Full-Time

Actuarial Analyst II

Confirmed live in the last 24 hours

Oscar Health

Oscar Health

1,001-5,000 employees

Health insurance provider using technology

Fintech
Healthcare

Compensation Overview

$65.5k - $100.1kAnnually

+ Annual Performance Bonuses

Junior, Mid

Los Angeles, CA, USA + 2 more

More locations: Tempe, AZ, USA | New York, NY, USA

Hybrid role for candidates within commutable distance to New York City, Tempe, or Los Angeles offices; otherwise, fully remote.

Category
Insurance
Finance & Banking
Requirements
  • Bachelor's degree in a STEM field.
  • Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
  • 1+ years of quantitative analysis experience.
Responsibilities
  • Maintain and enhance core techniques for use monitoring. Ensure consistency and standardization across team users.
  • Important contributor in developing and setting trend forecasts in the budget and pricing process.
  • Identify the underpinnings that inform variation of utilization and leverage findings to promote member engagement programs.
  • Provide an actuarial viewpoint across cross-functional teams for Oscar’s ACA-compliant Individual and Small Group markets as we grow in existing and new markets.
  • Promote and shape Oscar actuarial best practices concerning automation and documentation.
  • Maintain 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.
Desired Qualifications
  • Experience with health insurance concepts and nuances.

Oscar Health provides health insurance plans for individuals, families, and small businesses, aiming to simplify the insurance experience through technology. Their services include 24/7 virtual care, allowing members to consult healthcare providers anytime, which is convenient for those needing immediate medical advice. Oscar also offers tools to help members find in-network doctors, hospitals, and pharmacies, enhancing access to care. Unlike traditional insurers, Oscar focuses on user engagement and digital accessibility, ensuring their services are inclusive for all, including people with disabilities. The company's goal is to make healthcare more accessible and affordable while maintaining high-quality care.

Company Stage

IPO

Total Funding

$1.6B

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Oscar Health aims to double its membership by 2027, leveraging ACA market position.
  • The partnership with Cigna expands Oscar's market reach and provider network.
  • Oscar's digital campaigns attracted 600,000 new members, showcasing effective customer acquisition.

What critics are saying

  • Oscar's exit from Medicare Advantage led to a loss of 1,800 members.
  • The partnership with Cigna saw a membership decline of nearly 10,000 members.
  • Oscar faces stiff competition in the employer market from larger insurers.

What makes Oscar Health unique

  • Oscar Health uses technology to simplify and humanize the insurance experience.
  • The company offers 24/7 virtual care services for immediate medical consultations.
  • Oscar provides tools to help members find doctors, hospitals, and pharmacies.

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Benefits

Health insurance - That’s a given. Employees and their families receive incredible health insurance.

Financial benefits - A penny saved....we’re talking about a 401K plan, health savings accounts, and more.

Well @ Oscar - We care about your wellness with fitness classes and access to mental health support.

Work-Life Balance - We offer multiple time-off options, wellness days, and 10+ weeks of parental leave.

Learning & Development - We offer everything from mentorship to management training.