Actuarial Analyst II - Valuation (Hybrid, Unlimited PTO)

Oscar; Tempe (AZ); Hybrid; USD 72,000 - 94,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

11 paid holidays

paid sick time

paid parental leave

401(k) plan participation

life and disability insurance

paid wellness time

reimbursements

Job summary

Oscar Health is hiring an Actuarial Analyst II - Valuation in Tempe, AZ. This role maintains Oscar's valuation processes for ACA markets and reviews models used to develop IBNR projections and risk adjustment accruals. The Analyst reports to the Manager, Actuarial.

The position is hybrid with 3 in-office days per week; Thursday is a mandatory in-office day for team meetings. Base pay ranges from $71,539 to $93,895 annually, with benefits and bonuses.

Qualifications

• Bachelor's degree in a STEM field.
• Passed a minimum of 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.
• Key contributor in developing and submitting regulatory filings, as well as 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.
• Identifies and triages meaningful observations of experience across plan designs, providers, vendors, and markets.
• Promote and shape Oscar actuarial best practices with respect to automation and documentation.
• Maintain strong 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

Skills

Actuarial exams

Experience in related field

Education

Bachelor's degree in a STEM field

Job description

Oscar Health is hiring an Actuarial Analyst II - Valuation in Tempe, AZ. This role maintains Oscar's valuation processes for ACA markets and reviews models used to develop IBNR projections and risk adjustment accruals. The Analyst reports to the Manager, Actuarial.

The position is hybrid with 3 in-office days per week; Thursday is a mandatory in-office day for team meetings. Base pay ranges from $71,539 to $93,895 annually, with benefits and bonuses.