Director of Actuarial Services


Location: Chicago, IL
Job Number: 2845

Company Highlights

  • This up-and-coming company has already made its mark by partnering with other reputable companies and by achieving awards for innovation; they plan to continue growing for more success.
  • This innovated and private-equity backed healthcare company puts focus on a population who tends to be underserved, the frail and elderly, by providing high-quality geriatric care.
  • This company won the 2019 HPIR (Health Plan Innovation Roundtable) Traction Award, which recognizes innovation amongst organizations.

Benefits and Features

  • Competitive compensation
  • Benefits package
  • Great location
  • Long term growth opportunity
  • Ability to contribute in building the actuarial function from the ground-up

The Role You Will Play

  • This role will lead the actuarial claims analysis, IBNR model development, revenue analysis/forecasting, and provide support in value-based contract negotiations.
  • The Director of Actuarial Services will develop annual budgets and reforecasts, in partnership with the Finance and Market leadership.
  • Evaluate changes in payor contracts and government programs, make recommendations to improve performance, and provide actuarial insight/expertise to improve performance under full-risk contracts.

Community Highlights

  • The Director of Actuarial Services is based in Chicago, IL.
  • As a large city with surrounding suburbs, Chicago offers a multitude of housing options to suit every lifestyle and a variety of transportation resources for traveling and sightseeing.
  • Chicago is rich in culture, arts, and entertainment.

Background Profile

  • Expertise in actuarial skills, leading a pricing &/or projection team, and accurately projecting IBNR.
  • Bachelors’ degree in Mathematics, Actuarial Science, or related field.
  • FSA and MAAA
  • 7+ years of full-time actuarial experience and 5+ years of healthcare experience
  • Understanding of Medicare Advantage, Medicare ACO, and Direct Contracting programs
  • Advanced data analytic skills and an understanding of risk-based contracting and performance analysis