Senior Manager, Actuarial

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

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 Senior Manager, Actuarial leads a team of analysts, is responsible for pricing of several ACA markets, and has team authority and subject matter expertise in a particular business area. You will be a critical partner to Market P&L, Insurance Product, and other analytic support responsibilities for consultation of regional specific pricing, network and product strategy. You will support development of national strategy. You will also own the end-to-end regulatory submission, will understand risks underlying their markets, and are responsible to ensure pricing is actuarially sound.

You will report into the Director, Actuarial.

Work Location: This position is fully remote and open to candidates residing in the U.S., excluding Alaska; Delaware; Hawaii; Louisiana; Montana; North Dakota; Oklahoma; West Virginia; Wyoming; and U.S. Territories. Daily work is completed from your home office, with occasional travel required for team meetings and company events. #LI-Remote

Pay Transparency: The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $163,944 - $215,177 per year. The base pay for this role in all other locations is: $147,550 - $193,659 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

Responsibilities:

• Lead team initiatives to enhance pricing models and methodologies.

• Oversee the end-to-end rate development within a specific region for Oscar's ACA markets.

• Influence and collaborate with key stakeholders to guide strategic business decisions with respect to rates.

• Have an in-depth understanding of key financial risks and opportunities within each of your markets and more broadly across ACA -- and apply those learnings to guide analytical pricing, prospective pricing strategy, SAE considerations, network strategy, and other unique mitigation strategies.

• Provide an actuarial viewpoint across cross-functional teams to ensure sustainable growth for Oscar's ACA Individual Markets.

• Mentor, coach, and provide pricing analysts with regular feedback.

• Promote and shape Oscar actuarial best practices with respect to automation and documentation.

• Maintain strong relationships, rapport, and lines of communication with both internal and external stakeholders.

• Compliance with all applicable laws and regulations

• Other duties as assigned

Requirements:

• College degree in a STEM field.

• Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.

• 7+ years of quantitative analysis experience.

Bonus points:

• Excellent communication, collaboration, and relationship-building skills.

• Strong understanding of health insurance concepts and nuances.

This is an authentic Oscar Health job opportunity.

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...