Oscar Health - Director, Actuarial
Requirements
• Bachelor's degree in a STEM field, or 4 years commensurate experience. • Fellow of the Society of Actuaries (SOA), or on the track to become one. • 10+ years of actuarial and/or quantitative analysis experience. • Excellent communication, collaboration, and relationship-building skills. • Strong understanding of health insurance concepts and nuances. • Prior experience leading teams of healthcare actuaries. • This is an authentic Oscar Health job opportunity.
Responsibilities
• 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. #LI-Remote • Work Location: • excluding • Pay Transparency: The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $198,720 - $260,820 per year. The base pay for this role in all other locations is: $178,848 - $234,738 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants and annual performance bonuses. • Pay Transparency: • Own decision-making responsibilities related to Actuarial methodologies, model enhancements, and business initiatives including but not limited to continually refining Actuarial approaches across the Director's portfolio and the business as a whole. • Oversee the end-to-end actuarial pricing processes within a specific portfolio. • Promote long-term goals and objectives that guide the strategic direction of the Actuarial function as a whole. • Have an in-depth understanding of key financial risks and opportunities within the domain and more broadly across Oscar's business. Apply learnings to guide analytical pricing, prospective pricing strategy, SAE considerations, network strategy, and other unique mitigation strategies. • Mentor, coach, and provide Actuarial team members with regular feedback and developmental guidance. • Provide an Actuarial viewpoint within cross-functional discussions across finance, P&L, product development, etc. to drive business objectives, insights, and understandings. • Lead and shape Oscar Actuarial best practices with respect to automation and documentation. • Develop strong relationships, rapport, and lines of communication with both internal and external senior stakeholders. • Compliance with all applicable laws and regulations. • Other duties as assigned.
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