Director, Actuarial

Oscar Health•New York, NY

2d•$178,848 - $260,820•Remote

About The Position

Oscar is hiring a Director, Actuarial to lead a skilled team responsible for regional pricing across multiple states, support strategic decisions, and ensure regulatory compliance. The role includes mentoring and developing Associate Directors, Managers, and Analysts, and collaborating with teams across Finance, P&L, Product Development, and other functions. This actuarial leadership position makes critical actuarial decisions, owns financial estimates and forecasts, and communicates recommendations to senior executives. The Director reports to the VP, Actuarial. The position is fully remote for candidates residing in the U.S., excluding Alaska, Delaware, Hawaii, Louisiana, Montana, North Dakota, Oklahoma, West Virginia, Wyoming, and U.S. Territories. Work is completed from a home office, with occasional travel for team meetings and company events.

Requirements

Bachelor's degree in a STEM field or four years of commensurate experience.
Fellow of the Society of Actuaries (SOA), or on track to become one.
At least 10 years of actuarial and/or quantitative analysis experience.

Nice To Haves

Excellent communication, collaboration, and relationship-building skills.
Strong understanding of health insurance concepts and nuances.
Prior experience leading teams of healthcare actuaries.

Responsibilities

Make decisions about actuarial methodologies, model enhancements, and business initiatives, continually refining actuarial approaches across the assigned portfolio and the business.
Oversee end-to-end actuarial pricing processes within a specific portfolio.
Promote long-term goals and objectives that guide the strategic direction of the Actuarial function.
Understand key financial risks and opportunities within the assigned domain and across Oscar's business, applying insights to analytical pricing, prospective pricing strategy, SAE considerations, network strategy, and other mitigation strategies.
Mentor and coach actuarial team members and provide regular feedback and developmental guidance.
Provide an actuarial perspective in cross-functional discussions with Finance, P&L, Product Development, and other teams to advance business objectives and insights.
Lead and shape actuarial best practices for automation and documentation.
Develop relationships and communication channels with internal and external senior stakeholders.
Comply with applicable laws and regulations.
Perform other duties as assigned.