Sr. Analyst, Actuarial - Reserving

Oscar Health•Atlanta, GA
•Remote

About The Position

The Senior Analyst, Actuarial supports Oscar’s valuation processes across a number of Affordable Care Act (ACA) markets. The role establishes Incurred but Not Reported (IBNR) projections and risk adjustment accruals, and investigates actual performance trends to 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 Atlanta, Georgia. Oscar notes that its approach to work may adapt over time and future models could involve a hybrid presence at the hub office associated with the candidate’s metro area.

Requirements

  • Bachelor’s degree in a STEM field.
  • Associate or Fellow of the Society of Actuaries (SOA), or on the 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, driving new insights and resources for other Actuarial teams.
  • Contribute to the review and submission of regulatory filings.
  • Investigate core drivers of observed trends and provide meaningful information for the financial planning process.
  • Promote and shape Oscar actuarial best practices for automation and documentation.
  • Maintain strong relationships, rapport, and communication with internal and external stakeholders.
  • Help onboard analysts by collaborating and integrating them into existing processes.
  • Comply with applicable laws and regulations.
  • Perform other duties as assigned.

Benefits

  • Employee benefits
  • Unlimited vacation program
  • Annual performance bonuses
  • Medical benefits
  • Dental benefits
  • Vision benefits
  • 11 paid holidays
  • Paid sick time
  • Paid parental leave
  • 401(k) plan participation
  • Life insurance
  • Disability insurance
  • Paid wellness time and reimbursements
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