Senior Actuarial Analyst

Oscar Health InsuranceNew York, NY
49dHybrid

About The Position

The Senior Analyst, Actuarial supports Oscar's forecasting, strategy, and pricing processes for several Affordable Care Act (ACA) markets. The Senior Analyst, Actuarial reviews pricing, establishing Incurred but not Reported (IBNR) projections and risk adjustment accruals, and investigating actual performance trends to inform budget planning, pricing, and company strategies. You will report into the Associate Director, Actuarial. Work Location: This position is based in our New York City office, requiring a hybrid work schedule with 3 days of in-office work per week. Thursdays are a required in-office day for team meetings and events, while your other two office days are flexible to suit your schedule. #LI-Hybrid

Requirements

  • Bachelor's degree in a STEM field.
  • Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
  • 3+ years of experience in a related field.

Nice To Haves

  • Knowledge of core health insurance concepts and experience with actuarial applications.
  • Technical with an enthusiasm to apply tech-forward methods in actuarial models.
  • Prior exposure to programming tools such as Python or SQL.

Responsibilities

  • Review core pricing and plan design models and provide actuarial insights to inform strategic pricing considerations.
  • Main contributor in reviewing and submitting regulatory filings.
  • Use programming tools (e.g., Python, Google App Script) to transform healthcare data and improve pricing processes.
  • Investigate the core drivers of observed trends and provide meaningful information for consideration in the financial planning process.
  • Promote and shape Oscar actuarial best practices concerning automation and documentation.
  • Maintain relationships, partnership, and lines of communication with both internal and external stakeholders.
  • Compliance with all applicable laws and regulations.
  • Other duties as assigned.

Benefits

  • employee benefits
  • participation in Oscar's 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

Mid Level

Industry

Insurance Carriers and Related Activities

Number of Employees

1,001-5,000 employees

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