Senior Actuarial Scientist

Spring Health is seeking a Senior Actuarial Scientist to join our Customer Value team. Reporting to the Associate Director of Actuarial Analytics, you will own the development of ROI models that quantify cost savings and downstream impact for our employer and payer populations.

Please note that this is a hybrid role based in New York City, with an expectation to be in the office 2–3 days per week at our 60 Madison Avenue location. Candidates must be based in the NYC metro area or able to relocate independently within 90 days of their start date. Occasional travel will be required for team on-sites. 

What you'll do

• Build and maintain actuarial ROI models to quantify cost savings, utilization changes, and downstream impact across employer and payer populations
• Present ROI findings directly to prospects and clients, distilling complex technical concepts into compelling, executive-ready storytelling
• Develop strong partnerships with revenue, product, finance, and data science teams to align on core assumptions
• Support emerging product evaluations by refining methodologies and validating financial assumptions
• Contribute actuarial expertise to product prototyping and development to help shape scalable financial frameworks
• Build custom savings and cost models using Excel and other spreadsheet applications
• Query databases using SQL to extract and analyze data to inform model assumptions
• Communicate the impact of custom configurations on price and margin to internal stakeholders
• Leverage AI tools to enhance the speed and quality of results delivered to our customers
• Collaborate cross-functionally to ensure actuarial rigor is applied to all external-facing financial metrics

What success looks like in this role

• Develop a deep understanding of how Spring Health delivers value to customers, specifically through health plan integration
• Clearly communicate analytical concepts and financial results to both technical and non-technical audiences, including customers and internal leadership
• Successfully partner with cross-functional teams to launch ROI measurement frameworks for new products
• Stay current on ROI methodologies and macroeconomic trends impacting medical insurance to ensure our models remain industry-leading

What you'll bring

• Associate or Fellow of the Society of Actuaries (ASA or FSA) designation
• 5+ years of experience in financial or actuarial analysis
• Hands-on experience working with medical claims data, including ICD-10 and CPT codes
• Advanced proficiency in Excel and experience writing SQL queries to retrieve data
• Ability to work independently and align priorities with cross-functional stakeholders
• A focus on progress over perfection, with the ability to remain poised in a fast-paced environment
• Experience working on small, agile teams or within a startup environment (preferred)
• Experience in external-facing roles or client presentations (preferred)
• Experience in vendor evaluation or benefits consulting (preferred)
• Prior exposure to statistical inference methods or experience working with R (preferred)

The target base salary range for this position is $159,000 - $196,480, and is part of a competitive total rewards package including equity and benefits. Individual pay may vary from the target range and is determined by a number of factors including experience, location, internal pay equity, and other relevant business considerations. We review all employee pay and compensation programs annually using Radford Global Compensation Databaseat minimum to ensure competitive and fair pay. 

Benefits provided by Spring Health:

Note: We have even more benefits than listed here and below, your recruiter will provide more in-depth information as you continue in the interview process. Benefits are subject to individual plan requirements and eligibility criteria.

• Health, Dental, Vision benefits start on your first day at Spring. You and your dependents also receive access to One Medicalaccounts HSA and FSA plans are also available, with Spring contributing up to $1K for HSAs, depending on your plan type.
• Employer sponsored 401(k) match of up to 2% for retirement planning
• A yearly allotment of no cost visits to the Spring Health network of therapists, coaches, and medication management providers for you and your dependents.
• We offer competitive paid time off policies including vacation, sick leave and company holidays.
• At 6 months tenure with Spring, we offer parental leave of 18 weeks for birthing parents and 16 weeks for non-birthing parents.
• Access to Noom, a weight management program—based in psychology, that's tailored to your unique needs and goals. 
• Access to fertility care support through Carrot, in addition to $4,000 reimbursement for related fertility expenses.
• Access toWellhub,  which connects employees to the best options for fitness, mindfulness, nutrition, and sleep in one subscription
• Access to BrightHorizons, which provides sponsored child care, back-up care, and elder care
• Up to $1,000 Professional Development Reimbursement a year.
• $200 per year donation matching to support your favorite causes.