Actuary, Reporting and Healthcare Economics

2 weeks ago

Minneapolis, Minnesota, United States Gravie Full time
Hi, we're Gravie, and we are building the health plan of the future.

For the past few decades, the health insurance industry has evolved to serve the needs of employers, insurance companies, brokers, and (sometimes) doctors and hospitals.

The needs of the consumer, however, have largely been left out of the equation. We're changing that. We are rebuilding the entire health insurance stack, with the consumer as the central focus. Our goal is to create a health plan that people can love.

A Little More About Us:

  • We know healthcare. Our company was founded and is still led by industry veterans who have started and grown several market-leading companies in the space.
  • We are quickly becoming one of the fasting growing health benefits companies in the country, having organically grown revenues by triple digits over the past few years. Also, we were awarded Inc Magazines Best in Business Gold Medal award in 2021.
  • We have raised money from top tier investors who share the same long-term vision as we do of building an industry defining company that will endure over the long run. We are well capitalized.
  • Our customers like us. Our revenue churn is in the single digits, in an industry where greater than 20% churn is common.
  • Our culture is unique. We tend to be non-hierarchical, merit-driven, opinionated but kind people who thrive working in a high-performance, fast-paced environment. People at Gravie care deeply about making a positive impact in the lives of the people we serve. We may not be the right place for everybody, but if you get energized by doing work every day that focuses on putting consumers at the front of the line, we could be a great place for you. It takes unique people and diverse perspectives to deliver our results. We encourage you to be your authentic self - we like you that way.


We're looking for an Actuary, Reporting and Healthcare Economics to report to our Chief Actuary and play a key role in building the function.

You will drive monthly and quarterly analysis of claims experience to drive actionable insights to the business as well as build Gravie's overall understanding of how it's unique product design drives bottom line results.

You will:

  • Drive the development of cost and utilization reporting to better understand drivers of total medical and pharmacy claims, and understanding specifically how those drivers flow through to specific and aggregate stop loss liabilities.
  • Work across the company to provide thought leadership, align stakeholders, build confidence in the reporting models and processes, and incorporate senior leadership feedback.
  • Partner with the insurance accounting function to ensure robust support for specific and aggregate reinsurance coverage offered through Gravie's captive reinsurer.
  • Deliver actionable insights to drive pricing modifications, product design changes, and other business-focused decisions.
  • Prepare, perform and/or review complex actuarial analyses and financial modeling.
  • Perform and/or review IBNP/IBNR liability/reserve development.
  • Seek and provide peer-review to ensure high quality client results.
  • Demonstrate commitment to our core competencies of being authentic, curious, creative, empathetic and outcome oriented.
You bring:

  • A bachelor's degree in Actuarial Science, Mathematics, Statistics or a related field
  • ASA or FSA and a Membership in the American Academy of Actuaries
  • 7+ years of relevant and progressively responsible actuarial experience with medical and/or stop-loss insurance coverages/products
  • Self-motivation and the ability to work both independently and through collaboration with a team
  • The ability to manage complex and multi-layered projects utilizing both internal and external resources
  • The ability to apply actuarial concepts and calculations to diverse situations
  • Excellent verbal and written communication, problem-solving and analytical skills
  • Strong general business acumen
Extra credit:

  • Previous start-up company experience
  • Previous experience with level-funded products
Competitive pay is standard. Our unique benefits program is the gravy, i.e., the special sauce that sets our compensation package apart.

In addition to standard benefits, Gravie's package includes alternative medicine coverage, flexible PTO, 16 weeks paid parental leave, paid holidays, cell phone reimbursement, education reimbursement, and 1 week of paid paw-ternity leave just to name a few.

  • Government Healthcare Actuarial Consultant

    2 weeks ago

    Minneapolis, Minnesota, United States Marsh McLennan Companies Full time

    Description: At Mercer, our purpose is to make a positive difference in people's lives by helping advance their health, wealth, and careers. Mercer is seeking candidates for the Government Healthcare Actuary position. Our primary offices are located in Phoenix, Atlanta, DC, and Minneapolis. Government Healthcare Actuarial Consultant We will count...

  • Actuarial Associate

    1 month ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial has an exciting opportunity for a skilled Actuarial Associate to join our team The individual will perform actuarial tasks with limited manager assistance or supervision. Serve a critical role owning the production of the Statutory, Tax, and Capital (STC) Corporate Actuarial team's quarterly and annual reporting deliverables. Develop...

  • Actuarial Associate

    2 weeks ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial has an exciting opportunity for a skilled Actuarial Associate to join our team The individual will perform actuarial tasks with limited manager assistance or supervision. Serve a critical role owning the production of the Statutory, Tax, and Capital (STC) Corporate Actuarial team's quarterly and annual reporting deliverables. Develop...

  • Actuarial Associate

    4 weeks ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial has an exciting opportunity for a skilled Actuarial Associate to join our team The individual will perform actuarial tasks with limited manager assistance or supervision. Serve a critical role owning the production of the Statutory, Tax, and Capital (STC) Corporate Actuarial team's quarterly and annual reporting deliverables. Develop...

  • Actuarial Analyst

    4 weeks ago

    Minneapolis, Minnesota, United States Allianz Full time

    At Allianz Life, we are driven by our mission - we secure your future - and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue...

  • Actuary | Hybrid

    4 weeks ago

    Minneapolis, Minnesota, United States Allianz Full time

    At Allianz Life, we are driven by our mission - we secure your future - and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue...

  • Assistant Actuary

    4 weeks ago

    Minneapolis, Minnesota, United States Allianz Full time

    At Allianz Life, we are driven by our mission - we secure your future - and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue...

  • Healthcare Economics Consultant

    1 month ago

    Minneapolis, Minnesota, United States Optum Full time

    Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion,...

  • Healthcare Economics Consultant

    4 weeks ago

    Minneapolis, Minnesota, United States Optum Full time

    Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion,...

  • Actuarial Analyst

    4 weeks ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial is looking to add an Actuarial Analyst to the team The individual in this role will perform actuarial tasks with manager assistance or supervision, as well as provide technical analysis and support by modifying, maintaining, operating, and documenting various actuarial models. The individual in this role will also prepare reports, as...

  • Actuarial Analyst

    4 weeks ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial is looking to add an Actuarial Analyst to the team The individual in this role will perform actuarial tasks with manager assistance or supervision, as well as provide technical analysis and support by modifying, maintaining, operating, and documenting various actuarial models. The individual in this role will also prepare reports, as...

  • Healthcare Financial/Actuarial Associate Director, Health

    2 weeks ago

    Minneapolis, Minnesota, United States WTW Full time

    The RoleCandidates in any of the following locations will be considered:Brookfield, WI, Cincinnati, OH, Cleveland, OH, Columbus, OH, Detroit, MI, Indianapolis, IN, Minneapolis, MN, Pittsburgh, PAAs a Healthcare Financial/Actuarial Associate Director you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will lead...

  • Actuarial Director

    5 days ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial has an exciting opportunity for an Actuarial Director to join the team The individual would be responsible for developing, improving, operating, and documenting a variety of sophisticated actuarial models, and reviewing work done by the team. Perform actuarial, financial, and risk analysis, and communicate the results to others across...

  • Director of Actuarial Model Validation

    4 weeks ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial has an exciting opportunity for Director of Actuarial Model Validation to join the team This position will be responsible for leading and implementing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals.Key Responsibilities:Manage a team of quantitative model...

  • Director of Actuarial Model Validation

    1 month ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial has an exciting opportunity for Director of Actuarial Model Validation to join the team This position will be responsible for leading and implementing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals.Key Responsibilities:Manage a team of quantitative model...

  • Staff Actuary

    4 weeks ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial has an exciting opportunity for a Staff Actuary to join our team This individual will be responsible for developing, improving, operating, and documenting a variety of complex actuarial models. You will also perform actuarial, financial, and risk analysis, and communicate the results to others across the company in addition to serving as...

  • Actuarial Analyst

    4 weeks ago

    Minneapolis, Minnesota, United States Allianz Full time

    At Allianz Life, we are driven by our mission - we secure your future - and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue...

  • Director, Economic Policy and Development

    1 month ago

    Minneapolis, Minnesota, United States City of Minneapolis Full time

    Position Description The Economic Development Director develops and implements the City of Minneapolis's economic development strategy by leading the Business Development, Small Business, Licenses & Consumer Services, Employment & Training, and Promise Zone teams. The role involves providing entrepreneurial support, development assistance, and training...

  • Director, Economic Policy and Development

    4 weeks ago

    Minneapolis, Minnesota, United States City of Minneapolis Full time

    Position Description The Economic Development Director develops and implements the City of Minneapolis's economic development strategy by leading the Business Development, Small Business, Licenses & Consumer Services, Employment & Training, and Promise Zone teams. The role involves providing entrepreneurial support, development assistance, and training...

  • Portfolio Design, Analytics,

    1 month ago

    Minneapolis, Minnesota, United States Mercer Full time

    At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We're in the business of creating exciting and rewarding futures for our clients and their employees — whether we're designing affordable health plans, securing finances for retirement or aligning employees with workforce...