Devoted Health

Associate Director, Medicare Advantage Bid Strategy & Analytics

Devoted Health$129K — $193K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-8 years of experience in Medicare Advantage or actuarial consulting firms
  • Strong modeling skills for analytical frameworks and bid data interpretation
  • Fluent in SQL for complex queries and data architecture analysis
  • Proficient in Python for automation and data manipulation
  • Experience with Medicare Advantage bid mechanics and financial modeling processes
  • Independent worker with keen business judgement and adaptability to ambiguity
  • Understanding of MA benefit design and its regulatory context

Responsibilities

  • Develop and maintain financial models linking benefit decisions to plan economics
  • Pressure-test benefits across markets to identify and mitigate risk exposure
  • Monitor CMS regulations and interpret their impacts on benefit strategies
  • Build and refine algorithms for generating benefit values at scale
  • Support new product development and financial viability assessments
  • Evaluate plan decisions with a focus on financial implications and market strategy
  • Write and maintain SQL for benefit calculation systems and improve analytical workflows

Benefits

  • Employer sponsored health, dental and vision plan with low or no premium
  • Generous paid time off
  • $100 monthly mobile or internet stipend
  • Stock options for all employees
  • Bonus eligibility for all roles excluding Director and above
  • Parental leave program
  • 401K program
Full Job Description
Job Description

A Bit About This Role:

We are seeking a highly skilled and analytically driven Medicare Advantage Bid Strategy & Analytics Associate Director to join the team responsible for designing, pricing, and optimizing Devoted Health's MA benefit portfolio. This individual will play a critical role in benefit design, financial modeling, competitive positioning, and the analytical work that drives sound bid decisions across a large, complex, multi-state plan portfolio. This role reports to the Senior Director, Medicare Product Strategy and Analytics.

This is true end-to-end product ownership - from 1,000-foot strategic framing all the way down to the individual benefit parameters on individual plans - and you need to be excellent at both. The ideal candidate thrives in a fast-paced, analytically demanding environment, is eager to make a meaningful impact, and is equally at home building a financial model, writing production SQL, and presenting a recommendation to the executive team.

This role will play an integral part in our annual plan bid and will collaborate regularly with executive leadership, actuarial, and finance on product design strategy, financial sustainability, and competitive positioning. You will take direct ownership of the benefit design and financial analytics workstreams that sit at the heart of what we bring to market each year.

Your Responsibilities and Impact Include:

Financial Modeling & Bid Analytics
  • Financial modeling: Develop and maintain bid financial models connecting benefit decisions to plan economics: MCR analysis, PMPM normalization, plan-absorbed benefit value estimation, and version-over-version delta tracking across pricing iterations
  • Scenario testing: Pressure-test benefits across markets to identify pockets of adverse selection risk; quantify the financial exposure and recommend design adjustments to improve risk posture and protect plan performance
  • Environmental analysis: Monitor CMS regulations, payment methodologies, risk adjustment updates, and Stars payment changes for downstream impact on benefit strategy and plan economics; provide executive-level interpretation of what changes mean for our portfolio


Benefit Design & Product Development
  • Plan design: Build and refine the algorithms that generate benefit values across hundreds of PBPs - translating high-level strategic intent into precise, implementable benefit logic at scale, and identifying and resolving the edge cases those algorithms surface
  • Strategic assessments: Support new product and plan flavor development from opportunity sizing and financial viability assessment through full benefit build-out: doing the analytical groundwork that makes leadership decisions possible, then executing implementation once direction is set


Competitive Strategy & Market Analytics
  • Market analysis: Evaluate plan portfolio decisions with full financial and competitive context: plan terminations and crosswalks, Stars implications, market entry and exit tradeoffs, and the member impact of structural product changes
  • Insights communication: Synthesize analytically complex findings into clear, decision-enabling recommendations for senior leadership and the executive team


Technical Build & Analytical Infrastructure
  • Technical build: Write and maintain production SQL (Snowflake) supporting the benefit cascade system: multi-CTE pipelines for plan benefit calculations, lead/non-lead enforcement logic, MCR-driven benefit deterioration and enrichment, and bid review outputs
  • Process improvement: Build Python scripts and automation workflows that reduce manual effort in the bid cycle - benefit workbook generation, data validation, and analytical tooling that scales with a growing plan portfolio
  • AI scaling: Use AI tools - including agentic workflows and AI coding assistants - as a core part of how you work; actively contribute to how the team evolves its use of AI to automate, scale, and improve bid operations


Required Skills and Experience:
  • Direct Medicare Advantage bid mechanics experience - you understand BPTs, how the bid math works, what MCR means and how it constrains benefit decisions. This is the foundation of the role and hard to teach; you need to come in with it.
  • 5-8 years of relevant experience at a Medicare Advantage health plan or actuarial/consulting firm (Milliman, Wakely, Oliver Wyman, or similar).
  • Able to operate independently from day one, demonstrating strong business judgement and comfort with ambiguity
  • Strong modeling skills: you build analytical frameworks from scratch, interpret complex bid and actuarial data, conduct benefit scenario analyses, and translate findings into strategy - pairing technical depth with executive-level "so what"
  • SQL fluency - you write complex queries, debug multi-CTE pipelines, and reason about data architecture in the context of a benefit calculation system
  • Python proficiency - you build scripts, automate analytical workflows, and work with structured data without hand-holding
  • A proactive and adaptable mindset; the ability to thrive in a fast-moving, entrepreneurial environment where the work is rarely fully defined before it starts


Desired Skills and Experience:
  • Familiarity with MA benefit design: cost-sharing structures, benefit category logic, and how individual benefit decisions interact with plan economics and CMS requirements
  • Familiarity with Stars, QBP eligibility, and the downstream plan portfolio implications of rating changes
  • Experience building or working within automated benefit generation systems, cascade pipelines, or large-scale bid tooling
  • ASA or FSA designation is not required, but candidates with actuarial training who have decided they want strategy and product work over pure pricing are a strong fit and a profile we actively welcome


Who You Are:
  • You find the Medicare Advantage ecosystem genuinely interesting - how the incentives work, why the rules are structured the way they are, what competitors are actually optimizing for. You want to understand the system, not just work within it.
  • You run fast at challenges and make well-reasoned calls with incomplete information, label your assumptions explicitly, and update when better data arrives. You can swag an order-of-magnitude estimate and know when that's the right tool.
  • You care about being right at the strategy and individual PBP level
  • You are equally at home building the financial and strategic case for a new product and auditing a CTE chain for a materiality bug. The altitude shifts constantly; you shift with it. Full altitude range:
  • You translate analytically complex work into tight, decision-enabling output for executives


A Note on This Role:

This team is small, high-output, and operates without a lot of process overhead. We move fast during bid season, hold each other's work to a high standard, and nobody is above any task. That's intentional - it's what makes the team operate at the level it does.

It's also genuinely fun. Medicare Advantage bid strategy at Devoted is a team sport - the kind where you're building something complex together in real time, where the best ideas come out of the group, and where the relationships on the team are as much a part of the work as the bid mechanics. We are a highly collaborative remote team that is in constant communication, moves fast together, and genuinely enjoys working with each other.

The person who thrives here is curious and energized by working closely with a tight-knit group. If you want to be part of a team where people are genuinely invested in each other's work and where collaboration is the default mode, not the exception, this is that.

If you are looking for a role where you will do some of the most strategically consequential and technically demanding work in Medicare Advantage - with real ownership, direct visibility to the executive team, and a team that will push you and have your back - we'd like to talk.

Salary range: $129,000 - $193,000 annually

#LI-Remote

The pay range listed for this position is the range the organization reasonably and in good faith expects to pay for this position at the time of the posting. Once the interview process begins, your talent partner will provide additional information on the compensation for the role, along with additional information on our total rewards package. The actual base salary offered will depend on a variety of factors, including the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.

Our Total Rewards package includes:
  • Employer sponsored health, dental and vision plan with low or no premium
  • Generous paid time off
  • $100 monthly mobile or internet stipend
  • Stock options for all employees
  • Bonus eligibility for all roles excluding Director and above; Commission eligibility for Sales roles
  • Parental leave program
  • 401K program
  • And more....


*Our total rewards package is for full time employees only. Intern and Contract positions are not eligible.

About Devoted Health

Devoted Health is a healthcare company that provides Medicare Advantage plans to seniors. The company was founded in 2017 by brothers Todd and Ed Park, and is headquartered in Boston, Massachusetts. Devoted Health aims to provide high-quality healthcare to seniors by using technology and data to improve the healthcare experience. The company offers a range of Medicare Advantage plans that include medical, dental, and vision coverage, as well as prescription drug coverage. Devoted Health has raised over $1.8 billion in funding to date, and is backed by investors such as Andreessen Horowitz, Fidelity, and Oak HC/FT.
Learn more about Devoted Health
Size
1,000 employees
Industry
Founded
2017

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