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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, pricing, and company strategy, and contribute to regulatory filings.
You will report to the Manager, Actuarial and are eligible for the department's rotational program. 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
Oscar Health, founded in 2012, is the first health insurance company built around a full-stack technology platform with a focus on member service. The company operates in multiple ACA markets and emphasizes data-driven decision-making and technological innovation in health insurance.
This is a fully remote position with a Dallas, TX hub. The role may evolve to include hybrid presence at the hub office in the future.
REQUIREMENTS:
- Bachelor's degree in a STEM field
- Associate or Fellow of the Society of Actuaries (SOA), or on track to become one
- 3+ years of experience in a related field
