What are the responsibilities and job description for the Actuarial Director position at Thyme Care?
Job Description
Job Description
OUR MISSION
Imagine building a better healthcare journey for patients with cancer, where individuals and their loved ones feel seen, supported, and heard by their care team – both in and out of the clinic. Where fast access to high-quality care is the norm, not the exception. Where patients have access to a care navigator to guide them through their diagnosis and trusted support all along the way.
At Thyme Care, we share a passion for transforming the cancer care experience – not just for patients but also for their caregivers and loved ones, as well as those delivering and paying for their care. Today, Thyme Care is known predominantly as a cancer care navigation company enabling value-based cancer care; in the next few years, we will become a nationally recognized technology-driven and provider-centric care delivery model, reshaping the landscape of cancer care access, delivery, and experience. Our commitment runs deep—we're not satisfied with the status quo but determined to redefine it.
To make this happen, we're building a diverse team of problem solvers and critical thinkers to drive innovation and shape the future of healthcare. If you share our vision and want to be part of something truly meaningful, we want to hear from you. Together, we can revolutionize cancer care and make a difference that lasts a lifetime.
WHAT YOU'LL DO
Reporting into the VP of Health Economics, you will lead the actuarial function at Thyme Care and take on ownership of all forecasting, contract reconciliations and reserving activities in the organization. This is a high profile position that will regularly collaborate with the C-suite. The responsibilities of the Actuary Director include :
- Lead the development and reporting of Thyme Care's total cost of care savings forecasts, ensuring the accuracy of the underlying data and methodological consistency with actuarial standards.
- Lead annual financial reconciliations of Thyme Care's value-based contracts, coordinating internal data resources to execute reconciliation and directly interfacing with actuarial counterparts at existing customers to validate results.
- Provide guidance on performance forecasts credibility and risks, and advise Finance teams on revenue realization decisions tied to projected shared savings.
- Help identify and evaluate areas of potential underperformance, providing interpretation of results and partnering with clinical teams to find root causes of emerging issues.
- Build an actuarial team, developing staff and team capabilities while ensuring business needs or requirements are met.
- Execute actuarial analyses and develop models that allow Thyme Care to quantify the financial and risk trade-offs between different contract features in value-based arrangements.
- Support the development and maintenance of financial models that map the organization's clinical and operational activities to outcomes that drive Thyme Care's financial performance.
WHAT YOU'VE DONE
WHAT LEADS TO SUCCESS
OUR VALUES
At Thyme Care, our core values guide us in everything we do : Act with our members in mind, Move with purpose, and Seek diverse perspectives. They anchor our business decisions, including how we grow, the products we make, and the paths we choose—or don't choose.
Our salary ranges are based on paying competitively for our size and industry, and are one part of the total compensation package that also includes equity, benefits, and other opportunities at Thyme Care. Individual pay decisions are based on several factors, including qualifications, experience level, skillset, geography, and balancing internal equity relative to other Thyme Care employees. In accordance with New York City law, the base salary for this role, if filled within New York City, is $190,000-$220,000. The salary range could be lower or higher than this if the role is hired in another location or at another level.
We recognize a history of inequality in healthcare. We're here to challenge the status quo and create a culture of inclusion through the care we give and the company we build. We embrace and celebrate a diversity of perspectives in reflection of our members and the members we serve. We are an equal-opportunity employer.
Be cautious of recruitment fraud , and always confirm that communications are coming from an official Thyme Care email.
Salary : $190,000 - $220,000
