Are you a detailed oriented, self-starter with a passion for numbers? Are you looking for a role where you can use your detailed knowledge of concepts and methodologies in healthcare? Are you interested in contributing to a healthcare platform that puts accessible and affordable healthcare in the hands of every person on earth?
We have an exciting opportunity for an
Associate Director of Actuarial Services (Medicaid) to join our team in a newly created role within our newly formed Actuarial Services department. In this position you will be part of the global financial team, supporting various parts of the organization with particular emphasis on new business opportunities and global operations through medical economics.
This position could be based in Austin (TX), St. Louis (MO), Chicago (IL), New York or the Bay Area, San Francisco. WHAT YOU’LL WORK ON
- Lead and own generation of actuarially sound methodologies, reporting, and processes for Medicaid value-based risk contracts
- Partner with finance, analytics, and clinical leaders across the organization to understand and project savings, including designing the approaches and mechanisms to track
- Contribute to development of overarching actuarial strategy, automation initiatives, and support of other healthcare programs (e.g. Medicare, Commercial)
- Collaborate and communicate effectively with broader teams to influence new deals, contract negotiations, and translate business requests into data-driven solutions
- Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately
- Use historical population level data to create predictive quartiles 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 with limited guidance, including leading group discussions with primary working groups within product
WHAT WE'RE LOOKING FOR
- Deep knowledge of concepts and methodologies in healthcare, including 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)
- 7+ years of actuarial experience; 3+ years of Medicaid experience
- 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
WORKING AT BABYLONWhether you work in one of our amazing offices or a distributed team, Babylon is highly collaborative and fun! You’ll have a chance to work in a fast-paced environment with experienced industry leaders. We have a learning environment where you can make an impact.
WHO WE AREWe are a team on a mission, to put accessible and affordable healthcare in the hands of every person on earth. Our mission is bold and ambitious, and it’s one that’s shared by our team who shares our values, to dream big, build fast and be brilliant. To achieve this, we’ve brought together one of the largest teams of scientists, clinicians, mathematicians and engineers to focus on combining the ever-growing computing power of machines, with the best medical expertise of humans, to create a comprehensive, immediate and personalized health service and make it universally available.
At Babylon our people aren’t just part of a team, they’re part of something bigger. We’re a vibrant community of creative thinkers and doers, forging the way for a new generation of healthcare. We’re only as good as our people. So, finding the best people is everything to us. We serve millions, but we choose our people one at a time
DIVERSITY AT BABYLONWe believe that difference inspires a better, healthier world. That’s why it’s at the heart of everything we do. From our people to our products, difference enriches every part of our business and creates a culture based on equality of opportunity, and in which all Babylonians can progress their careers. We’re committed to creating an environment of mutual respect where equal employment opportunities are available to all applicants without regard to race, colour, religion, sex, pregnancy status, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic