Hi, we're Oscar. We're hiring a Senior Actuarial Analyst to join our Actuarial team.

Oscar is the first health insurance company built around a full stack technology platform and a 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 Analyst, Actuarial supports Oscar’s forecasting, strategy, and pricing processes for several Affordable Care Act (ACA) markets. The Senior Analyst, Actuarial reviews pricing, establishing Incurred but not Reported (IBNR) projections and risk adjustment accruals, and investigating actual performance trends to inform budget planning, pricing, and company strategies.  

You will report to the Sr. Manager, Actuarial.

Work Location:

Oscar is a blended work culture where everyone, regardless of work type or location, feels connected to their teammates, our culture and our mission.

If you live within commutable distance to our New York City office (in Hudson Square), our Tempe office (off the 101 at University Dr), or our Los Angeles office (in Marina Del Rey), you will be expected to come into the office at least two days each week. Otherwise, this is a remote / work-from-home role.

You must reside in one of the following states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, or Washington, D.C. Note, this list of states is subject to change. #LI-Remote

Pay Transparency:

The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $93,600 - $122,850 per year. The base pay for this role in all other locations is: $82,240 - $110,565 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

Responsibilities Review core pricing and plan design models and provide actuarial insights that will inform strategic pricing considerations. Main contributor in reviewing and submitting regulatory filings. Communicate the accruals for the monthly close process related to Incurred but not Reported (IBNR) claims, Risk adjustment and/or Shared Savings deals.  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 concerning automation and documentation.  Maintain relationships, partnership, and lines of communication with all partners. Aid in the onboarding of analysts by collaborating and integrating them into existing processes. Compliance with all applicable laws and regulations. Other duties as assigned. Qualifications Bachelor's degree in a STEM field. Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one. 3+ years of experience in a related field. Bonus Points Knowledge of core health insurance concepts and experience with actuarial applications. Technical with an enthusiasm to apply tech-forward methods in actuarial models.

This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here. 

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves and find both belonging and support. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.

Pay Transparency:  Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. Full-time employees are eligible for benefits including: medical, dental, and vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life and disability insurance, and paid wellness time and reimbursements.

Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicant’s disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team (accommodations@hioscar.com) to make the need for an accommodation known.

California Residents: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Notice to Job Applicants.