Associate, Actuarial

Oscar Health; United States; Remote; USD 111,034 - 145,733; Full time

Benefits offered by this job

Medical, dental, and vision benefits

11 paid holidays

Paid sick time

Paid parental leave

401(k) plan participation

Life and disability insurance

Unlimited vacation program

Wellness time and reimbursements

Job summary

Oscar Health is seeking an Associate, Actuarial to join our Actuarial team. You will support pricing for ACA markets, maintain pricing models, and collaborate with Market P&L, Insurance Product, and other analytic teams.

This remote role is open to multiple states across the US, with occasional in-office days in hub locations as needed. You will report to the Associate Director, Medical Economics.

Qualifications

• College degree in a STEM field.
• SOA Associate or Fellow, or on track to become one.
• 4+ years of quantitative analysis experience.

Responsibilities

• Maintain core pricing and plan design models and ensure consistency across users.
• Contribute to regulatory filings and provide pricing recommendations for strategic decisions.
• Provide actuarial input across cross-functional teams for ACA Individual and Small Group markets.
• Promote actuarial best practices around automation and documentation.
• Maintain relationships with internal and external stakeholders and onboard analysts.

Skills

Pricing models

Actuarial analysis

Regulatory filings

Cross-functional collaboration

Communication

Education

STEM degree

SOA designation (Associate or Fellow)

Job description

Hi, we’re Oscar. We’re hiring an Associate, 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

The Associate, Actuarial supports pricing for several ACA markets and leads efforts to maintain pricing and plan design modeling. You will be a critical partner to Market P&L, Insurance Product and other Analytic support functions for consultation of regional specific pricing, network and product strategy. They also support the regulatory submission process, support plan design compliance, and will ensure pricing is actuarially sound. You will report into the Associate Director, Medical Economics.

Work Location

This is a remote position, open to candidates who reside in: Arizona, Florida, Georgia, Illinois, Iowa, Kansas, Michigan, Missouri, Nebraska, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. You will be fully remote; however, our approach to work may adapt over time. Future models could potentially involve a hybrid presence at the hub office associated with your metro area. If you live within commutable distance to our New York City office (in Hudson Square) or our Tempe office (off the 101 at University Ave), you will be expected to come into the office at least three days each week. Otherwise, this is a remote / work‑from‑home role. Thursdays are a required in‑office day for team meetings and events, while your other two office days are flexible to suit your schedule.

Pay Transparency

The base pay for this role in the states of New Jersey and New York is: $123,372 - $161,925 per year.

The base pay for this role in all other locations is: $111,034 - $145,733 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses. 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.

Responsibilities

• Maintain core pricing and plan design models. Ensure consistency and standardization across team users.
• Key contributor in developing and submitting regulatory filings, and developing a viewpoint and recommendation for strategic pricing decisions.
• Provide an actuarial viewpoint across cross‑functional teams for Oscar's ACA‑compliant Individual and Small Group markets as we grow in existing and new markets.
• Promote and shape Oscar actuarial best practices concerning automation and documentation.
• Maintain 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.

Requirements

• College degree in a STEM field.
• Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
• 4+ years of quantitative analysis experience.

Bonus Points

• Excellent communication, collaboration, and relationship‑building skills.
• Strong understanding of health insurance concepts and nuances.

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.