Healthcare Actuary (new grad)
❤️ Want to make a tangible difference in the future of healthcare?
❤️ Love applying the latest technologies to solve tough problems?
❤️ Looking for a fulfilling career with plenty of learning and growth?
You’re in luck! At Validate you get…
Tight knit team. Culture of learning. No bureaucracy. Room to experiment. Accelerated growth in responsibilities. Fantastic work experience. Frequent feedback.
We are a small team of data scientists, actuaries, programmers and healthcare policy analysts who love what we do and wouldn’t trade it for the world. Join us!
THE COMPANY
Validate Health provides financial simulation, economic forecasts and actuarial risk management guidance to healthcare providers, enabling them to thrive in the constantly evolving and complex world of value based care (VBC). Our mission is to enable these providers, known as accountable care organizations (ACOs), to focus on taking care of patients, while we take care of their highest impact strategic decisions.
JOB DESCRIPTION
The Healthcare Actuary position is for healthcare focused actuaries who want to be at the forefront of provider payment reform and contract optimization. It provides excellent opportunities for professional growth in healthcare financial analytics and value based care.
- Leverage financial models and actuarial tools to enable our healthcare provider clients to optimize their portfolio of VBC programs
- Assist in pricing, reserving and forecasting for Medicare, Medicare Advantage, Medicaid, and commercial lines of business.
- Perform scenario modeling, forecasting and simulations on large datasets to simulate profitability.
- No billable hours, no travel
REQUIREMENTS
- BS or MS in math, economics, finance, actuarial with a minimum 3.0 GPA
- 1 or more Actuarial exams passed
- Prior internships are a plus
- Familiarity with SQL, Python, or R is a plus
HIRING PROCESS
We have a difficult and thorough interview process. It’s been honed over the past 5 years, using metrics gathered at each phase of the process and extensive feedback from candidates, resulting in many exceptional individuals (your future co-workers) joining our team.
Please recognize that there is substantial effort required from the Validate team, as we are dedicated to the long-term goal of hiring top talent in the industry. Those who have gone through the process will attest to how gratifying, thorough, and transparent it was. Speaking of transparency, in addition to clearly laying out the process in this ad, candidates get a “Meet the Team Day” with unrestricted access to talk to anyone on the team. The candidate gets a thorough understanding of the company culture fit, the problems they’ll work on, and the impact they’ll have, enabling you to make the right career decision. We are quite proud of the process and the team we’ve built. If you think you have what it takes to join our team, we invite you to apply.
The steps in our hiring process are: “Getting to Know You questions” form (30 mins) ⇒ Take home “Challenge” coding & math problems (1-4 hours) ⇒ 2-3 skills & culture interviews (~2.5 hours) ⇒ Paid micro project (4-8 hours) ⇒ Meet the Team Day (8 hours) ⇒ Offer!
BENEFITS
- Actuarial exam fees covered
- Fully remote team with an environment and company culture that's optimized to provide a fulfilling work experience and career growth opportunities to every team member, regardless of the location
- Daily whiteboard sessions
- Weekly "deep thought" days
- Opportunity for continuous personal growth and development through research projects and agile experimentation mindset towards product development
- Quarterly personal educational goals and budget
- Quarterly individual performance bonus (~10% at start, ~20% after 4 years)
- Quarterly company offsite retreats and virtual town halls
- Quarterly anonymous leadership feedback and evaluations
- Profit sharing bonus (~5%)
- Health coverage and 401K
- Generous Vacation Policy
- Employee Trust Assessment survey: 4.14/5 (Top 3: Deliver results, get better, right wrongs; Bottom 3: Clarify expectations, listen first, practice accountability)
- 1 year employee retention: 93%; 2 year employee retention: 82%
TO APPLY
- Email your resume to careers+handshake@Validate.Health (As much as we'd like to review all applications, doing this already sets you apart from most applicants and tells us you're truly interested.)
- Use subject line: “Entry Level Actuary with ___ actuarial exams passed via Handshake” (Replace __ with which exams you passed)
- Tell us what interests you in this opportunity and why you’re a good candidate. Cite relevant examples of projects and internships.
- Specify when you’re available to start work and visa sponsorship requirements. (We can only consider U.S.-based candidates.)
🎗️ We recently improved our hiring process to be more time efficient for candidates. Please recognize that by applying, you agree to these steps: Question form ⇒ Take home “Challenge” ⇒ 4 interviews ⇒ Paid micro project ⇒ Meet the Team Day ⇒ Offer!