Revolutionizing healthcare through technology and design
Oscar Health, founded in 2012 and headquartered in New York City, is a health insurance company that leverages technology to improve the consumer experience in healthcare. With over 500,000 members and partnerships with leading healthcare providers, Oscar offers innovative plans that include telemed...
Oscar provides competitive salaries, equity options, comprehensive health benefits, unlimited PTO, and a flexible remote work policy to support work-l...
Oscar fosters a culture centered around transparency and collaboration, encouraging employees to challenge the status quo in healthcare. The company v...
Oscar • Boston, Massachusetts, United States
Oscar is hiring a Senior Analyst, Actuarial - Valuation to support valuation processes for ACA markets. You'll utilize SQL and Python to establish projections and inform company strategies. This position requires experience in actuarial analysis and valuation.
You have a strong background in actuarial science and valuation processes, with experience in establishing Incurred but not Reported (IBNR) projections and risk adjustment accruals. Your analytical skills allow you to investigate performance trends effectively, contributing to budget planning and pricing strategies. You are proficient in SQL and Python, using these tools to expand existing frameworks and drive insights that support decision-making. You thrive in a collaborative environment, working closely with cross-functional teams to achieve common goals. You are detail-oriented and possess strong communication skills, enabling you to convey complex actuarial concepts to stakeholders clearly.
Experience with health insurance markets, particularly the Affordable Care Act (ACA), is a plus. Familiarity with financial modeling and forecasting techniques will enhance your ability to contribute to Oscar's strategic initiatives. A proactive approach to problem-solving and a willingness to adapt to changing work environments will set you apart in this role.
As a Senior Analyst, Actuarial - Valuation at Oscar, you will play a crucial role in supporting the valuation processes for various ACA markets. You will establish and communicate accruals for the monthly close process related to IBNR claims and risk adjustment deals. Your analytical expertise will be essential in investigating actual performance trends, which will inform budget planning and pricing strategies. You will collaborate with the actuarial team and report directly to the Director, Actuarial, ensuring that your insights contribute to the overall success of the department. This role is fully remote, allowing you to work from your home base while engaging with colleagues across different locations.
Oscar provides a competitive salary range of $91,659.60 to $120,303.23 per year, along with comprehensive employee benefits. You will have the opportunity to participate in Oscar's unlimited vacation program and be eligible for annual performance bonuses. The company fosters a supportive work environment that encourages professional growth and development. As part of a team that values innovation and member service, you will contribute to shaping the future of health insurance through technology-driven solutions.
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