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The Chief Actuary at Aledade is a key leadership position responsible for leading the actuarial function at Aledade. There are three primary functions, and two secondary activities. The primary functions are: (1). Forecasting. Looking across all of Aledade's business, predict revenue and costs at various timescales, and build statistical models to determine how variable this forecast is. (2). Reserving. Working closely with our Strategic Payer Partnership and Finance teams, develop a strategy for Aledade to satisfy financial reserve / letters of credit requirements from health plans and lead actuarial negotiations. (3). Contracting. Develop the actuarial machinery to evaluate the financial terms of contracts with health plans, including assessing the financial risk and the impact that this contract will have on our reserving requirements. There are two secondary functions: (a). Benchmarking / market intelligence. Understand actuarial trends of Aledade peer companies, health plans, and other relevant market participants. Translate those trends into (i) assumptions that feed the short and long-run forecasts and that inform resource planning and (ii) implications to inform Aledade's operations. (b). Medical Economics Unit. Build the capacity to understand the key drivers of costs in Aledade's "at risk" population and formally track efforts at Aledade to impact those trends, which impacts forecasting. As a senior leader at Aledade, the Chief Actuary will actively promote a culture that aligns with Aledade and team values, and will coach and mentor other team members - both within Analytics and the broader company.
