Senior Manager, Actuarial

Oscar HealthNew York, NY
1dHybrid

About The Position

The Senior Manager, Actuarial leads a team of analysts and is responsible for pricing of several ACA markets. The Senior Manager is a critical partner to Market P&L, Insurance Product, and other analytic support functions for consultation of regional specific pricing, network and product strategy. They also oversee the end-to-end regulatory submission, will understand risks underlying their markets, and will ensure pricing is actuarially sound. You will report into the Associate Director, Actuarial. Work Location: This position is based in our New York City office, requiring a hybrid work schedule with 3 days of in-office work per week. Thursdays are a required in-office day for team meetings and events, while your other two office days are flexible to suit your schedule. #LI-Hybrid

Requirements

  • College degree in a STEM field.
  • Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
  • 7+ years of quantitative analysis experience.

Nice To Haves

  • Excellent communication, collaboration, and relationship-building skills.
  • Strong understanding of health insurance concepts and nuances.

Responsibilities

  • Lead team programs to enhance pricing models and methodologies.
  • Oversee the end-to-end rate development within a specific region for Oscar's ACA markets.
  • Influence and collaborate with key stakeholders to guide strategic decisions concerning rates.
  • Have an in-depth understanding of key financial risks and opportunities within each of your markets and more broadly across ACA -- and apply those learnings to guide analytical pricing, prospective pricing strategy, SAE considerations, network strategy, and other unique mitigation strategies.
  • Provide an actuarial viewpoint across cross-functional teams for Oscar's ACA-compliant Individual and Small Group markets as we rapidly grow in existing and new markets.
  • Mentor, coach, and provide pricing analysts with regular feedback.
  • Promote and shape Oscar actuarial best practices with respect to automation and documentation.
  • Maintain relationships, partnership, and lines of communication with both internal and external stakeholders.
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Benefits

  • employee benefits
  • participation in Oscar's unlimited vacation program
  • annual performance bonuses
  • medical, dental, and vision benefits
  • 11 paid holidays
  • paid sick time
  • paid parental leave
  • 401(k) plan participation
  • life and disability insurance
  • paid wellness time and reimbursements

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

1,001-5,000 employees

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