Senior Manager, Actuarial

Oscar-Health-; United States; Remote; USD 148,000 - 194,000; Full time

Job summary

Oscar Health is hiring a Senior Manager, Actuarial to lead pricing for ACA markets and manage a team of analysts. You will own end-to-end rate development and collaborate with Market P&L, Insurance Product, and other analytics functions to drive regional pricing strategy.

You will report to the Director, Actuarial, and contribute to national strategy while ensuring pricing remains actuarially sound and compliant. This is a remote role serving U.S.

Qualifications

• SOA Associate or Fellow, or on track to become one.
• 7+ years of quantitative analysis experience.
• Excellent communication, collaboration, and relationship-building skills.
• Strong understanding of health insurance concepts and nuances.

Responsibilities

• Lead pricing initiatives and enhance pricing models and methodologies.
• Oversee end-to-end rate development within a region for ACA markets.
• Collaborate with stakeholders to guide strategic pricing decisions.
• Apply actuarial risk understanding to pricing strategy and SAE considerations.
• Provide actuarial perspective across cross-functional teams to support sustainable growth.

Skills

7+ years of quantitative analysis

Excellent communication

Relationship-building

Health insurance concepts

Education

SOA Associate or Fellow

Job description

Hi, we're Oscar. We're hiring a Senior Manager, 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 Senior Manager, Actuarial leads a team of analysts, is responsible for pricing of several ACA markets, and has team authority and subject matter expertise in a particular business area. You will be a critical partner to Market P&L, Insurance Product, and other analytic support responsibilities for consultation of regional specific pricing, network and product strategy. You will support development of national strategy. You will also own the end-to-end regulatory submission, will understand risks underlying their markets, and are responsible to ensure pricing is actuarially sound.

You will report into the Director, Actuarial.

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

Pay Transparency

The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $163,944 - $215,177 per year. The base pay for this role in all other locations is: $147,550 - $193,659 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

Responsibilities

• Lead team initiatives to enhance pricing models and methodologies.
• Oversee the end-to-end rate development within a specific region for Oscar's ACA markets.
• 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 each of your markets and more broadly across ACA -- and apply those 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 to ensure sustainable growth for Oscar's ACA Individual Markets.
• Mentor, coach, and provide pricing analysts with regular feedback.
• 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.
• Compliance with all applicable laws and regulations
• Other duties as assigned

Requirements

• Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
• 7+ years of quantitative analysis experience.
• 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 ([e-mail]) 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 .

Oscar Health is authorized to do business in many, but not all, states. If you are not located in or willing to relocate to a state where Oscar is registered, you will not be eligible for employment. The approved states for this role are listed in the job posting.