Job Highlights
AI-extracted key information
The Actuarial Analyst II at OscarHealth is responsible for maintaining forecasting, valuation, and pricing processes for various ACA markets. This role involves overseeing actuarial models, developing pricing strategies, and ensuring compliance with regulations while collaborating with team members and stakeholders.
Salary Range
$66k - $86k/year
Experience Level
Mid Level
Benefits & Perks
Education Requirements
bachelor degree
Actuarial Analyst II
Posted 3 weeks ago
Full-Time
Employment Type
Remote
Work Location
USD65,520 - USD85,995
YEAR
About This Role
Hi, we're Oscar. We're hiring an Analyst II, 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 Analyst II, Actuarial maintains Oscar's forecasting, valuation, and pricing processes for several Affordable Care Act (ACA) markets. You will oversee regularly maintaining and reviewing actuarial models used to develop pricing, forecasting, trend analytics, Incurred but not Reported (IBNR) projections and risk adjustment accruals.
You will report into the Manager, Actuarial.
Work Location
This position is based in our Tempe, AZ, 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.
Pay Transparency
The base pay for this role is: $65,520 - $85,995 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.
Responsibilities
Maintain core pricing and plan design models. Ensure consistency and standardization across team users.
Important contributor in developing and submitting regulatory filings, and developing a viewpoint and recommendation for strategic pricing decisions.
Develop and provide recommendations for the accrual setting process with respect to IBNR claims, Risk adjustment and Shared Savings deals.
Identify and triages meaningful observations of experience across plan designs, providers, vendors, and markets.
Promote and shape Oscar actuarial best practices concerning automation and documentation.
Maintain relationships, rapport, 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
Requirements
Bachelor's degree in a STEM field.
Passed a minimum of two actuarial exams.
2+ years of experience in a related field.
Bonus Points
Experience With Health Insurance Concepts And Nuances.
Highly technical with a strong enthusiasm to apply tech-forward methods in actuarial models.
Proficient in coding
This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud
here
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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.
Artificial Intelligence (ai)
Our
AI Guidelines
outline the acceptable use of artificial intelligence for candidates and detail how we use AI to support our recruiting efforts.
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
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Privacy Policy
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Compensation
$65,520 - $85,995
Annual salary
Ready to Apply?
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