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Salary: USD 91,660 - 120,303 / annual
Oscar Health is seeking a Senior Analyst, Actuarial - Reserving to support the company's valuation processes for Affordable Care Act (ACA) markets. In this role, you will establish Incurred but not Reported (IBNR) projections and risk adjustment accruals, investigate actual performance trends to inform budget planning and pricing strategies, and contribute to regulatory filings.
You will report to the Manager, Actuarial and work in a hybrid arrangement with 3 days per week in the New York City office. Thursdays are mandatory in-office for team meetings and events; the other two office days are flexible.
Key responsibilities include:
- Establishing and communicating monthly close accruals for IBNR claims, risk adjustment, and shared savings deals
- Leveraging SQL and Python to expand existing frameworks and drive new insights for actuarial teams
- Reviewing and submitting regulatory filings
- Investigating core drivers of observed trends and providing insights for financial planning
- Promoting actuarial best practices around automation and documentation
- Maintaining strong stakeholder relationships internally and externally
- Onboarding and mentoring junior analysts
- Ensuring compliance with applicable laws and regulations
Requirements:
- Bachelor's degree in a STEM field
- Associate or Fellow of the Society of Actuaries (SOA), or actively on track to achieve this credential
- 3+ years of experience in a related actuarial or financial analysis field