Senior Actuarial Analyst

Hi, we're Oscar. We're hiring a Senior Actuarial Analyst to join our Actuarial team.

Oscar is the first health insurance company built around a full stack technology platform and a 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 contributes in supporting Oscar’s forecasting, strategy, and pricing efforts across multiple Affordable Care Act (ACA) markets. You will focus on analyzing network-related performance trends to inform budget planning, pricing strategies, and overall company direction. You will be responsible for building and refining analytical models that evaluate both historical and current performance, providing insights into Oscar’s network-focused programs. By bringing an actuarial perspective to these analyses, you will help shape network strategies and ensure data-driven decision-making.

You will report to the Sr. Manager, Actuarial.

Work Location:

Oscar is a blended work culture where everyone, regardless of work type or location, feels connected to their teammates, our culture and our mission.

If you live within commutable distance to our New York City office (in Hudson Square), our Tempe office (off the 101 at University Dr), or our Los Angeles office (in Marina Del Rey), you will be expected to come into the office at least two days each week. Otherwise, this is a remote / work-from-home role.

You must reside in one of the following states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, or Washington, D.C. Note, this list of states is subject to change. #LI-Remote

Pay Transparency:

The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $93,600 - $122,850 per year. The base pay for this role in all other locations is: $82,240 - $110,565 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

Responsibilities

• Help develop models, applying tools, and conducting benchmarking analyses to guide total cost of care (TCoC) strategies, using insights to support the creation and promotion of high-performing networks.
• Provide actuarial expertise to teams for Oscar’s ACA-compliant individual markets, supporting growth in both existing and new markets.
• Analyze the causes of observed trends to deliver relevant insights that inform financial planning, including budgeting, pricing, and strategic programs for network and member engagement.
• Advocate for and establish best practices in actuarial processes, emphasizing automation and documentation. 
• Foster relationships and communicate with internal and external stakeholders.
• Support the onboarding of new analysts by facilitating their integration into established processes.
• Compliance with all applicable laws and regulations.
• Other duties as assigned.

Qualifications

• 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.

Bonus Points

• Knowledge of core health insurance concepts and experience with actuarial applications.
• Technical with an enthusiasm to apply tech-forward methods in actuarial models.