Manager, Actuarial
About The Position
Oscar is hiring a Manager, Actuarial to lead analysts and oversee pricing for several ACA markets. The role partners with Market P&L, Insurance Product, and other analytics functions on regional pricing, network, and product strategy. The manager owns end-to-end regulatory submissions, assesses market risks, and ensures pricing is actuarially sound. The position reports to the Associate Director, Actuarial. This is a fully remote role 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. The role has location-dependent base pay ranges: $135,792–$178,227 per year in California, Connecticut, New Jersey, New York, and Washington; and $122,213–$160,404 per year in other eligible locations. Employees are also eligible for benefits, Oscar’s unlimited vacation program, and annual performance bonuses.
Requirements
- College degree in a STEM field.
- Associate or Fellow of the Society of Actuaries (SOA), or on track to become one.
- At least 5 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 pricing models and methodologies, and perform trend analyses and experience monitoring.
- Oversee end-to-end rate development within a specific region for Oscar’s ACA markets.
- Collaborate with stakeholders to guide strategic business decisions related to rates.
- Monitor and understand emerging A:E and market dynamics in the region, applying those insights to prospective pricing strategy.
- Provide an actuarial viewpoint across cross-functional teams to support sustainable growth for Oscar’s ACA-compliant Individual Markets.
- Mentor and coach pricing analysts and provide regular feedback.
- Promote and shape actuarial best practices related to automation and documentation.
- Maintain strong relationships and communication with internal and external stakeholders.
- Comply with applicable laws and regulations.
- Perform other duties as assigned.
Benefits
- Unlimited vacation program
- Annual performance bonuses
- 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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What This Job Offers
Job Type
Full-time
Career Level
Manager
