Note: The job is a remote job and is open to candidates in USA. Oscar Health is hiring an Actuarial Analyst II - Valuation to maintain valuation processes for Affordable Care Act markets. The role maintains and reviews actuarial models for IBNR projections and risk adjustment accruals, and supports regulatory filings and strategic valuation decisions.
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
- Bachelor's degree in a STEM field
- Passed a minimum of two actuarial exams
- 2+ years of experience in a related field
- Experience with health insurance concepts and nuances
- Highly technical with a strong enthusiasm to apply tech-forward methods in actuarial models
- Proficient in coding
Benefits
- Annual performance bonuses
- Oscar's unlimited vacation program
- Medical, dental, and vision benefits
- 11 paid holidays
- Paid sick time
- Paid parental leave
- 401(k) plan participation
- Life and disability insurance
- Paid wellness time and reimbursements
- Fully remote position, open to candidates who reside in Atlanta, GA; future models could potentially involve a hybrid presence at the hub office associated with your metro area
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