Remote Actuarial Analyst II

Summary

Join Oscar's Actuarial team as an Actuarial Analyst II - Valuation, maintaining valuation processes for several Affordable Care Act (ACA) markets and managing actuarial models used to develop Incurred but not Reported (IBNR) projections and risk adjustment accruals.

Requirements

• Bachelor's degree in a STEM field
• Passed two actuarial exams
• 2+ years of experience in a related field

Responsibilities

• Maintain and enhance core valuation models. Ensure consistency and standardization across team users
• Important contributor in developing and submitting regulatory filings, and developing a viewpoint and recommendation for strategic valuation 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 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

Benefits

• 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
• Paid wellness time and reimbursements