Sr. Manager, Actuarial

Oscar Health•New York, NY

2d•$163,944 - $215,176•Hybrid

About The Position

Hi, we're Oscar. We're hiring a Serial Manager, Actuarial to join our Actuarial. Oscar is the first health insurance company built around a full stack technology platform and a relentless focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselves—one that behaves like a doctor in the family. About the role: 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 responsibilities for consultation of regional specific pricing, network and product strategy. You will also oversee the end-to-end regulatory submission, understand risks underlying their markets, and will ensure pricing is actuarially sound. You will report into the 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 Pay Transparency: The base pay for this role is: $163,944 - $215,176 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

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 important partners 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 teams for Oscar's ACA-compliant Individual and Small Group markets as we grow in our markets.
Mentor, coach, and provide pricing analysts with regular feedback.
Promote and shape Oscar actuarial best practices concerning automation and documentation.
Maintain relationships, rapport, and lines of communication with all partners.
Compliance with all applicable laws and regulations
Other duties as assigned