Associate, Actuarial

Oscar Health

🔍 Observed

$102K - $134K USD

Boston, Massachusetts, United States First seen 3 weeks, 1 day ago Last seen 11 hours, 32 minutes ago Greenhouse

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Job Description

AI Summary

• Supports pricing strategies and maintains pricing/plan design models for ACA health insurance markets, serving as a key partner to Market P&L and product teams • Requires a STEM degree, SOA Associate or Fellow credential (or progress toward one), and 4+ years of quantitative analysis experience • Develops regulatory submissions, ensures actuarial soundness of pricing, and promotes best practices in automation and documentation across the actuarial team • Remote position based in Boston, MA with salary range of $102,240-$134,190 annually, plus benefits, unlimited vacation, and performance bonuses • Health insurance expertise and strong communication/collaboration skills are highly valued for cross-functional stakeholder engagement

Hi, we're Oscar. We're hiring an Associate, Actuary 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 Associate, Actuarial supports pricing for several ACA markets and leads efforts to maintain pricing and plan design modeling. The Associate is a critical partner to Market P&L, Insurance Product and other Analytic support functions for consultation of regional specific pricing, network and product strategy. They also support the regulatory submission process, support plan design compliance, and will ensure pricing is actuarially sound.

You will report into the Associate Director, Actuarial.

Work Location:

This is a remote position, open to candidates who reside in: Boston, MA. You will be fully remote; however, our approach to work may adapt over time. Future models could potentially involve a hybrid presence at the hub office associated with your metro area. #LI-Remote

Pay Transparency: The base pay for this role is: $102,240 - $134,190 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.
Provide an actuarial viewpoint across cross-functional teams for Oscar's ACA-compliant Individual and Small Group markets as we grow in our markets.
Promote and shape Oscar actuarial best practices concerning automation and documentation.
Maintain relationships, partnership, and lines of communication with both internal and external stakeholders.
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:

College degree in a STEM field.
Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
4+ 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. Learn more about how you can safeguard yourself from recruitment fraud here.

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: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Privacy Policy.

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Job Information

Company:
Oscar Health
Location:
Boston, Massachusetts, United States
Experience Level:
Senior
Source:
Greenhouse
Status:
Active

Activity Score

65 /100

Likely Active (65)

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