Associate Director, Actuarial

🔥 0 minutes ago

🏄 California, Connecticut, +3 more states – Remote

🏄 California – Remote 🦌 Connecticut – Remote 🏖️ New Jersey – Remote 🗽 New York – Remote ☕ Washington – Remote

💵 $162.5k - $236.9k / year

⏰ Full Time

🟠 Senior

📊 Actuary

🦅 H1B Visa Sponsor

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Oscar Health

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 2012

⚕️ Healthcare Insurance

🏥 Healthcare

💰 $355M Post-IPO Debt - Oscar Health on 2025-09

Healthcare Insurance • Healthcare

Oscar Health is a technology-driven health insurance company that provides individual, family, and small-group health plans in multiple U. S. states. Oscar combines traditional insurance underwriting with digital-first services — a consumer-facing app, 24/7 virtual urgent care, prescription delivery (including $3 meds in many plans), and dedicated Care Teams — and also operates Oscar Primary Care in some markets. The company emphasizes accessible, affordable, high-quality care and uses AI to improve member experience and care delivery. Insurance policies are underwritten by Oscar's state insurance subsidiaries and the company offers both HMO and other plan types across its markets.

📋 Description

• Lead and develop a team of Actuarial professionals. • Price several ACA markets. • Review the reasonableness of results, quantify risks inherent in decisions, and make recommendations supporting market goals. • Mentor and develop actuaries, including Managers and Analysts. • Collaborate with Finance, Market P&L, and Product Development. • Report to the VP, Actuarial. • Own financial estimates and forecasts; communicate findings and critical actuarial recommendations to senior management. • Lead initiatives to enhance actuarial models and methodologies. • Oversee end-to-end actuarial pricing processes within a portfolio or sub-portfolio. • Guide strategic business decisions regarding rates. • Analyze financial risks and opportunities and guide pricing strategy, SAE considerations, network strategy, and mitigation strategies. • Provide actuarial expertise across cross-functional teams in existing and new markets and business lines. • Lead actuarial best practices for automation and documentation. • Develop relationships and communication with internal and external stakeholders. • Comply with applicable laws and regulations. • Perform other duties as assigned.

🎯 Requirements

• Bachelor's degree in a STEM field, or 4 years commensurate experience. • Fellow of the Society of Actuaries (SOA), or actively pursuing exams to attain fellowship. • 7+ years of actuarial and / or quantitative analysis experience. • Must reside in the U.S., excluding Alaska, Delaware, Hawaii, Louisiana, Montana, North Dakota, Oklahoma, West Virginia, Wyoming, and U.S. Territories.

🏖️ Benefits

• Employee benefits • Unlimited vacation program • Annual performance bonuses • Medical benefits • Dental benefits • Vision benefits • 11 paid holidays • Paid sick time • Paid parental leave • 401(k) plan participation • Life insurance • Disability insurance • Paid wellness time • Wellness reimbursements • Occasional travel for team meetings and company events