Associate, Medical Economics

About The Role

The Associate, Medical Economics, is part of Oscar’s Medical Cost Analytics team within the Medical Economics department. You will report to the Associate Director of Medical Economics and work with a team that partners with the VP of Regional Market. The role focuses on providing actionable insights through trend monitoring, identifying key market drivers, and evaluating market-level initiatives.

You will collaborate with market management teams, regional actuaries, and market medical officers to deliver analytical support that informs strategic decision-making, optimizes market performance, and improves the total cost of care while driving affordability value.

Work Location: This position is based in our Tempe, AZ office, requiring a hybrid work schedule with 3 days of in-office work per week. Thursdays are a required in-office day for team meetings and events, while your other two office days are flexible to suit your schedule.

Responsibilities

• Work under the guidance of the Associate Director, Medical Economics, serving as a highly engaged analytic partner to drive market performance.
• Analyze regional trends, competitor activities, and industry developments to identify new opportunities and risks.
• Perform in-depth analysis of integrated claims and operational data (medical, pharmacy, lab, auths) to identify cost and trend drivers informing market operations.
• Provide proactive financial guidance on emerging market trends and their potential impact on financial performance.
• Assess the effectiveness of market-level programs and integrate them into the central affordability program.
• Build retrospective studies to measure the actual financial and clinical outcomes of implemented affordability initiatives, comparing results against initial projections.
• Develop repeatable analytical processes that scale across market areas.
• Present materials for market finance review meetings and manage follow-up with market leadership.
• Develop best practices in analytics, automation, and documentation, contributing to department programs around innovation, AI use, and tooling improvements.
• Ensure compliance with all applicable laws and regulations.
• Perform other duties as assigned.

Requirements

• College degree in a STEM field: e.g., Economics, Actuarial Science, Health Economics, Biostatistics, Health Informatics, or Health Services Research.
• 4+ years of quantitative analysis experience.

Bonus Points

• Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
• Excellent communication, collaboration, and relationship-building skills.
• Strong understanding of health insurance concepts, data sources, and nuances.
• Proficiency using SQL, R, and/or Python to query, manipulate, and analyze data.

Pay

The base pay for this role is $111,034 - $145,733 per year.

Benefits

• Employee benefits including medical, dental, and vision coverage.
• 11 paid holidays, paid sick time, and paid parental leave.
• 401(k) plan participation.
• Life and disability insurance.
• Paid wellness time and reimbursements.
• Unlimited vacation program.
• Annual performance bonuses.

Schedule

Hybrid work schedule with 3 days of in-office work per week (Thursdays required; other two days flexible).