Director, Risk Strategy

We’re in this for the greater good  mission is collective greatness, nothing less will do. Our team is a single force united in the drive to transform employee health benefits.

The company was founded in 2011 to help small and medium-sized businesses fight the rising cost of employee health benefits. We blazed the trail with financing innovations that reduce the risks in self-insurance and deliver significant savings—and we continue to lead with a growing ecosystem of partners and world-class cost control solutions.

But success is measured by more than dollars alone and we measure ours by the good that comes from knowing that every client and all their employees can count on effective, affordable healthcare for years to come.

Please note that Pareto Health does not provide employment visa sponsorship for this position. Candidates must be authorized to work in the United States without sponsorship both now or in the future.

Pareto Health is seeking a Director of Risk Strategy to lead the evolution of our captive-based stop‑loss solutions and drive innovation across our risk‑sharing model. This role is responsible for defining product vision, advancing innovation, and aligning cross‑functional teams to deliver competitive, data‑driven solutions for self‑funded employers.

As a strategic leader, you will shape and execute initiatives that strengthen Pareto’s differentiated approach. This will include assessing alternative risk structures, managing and evolving our overall suite of protections, identifying market pain points, and developing solutions to address those needs.

The ideal candidate brings strategic thinking, creativity, strong analytical acumen, and a demonstrated ability to translate market and customer insights into impactful product strategies. Additionally, strong communication and collaboration capabilities are required to drive alignment across the organization.

• Define and own the risk product strategy for Pareto’s captive and stop‑loss portfolio
• Assess alternative risk structures and determine whether/how Pareto should evolve captive structures, contribution models, and risk corridors to optimize performance and member experience
• Identify market pain points and associated opportunities through broker feedback, claims analysis, regulatory insights, and assessment of the competitive landscape
• Develop and prioritize a roadmap to expand/manage a suite of protections for captive Members aligned with company growth objectives and risk appetite

• Understand industry trends, including cost drivers, network strategies, and alternative funding models
• Evaluate alternative product designs, pricing approaches, and underwriting methodologies
• Partner with sales and marketing to capture voice‑of‑customer insights from brokers, consultants, and employer groups
• Understand risk/ product management capabilities at carriers and TPAs in detail to identify gaps and opportunities

• Drive alignment on product priorities and ensure effective execution of key initiatives across underwriting, product, and technology
• Support go‑to‑market efforts in partnership with Product, Sales, and Marketing, including messaging and sales enablement

• 3–5 years of top‑tier consulting experience
• 3–5 years in Product Management or Strategy in insurance (e.g., carrier, broker, MGU)
• Strong nose for value with ability to translate market pain points into solutions; creative, innovative mindset
• Data‑driven with strong analytical and financial acumen
• Demonstrated ability to lead cross‑functional initiatives in a complex, matrixed environment; superior communication skills

• Deep understanding of risk‑sharing structures and stop‐loss mechanics
• Experience with captive programs, alternative risk arrangements, or level‑funded products
• Experience working with mid‑market employers (50–1,000 lives)
• Exposure to clinical programs, cost containment vendors, and population health strategies
• MBA or advanced degree

• Creative with a focus on value – ability to identify opportunities and…