Actuarial Senior Manager

Job Description

Oscar is a technology-driven, consumer-focused health insurance startup founded in 2012 and headquartered in New York City. Our goal is to make health insurance simple, transparent, and human. We need your help to do so.

About the role:

We brought together leaders from top technology, service, healthcare, and insurance companies to work side by side to disrupt health insurance. The result? Better people, better ideas, and better healthcare.

As a Senior Actuarial Manager, you will join our Actuarial team and work directly with other actuaries, data scientists, insurance and tech professionals. You will own pieces of the actuarial work that enables our innovative model to succeed as we grow. We understand and value technology, so this can become a powerful part of your tool kit.

Responsibilities :

• Lead the development of monthly valuations for Oscar’s core books of business.
  • Execute valuations timely and ensure optimal quality and consistency of information reported.
  • Provide an effective level of visibility into financial results to support analysis, reporting, and business outcomes.
• Own and enhance valuation methodologies and processes.
  • Continuously improve valuation models to incorporate the latest data and actuarial and statistical approaches.
  • Ensure processes and underlying infrastructure are scalable to support future growth needs.
• Responsible for internal and external facing actuarial reporting and control requirements.
  • Assist in the development and filing of Statement of Actuarial Opinions and associated Memoranda
• Ensure development of robust controls to support financial and regulatory audits and Model Audit Rule
• Assist in building out insurance risk management.
  • Work closely with Enterprise Risk Management and key internal stakeholders to build and enhance insurance (underwriting and reserving) risk assessment, monitor changes to the risk profile, risk analytics, and understand key drivers
  • Develop reinsurance analytics and modeling capabilities to foster effective insurance risk and capital decisions
• Ability to solve issues with a sense of urgency

Requirements :

• You're a Fellow in the Society of Actuaries or Casualty Actuary Society
• You have 10+ years of relevant actuarial experience and a valuation background within the insurance industry.
• You have a comprehensive knowledge of actuarial principles, the Affordable Care Act, and financial and regulatory reporting requirements
• Demonstrated ability to navigate ambiguity to drive to outcomes, work with large datasets and distill analyses into actionable business insights
• Collaborative attitude to work in highly cross-functional organizations
• Experience in SQL or Python is a plus
• You have a preference for working in a dynamic startup environment where each day offers new challenges

Life at Oscar:

• 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.
• We encourage our members to care for their whole selves, and we encourage our employees to do the same with comprehensive medical benefits, generous paid-time off, paid parental leave, retirement plans, company social events, stocked kitchens, wellness programs, and volunteer opportunities.
• 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 ([email protected]) to make the need for an accommodation known.
• Pay Transparency Policy:

Oscar ensures that you won't be discharged or discriminated against based on whether you've inquired about, discussed, or disclosed your pay. Read the full policy here .