Associate Actuary (CMS Regulatory & Bid Pricing)
AllyAlign Health
Associate Actuary
Curana Health is seeking an Associate Actuary to play a critical role in pricing, risk strategy, and financial performance across our Medicare Advantage lines of business. You will play a central role in CMS bid development, risk adjustment strategy, reserve modeling, and regulatory compliance at a company with more than 2,400 employees and significant growth momentum. This is a high-impact opportunity to partner cross-functionally with finance, clinical, compliance, and executive leadership in a rapidly growing, national organization.
Essential Duties & Responsibilities:
- Lead CMS (Centers for Medicare & Medicaid Services) bid development and HPMS (Health Plan Management System) filings for Medicare Advantage plan years
- Build and maintain IBNR reserve modeling and support monthly close and financial reporting cycles
- Perform risk adjustment modeling, HCC analysis, and CMS payment reconciliation
- Monitor and respond to CMS data systems including HPMS, MARx, and RAPS/EDPS
- Support RADV audit preparation and encounter data quality review
- Develop and maintain Part D pricing models and support reconciliation processes
- Translate actuarial findings into clear, actionable insights for non-actuarial stakeholders
- Partner cross-functionally with finance, clinical, compliance, and network teams
- Manage multiple deliverables across competing deadlines including bid season and CMS filing cycles
What Success Looks like:
- Successfully support or lead the CMS bid submission cycle
- Deliver accurate, actionable insights from risk and financial modeling
- Strengthen reserve modeling and reporting processes
- Provide clear, executive-ready recommendations
Qualifications:
- Required Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field
- ASA (Associate of the Society of Actuaries) required
- 5- 8+ years of actuarial experience, with a strong preference for healthcare or managed care settings
- Minimum 2 years of Medicare Advantage health plan experience (required)
- Hands-on experience with CMS bid development and HPMS submissions
- Experience with risk adjustment modeling, HCC analysis, and CMS payment reconciliation
- Advanced proficiency in Excel and actuarial modeling tools
- Experience using SAS, R, Python, or SQL to analyze large healthcare datasets
- Experience working with CMS data systems (HPMS, MARx, RAPS/EDPS)
- Preferred Qualifications:
- FSA and/or MAAA designation
- Experience with ISNP, D-SNP, or dual-eligible populations
- Part D pricing and/or reconciliation experience
- Exposure to RADV audits and encounter data processes
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