At Risk Strategies Consulting (RSC), we are at the forefront of providing innovation in data-driven solutions and analytical support for our clients who are navigating the ever-evolving healthcare landscape. Our entrepreneurial culture thrives on Communication, Collaboration, Competence, and Character. We seek highly skilled individuals to support our mission and assist in elevating our consulting practice to new heights. Our virtual team is comprised of exceptional strategists, clinicians, actuaries, underwriters, data scientists, claim auditors and benefit consultants who serve a wide range of plan sponsor and payor clients.
We are seeking a dynamic and experienced actuarial professional to assist with the continued development of our actuarial team and enhance RSC’s support for our client’s healthcare initiatives and innovations. The ideal candidate will offer an extensive understanding of the healthcare landscape, including medical, pharmacy, insurance, financial models, contracting and payor operations. This role demands a motivated self-starter with proven leadership skills, capable of thriving in a fast-paced, dynamic environment. The ideal candidate will excel in a matrixed environment, demonstrate creative actuarial and analytical capabilities, exceptional communication, interpersonal and organizational skills, and possess a proactive and resourceful approach to problem-solving. This role will be critical to delivering the RSC value proposition for our clients through innovation, technical expertise and highly effective and efficient execution which will directly impact the clients’ financial strategies and decisions.
Primary Duties & Responsibilities:
Managing a diverse range of actuarial projects,Collaborating with senior leaders to design and conduct complex analyses adhering to actuarial standards by selecting appropriate data sources, developing assumptions, recognizing considerations, and establishing recommendations with actionable insights.Leverage real-world, statistical data and innovative actuarial modeling to recommend, test, validate, and track supporting health economics, return on investment (ROI), cost of care analytics, experience studies, and healthcare benefit models for client businesses beyond traditional methods.Lead technical actuarial work on projects and assist in the development of less experienced actuaries.Assist in building the practice infrastructure by supporting internal initiatives that enhance the foundational ways of working.Partnering with leadership to build scalable and dynamic financial models and work processes. Assist in building and maintaining strong client relationships.Develop and maintain effective cross-functional working relationships with other RSC teams to assure accurate, timely teamwork and project execution with assigned teams.Qualifications & Requirements:
Bachelor’s degree in mathematics, statistics, economics, or a related fieldFSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation required.10+ years of healthcare actuarial experience. Experience in one of more of the following areas preferred:Strong knowledge of commercial, value-based care and/or medical stop loss marketsValue-based care contracting and reimbursement.Assessment of care management and delivery effectiveness through predictive modeling, ROI analyses and other advanced modeling techniquesRisk modeling and risk mitigation strategy experience for healthcare programs.Traditional Health & Welfare actuarial and underwriting experienceReserving, pricing, and financial modelingExperience supporting specialty pharmacy and/or gene and cell therapy benefits.Project / client / financial management experienceUnderstanding of healthcare databases and data sources (claims, encounters, labs, EMR etc.)Proficiency in Microsoft Excel, Word, PowerPoint, and Access.Experience with SQL, R (R, RStudio). Python or Machine learning a plusAt Risk Strategies Company, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, and life insurance, retirement savings, and paid time off and paid holidays for eligible employees. The total compensation for a position may also include other elements dependent on the position offered. The expected base pay range for this position is between $211,500 - $275,000 annually. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.
Risk Strategies is the 9th largest privately held US brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 100 offices and nearly 5,000 employees across the US and Canada.
Our industry recognition includes being named a Best Places to Work in Insurance for the past five years (2018-2022) and on the Inc. 5000 list as one of America’s Fastest Growing Private Companies. We are committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.
Risk Strategies is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about working at Risk Strategies by visiting our careers page: www.risk-strategies.com/careers.