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Gravie

Vice President, Pricing

Posted 6 Days Ago
Be an Early Applicant
Remote
Hiring Remotely in USA
184K-306K Annually
Senior level
Remote
Hiring Remotely in USA
184K-306K Annually
Senior level
The Vice President of Pricing leads pricing strategy, actuarial modeling, and underwriting support for Gravie's health products, working cross-functionally to ensure competitive pricing and sustainable products.
The summary above was generated by AI
Hi, we’re Gravie. Our mission is to improve the way people purchase and access healthcare through innovative, consumer-centric health benefit solutions that people can actually use. Our industry-changing products and services are developed and delivered by a diverse group of unique people. We encourage you to be your authentic self - we like you that way.
 
A Little More About The role:
We are looking for a Vice President of Pricing.  This is a senior leadership role responsible for leading Gravie’s pricing strategy, actuarial modeling, and underwriting support of its level-funded products offered to small and mid-sized businesses. Reporting to the Chief Actuary, this role works in close partnership with the Data Science and Underwriting teams to ensure competitive, data-driven, and financially sustainable products. This position plays a central role in product development, risk management, and financial performance for Gravie’s employer-based offerings. This role provides a unique opportunity to be innovative and drive sound risk-aware models while creatively imagining cutting edge ways to model & price risk.

Key Responsibilities:
·       Develop, maintain, and review pricing, projection, and underwriting models for Gravie’s level-funded health products.
·       Drive the development of innovative pricing algorithms incorporating the latest predictive modeling techniques, with oversight of the Data Science team, and responsibility for operationalizing new methods at scale.
·       Partner closely with the Underwriting team to ensure alignment of pricing strategy, rating assumptions, risk assessment methodologies, and quoting tools.
·       Provide actuarial guidance on complex underwriting cases and custom client solutions.
·       Incorporate emerging experience, medical/pharmacy cost trends, provider network and contracting strategies (including value-based reimbursement) into pricing and underwriting models.
·       Lead the development of actuarial assumptions used for pricing, underwriting, trend projection, and financial risk assessments.
·       Serve as a key liaison between actuarial, underwriting, product strategy, sales, and finance teams to ensure cohesive and aligned execution of pricing and risk strategies.
·       Support the design and evaluation of innovative new products and funding arrangements that are competitive, compliant, and actuarially sound.
·       Provide actuarial and financial insights to inform provider contracting strategies and value-based arrangements.
·       Partner with Gravie’s healthcare economics team to review analyses of utilization, unit cost drivers, claim trends, and other healthcare expense metrics, in collaboration with underwriting and clinical strategy teams.
·       Lead the development and review of cost/savings analyses for plan design changes and healthcare delivery model innovations.
·       Implement and manage robust peer-review processes to ensure accuracy and quality across all actuarial work products, including those supporting underwriting.
·       Monitor actuarial model performance and recommend improvements as needed to maintain pricing integrity and competitive positioning.
·       Ensure compliance with all applicable regulatory requirements and professional actuarial standards.

You Bring:
·       Fellow of the Society of Actuaries (FSA) strongly preferred; minimum ASA required. Member of American Academy of Actuaries (MAAA) required.
·       12+ years of progressive actuarial experience, with deep expertise in employer-sponsored health plans, self-funded medical pricing, and stop-loss insurance.
·       Demonstrated experience collaborating directly with underwriting teams to develop pricing strategies and custom risk solutions.
·       Strong technical background in actuarial modeling, healthcare trend analysis, and financial forecasting.
·       Exceptional communication and interpersonal skills with the ability to influence across technical and non-technical audiences.
·       Proficiency with actuarial software and data analysis tools (e.g., Excel, SQL, SAS, and/or Python).

Extra Credit:
·       Experience with change management, transformation and start-up strongly preferred.
·       Experience in reinsurance or alternative funding arrangements.
·       Successful track record in new product development for employer health markets.
·       An advanced degree (MBA, MHA, MPH) is a plus.
 
Gravie:
In order to transform health insurance and build a health plan everyone can love, we need talented people doing amazing work. In exchange, we offer a great overall employee experience with opportunities for career growth, meaningful mission-driven work, and an above average total rewards package.
 
The salary range for this position is $183,750 - $306,250  annually. Numerous factors including, but not limited to, educations, skills, work experience, certifications, etc. will be considered when determining compensation.  In addition to base salary, this position is also eligible to participate in Gravie’s annual bonus program. Stock options may also be awarded as part of the compensation package.
 
Our unique benefits program is the gravy, i.e., the special sauce that sets our compensation package apart. In addition to standard health and wellness benefits, Gravie’s package includes alternative medicine coverage, flexible PTO, up to 16 weeks paid parental leave, paid holidays, a 401k program, cell phone reimbursement, transportation perks, education reimbursement, and 1 week of paid paw-ternity leave.
 
A Little More About Us:
·       We know healthcare. Our company was founded and is still led by industry veterans who have started and grown several market-leading companies in the space.
·       We have raised money from top tier investors who share the same long-term vision as we do of building an industry defining company that will endure over the long run. We are well capitalized.
·       Our customers like us. Our revenue churn is in the low single digits, in an industry where greater than 20% churn is common.
·       Our culture is unique. We tend to be non-hierarchical, merit-driven, opinionated but kind people who thrive working in a high-performance, fast-paced environment. People at Gravie care deeply about making a positive impact in the lives of the people we serve. We may not be the right place for everybody, but if you get energized by doing work every day that focuses on putting consumers at the front of the line, we could be a great place for you. It takes unique people and diverse perspectives to deliver our results. We encourage you to be your authentic self – we like you that way.

Top Skills

Excel
Python
SAS
SQL

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