Position Summary

Reasons you will want this position:

Join our rapidly expanding company, which will provide you with limitless challenges in developing and enhancing algorithms.
Our culture actively values and rewards innovative ideas, particularly those that lead to better outcomes for all.
This is viewed as a key position for our continued success by our executives and senior leadership.
Significantly elevate your communication and presentation abilities while working closely with our client's key stakeholders.
Work where you are most productive: from home, in the office, or hybrid.

Summary
As an Actuarial Director at Cedar Gate Technologies, you'll be given an exciting opportunity to create cutting-edge mathematical and statistical models that predict future outcomes and share your valuable insights in detailed reports. Collaborating with non-actuaries, you'll enthusiastically explore innovative solutions to complex challenges. Your expertise will be crucial in crafting algorithms and analyses that empower our clients to make informed decisions, uncovering essential opportunities for enhancing quality and reducing costs. Join us in making a significant impact on the future of healthcare!

Roles & Responsibilities

Develop mathematical analyses and financial principles to solve insurance problems that comply with actuarial standards of practice (ASOPs)
Construct value-based contract forecasts of future premiums, claims and risk scores based on past operations and anticipated future changes
Clearly explain value-based contract forecast assumptions, volatility, sensitivity analysis and risks to clients
Streamline repetitive actuarial tasks by leveraging opportunities to integrate methods as software features, enhancing efficiency and productivity.
Assist software developers in deploying software features through the development of written requirements, definition of use cases, user acceptance testing, and serving as a subject matter expert to assure appropriate use of methods as well as proper communication of limitations and disclosures
Collect and compile statistical data for additional analysis
Estimate the probability and likely cost of events such as an accident, death, natural disaster, or sickness
Explain reports, forecasts, and findings to various parties, from company executives to clients, shareholders, and government officials, that comply with actuarial standards of practice (ASOPs)
Build predictive models to accurately analyze potential outcomes
Compare actual ROIs with forecasts
Monitor market trends and identify opportunities for new investments and funds

Job Location:

Fully Remote/Virtual

Required Experience / Qualifications

Work experience as an Actuary (ASA or FSA preferred)
Good knowledge of value-based care approaches in Commercial and Government Program market spaces, including Pay for Performance contracts, ACOs, Capitation, and Bundle models
In-depth understanding of how to use actuarial formulas and tables
Hands-on experience with statistical packages like R or Python
Bachelor's degree in mathematics, actuarial science, or business.
Good knowledge of insurance legislation and how it could analytical outcomes
Excellent numerical and analytical skills and a high attention to detail
Ability to effectively present information professionally in one-on-one and small group situations to customers, clients, and other employees of the organization.
Ability to communicate effectively in writing as appropriate for the needs of the audience.
Currently eligible to work in the U.S. without assistance securing an employment visa or work authorization.

Your Future Working Environment

If you join Cedar Gate, you can make great ideas happen for some of the world's most dynamic companies. With broad global resources and deep technical know-how, we collaborate with clients to cultivate ideas and deliver results in the medical industry. Choose a career at Cedar Gate and enjoy an innovative environment where challenging and interesting work is part of daily life.

Next to our excellent terms of employment and fringe benefits, we invest considerable resources to provide ongoing training that builds and extends professional, technical, and management skills in all areas. At Cedar Gate, you will operate in a professional environment where teamwork and innovation are immensely encouraged. Together with colleagues, you will work on high-impact projects for many dynamic companies.

About Cedar Gate

Cedar Gate enables payers, providers, employers, and service administrators to excel at value-based care. Our unified technology and services platform enhances and automates data management activities to deliver employer and provider analytics, care management, and payment technology necessary to pursue every payment model and optimize performance in all lines of business. From primary care attribution to bundled payments to capitation, our platform is designed to improve clinical, financial, and operational outcomes for all.

Based in Greenwich, CT, Cedar Gate is private equity backed by GTCR, a leading Chicago-based private equity firm, Ascension Ventures, a strategic healthcare venture firm, and Cobalt Ventures, the investment subsidiary of BCBS of Kansas City. To learn more, visit www.cedargate.com.

Cedar Gate Technologies, Inc.Verified Employer

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Director Actuarial