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Salary: USD 162,454 - 236,912 / annual
Oscar Health is seeking an Associate Director, Actuarial to lead and develop a team of actuarial professionals responsible for pricing across multiple ACA markets. In this role, you will own financial estimates and forecasts, communicate critical actuarial recommendations to senior management, and oversee end-to-end actuarial pricing processes within specific portfolios. You will lead team initiatives to enhance actuarial models and methodologies, influence cross-functional stakeholders to guide strategic business decisions regarding rates, and provide an actuarial perspective across teams as Oscar grows in existing and new markets.
Key responsibilities include: developing strong financial forecasts and communicating findings to leadership; leading actuarial team initiatives for model and methodology improvements; managing the complete actuarial pricing workflow for assigned portfolios; collaborating with stakeholders on rate strategy and risk mitigation; maintaining in-depth understanding of financial risks and opportunities; mentoring and coaching actuarial team members including Managers and Analysts; shaping Oscar actuarial best practices around automation and documentation; and building strong relationships with internal and external stakeholders. You will report to the VP, Actuarial and work closely with Finance, Market P&L, and Product Development teams.
Occasional travel is required for team meetings and company events. The role is fully remote and open to candidates in the U.S., excluding Alaska, Delaware, Hawaii, Louisiana, Montana, North Dakota, Oklahoma, West Virginia, Wyoming, and U.S. Territories.
**Requirements:**
- Bachelor's degree in a STEM field, or 4 years of commensurate experience
- Fellow of the Society of Actuaries (SOA), or actively pursuing exams to attain fellowship
- 7+ years of actuarial and/or quantitative analysis experience
**Bonus qualifications:**
- Bachelor's degree in a STEM field
- Excellent communication, collaboration, and relationship-building skills
- Strong understanding of health insurance concepts and nuances
