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Manager, Actuarial Services at Imaginepediatrics
Finance / Legal | Full time
Job details
Who We Are
We are Imagine Pediatrics, a devoted and compassionate, multi-disciplinary pediatrician-led medical group that is creating a world where every child with complex medical conditions gets the care and support they deserve. Energized by our mission to reimagine pediatric health care, we are pioneering virtual-first care services that include care coordination and around-the-clock access to complex-care clinicians from home. We don’t replace a child's existing care team. Instead, we collaborate to deliver continuous support to kids, so they can spend less time in the hospital and more time thriving at home and in their communities.
Every day we boldly challenge old approaches and seek out new and better ways to improve the health and lives of children with medical complexity. In partnership with caregivers, providers, and health plans, we break down the barriers that stand between families and quality care for their children. We know we can’t solve every challenge in the lives of these kids, but we can work tirelessly to give them, their families, and other caregivers the help and relief they need, right when they need it. We know a better approach to pediatric health care is within reach, and we are committed to seizing it today.
What We Live By
We’re guided by our five core values:
- Children first. We put the best interests of children above all. We are uncompromising in our commitment to improving the lives of children and families by bringing the best care to them.
- Earn trust. We cherish the trusting relationships we build with the children and families we serve, our partners, and each other. We seek first to understand and speak honestly.
- Innovate today. We refuse to accept the way things have always been done. Children and families are waiting for our help and their bravery demands that we relentlessly challenge assumptions to develop new approaches.
- Embrace humanity. We lead with empathy and authenticity, presuming competence and good intentions. When we stumble, we use the opportunity to learn and grow stronger.
- One team, diverse perspectives. We work alongside families as one team towards a shared purpose. We champion diversity and acknowledge the contributions of others.
About the Role:
As Manager, Actuarial Services you will combine your leadership capabilities and actuarial expertise to lead an actuarial team to conduct and present analytics on several business-critical initiatives. This position will be instrumental in supporting a value-based care business model for the pediatric Medicaid population. Key projects will include value-based care savings calculations, monthly close processes, development and application of IBNR estimates, and reporting/presenting financial and clinical results drivers that Imagine Pediatrics brings to its current and prospective member base and payer clients. Primary functions and responsibilities of this role will include but are not limited to:
- Develop a process and internal capabilities to measure the performance of value-based / shared savings arrangements and communicate valuable insights to key stakeholders.
- Oversee monthly development and application of IBNR estimates.
- Partner with the Healthcare Economics (claims data analytics) team to demonstrate value our clients achieve with Imagine through the reporting of revenue / risk score trends, healthcare utilization trends, and financial savings.
- Analyze profitability by duration, acuity, and resource allocation to inform strategic recommendations to senior leadership.
- Work closely with other finance teams to monitor performance against forecasts, analyzing and explaining drivers of variances from revenue, cost, and membership.
- Prepare analyses for shared savings settlement discussions with payer partners.
About You
First and foremost, you’re passionate and committed to creating the world our sickest children deserve. You want an active role in building a diverse and values-driven culture. Things change quickly in a start-up environment; you accept that and are willing and able to react quickly to time-sensitive needs of the business with agility and accuracy. In this role, you will need:
- Associate or Fellow of the Society of Actuaries
- Bachelor’s degree
- Minimum of 5 years of health actuarial experience, experience with value-based reimbursement strategies and affordability initiatives preferred
- Prior leadership experience is preferred but not required
- Ability and willingness to train and transfer knowledge to junior level staff
- Actuarial knowledge of best practices for evaluation, modeling (cost, risk score and revenue) and analytics
- Strong SQL skills
- Ability to work effectively in a dynamic and fast-paced environment
- Strong communicator (both written and verbal) with an ability to break down complex and technical concepts in an easy-to-understand way
- Strong organizational, documentation and problem-solving skills
- Strong business acumen and interpersonal skills
We Value Diversity, Equity, Inclusion and Belonging
We believe that creating a world where every child with complex medical conditions gets the care and support they deserve requires a diverse team with diverse perspectives. We're proud to be an equal opportunity employer. People seeking employment at Imagine Pediatrics are considered without regard to race, color, religion, sex, gender, gender identity, gender expression, sexual orientation, marital or veteran status, age, national origin, ancestry, citizenship, physical or mental disability, medical condition, genetic information, or characteristics (or those of a family member), pregnancy or other status protected by applicable law.
