Sr. Manager, APM Modeling & Analytics
We’re a team of fiercely driven individuals committed to making healthcare more sustainable—and we’re looking for passionate people to help us get there.
For more information, visit arcadia.io
Why This Role Is Important to Arcadia
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.
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You will not simply advise on strategy — you will own the math.
This includes full accountability for:
This role requires deep understanding of CMS and other VBC models, expertise working with CMS data (e.g., VRDC, CCLF, BCDA), strong coding skills (e.g., SAS, Python, SQL), exceptional attention to detail in building and validating complex financial models at scale, and leadership in establishing and enforcing validation and quality assurance controls.
- Develop deep working knowledge of CMS LEAD model methodology and financial mechanics
- Contribute to Arcadia’s market communications on the CMS LEAD model (e.g., whitepaper, customer discussions)
- Gain hands-on access to VRDC data sources and Arcadia’s data ingestion processes
- Understand existing Arcadia APM calculation logic and identify improvement opportunities
- Establish coding standards and validation protocols for actuarial model governance
In 6 months
- Develop CMS LEAD model financial calculations and underwriting framework in collaboration with actuaries
- Fully own other existing Arcadia CMS APM solutions (e.g., MSSP)
- Serve as the internal subject matter expert for CMS APM financial modeling
- Build reproducible, well-documented SAS and Python pipelines for:
- Customer data ingestion
- Benchmark construction
- Risk score development and normalization
- Trend and PMPM projections
- Savings/loss simulations
- Implement multi-layer QA processes and reconciliation procedures
In 12 months
- Deliver production-ready, validated CMS LEAD model outputs to clients
- Be recognized as Arcadia’s enterprise leader for APM financial modeling
- Establish formal governance for underwriting assumptions and change control
- Drive measurable financial accuracy and performance improvement across engagements
- Influence product roadmap to ensure actuarial precision is embedded in platform design
What You'll Be Doing
- 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
Quality & Validation Leadership
APM Model Ownership
CMS VRDC & Other Data Technical Execution
What You'll Bring
- 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
Would Love For You 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
What You'll Get
- Opportunity to lead Arcadia’s most high-profile client partnerships, influencing the direction of our actuarial strategy and product innovation
- A seat at the table with Arcadia’s executive leadership, shaping the future of value-based care analytics in the U.S.
- Direct access to one of the industry’s largest and most comprehensive healthcare data assets to support groundbreaking actuarial work
- A mission-driven culture with the agility of a tech company and the stability of a market leader
- A flexible, remote friendly company with personality and heart
- Employee driven programs and initiatives for personal and professional development
- Be a member of the Arcadian and Barkadian Community
Perks and Benefits
Health and Wellness
- Pet Insurance
- Health Insurance
- Dental Insurance
- Vision Insurance
- FSA
- HSA
- HSA With Employer Contribution
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Fitness Subsidies
- Mental Health Benefits
Parental Benefits
- Family Support Resources
- Non-Birth Parent or Paternity Leave
- Adoption Leave
- Fertility Benefits
- Birth Parent or Maternity Leave
Work Flexibility
- Hybrid Work Opportunities
- Flexible Work Hours
- Remote Work Opportunities
Office Life and Perks
- Casual Dress
- Pet-friendly Office
- Snacks
- Company Outings
- Commuter Benefits Program
Vacation and Time Off
- Paid Vacation
- Unlimited Paid Time Off
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
Financial and Retirement
- 401(K) With Company Matching
- 401(K)
- Performance Bonus
Professional Development
- Work Visa Sponsorship
- Promote From Within
- Access to Online Courses
- Lunch and Learns
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
Company Videos
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