Associate Director, Actuarial

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Quick Summary

Key Responsibilities

Own financial estimates and forecasts; communicate findings and critical actuarial recommendations to senior management. Lead team initiatives to enhance actuarial models and methodologies.

Requirements Summary

Bachelor's degree in a STEM field, or 4 years commensurate experience. Fellow of the Society of Actuaries (SOA), or actively pursuing exams to attain fellowship.

Technical Tools

Other

Hi, we're Oscar. We're hiring an Associate Director, Actuarial to join our Actuarial team.

Oscar is the first health insurance company built around a full stack technology platform and a relentless focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselves—one that behaves like a doctor in the family.

About the Role

~1 min read

The Associate Director, Actuarial leads and develops a team of Actuarial professionals and is responsible for pricing several ACA markets. The Associate Director, Actuarial will review the reasonableness of results, quantifies risks inherent in decisions, and makes recommendations that help Oscar achieve market goals. The Associate Director, Actuarial mentors and develops Oscar's team of actuaries, including Managers and Analysts, and collaborates closely with cross-functional teams in Finance, Market P&L, and Product Development.

You will report into the VP, Actuarial.

Responsibilities

~1 min read

→Own financial estimates and forecasts; communicate findings and critical actuarial recommendations to senior management.
→Lead team initiatives to enhance actuarial models and methodologies.
→Oversee the end-to-end actuarial pricing processes within a specific portfolio or sub-portfolio.
→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 the portfolio and across Oscar's business. Apply 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 for your portfolio as we rapidly grow in existing and new markets and business lines.
→Mentor, coach, and provide actuarial team members with regular feedback.
→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 stakeholders.
→Compliance with all applicable laws and regulations
→Other duties as assigned.

Requirements

~1 min read

Bachelor's degree in a STEM field, or 4 years commensurate experience.
Fellow of the Society of Actuaries (SOA), or actively pursuing exams to attain fellowship.
7+ years of actuarial and / or quantitative analysis experience.

Nice to Have

~2 min read

Bachelor's degree in a STEM field.
Excellent communication, collaboration, and relationship-building skills.
Strong understanding of health insurance concepts and nuances.

This is an authentic Oscar Health job opportunity.

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. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.

Pay Transparency: Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. 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, and paid wellness time and reimbursements.

Artificial Intelligence (AI): Our AI Guidelines outline the acceptable use of artificial intelligence for candidates and detail how we use AI to support our recruiting efforts.

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 (accommodations@hioscar.com) to make the need for an accommodation known.

California Residents: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Privacy Policy.

Location & Eligibility

Where is the job

Worldwide

Fully remote, anywhere in the world

Who can apply

Same as job location

About this job

Pay per year: $180,504–$236,912 a year; 187% above the $72,800 median for Other jobs on Jobera (100,333 salaries).
Posted: Today
Employer: has 244 open jobs on Jobera.