Actuary

Waymark is a team of healthcare providers, technologists, and builders whose mission is to bring the best healthcare to people with Medicaid benefits. Guided by the communities we serve, we bring support and technology-enabled care to help primary care providers keep Medicaid patients healthy. We are building the tools and designing an approach to enable care to reach the patients who can benefit most.  

Our core values embody the essence of what makes Waymark a unique team today, and what we look for, nurture, and sustain as a team. We are bold builders, believing that the greatest challenges in care delivery can be solved when we harness the power of community and technology. We are humble learners, seeking feedback and perspectives different from our own, and welcome challenges to our conclusions. We experiment to improve, actively seeking data to inform decisions and to assess our own performance. We act with focused urgency, our commitment to our mission drives us to tirelessly pursue results.

If this vision resonates with you, we hope you consider bringing your creativity, your energy, your curiosity to Waymark.

About this role

As the second hire on the Actuarial team at Waymark, you will play a pivotal role in supporting our mission, vision, and high-growth trajectory. Reporting to the Actuarial Director and working closely with the Head of Finance, Finance, and Partnerships teams, you will help develop and maintain corporate controls and policies. Your responsibilities will include further developing and implementing performance forecasting, experience monitoring, and risk mitigation for new and existing contracts. Understanding the drivers of financial performance relative to expectations is crucial in this role.

You will be an active, hands-on contributor with direct responsibilities in reserving, total cost of care estimation, and forecasting. Given the variations in Medicaid by state, and the differences in the markets we operate in and the membership we serve, grasping regional trends and understanding the Medicaid capitation process is helpful. Additionally, healthcare data can be incomplete and inconsistent, so a thorough understanding of the data will be a foundational component of your work.

Your role will also involve learning, improving, and expanding the tools available to the actuarial team. Your efforts will help our market leads comprehend the drivers of financial performance under their contracts with payers in each market. You will collaborate with members of the Finance group and Analytics Team to …