Sr. Analyst, Actuarial - Reserving

Oscar Health•Tempe, AZ

18h•Hybrid

About The Position

Oscar is hiring a Senior Analyst, Actuarial to join its Actuarial team. The role supports valuation processes for a number of Affordable Care Act (ACA) markets. The Senior Analyst 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. The position is based in Oscar’s New York City office and follows a hybrid schedule with three in-office days per week. Thursdays are required in-office for team meetings and events; the other two office days are flexible. The base pay range is $91,660–$120,303 per year, with eligibility 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 the review and submission of regulatory filings.
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 related to automation and documentation.
Maintain strong relationships, rapport, and communication with internal and external stakeholders.
Help onboard analysts by collaborating with them and integrating them into existing processes.
Comply with all applicable laws and regulations.
Perform other duties as assigned.