Actuarial Director

Company: thymecare

Department: Health Economics

OUR  MISSION

Imagine building a better healthcare journey for patients with cancer, where individuals and their loved ones feel seen, supported, and heard by their care team – both in and out of the clinic. Where fast access to high-quality care is the norm, not the exception. Where patients have access to a care navigator to guide them through their diagnosis and trusted support all along the way.

At Thyme Care, we share a passion for transforming the cancer care experience – not just for patients but also for their caregivers and loved ones, as well as those delivering and paying for their care. Today, Thyme Care is known predominantly as a cancer care navigation company enabling value-based cancer care; in the next few years, we will become a nationally recognized technology-driven and provider-centric care delivery model, reshaping the landscape of cancer care access, delivery, and experience. Our commitment runs deep—we're not satisfied with the status quo but determined to redefine it.

To make this happen, we’re building a diverse team of problem solvers and critical thinkers to drive innovation and shape the future of healthcare. If you share our vision and want to be part of something truly meaningful, we want to hear from you. Together, we can revolutionize cancer care and make a difference that lasts a lifetime.

WHAT YOU’LL DO

Reporting into the VP of Health Economics, you will lead the actuarial function at Thyme Care and take on ownership of all forecasting, contract reconciliations and reserving activities in the organization.  This is a high profile position that will regularly collaborate with the C-suite.  The responsibilities of the Actuary Director include:

• Lead the development and reporting of Thyme Care’s total cost of care savings forecasts, ensuring the accuracy of the underlying data and methodological consistency with actuarial standards.
• Lead annual financial reconciliations of Thyme Care’s value-based contracts, coordinating internal data resources to execute reconciliation and directly interfacing with actuarial counterparts at existing customers to validate results.
• Provide guidance on performance forecasts credibility and risks, and advise Finance teams on revenue realization decisions tied to projected shared savings.
• Help identify and evaluate areas of potential underperformance, providing interpretation of results and partnering with clinical teams to find root causes of emerging issues.
• Build an actuarial team, developing staff and team capabilities while ensuring business needs or requirements are met.
• Execute actuarial analyses and develop models that allow Thyme Care to quantify the financial and risk trade-offs between different contract features in value-based arrangements.
• Support the development and maintenance of financial models that map the organization’s clinical and operational activities to outcomes that drive Thyme Care’s financial performance. 

WHAT YOU’VE DONE

• Required: Bachelor's degree in Statistics, Actuarial Sciences, Economics, Math or other quantitative discipline  
• Required: ASA or FSA 
• 5+ years of actuarial experience in health care and/or medical economics
• 2+ years of experience mentoring junior staff members
• Experience with reserving and forecasting performance under value-based arrangements which may include shared savings programs, shared risk programs, and/or capitation
• Understanding of Medicare Advantage health plan data (Claims, MMR, MAO-04, etc.)
• Experience using SQL, SAS or another coding language to pull and transform data in a structured manner from large healthcare claims databases
• Experience developing financial models and/or forecasts in Excel that evaluate the cost of care impact of different clinical interventions
• A strong understanding of financial and clinical metrics used in healthcare and strong working knowledge of industry standards for presenting data
• Familiarity with BI Tools like Looker, Tableau, or Qliksense 
• Proficiency in writing clean, efficient code and maintaining strong data management practices
• Experience working across organizations, building rapport with data teams as well as downstream consumers
• Strong communication skills and demonstrated the ability to articulate the “Here’s What”, the “So What”, and the “Now What” to executive audiences or external parties

WHAT LEADS TO SUCCESS

• Act with our members in mind. Thyme Care’s mission, and in particular, our member experience, matters deeply to you. 
• Critical eye for detail. Not only do you maintain high standards for data accuracy, presentation and documentation, you have a natural ability to detect data anomalies and identify when outputs look suspicious and warrant further investigation. 
• Move with purpose. You’re biased to action. You know how to identify and prioritize your initiative’s needs, and do what it takes to ensure that urgent and important needs are acted on immediately.
• Comfort with ambiguity.  You have a proven track record of success within scaling businesses, fast-paced environments, and startups. You understand that rapid changes to the business, strategy, organization, and priorities are par for the course. 
• Expertise. You have a solid understanding of healthcare data and financial concepts, and are able to use analytic methods to drive tactical decisions and strategic plans.  You’re an expert in right sizing solutions and tailoring your communication to your audience.

OUR VALUES

At Thyme Care, our core values guide us in everything we do: Act with our members in mind, Move with purpose, and Seek diverse perspectives. They anchor our business decisions, including how we grow, the products we make, and the paths we choose—or don’t choose.

Our salary ranges are based on paying competitively for our size and industry, and are one part of the total compensation package that also includes equity, benefits, and other opportunities at Thyme Care. Individual pay decisions are based on several factors, including qualifications, experience level, skillset, geography, and balancing internal equity relative to other Thyme Care employees. The base salary for this role is $190,000-$220,000. The salary range could be lower or higher than this if the role is hired at another level. 

We recognize a history of inequality in healthcare. We’re here to challenge the status quo and create a culture of inclusion through the care we give and the company we build. We embrace and celebrate a diversity of perspectives in reflection of our members and the members we serve. We are an equal-opportunity employer.

Be cautious of recruitment fraud, and always confirm that communications are coming from an official Thyme Care email.

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