Principal Actuary

Omada Health is on a mission to bend the curve of chronic disease.

Omada is seeking a Principal Actuary to build our internal actuarial capability and help establish how we measure, communicate, and price the economic value of our programs. Reporting to the VP of Strategic Finance, you will be a hands‑on individual contributor partnering across Finance, Clinical, Commercial, and Strategy.

You will bring actuarial rigor to savings and ROI methodology, performance guarantees, and at‑risk arrangements. This role combines independent modeling with customer‑facing work: you will build defensible analyses, explain trade-offs to business partners, and engage directly with payer actuaries and benefits consultants.

• Partner with Clinical and Commercial teams to develop ROI models for Medicare and government markets, support analyses related to Star Ratings, and inform future studies and evaluations of Omada’s programs and services.
• Design and price performance guarantees and at‑risk terms. Build pricing and exposure models, define clear triggers and measurement terms, and establish actuarial guardrails for customer commitments.
• Serve as the actuarial voice in finalist meetings, RFPs, and renewals with payers, employers, and benefits consultants; explain and defend measurement methodology actuary-to-actuary.
• Model and monitor performance guarantee exposure across the customer portfolio. Identify contracts at risk and provide accrual and reserve inputs to Accounting.
• Pressure-test pricing and unit economics, including the effects of GLP‑1 utilization, pharmacy trend, and medical trend on Omada’s programs and customers.
• Establish reusable, version-controlled models and methodology documentation. Build actuarial understanding across Finance, Strategy, Commercial, and Clinical, and support audit and disclosure review.