Staff Actuary

🔥 19 hours ago

🇺🇸 United States – Remote

💵 $176.6k - $228k / year

⏰ Full Time

🔴 Lead

📊 Actuary

🦅 H1B Visa Sponsor

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Virta Health

201 - 500 employees

🏥 Healthcare

⚕️ Healthcare Insurance

🧘 Wellness

Healthcare • Healthcare Insurance • Wellness

Virta Health is a healthcare company focused on reversing type 2 diabetes and promoting sustainable weight loss through a nutrition-first approach. The company offers personalized treatment plans that help individuals reduce or eliminate the need for diabetes medications. Virta collaborates with organizations and healthcare providers to deliver transformative outcomes in metabolic care. Their approach is evidence-backed, emphasizing the importance of lifestyle and dietary changes to achieve lasting health improvements and weight management.

📋 Description

• Lead Virta’s actuarial and financial value strategy • Evolve savings, ROI, and actuarial methodologies using medical and pharmacy claims and other healthcare data • Design and evaluate performance guarantees, value-based contracts, and innovative risk arrangements • Advise Commercial Leadership, Product Marketing, Sales, Customer Success, and Executive Leadership on products, pricing, benefits, and go-to-market strategies • Support strategic sales, renewal, and client conversations as Virta’s senior actuarial authority • Communicate Virta’s economic value to employers, health plans, consultants, and actuaries • Evaluate financial implications of healthcare utilization, pharmacy economics, GLP-1s, and other market dynamics • Define enterprise standards for reusable models, methodologies, tools, and processes • Establish rigorous, transparent, defensible, evidence-based financial modeling approaches • Mentor and develop actuarial and analytics team members • Build product and commercial knowledge, cross-functional relationships, and client context during the first 30 days • Independently own key actuarial analyses and contribute to client, sales, and renewal conversations by 60 days • Identify opportunities to improve ROI methodologies, performance guarantee strategy, and AI and automation workflows by 60 days • Independently support sales pitches and Customer Success conversations and establish priorities for advancing actuarial value strategy by 90 days

🎯 Requirements

• FSA or ASA designation • 12+ years of relevant experience in healthcare actuarial work, healthcare economics, consulting, payer strategy, employer benefits, or a related field • Deep experience using medical and pharmacy claims to measure healthcare cost savings and demonstrate the economic value of value-based care models • Ability to translate complex analyses into credible client- and market-facing narratives • Strong SQL skills • Ability to independently navigate complex healthcare datasets • Ability to leverage AI and emerging tools to accelerate analysis, improve workflows, and increase quality and scalability • Experience translating actuarial and financial analyses into business recommendations • Experience evaluating performance guarantees, value-based arrangements, pricing strategies, or financial risk • Ability to communicate complex quantitative concepts clearly to actuaries, analytics teams, clients, commercial leaders, and executives • Ability to follow Virta’s security and privacy procedures for HIPAA-governed patient information • Legally authorized to work in the United States

🏖️ Benefits

• Equity • Remote-first work arrangement • Office hubs in Denver and San Francisco • Security and privacy training • Benefits information available on Virta’s Careers page

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