US - Remote Remote (Country) Employment $135,800 - $231,000

Waymark is hiring a Director, MedEcon

Responsibilities

  • Own savings forecasts and monthly financial close for all value-based contracts, including shared savings accruals, reserves, and IBNR development
  • Build and maintain financial models capturing performance drivers under MLR-based and RCT-based contract structures; monitor cost trends and provide early warnings of variances with recommended actions
  • Serve as the technical authority on total cost of care projections, conducting and reviewing sophisticated analyses, cost trend studies, and actuarial modeling as needed
  • Lead year-end contract reconciliation with health plan actuaries and provide actuarial/financial guidance during contract negotiations
  • Develop underwriting frameworks (MLR targets, performance guarantees, risk corridors) and build methodologies to accurately measure organizational performance across contract structures
  • Perform deep-dive cost trend analyses to identify clinical impact opportunities; generate insights that drive clinical model innovation and support strategic planning across market opportunities and growth scenarios
  • Serve as the primary technical counterpart to health plan actuaries during data validation, reconciliation, and negotiations
  • Lead discussions to resolve methodology differences and communicate findings clearly to non-technical stakeholders
  • Develop compelling value narratives and analytical exhibits that translate complex medical economics findings into actionable recommendations
  • Build, grow, and lead a best-in-class medical economics and actuarial function
  • Develop analytical tools, data infrastructure, and reporting frameworks that improve team efficiency and scale capabilities
  • Dive deep into data quality issues and work cross-functionally to resolve discrepancies; write analytical memos and reports that communicate findings to senior leadership

Requirements

  • Advanced degree in a quantitative field (actuarial science, statistics, mathematics, economics, public health, or related)
  • 10+ years of progressive experience in health actuarial science or medical economics, with at least 3-5 years in a leadership role
  • Demonstrable expertise in Medicaid, including capitation, risk adjustment, MLR requirements, and regulatory frameworks
  • Proven track record with value-based care arrangements, shared savings contracts, and risk-bearing models, including contract underwriting, performance forecasting, and financial reconciliation
  • Expert-level proficiency in actuarial and medical economics methodologies (reserving, pricing, trend analysis, total cost of care modeling); strong SQL, Python, and/or R skills; advanced Excel/financial modeling; and experience with large, complex healthcare datasets
  • Demonstrated ability to build and lead high-performing analytical teams in growth-stage organizations, with exceptional communication skills across technical and non-technical audiences
  • Equal parts strategic thinker and hands-on executor — able to build vision and infrastructure while personally conducting sophisticated analyses
  • Comfortable with ambiguity, fast-moving priorities, and building effective cross-functional partnerships

Nice to Have

  • ASA credential or meaningful progress toward FSA
  • Deep Medicaid managed care experience, including state program variations, CMS regulations, and actuarial standards of practice (ASOP)
  • Understanding of care delivery models, clinical quality measures, and the relationship between clinical interventions and medical costs
  • Experience building analytical functions from the ground up in early-stage or high-growth companies
  • Genuine commitment to improving care for underserved populations and closing health equity gaps

Benefits

  • Stock Options
  • Work-from-Home Stipend
  • Medical, Vision, and Dental Coverage
  • Life Insurance
  • Paid Time Off
  • Parental Leave
  • Retirement Savings
  • Commuter Benefits
  • Professional Development Stipend

Additional Information

  • Offer of employment is contingent upon successful completion of a background check.
Required Skills
health actuarial science or medical econMedicaidincluding capitationrisk adjustmentMLR requirementsregulatory frameworksactuarialmedical economics methodollargecomplex healthcare datasets health actuarial science or medical econMedicaidincluding capitationrisk adjustmentMLR requirementsregulatory frameworksactuarialmedical economics methodollargecomplex healthcare datasets
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About company
Waymark
Waymark is a mission-driven team of healthcare providers, technologists, and builders working to transform care for people with Medicaid benefits. We partner with communities to deliver technology-enabled, human-centered support that helps patients stay healthy and thrive.
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Posted 2 hours ago