Sr. Analyst, Actuarial - Reserving

Oscar Health•Dallas, TX

1d•Remote

About The Position

Oscar is hiring a Senior Analyst, Actuarial - Reserving to join its Actuarial team. The role supports valuation processes for several Affordable Care Act (ACA) markets by establishing Incurred but Not Reported (IBNR) projections and risk adjustment accruals, and investigating actual performance trends that inform budget planning, pricing, and company strategies. The position is eligible for the department’s rotational program and reports to the Manager, Actuarial. This is a fully remote position open to candidates residing in Dallas, Texas. Oscar notes that its work approach may adapt over time and future models could potentially involve a hybrid presence at the hub office associated with the candidate’s metro area. The base pay is $91,660–$120,303 per year. The role is also eligible for employee benefits, Oscar’s unlimited vacation program, and annual performance bonuses.

Requirements

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

Responsibilities

Establish and communicate accruals for the monthly close process related to IBNR claims, risk adjustment, and/or Shared Savings deals.
Use SQL and Python to expand existing frameworks and drive new insights and resources for other Actuarial teams.
Contribute to reviewing and submitting regulatory filings.
Investigate core drivers of observed trends and provide meaningful information for consideration in financial planning.
Promote and shape actuarial best practices related to automation and documentation.
Maintain strong relationships, rapport, and communication with internal and external stakeholders.
Assist with onboarding analysts by collaborating with them and integrating them into existing processes.
Comply with all applicable laws and regulations.
Perform other duties as assigned.