A recent study shows that men apply for a job or promotion when they meet only 60% of the qualifications, but women and other marginalized groups apply only if they meet 100% of them. So, if you think you’d be a great fit, but don’t necessarily meet every single requirement on one of our job openings, please still apply. We’d love to consider your application!

Why Wayspring?

We are passionate about breaking barriers alongside those facing substance use disorder. Whether you’re in the field or in the corporate office – our mission is felt, and your impact is recognized. There is no inner circle, and we all have a seat at the table. Leaders are accessible and silos are avoided. We respect your craft and love to be challenged. We invest not only in our mission, but in each other. Internal promotions and cross departmental training are the norm – you grow, we grow. At Wayspring, we don’t just see you as an employee, we see you for who you are. a whole-person – with hobbies, pets, families, and lives outside of work. Our flexible schedule and flexible work environment options help you to create and maintain the work-life balance you need most.

Wayspring offers personalized services to help patients navigate a fractured ecosystem to receive quality treatment, improving outcomes for Wayspring client groups. By leveraging services grounded in analytics, Wayspring identifies patients at risk, prevents escalation in their condition, and supports appropriate substance use disorder treatment and adherence. Wayspring’s high-touch, community-based approach spans from risk to recovery to deliver measurable clinical and financial outcomes for our health plan clients.

Overview of the Actuary

Wayspring is looking for an Actuary to help build our actuarial reporting function! The Actuary will continue to pursue an ASA or FSA designation while bringing analytical and technical experience to the team. Under the actuarial VP, this individual will lead a wide variety of actuarial responsibilities – trending, pricing, IBNR modeling, savings analysis, etc.

Responsibilities of the Actuary

• Monitors, modifies, and identifies abnormalities in eligibility and claims data sets.
• Develops basic understanding of the actuarial related concepts and requirements and relevant business processes needed.
• Develops spreadsheet and/or database tools used to manage, analyze, and report data.
• Ensures work is accurate and efficient using existing procedures, documents analysis and processes.
• Gathers, prepares, and presents data and review for reasonableness.
• Generates reports through excel, conducts reasonableness checks and offers insights independently to drive processes forward.
• Independently creates, maintains, and enhances calculation spreadsheets used to validate or supplement actuarial-related or system-generated values.
• Utilizes spreadsheets, accountable for detailed and complex manual calculations to provide actuarial, product and/or policy support to other departments.
• Independently automates departmental processes to improve efficiency and accuracy as assigned.
• Assists with special projects and/or initiatives as required.
• Works with the manager to effectively plan and prioritize your own work in accordance with broader team or department objectives and priorities. Complete projects on time and with high standards and accuracy.
• Seeks to understand the “why” behind an analysis and generates ideas outside of specific request.
• Develops and maintains effective business relationships with both internal and external stakeholders.
• Leads trend analysis and pricing activities across all market segments in which Wayspring participates.
• Administers cost modeling and healthcare cost profits within claims and eligibility files.
• Leads IBNR reporting and other relevant accrual submissions.
• Leads program savings analysis and other ad hoc analytic and actuarial requests.
• Adhere to Wayspring information security and privacy requirements.

Requirements & Preferred Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field
• Associated of the Society of Actuaries required, passing of all ASA requirements completed
• 6+ Years Experience Required
• Programming Experience Required; SQL Preferred
• Microsoft Excel experience is required
• Strong analytical skills
• Strong communication skills

Company and Benefit Summary

Wayspring has reimagined substance use disorder treatment. We provide individualized care, delivered with a peer-centered approach. We focus on making sure patients have their basic needs met, like access to care, economic stability, and connection to relationships and community. Then we help each person find their own way to wellness.

• Medical, Dental and Vision Insurance Options
• Company funded HSA
• Monthly Gym Allowance
• Paid parental leave – all parents included!
• Company paid short term disability, long term disability and life insurance.
• Generous 401k match
• Premium Employee Assistance Program, inclusive of counseling sessions
• Company Contributions to Future Minded Savings (think 529, HSA, Student Loan Reimbursement, and Emergency savings fund)
• Generous PTO package (accrual policy based on years of service) and an additional 10 paid company holidays.

At Wayspring, we are committed to furthering our value of Equity & Inclusion throughout our recruiting practices. We seek diversity of background and opinion, as we think these attributes improve the performance of our company and are the right thing to do for our communities. We recognize and remove barriers to success within our company and communities. We seek to build a recruiting process that is inclusive and fosters diversity.