Senior Actuarial Analyst

As a leading provider of outcomes-driven care for individuals and communities living with chronic conditions, Somatus is helping patients across the country enjoy More Healthy Days at Home.

Care at Somatus goes beyond treatment. Through a whole‑person approach, we deliver outcomes‑driven integrated care and show up #SomatusStrong for our patients and teammates. We partner closely with health plans, health systems, and provider groups to support patients with, or at risk of developing, cardio, kidney, metabolic, or other chronic conditions.

We hire the brightest and boldest — talent driven by purpose and impact. Since our founding in 2016, our growth trajectory isn’t just a milestone — it’s a signal. Our leadership values culture and leads with intention as we remain dedicated to driving clinical excellence. 

Does this sound like you? Keep reading.

How We’ll Support You:
We offer 25+ health, growth, and wealth work perks to help teammates be the best version of themselves, including:

• Subsidized personal healthcare coverage: Medical, Dental & Vision, plus Wellness programs
• Paid Time Off: Flexible PTO
• Professional development: CEU and tuition reimbursement

The Sr. Analyst, Actuary role will require the ability to evaluate complex risks and assess the potential financial consequences of those risks in the healthcare space. Utilize mathematics, statistics, and financial theory to assess the risk that may occur and help the business and clients develop business plans that minimize the cost of that risk. Advise the business on contract pricing in a value-based, risk-bearing environment. Contribute to and/or lead a wide variety of complex projects involving the contracting, reserving, pricing, and financial modeling of a full array of value-based care programs for providers and payors.

• Analyze statistical data around medical trends
• Complex modelling of statistics to determine potential risks
• Assist with pricing risk contracts with payors and providers
• Prepare presentations and detailed reports and present to clients
• Lead development and/or maintain multiple internal statistical models to support key business goals / initiatives; pricing models, financial projections, contract modeling, and ad hoc support projects
• Strong quantitative and financial modeling capabilities and problem-solving ability
• Ability to work both independently and lead small teams, while enjoying a fast-paced collaborative environment
• Strong analytical skills including ability to draw conclusions, develop processes, and identify trends from data in a logical, systematic way
• Create client reporting for actuarial topics like the financial outcomes of various contracts, including shared risk and contingency based contracts.
• Lead development of advanced analytical models that help demonstrate our program value (cost savings, quality outcomes, and member satisfaction) to our clients
• Strong written and verbal communication skills
• Expert proficiency with Microsoft Suite to include SQL, Excel, Word, Power Point and Outlook

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee. Duties, responsibilities, and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Qualifications:

• Bachelor's degree in actuarial science, mathematics, economics or a related field is required
• Minimum of four (4) years of decision support, financial analysis or actuarial experience is required
• Ability to work cross-functionally with a variety of teams including operations, product, and technology.
• Strong database (SQL) experience is required

Preferred Qualifications:

• 4-7 years of experience
• Associate in the Society of Actuaries (ASA) Preferred
• Ability to handle ambiguity and desire to work in a fast-paced start-up environment.