Sr. Analyst, Actuarial - Reserving

Oscar Health•New York, NY

2d•$101,844 - $133,670•Hybrid

About The Position

The Senior Analyst, Actuarial supports Oscar’s valuation processes for 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 that inform budget planning, pricing, and company strategies. The position is eligible for the department’s rotational program and reports to the Manager, Actuarial. The role is based in Oscar’s New York City office and follows a hybrid schedule requiring three in-office days per week. Thursday is a required office day for team meetings and events; the other two office days are flexible. The stated base pay is $101,844–$133,670 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 working toward becoming 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 develop insights and resources for other Actuarial teams.
Contribute to reviewing and submitting regulatory filings.
Investigate the core drivers of observed trends and provide meaningful information for consideration in financial planning.
Promote and shape actuarial best practices relating 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.