Head of Actuarial Analytics

Head of Actuarial Analytics

This job is no longer open
Our mission: to eliminate every barrier to mental health. 

Spring Health is a comprehensive mental health solution for employers and health plans. Unlike any other solution, we use clinically validated technology called Precision Mental Healthcare to pinpoint and deliver exactly what will work for each person  — whether that’s meditation, coaching, therapy, medication, and beyond. 

Today, Spring Health equips over 800 companies, from start-ups to multinational Fortune 500 corporations, as a leading and preferred mental health service. Companies like General Mills, Guardian, Bain, and Instacart use the Spring Health platform to provide mental health services to thousands of their team members globally. We have raised over $300 million from prominent investors including Kinnevik, Tiger Global, Northzone, RRE Ventures, Rethink Impact, Work-Bench, William K Warren Foundation, SemperVirens, Able Partners, True Capital Ventures, and a strategic investor, Guardian Life Insurance. Thanks to their partnership, our current valuation has reached $2 billion.

Ready to do the most impactful work of your life? Learn more about what motivates us and the ways we work to see if this is the right place for you: Our Values

We are looking for a Staff Actuary/Health Economist to join our Data Science team. You will be responsible for technical roadmapping and thought leadership on healthcare economics and return on investment of Spring Health services. You will work in concert with internal and external resources including third party consultants to lead projects estimating the financial value of Spring Health services to our customers, and performing financial forecasting to build pricing models and value proposition assessments. Internally, you will collaborate with a team of data scientists, product managers, psychologists, and psychiatrists. You will use statistics and visualization tools to turn real-world insurance claims and clinical data into actionable insights for Spring, our customers, our members, and their associated health plans.
 
We are creating the future of mental healthcare: within your first year, you’ll discover something no human ever knew before about mental health.

What you’ll be doing:

    •  Build upon and expanding existing internal and external ROI analyses to quantify Spring Health’s impact on medical and workplace spend
    • Identify data-driven product enhancement opportunities from the lens of financial ROI and present recommendation to senior leaders
    • Lead financial forecasting and scenario modeling to develop new and improved payment models for Spring services
    • Lead development of prospect financial value proposition assessments
    • Collaborate with internal and external stakeholders to support ROI, sales,and product initiatives

What we expect from you:

    • Degree in statistics, health economics, actuarial sciences, or related field
    • Knowledge of, or experience in, the employer benefits or payor space
    • ASA to FSA or health economist or applied healthcare statistician with 5-10 years of relevant experience 
    • Experience working with  medical claims data
    • Track record of interprofessional collaboration and ability to communicate effectively with multiple stakeholders with widely varying levels of technical expertise
    • Strong presentation skills — fluently tell a compelling clinical or business story with data
    • Strong written communication skills 
    • Experience leading/mentoring junior data analysts
    • Experience working cross-functionally 
    • Experience working with external stakeholders (clients, consultants)

What we’d love to see:

    • Demonstrated passion for, and understanding of, mental illness and broader U.S. healthcare system
    • Expertise in causal inference or related methods for observational study designs and financial outcomes evaluations
    • Experience in building forecasting models
    • Experience with predictive modeling
    • Fluency in a statistical programming language (R, python, or equivalent)
    • Experience with Git, SQL, and other data science toolkits
    •  Experience using data visualization techniques to present key findings
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Don’t meet every requirement? Studies have shown that women, communities of color and historically underrepresented talent are less likely to apply to jobs unless they meet every single qualification. At Spring Health we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we strongly encourage you to apply. You may be just the right candidate for this or other roles!

Benefits of working at Spring Health:
 
Focus on total health including:
Generous medical, dental, vision coverage available day 1 + access to One Medical
12 yearly no-cost visits to the Spring Health network of therapists and medication management providers for you and your dependents
Unlimited paid time off in addition to 12 paid holidays throughout the year
4-4.5 months of fully paid parental leave 
$500 per year Wellness Reimbursement
 
Supporting you financially through:
Our People team benchmarks all salaries to ensure all team members are paid competitively. On top of a competitive salary, Spring Health offers stock options that begin vesting one year into your role at the company
Employer sponsored 401(k) match of up to 2% after 90 days of employment

Creating a culture you can thrive in:
Flexible work arrangements: 60% of Spring Health team members work fully remote while 40% work in a hybrid model from our New York City offices
Calm Fridays: no meetings, no distractions, just time for you to get work done.
$200 per year donation matching to support your favorite causes
Our team members have created five employee resource groups thus far and looking to add on more
 
In addition to finding people who are truly excellent at what they do, we take our values at Spring Health seriously:
Members Come First We are genuine member advocates.
Move Fast to Change Lives We build with urgency and intention.
Take Ownership We extend trust and hold ourselves accountable.
Embrace Diverse Teams & Perspectives We find strength in the diversity of cultural backgrounds, ideas, and experiences.
Science Will Win We will achieve impact by innovation and evidence based frameworks.
Candor with Care We are open, honest and empathetic.
 
Ready to do the most impactful work of your life? Learn more about what motivates us and the ways we work to see if this is the right place for you: Our Values

Spring Health is proud to be an equal opportunity employer. We do not discriminate in hiring or any employment decision based on race, color, religion, national origin, age, sex, marital status, ancestry, disability, genetic information, veteran status, gender identity or expression, sexual orientation, or other applicable legally protected characteristic. We also consider qualified applicants regardless of criminal histories, consistent with applicable legal requirements. Spring Health is also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you have a disability or special need that requires accommodation, please let us know.

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