Remote
Senior Manager, Actuarial
About this role
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.