Director, Actuarial Services

We have an exciting opportunity for a Director to join our team within our Actuarial Services department. In this position you will be part of the global financial team, with particular emphasis on evaluating business opportunities and providing data-driven insights to various parts of the organization.

This position could be based in Austin (TX), St. Louis (MO), or Chicago (IL).

WHAT YOU’LL DO

• Partner with finance, analytics, and clinical leaders across the organization to understand and project financial and risk-based outcomes, including designing the approaches and mechanisms to track emerging trends
• Being the liaison helping to bridge communication and understanding between Commercial/Go-To-Market, Finance, and Clinical Operations teams
• Collaborate and communicate effectively with broader teams to influence new deals, contract negotiations, and translate business requests into data-driven solutions
• Lead and own generation of actuarially sound methodologies, reporting, and processes for Babylon’s value-based risk contracts
• Contribute to development of overarching actuarial strategy, automation initiatives, and support of technical requirements for various healthcare programs
• Independently perform actuarial analyses to solve business problems and apply judgment appropriately
• Use historical population level data to create predictive measures of performance outcomes (costs and utilization) and model various risk-based arrangements/mechanisms to assess the overall risk of value-based care deals
• Build and update multi-year pro formas, forecasts, and IBNR reserves for both new and live value-based risk contracts
• Communicate technical topics to non-technical audiences independently, including leading group discussions with primary working groups
• Help build the actuarial team and manage more junior staff 

WHAT WE’RE LOOKING FOR

• Deep knowledge of concepts and methodologies in healthcare, including extensive experience working with health insurance claims data sets
• Mastery of excel and other modelling software
• Experience building processes/systems from scratch
• Excellent communication skills with comfort presenting to executive audiences
• Able to work in highly matrixed environment that is heavily team based in getting results
• Experience supporting provider and value-based risk contracts, such as CMS/CMMI and ACO models with downside risk (e.g. Direct Contracting, MSSP, AIM)
• 10 years of actuarial experience; 5 years of experience with government-funded healthcare programs
• ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries), or equivalent international designation; MAAA (Member of American Academy of Actuaries), or equivalent international membership

WHAT WE OFFER

• Competitive salary
• New Hire Company Stock Grants (RSU)
• Refresh Company Stock Grants (RSU)
• Unlimited PTO
• Excellent Medical, dental and vision plans
• Access to flexible spending account and health savings account 
• Competitive retirement plan
• Flexible working hours/remote working options
• Weekly remote yoga sessions