Sr. Analyst, Actuarial - Reserving

Oscar Health; Dallas (TX); Remote; USD 92,000 - 120,000; Full time

Job summary

Oscar Health is seeking a Senior Analyst, Actuarial - Reserving to join the Actuarial team. The role focuses on IBNR projections, risk adjustment accruals, and analyzing performance trends for ACA markets. The position offers a remote setup with possible future hybrid options and a base salary plus bonuses.

You will leverage SQL and Python to enhance actuarial frameworks, support monthly closes, and contribute to regulatory filings while collaborating with internal and external stakeholders.

Qualifications

• Bachelor's degree in a STEM field.
• 3+ years of experience in actuarial or related field.
• Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.

Responsibilities

• Establishes and communicates IBNR accruals and risk adjustment for monthly close.
• Uses SQL and Python to expand frameworks and drive insights for actuarial teams.
• Reviews and submits regulatory filings and analyzes performance trends.
• Supports budgeting, pricing, and strategic planning with data-driven findings.
• Promotes actuarial automation, documentation, and cross-team collaboration.

Skills

Analytical thinking

Communication

Education

Bachelor's degree in a STEM field

Tools

SQL

Python

Job description

Hi, we're Oscar. We're hiring a Senior Analyst, Actuarial - Reserving 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 Analyst, Actuarial supports Oscar’s Valuation processes for a number of Affordable Care Act (ACA) markets. You will be responsible for establishing Incurred but not Reported (IBNR) projections and risk adjustment accruals, and investigating actual performance trends that will inform budget planning, pricing, and company strategies. This position is eligible for the department’s rotational program.

Work Location:

This is a remote position, open to candidates who reside in: Dallas, TX. 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. #LI-Remote

Pay Transparency:

The base pay for this role is: $91,660 - $120,303 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

Responsibilities:

• Establishes and communicates the accruals for the monthly close process related to Incurred but not Reported (IBNR) claims, Risk adjustment and/or Shared Savings deals.
  Leverages SQL and Python to expand existing frameworks, driving new insights and resources for other Actuarial teams.
  Key contributor in reviewing and submitting regulatory filings.
  Investigates the core drivers of observed trends and provides meaningful information for consideration in the financial planning process.
  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.

Requirements:

• Bachelor's degree in a STEM field.
• Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
• 3+ years of experience in a related field.

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.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in Oscar Health's Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.