Full-Time

Actuarial Analyst II

Confirmed live in the last 24 hours

Oscar Health

Oscar Health

1,001-5,000 employees

Tech-driven health insurance provider

Fintech
Healthcare

Compensation Overview

$65.5k - $100.1kAnnually

+ Annual Performance Bonuses

Junior, Mid

Remote in USA

Candidates must reside in one of the following states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, 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.

Category
Insurance
Finance & Banking

You match the following Oscar Health's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
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, focusing on making healthcare accessible and affordable. The company uses technology to enhance the insurance experience, offering 24/7 virtual care services that allow members to consult healthcare providers anytime. Oscar also provides tools to help members find in-network doctors, hospitals, and pharmacies, simplifying the process of accessing care. Unlike many traditional insurance companies, Oscar emphasizes a user-friendly digital experience and is committed to inclusivity, ensuring its services are accessible to people with disabilities. The goal of Oscar Health is to simplify the healthcare experience and improve engagement while managing costs effectively to provide 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.