Actuarial Intern

Oscar Health•New York, NY
•$33 - $43•Hybrid

About The Position

The Actuarial Intern supports one of Oscar’s actuarial practices: Pricing, Experience, Trends, & Forecasting (ETF), or Valuation. The role introduces the intern to the healthcare industry from the perspective of a technology-driven health insurer and provides experience working with Oscar actuaries and business partners to develop technical and communication skills used in the actuarial profession. The intern will complete one or more projects for an actuarial team. Potential projects may involve automation tools, projection models, dashboards, or experience studies. Project assignments are discussed during the interview process and matched to the candidate’s interests and skillset. The intern will also participate in actuarial and cross-functional meetings and assist with ad hoc analysis. This position is based in Oscar’s New York City office and follows a hybrid schedule, with at least three in-office days per week. Thursday is required in the office; the other two office days are flexible. Candidates must be available 40 hours per week for at least 10 weeks. The position reports to the Senior Manager, Actuarial. The hourly rate is $33.04–$43.37, with employee benefits and monthly vacation accrual at a rate of 15 days per year.

Requirements

  • At least 3 years of college completed toward a degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Availability to work 40 hours per week for a minimum of 10 weeks.
  • Ability to work at least three days per week in Oscar’s New York office, including Thursdays.

Nice To Haves

  • Excellent problem-solving, communication, and collaboration skills.
  • Proficiency in Excel, SQL, or Python.
  • For active college students: cumulative GPA of 3.0 or higher and credit for one or more actuarial exams.
  • For college graduates: a degree in Actuarial Science, Mathematics, or Statistics and two or more actuarial exams.

Responsibilities

  • Produce one or more predetermined projects to support an actuarial team, potentially involving automation tools, projection models, dashboards, or experience studies.
  • Gain exposure to actuarial concepts, tools, and industry practices.
  • Participate in actuarial and cross-functional meetings to build relationships with internal stakeholders.
  • Assist with ad hoc analysis and communicate findings to actuarial and non-actuarial audiences.
  • Comply with all applicable laws and regulations.
  • Perform other duties as assigned.

Benefits

  • Employee benefits and monthly vacation accrual at a rate of 15 days per year.
  • Medical, dental, and vision benefits.
  • 11 paid holidays.
  • Paid sick time.
  • Paid parental leave.
  • 401(k) plan participation.
  • Life and disability insurance.
  • Paid wellness time and reimbursements.
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