with both technical and non-technical leaders.

How you will thrive 

In addition to competitive salaries, a 401k program with company match, bonus and a valuable health benefits package, VillageMD offers paid parental leave, pre-tax savings on commuter expenses, and generous paid time off. You work in a highly-collaborative, conscientious, forward-thinking environment that welcomes your experience and enables you to make a significant impact from Day 1. This fun, fast-paced, startup environment even comes complete with snacks. 

You also have the flexibility to contribute remotely. Most importantly, you make a difference. You see a clear connection between your daily work at VillageMD and the advancement of innovative solutions and improved quality of healthcare for providers and patients.  

Our unique VillageMD culture – how inclusion and diversity make the difference 

At VillageMD, we see diversity and inclusion as a source of strength in transforming healthcare. We believe building trust and innovation are best achieved through diverse perspectives. To us, acceptance and respect are rooted in an understanding that people do not experience things in the same way, including our healthcare system. Individuals seeking employment at VillageMD are considered without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.  

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Location

We are in the heart of downtown Chicago - accessible to all trains and plenty of food/drink options nearby!

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