Associate, Actuarial

Oscar HealthRemote, NY
$111,034 - $161,925Remote

About The Position

Oscar is seeking an Associate, Actuarial to join their Actuarial team. This role supports pricing for several ACA markets and leads efforts to maintain pricing and plan design modeling. The Associate, Actuarial will be a critical partner to Market P&L, Insurance Product, and other Analytic support functions for consultation on regional-specific pricing, network, and product strategy. They will also support the regulatory submission process, plan design compliance, and ensure pricing is actuarially sound. The position reports into the Associate Director, Medical Economics.

Requirements

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

Nice To Haves

  • Excellent communication, collaboration, and relationship-building skills.
  • Strong understanding of health insurance concepts and nuances.

Responsibilities

  • Maintain core pricing and plan design models. Ensure consistency and standardization across team users.
  • Key contributor in developing and submitting regulatory filings, and developing a viewpoint and recommendation for strategic pricing decisions.
  • Provide an actuarial viewpoint across cross-functional teams for Oscar's ACA-compliant Individual and Small Group markets as we grow in existing and new markets.
  • Promote and shape Oscar actuarial best practices concerning automation and documentation.
  • Maintain relationships, rapport, and lines of communication with both internal and external stakeholders.
  • Aid in the onboarding of analysts by collaborating and integrating them into existing processes.
  • Compliance with all applicable laws and regulations.
  • Other duties as assigned

Benefits

  • medical
  • dental
  • vision benefits
  • 11 paid holidays
  • paid sick time
  • paid parental leave
  • 401(k) plan participation
  • life and disability insurance
  • paid wellness time and reimbursements
  • unlimited vacation program
  • annual performance bonuses
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