Sr. Analyst, Actuarial - Reserving

Oscar Health•Tempe, AZ

1d•$91,660 - $120,303•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 position is based in Oscar’s New York City office and follows a hybrid schedule requiring three in-office days per week. Thursdays are required in-office for team meetings and events; the other two office days are flexible. Base pay 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 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 reviewing and submitting 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 regarding automation and documentation.
Maintain strong relationships, rapport, and communication with internal and external stakeholders.
Aid in onboarding analysts by collaborating and integrating them into existing processes.
Comply with all applicable laws and regulations.
Perform other duties as assigned.