Actuarial Valuation Analyst II - Hybrid NYC

Oscar Health, Inc.; New York (NY); Hybrid; USD 79,000 - 104,000; Full time

Benefits offered by this job

Unlimited vacation

Annual performance bonus

Medical, dental & vision benefits

Job summary

Oscar Health, Inc. in New York City is seeking an Actuarial Analyst II - Valuation to join our Actuarial team. The Analyst II maintains valuation processes and works with models used for IBNR projections and risk adjustment accruals.

The role reports to Manager, Actuarial, with a hybrid schedule that requires 3 days in-office per week; Thursdays are in-office for meetings and events. Base pay ranges from $79,488 to $104,328 per year, plus benefits, unlimited vacation, and annual performance

Qualifications

• Bachelor's degree in STEM field required.
• 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

Education

Bachelor's degree in STEM field

Job description

Oscar Health, Inc. in New York City is seeking an Actuarial Analyst II - Valuation to join our Actuarial team. The Analyst II maintains valuation processes and works with models used for IBNR projections and risk adjustment accruals.

The role reports to Manager, Actuarial, with a hybrid schedule that requires 3 days in-office per week; Thursdays are in-office for meetings and events. Base pay ranges from $79,488 to $104,328 per year, plus benefits, unlimited vacation, and annual performance