[Hiring] Senior Manager, Actuarial @Oscar Health

Role Description

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. 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 support development of national strategy. They 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.

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.

Qualifications

• 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.

Benefits

• Medical, dental, and vision benefits.
• 11 paid holidays.
• Paid sick time.
• Paid parental leave.
• 401(k) plan participation.
• Life and disability insurance.
• Paid wellness time and reimbursements.