VP, Actuary
Company: Cano Health
Location: Miami
Posted on: May 28, 2023
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Job Description:
Overview:Cano Health fosters a culture driven by providing
superior primary care services in the communities we serve, while
forming lifelong bonds with our members. Guided by our mission to
improve the health, wellness, and quality of life of our patients,
Cano Health continues to work towards making a difference in
primary healthcare.At Cano Health, our cultural attributes are to
be patient centered, service focused, results oriented,
trustworthy, transparent, and to continuously improve. Join our
collaborative team, dedicated to the pursuit of excellence in
health and wellness.Cano Health offers competitive salaries,
medical, dental & vision insurance, employee mental health program,
paid time off, paid holidays, 401(k) with employer match, employee
stock purchase program, tuition reimbursement and much more.The
Vice President, Actuary will report directly to the Vice President
of Revenue Accounting and is responsible for providing actuarial
support across a broad range of actuarial and business needs
including developing estimates of reserves required for unpaid
claim liability, including incurred but not reported (IBNR)
reserves for health plan risk contracts. The Actuary will also
assist with the development of other reserve estimates, seasonality
factors, and other actuarial items that ought to be established for
various product lines. The Actuary will work closely and
collaboratively with numerous areas including Accounting, Financial
Planning and Analysis (FP&A), Corporate Finance, and
Legal.Responsibilities: Development of various monthly actuarial
estimates including but not limited to unpaid claims liabilities,
risk adjustments, etc. considering historical trends, seasonality
factors, and other actuarial factors Collaborate closely with and
provide actuarial guidance to Accounting, FP&A, and Corporate
Finance teams to develop financial models for certain assumptions
Build dashboard and insightful financial reporting summaries for
executive management Manage the actuarial process with internal and
external specialists utilizing industry appropriate methodologies
and assumptions Adhere to key internal controls in accordance with
Sarbanes-Oxley rules and regulationsQualifications: Associate of
the Society of Actuaries (ASA) or Fellow of the Society of
Actuaries (FSA), and a Member of the American Academy of Actuaries
Five (5) or more years of relevant healthcare-related actuarial
work experienceCano Health provides equal employment opportunities
to all employees and applicants for employment and prohibits
discrimination and harassment of any type without regard to race,
color, religion, age, sex, national origin, disability status,
genetics, protected veteran status, sexual orientation, gender
identity or expression, or any other characteristic protected by
federal, state, or local laws.
Keywords: Cano Health, Miami , VP, Actuary, Executive , Miami, Florida
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