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Virta Health

Staff Actuary

Posted 13 Days Ago
Be an Early Applicant
Remote
Hiring Remotely in USA
177K-228K Annually
Expert/Leader
Remote
Hiring Remotely in USA
177K-228K Annually
Expert/Leader
Leads Virta’s actuarial and financial value strategy, including ROI and savings methodologies, performance guarantees, value-based contracts, pricing, and risk arrangements. Analyzes medical and pharmacy claims, translates clinical outcomes into financial value, supports sales and client discussions, evaluates healthcare trends, builds scalable actuarial tools and standards, and mentors actuarial talent.
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Virta Health is on a mission to reverse metabolic disease in one billion people. Current treatment approaches aren’t working—over half of US adults have either type 2 diabetes or prediabetes, and obesity rates are at an all-time high. Virta is changing this by helping people reverse their metabolic condition through innovations in technology, personalized nutrition, and virtual care delivery reinvented from the ground up. We have raised over $350 million from top-tier investors, and partner with the largest health plans, employers, and government organizations to help their employees and members restore their health and take back their lives. Join us on our mission to reverse metabolic disease in one billion people.

This Staff Actuary will lead the actuarial thinking behind some of Virta’s most important commercial and strategic decisions. Sitting on the Commercial Analytics team within our Product Development organization, this role is uniquely positioned to connect Virta’s clinical outcomes and data with the financial value we deliver to our clients. You’ll shape how we quantify and communicate ROI, design innovative performance guarantees and risk arrangements, and bring an actuarial perspective to the development and commercialization of Virta’s products. This is a highly visible, hands-on role for a commercially minded actuary who wants to go beyond traditional modeling – using data, judgment, and storytelling to influence decisions across Commercial Leadership, Product Marketing, Sales, Customer Success, and our Executive Leadership Team.

Responsibilities
  • Own Virta’s actuarial and financial value strategy. Lead the evolution of Virta’s core savings, ROI, and actuarial methodologies, working hands-on with medical and pharmacy claims and other healthcare data to translate Virta’s clinical outcomes into credible and compelling financial impact.

  • Design performance guarantees and risk arrangements. Develop and evaluate performance guarantees, value-based contracts, and other innovative structures that balance compelling client value with responsible financial risk for Virta.

  • Shape product and commercial strategy. Partner closely with Commercial Leadership, Product Marketing, Sales, Customer Success, and Executive Leadership to bring an actuarial perspective to new products, pricing, benefits, and go-to-market strategies, turning complex questions into rigorous analyses and clear, actionable recommendations.

  • Bring actuarial credibility to the market. Serve as Virta’s senior actuarial authority in support of strategic sales, renewal, and client conversations, clearly communicating Virta’s economic value to sophisticated audiences including employers, health plans, consultants, and actuaries.

  • Evaluate emerging healthcare trends. Identify and evaluate the financial implications of changing healthcare utilization, pharmacy economics, GLP-1s, and other market dynamics that affect our clients and products.

  • Build for scale. Define enterprise standards for reusable models, methodologies, tools, and processes that make actuarial expertise accessible across Virta and reduce reliance on one-off analyses.

  • Raise the analytical bar. Establish & uphold rigorous approaches to financial modeling and ensure Virta’s actuarial claims and methodologies are transparent, defensible, and grounded in evidence.

  • Mentor and develop actuarial talent. Serve as a technical mentor and trusted resource for actuarial and analytics team members, providing coaching, reviewing complex work, and helping shape career development and growth plans for actuarial talent at Virta.

90 Day Plan

Within your first 90 days at Virta, we expect you will do the following:

First 30 days: Learn & connect

  • Build a deep understanding of Virta’s products, commercial model, savings methodologies, performance guarantees, and actuarial strategy.

  • Build relationships with key cross-functional partners and begin shadowing client, prospect, and consultant conversations to understand Virta’s value proposition, common market questions, and client needs.

By 60 days: Own & contribute

  • Begin independently owning key actuarial analyses and contributing as the actuarial voice in select client, sales, and renewal conversations.

  • Identify opportunities to strengthen Virta’s ROI methodologies, performance guarantee strategy, and use of AI and automation within actuarial workflows.

By 90 days: Lead & represent

  • Independently support sales pitches and Customer Success conversations, confidently communicating Virta’s financial value and responding to sophisticated actuarial, ROI, and methodology questions.

  • Establish clear priorities for advancing Virta’s actuarial value strategy, while serving as a trusted thought partner and mentor to actuarial and analytics team members.

Must-Haves
  • Actuarial expertise: FSA or ASA designation with 12+ years of relevant experience in healthcare actuarial work, healthcare economics, consulting, payer strategy, employer benefits, or a related field.

  • Healthcare value and claims expertise: Deep experience using medical and pharmacy claims to measure healthcare cost savings and demonstrate the economic value of value-based care models, with the ability to translate complex analyses into credible client and market-facing narratives.

  • Hands-on technical fluency: Comfortable working directly with data and building analyses, including strong SQL skills and the ability to independently navigate complex healthcare datasets. Willing to roll up your sleeves and get into the details when needed.

  • AI-forward mindset: Ability to leverage AI and emerging tools to accelerate analysis, improve workflows, and increase the quality and scalability of your work.

  • Commercial and strategic judgment: Experience translating complex actuarial and financial analyses into business recommendations, including evaluating performance guarantees, value-based arrangements, pricing strategies, or financial risk.

  • Influential communicator: Ability to make complex quantitative concepts clear and compelling for audiences ranging from actuaries and analytics teams to clients, commercial leaders, and executives.

Values-driven culture

Virta’s company values drive our culture, so you’ll do well if:

  • You put people first and take care of yourself, your peers, and our patients equally

  • You have a strong sense of ownership and take initiative while empowering others to do the same

  • You prioritize positive impact over busy work

  • You have no ego and understand that everyone has something to bring to the table regardless of experience

  • You appreciate transparency and promote trust and empowerment through open access of information

  • You are evidence-based and prioritize data and science over seniority or dogma

  • You take risks and rapidly iterate

Is this role not quite what you're looking for? Join our Talent Community and follow us on Linkedin to stay connected!

Virta has a location based compensation structure. Starting pay will be based on a number of factors and commensurate with qualifications & experience. For this role, the compensation range is $176,599 - $228,000 per year. Information about Virta’s benefits is on our Careers page at: https://www.virtahealth.com/careers.

As part of your duties at Virta, you may come in contact with sensitive patient information that is governed by HIPAA. Throughout your career at Virta, you will be expected to follow Virta's security and privacy procedures to ensure our patients' information remains strictly confidential. Security and privacy training will be provided.

As a remote-first company, our team is spread across various locations with office hubs in Denver and San Francisco.

Clinical roles: We currently do not hire in the following states: AK, HI, RI

Corporate roles: We currently do not hire in the following states: AK, AR, DE, HI, ME, MS, NM, OK, SD, VT, WI.

Virta uses Ashby as its applicant tracking system, which incorporates AI-powered tools (provided by OpenAI, AWS, and Google Gemini) in certain aspects of the recruiting process, including application review, candidate screening, and interview note taking; your data is not used to train AI models, and all final hiring decisions are made by Virta Health personnel. For more information, see Ashby's AI Terms at https://www.ashbyhq.com/resources/terms-ai-features

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