Full-Time

Chief Actuary Officer

Posted on 2/8/2023

Cityblock Health

Cityblock Health

501-1,000 employees

Tech-driven healthcare provider


Compensation Overview

$190,512 - $294,000

Senior, Expert

Remote in USA

Required Skills
Communications
Requirements
  • A resume and/or LinkedIn profile
  • We do not accept unsolicited resumes from outside recruiters/placement agencies. Cityblock will not pay fees associated with resumes presented through unsolicited means
  • We take into account an individual's qualifications, skillset, and experience in determining final salary. This role is eligible for health insurance, life insurance, retirement benefits, participation in the company's equity program, paid time off, including vacation and sick leave. The expected salary range for this position is $190,512.00 to $294,000.00. The actual offer will be at the company's sole discretion and determined by relevant business considerations, including the final candidate's qualifications, years of experience, skillset, and geographic location
  • Medical Clearance (for Member-Facing Roles):
  • You must complete Cityblock's medical clearance requirements, which include, but may not be limited to, evidence of immunity to MMR, Hepatitis B, Varicella, and a TB screen, or have an approved medical or religious accommodation that precludes you from being vaccinated against these diseases
  • Covid 19 Update - Please Read:
  • Cityblock requires those hired into this position to provide proof that they have received the COVID-19 vaccine. Any individuals subject to this requirement may submit for consideration a request to be exempted from the requirement (based on a valid religious or medical reason) on forms to be provided by Cityblock. Such requests will be subject to review and approval by the Company, and exemptions will be granted only if the Company can provide a reasonable accommodation in relation to the requested exemption. Note that approvals for reasonable accommodations are reviewed and approved on a case-by-case basis and availability of a reasonable accommodation is not guaranteed. This vaccination requirement is based, in part, on recently established government requirements. The requirement is also based on the safety and effectiveness of the vaccine in protecting against COVID-19, and our shared responsibility for the health and safety of members, colleagues, and community
  • The COVID-19 pandemic has severely impacted the health and lives of people around the world, including the vulnerable populations Cityblock serves. As a healthcare provider, Cityblock holds ourselves to the highest standards when promoting the health and safety of those who we serve. Given that the COVID-19 vaccines are one of the most powerful tools to fight this disease and save lives, Cityblock is implementing a COVID-19 booster mandate for Washington, D.C. employees under the guidance of local/state mandates
Responsibilities
  • Lead team of actuaries and analysts across three verticals: Valuation Actuary, Growth Actuary, and Healthcare Economics
  • Provide accurate, timely revenue and claims accruals for financial close. Manage an excellent month-end valuation process with tight controls and scalable processes. Develop strong collaboration with health plan partners to support accurate accruals and timely settlements
  • Oversee the Company's reinsurance and risk management strategies, ensuring that they evolve appropriately with Cityblock as the company grows
  • In partnership with the CFO, ensure every contract Cityblock signs meets the Company's financial and strategic objectives, with sufficient downside protection. Represent Cityblock externally as a member of commercial negotiation teams. Serve as a key member of the Senior Deal Desk, which recommends and approves all new contracts and growth opportunities for Cityblock
  • Evaluate the efficacy of Cityblock's clinical and operational programs. Partner closely with stakeholders to articulate the drivers of Cityblock's financial and clinical performance, and identify opportunities for additional impact
  • In partnership with the SVP Finance and operational / clinical leadership, forecast business performance and develop the medical and operating plans to meet annual and long-range objectives
  • Assess new business opportunities. Provide qualitative and quantitative input to executive leadership to inform company strategic decisions
  • You are an experienced executive and manager with 14+ years of relevant work experience in progressive healthcare and actuarial leadership roles. Consulting experience preferred
  • You are a credentialed actuary (FSA preferred)
  • You have experience in value based care. You understand Medicaid, Medicare and Dual-Eligible programs, populations, risk adjustment and rate methodologies
  • You understand the key business drivers and motivators for all major stakeholders in healthcare including health plans, providers, State and Federal governments, and ACOs
  • You are a fantastic people manager, with a proven track record of hiring well and maintaining and developing talent
  • You are methodical, thorough and meticulous
  • You bring a “systems” mindset to your job. You enjoy building scalable processes and implementing new tools that are designed for growth and robust at scale
  • You have excellent interpersonal, written and oral communication skills, and can build deep relationships with diverse functional leadership
  • You have a strong executive presence and can serve as a credible and thoughtful representative of Cityblock in commercial negotiations and with ongoing customer/partner relationships
  • You are hands-on and not afraid to dive into the details
  • You are passionate about our mission and excited by how this role will drive the company's success

Cityblock's mission is to improve the health of underserved communities by creating solutions that are designed specifically for Medicaid and lower-income Medicare beneficiaries. The company delivers better care to where it’s needed most, investing upstream in highly personalized, prevention-oriented health and social care to ultimately drive down costs and improve outcomes.

Company Stage

Series D

Total Funding

$893.7M

Headquarters

Brooklyn, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

29%

Benefits

Comprehensive health, dental, & vision coverage

12 weeks parental leave

401(k)

20 days vacation

Company retreats & events

INACTIVE