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Arcadia is expanding its leadership in advanced alternative payment models (APMs), including CMS’ newly announced LEAD Model and other value-based initiatives. This role will report directly to the Chief Actuary, and serve as the enterprise owner of APM solutions, ensuring technical rigor and financial accuracy across our most strategic engagements. You will not simply advise on strategy — you will own the math.
Job Responsibility:
Own end-to-end financial modeling for CMS LEAD and other APMs
Translate CMS technical specifications into production-grade actuarial models
Develop and maintain benchmark, attribution, risk adjustment, and reconciliation logic
Ensure integrity of actuarial inputs (e.g., underwriting methodology, pricing assumptions) in value-based contract modeling
Identify model vulnerabilities and proactively mitigate financial exposure
Work directly with CMS VRDC data environments to extract, structure, and analyze Medicare claims and enrollment data
Write production-level SAS and Python code to process large claims datasets, facilitate risk-adjustments, calculate, risk adjust, and project PMPM benchmarks, run sensitivity testing, conduct reconciliation and true-up calculations
Ensure compliance with CMS methodological guidance
Validate data integrity prior to model production
Establish independent validation standards and ensure consistent adherence to these standards across the enterprise
Create automated testing scripts and exception reporting to implement validation checks, parallel runs, and reconciliation frameworks
Maintain version control, documentation, and auditability of all models at a sufficiently robust level to enable audits or CMS review
Requirements:
Bachelor's Degree in related Data Science, Actuarial Science, Finance, Economics or related field
Minimum of 6 years of healthcare experience, with a focus on CMS APMs, value-based contracting and analytics
Strong accountability, intellectual curiosity, and customer satisfaction mindset
Experience modeling and evaluating key financial parameters within value-based contracts for health plan or provider
Experience with database querying (SAS, SQL, Python), Amazon Quick Site or BI Tool equivalent
Nice to have:
Actuarial experience or experience supporting actuaries with CMS/CMMI Models (LEAD, TEAM, ACCESS, MSSP, etc.)
Consulting experience with deadline-driven project management accountability and effective communication of complex, technical topics to health plan or provider stakeholders
Hands on experience developing and overseeing product roadmap related to VRDC assets