Actuary/Senior Actuarial Analyst

Summary

Thyme Care is a value-based oncology care enabler that combines human support, technology, data science, automation, and AI to improve cancer care outcomes and reduce costs. The Actuary or Senior Actuarial Analyst will develop and maintain actuarial models, perform healthcare data analyses, support value-based care contracts, and collaborate with actuarial, finance, clinical, analytics, and operations teams.

Responsibilities

• Own and execute recurring actuarial and financial analysis for multiple value-based care contracts, including development and maintenance of forecasting models, evaluation of program efficacy using advanced statistical methods, and designing / deploying large-scale database solutions to drive innovation and efficiency in actuarial workflows
• Support business development by building actuarial client relationships and own end-to-end actuarial analytic functions relating to a portfolio of national payer clients
• Partner with actuarial and finance leadership to support financial reconciliations and performance reviews, including preparing analysis outputs and presenting results to executive audiences
• Develop, run, and optimize SQL queries to extract, transform, and validate healthcare claims and operational data used in actuarial analyses and performance estimates
• Perform ad hoc and exploratory data analyses to investigate performance trends, identify drivers of over- or under-performance, and surface actionable insights for internal stakeholders
• Evaluate the reasonableness and sensitivity of model outputs, proactively identifying data quality issues, assumptions, or emerging risks
• Collaborate cross-functionally with analytics, clinical, and operations teams to ensure alignment between data, models, and real-world workflows
• Contribute to the improvement and automation of actuarial processes and analytical pipelines as the organization scales, helping to establish best practices in a start-up environment

Skills

• Bachelor's degree in Statistics, Actuarial Sciences, Economics, Math or other quantitative discipline
• ASA, or near-ASA with demonstrated progress towards credentials (4+ exams)
• 2+ years of actuarial experience in a healthcare environment
• Experience using SQL or another structured coding language to pull and transform healthcare data from large databases
• Proficiency in writing clean, efficient code and ability to troubleshoot and review code written by yourself or others
• Experience working with claim-level datasets
• Strong communication skills and ability to articulate results, solutions, and recommendations to internal stakeholders (i.e., the “So What”)
• Experience in value-based care arrangements and working knowledge of key value-based concepts like Medicare Advantage, risk scores, shared savings, or CMS payment models
• Exposure to multiple actuarial functions (pricing, reserving, forecasting, trend, pharmacy, etc.) via rotational program or consulting role
• Proficiency in at least one other coding language aside from SQL or SAS (e.g., Python, R, dbt, etc.)
• Expertise working with spreadsheet software utilizing functions, formulas, and graphs

Qualifications

Must Haves

• Bachelor's degree in Statistics, Actuarial Sciences, Economics, Math or other quantitative discipline
• ASA, or near-ASA with demonstrated progress towards credentials (4+ exams)
• 2+ years of actuarial experience in a healthcare environment
• Experience using SQL or another structured coding language to pull and transform healthcare data from large databases
• Proficiency in writing clean, efficient code and ability to troubleshoot and review code written by yourself or others
• Experience working with claim-level datasets

Nice to Haves

• Strong communication skills and ability to articulate results, solutions, and recommendations to internal stakeholders (i.e., the “So What”)
• Experience in value-based care arrangements and working knowledge of key value-based concepts like Medicare Advantage, risk scores, shared savings, or CMS payment models
• Exposure to multiple actuarial functions (pricing, reserving, forecasting, trend, pharmacy, etc.) via rotational program or consulting role
• Proficiency in at least one other coding language aside from SQL or SAS (e.g., Python, R, dbt, etc.)
• Expertise working with spreadsheet software utilizing functions, formulas, and graphs

Benefits

• Equity