Manager, Actuarial at Oscar Health In Other

Manager, Actuarial
Oscar Health // health insurance

Hi, we're Oscar. We're hiring a Manager, 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 Actuarial Manager will be a key player in helping Oscar to understand the financial implications to the ACAs risk adjustment program. You will support multiple aspects of the actuarial teams risk adjustment work, including supporting monthly financial close, ongoing forecasting, & various other analyses. This is a very dynamic space, which makes this a great opportunity to work on interesting projects & have a BIG impact.

You will report into the Director, Actuarial.

Work Location: This is a remote position, open to candidates who reside in: Hartford, CT. You will be fully remote; however, our approach to work may adapt over time. Future models could potentially involve a hybrid presence at the hub office associated with your metro area. #LI-Remote

Pay Transparency: The base pay for this role is: $131,200 - $172,200 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program & annual performance bonuses.

Responsibilities:

Live on the cutting edge by developing Oscars ability to predict ACA market morbidity, working with a cross functional team of actuaries & data scientists.
Showcase resourcefulness & creative thinking in sourcing new data & making market level predictions in innovative ways.
Maintain & evolve core risk adjustment reporting & forecast models.
Conduct research & enhance Oscars risk adjustment knowledge & capabilities, including views of both Oscars membership & other carriers in the market.
Key contributor in estimated risk adjustment transfer estimates for monthly closes & ongoing financial forecasts.
Conduct various risk adjustment related analyses, including analyzing drivers of risk adjustment performance.
Promote & shape Oscar actuarial best practices with respect to automation & documentation.
Maintain strong relationships, rapport, & lines of communication with both internal & external stakeholders.
Aid in the onboarding of analysts by collaborating & integrating them into existing processes.
Compliance with all applicable laws & regulations
Other duties as assigned

Requirements:

College degree in a STEM field.
Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
5+ years of quantitative analysis experience.

Bonus points:

Strongly prefer ACA Risk Adjustment, ACA Pricing/MedEcon, or Non-ACA Risk Adjustment expertise.
Excellent communication, collaboration, & relationship-building skills.
Strong understanding of health insurance concepts & nuances.

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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