Associate, Actuarial Valuation and Performance
Cityblock Health
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See open jobs at Cityblock Health.See open jobs similar to "Associate, Actuarial Valuation and Performance" General Catalyst.Job Description:
About Us:
Cityblock Health is the first tech-driven provider for communities with complex needs—bringing better care to where it’s needed most, block by block. Founded in 2017 on the premise that “health is local” and based in Brooklyn, we are backed by Alphabet’s Sidewalk Labs along with some of the top healthcare investors in the country.
Our mission is to improve the health of underserved communities. Importantly, our solutions are designed specifically for Medicaid and lower-income Medicare beneficiaries, and we meet our members where they are, bringing care into the home and neighborhoods through our community-based care teams and Virtual Care offerings.
In close collaboration with community-based organizations, local providers, and leading health plans, we are reorganizing the health system to focus on what matters to our members. Equipped with world-class, custom care delivery technology, we deliver personalized primary care, behavioral health, and social services to deliver a radically better experience of care for every member and community we serve.
Over the next year, we’ll grow quickly to bring better care to many more members and their communities. To do this, we need people who, like us, believe that everyone should have good care for what matters to them, in their community.
Our work is grounded in a belief in the power of a diverse community. To close gaps in care and advance equity in the communities we serve, we have to start with making our own team diverse and inclusive. Our ways of working are characterized by creativity, collaboration, and mutual learning that comes from bringing together a community from diverse backgrounds and perspectives. We strive to ensure that every person on the Cityblock team, and every Cityblock member, feels supported and included as a part of our community.
Our Values:
- Aim for Understanding
- Be All In
- Bring Your Whole Self
- Lean Into Discomfort
- Put Members First
About the Role:
As a member of the Valuation and Performance team, the individual in this role will contribute to implementing performance forecasting, experience monitoring, and risk mitigation for new and existing partners, and for understanding the drivers of financial performance relative to expectations. The Associate in this role will be an active hands-on contributor with direct responsibilities for components of risk reserves and forecasting.
The partners we work with, the markets we operate in, the membership we serve, varies across different blocks of our business. Also, healthcare data is seldom perfectly clean and consistent, so you must be willing to spend the time to understand the data as a foundational component to the work. You will have the opportunity to learn, improve and expand the tools available to the actuarial team.
Your work will help our market leads understand the drivers of the financial performance under their contracts with payers in each market. You will work with members of the Finance group and Analytics Team to interpret emerging claims and revenue experience and to forecast changes in these drivers to the Cityblock business. You will help formulate complex actuarial analytics to be consumable by business leaders. If you want to come and use your actuarial skills to contribute and make a difference in the communities we serve, we want to hear from you!
Responsibilities:
Develop familiarity with the existing data, tool and processes used by the Valuation and Performance team
Form relationships with your partners in the Analytics and Finance areas
Actively participate, with support, in the initial month end financial process Contribute to an initial high-priority, lower-lift actuarial and analytics project
Assume ownership for a distinct component of the financial monitoring / close work
Start to refine and enhance existing data queries, tools and processes within the Valuation and Performance Team
Actively participate and contribute to partner discussions and alignment on Cityblock performance.
Support the update of financial forecasts, helping to develop and refine assumptions around the drivers of revenue and/or total cost of care.
Refine analytical exhibits used to communicate results and findings from the team to stakeholders in the market and Finance areas.
Refine existing analytics models, summaries and assumptions by and helping to build in feedback loops between existing and new partner business insights.
Serve as technical expert on the Valuation and Performance team on data and total cost of care components of the financial projections
Serve as a strong partner to Market Finance teams, and to actuarial and finance peers in partner health plans to share observations and resolve differences in assessments of Cityblock performance.
Job Requirements:
Bachelor's degree in Actuarial Science, Mathematics or Data Analytics/Science
3+ years of relevant actuarial experience
You excel at presenting and explaining complex actuarial analyses to non-technical audiences
You enjoy a dynamic environment and are able to make progress on multiple projects at the same time
You have strong analytical and problem-solving skills, and an intellectual curiosity to understand understand true underlying trends
You are very organized and able to manage multiple work efforts. You understand the link between the actuarial details and the business big picture
You are a strong SQL programmer, with experience navigating non-standard data
You have experience with healthcare data and standard healthcare metrics and taxonomies (PMPMs, gross margin, MLR, risk score, etc.)
What We’d Like From You:
- A resume and/or LinkedIn profile
- A short cover letter, please!
We take into account an individual’s qualifications, skillset, and experience in determining final salary. This role is eligible for health insurance, life insurance, retirement benefits, participation in the company’s equity program, paid time off, including vacation and sick leave. The actual offer will be at the company’s sole discretion and determined by relevant business considerations, including the final candidate’s qualifications, years of experience, skillset, and geographic location. The expected salary range for this position is:
$90,300 to $107,000
Cityblock values diversity as a core tenet of the work we do and the populations we serve. We are an equal opportunity employer, indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
Covid 19 Update - Please Read:
Cityblock requires those hired into this position to provide proof that they have received the COVID-19 vaccine. Any individuals subject to this requirement may submit for consideration a request to be exempted from the requirement (based on a valid religious or medical reason) on forms to be provided by Cityblock. Such requests will be subject to review and approval by the Company, and exemptions will be granted only if the Company can provide a reasonable accommodation in relation to the requested exemption. Note that approvals for reasonable accommodations are reviewed and approved on a case-by-case basis and availability of a reasonable accommodation is not guaranteed. This vaccination requirement is based, in part, on recently established government requirements. The requirement is also based on the safety and effectiveness of the vaccine in protecting against COVID-19, and our shared responsibility for the health and safety of members, colleagues, and community.
The COVID-19 pandemic has severely impacted the health and lives of people around the world, including the vulnerable populations Cityblock serves. As a healthcare provider, Cityblock holds ourselves to the highest standards when promoting the health and safety of those who we serve. Given that the COVID-19 vaccines are one of the most powerful tools to fight this disease and save lives, Cityblock is implementing a COVID-19 booster mandate for Washington, D.C. employees under the guidance of local/state mandates.
Medical Clearance (for Member-Facing Roles):
You must complete Cityblock’s medical clearance requirements, which include, but may not be limited to, evidence of immunity to MMR, Hepatitis B, Varicella, and a TB screen, or have an approved medical or religious accommodation that precludes you from being vaccinated against these diseases.
This job is no longer accepting applications
See open jobs at Cityblock Health.See open jobs similar to "Associate, Actuarial Valuation and Performance" General Catalyst.