Senior Actuarial Analyst at Oscar Health In NYC

Senior Actuarial Analyst
Oscar Health // health insurance

Hi, we're Oscar. We're hiring a Senior Analyst, Actuarial to join our Actuarial team.

Oscar is the first health insurance company built around a full stack technology platform & a relentless focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselvesone that behaves like a doctor in the family.

About the role:

The Senior Analyst, Actuarial supports Oscar's forecasting, strategy, & pricing processes for several Affordable Care Act (ACA) markets. The Senior Analyst, Actuarial reviews pricing, establishing Incurred but not Reported (IBNR) projections & risk adjustment accruals, & investigating actual performance trends to inform budget planning, pricing, & company strategies.

You will report into the Associate Director, Actuarial.

Work Location: This position is based in our New York City office, requiring a hybrid work schedule with 3 days of in-office work per week. Thursdays are a required in-office day for team meetings & events, while your other two office days are flexible to suit your schedule. #LI-Hybrid

Pay Transparency: The base pay for this role is: $93,600 - $122,850 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program & annual performance bonuses.

Responsibilities:

Review core pricing & plan design models & provide actuarial insights to inform strategic pricing considerations.
Main contributor in reviewing & submitting regulatory filings.
Use programming tools (e.g., Python, Google App Script) to transform healthcare data & improve pricing processes.
Investigate the core drivers of observed trends & provide meaningful information for consideration in the financial planning process.
Promote & shape Oscar actuarial best practices concerning automation & documentation.
Maintain relationships, partnership, & lines of communication with both internal & external stakeholders.
Compliance with all applicable laws & regulations.
Other duties as assigned.

Requirements:

Bachelor's degree in a STEM field.
Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one is preferred.
3+ years of experience in a related field.

Bonus points:

Knowledge of core health insurance concepts & experience with actuarial applications.
Technical with an enthusiasm to apply tech-forward methods in actuarial models.
Prior exposure to programming tools such as Python or SQL.

This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here.

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves & find both belonging & support. We're on a mission to change health care -- an experience made whole by our unique backgrounds & perspectives.

Pay Transparency: Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, & experience. Full-time employees are eligible for benefits including: medical, dental, & vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life & disability insurance, & paid wellness time & reimbursements.

Artificial Intelligence (AI): Our AI Guidelines outline the acceptable use of artificial intelligence for candidates & detail how we use AI to support our recruiting efforts.

Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicants disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team (accommodations@hioscar.com) to make the need for an accommodation known.

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