The Chief Actuary at Aledade is a key leadership position responsible for leading the actuarial function at Aledade. There are three primary functions, and two secondary activities. The primary functions are: (1). Forecasting. Looking across all of Aledade’s business, predict revenue and costs at various timescales, and build statistical models to determine how variable this forecast is. (2). Reserving. Working closely with our Strategic Payer Partnership and Finance teams, develop a strategy for Aledade to satisfy financial reserve / letters of credit requirements from health plans and lead actuarial negotiations. (3). Contracting. Develop the actuarial machinery to evaluate the financial terms of contracts with health plans, including assessing the financial risk and the impact that this contract will have on our reserving requirements.
There are two secondary functions: (a). Benchmarking / market intelligence. Understand actuarial trends of Aledade peer companies, health plans, and other relevant market participants. Translate those trends into (i) assumptions that feed the short and long-run forecasts and that inform resource planning and (ii) implications to inform Aledade’s operations. (b). Medical Economics Unit. Build the capacity to understand the key drivers of costs in Aledade’s “at risk” population and formally track efforts at Aledade to impact those trends, which impacts forecasting.
As a senior leader at Aledade, the Chief Actuary will actively promote a culture that aligns with Aledade and team values, and will coach and mentor other team members - both within Analytics and the broader company.
We are flexible with respect to geographic location, and the ideal candidate will be comfortable working remotely in the United States with considerable amounts of travel.
Who We Are:
Aledade, a public benefit corporation, exists to empower the most transformational part of our health care landscape - independent primary care. We were founded in 2014, and since then, we've become the largest network of independent primary care in the country - helping practices, health centers and clinics deliver better care to their patients and thrive in value-based care. Additionally, by creating value-based contracts across a wide variety of payers, we aim to flip the script on the traditional fee-for-service model. Our work strengthens continuity of care, aligns incentives, and ensures primary care physicians are paid for what they do best - keeping patients healthy. If you want to help create a health care system that is good for patients, good for practices and good for society - and if you're eager to join a collaborative, inclusive and remote-first culture - you've come to the right place.
What Does This Mean for You?
At Aledade, you will be part of a creative culture that is driven by a passion for tackling complex issues with respect, open-mindedness and a desire to learn. You will collaborate with team members who bring a wide range of experiences, interests, backgrounds, beliefs and achievements to their work - and who are all united by a shared passion for public health and a commitment to the Aledade mission.
In addition to time off to support work-life balance and enjoyment, we offer the following comprehensive benefits package designed for the overall well-being of our team members:
Flexible work schedules and the ability to work remotely are available for many roles
Health, dental and vision insurance paid up to 80% for employees, dependents, and domestic partners Robust time off plan 21 days of PTO in your first year 2 Paid Volunteer Days & 11 paid holidays
12 weeks paid Parental Leave for all new parents
6 weeks paid sabbatical after 6 years of service
Educational Assistant Program & Clinical Employee Reimbursement Program
401(K) with up to 4% match
Stock options
And much more!
At Aledade, we don’t just accept differences, we celebrate them! We strive to attract, develop, and retain highly qualified individuals representing the diverse communities where we live and work. Aledade is committed to creating a diverse environment and is proud to be an equal opportunity employer. Employment policies and decisions at Aledade are based on merit, qualifications, performance, and business needs. All qualified candidates will receive consideration for employment without regard to age, race, color, national origin, gender (including pregnancy, childbirth or medical conditions related to pregnancy or childbirth), gender identity or expression, religion, physical or mental disability, medical condition, legally protected genetic information, marital status, veteran status, or sexual orientation.