Senior Manager, Actuarial

Hi, we're Oscar. We're hiring a Serial Manager, 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 Senior Manager, Actuarial leads a team of analysts and is responsible for pricing of several ACA markets. The Senior Manager is 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 also oversee the end-to-end regulatory submission, understand risks underlying their markets, and will ensure pricing is actuarially sound.

You will report into the Director, Actuarial.

Work Location: This position is based in our New York City office, 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: $163,944 - $215,176 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

Responsibilities:

• Lead team programs 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 important partners to guide strategic decisions concerning 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 teams for Oscar's ACA-compliant Individual and Small Group markets as we grow in our markets.


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


• Promote and shape Oscar actuarial best practices concerning automation and documentation.


• Maintain relationships, rapport, and lines of communication with all partners.


• 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.