Actuarial Analyst II

Hi, we’re Oscar. We’re hiring an Analyst II, Actuarial to join our Actuarial team. 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 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. 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 triage 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. Equal Opportunity Employer 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. 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 (View email address on click.appcast.io) to make the need for an accommodation known. #J-18808-Ljbffr