Oscar Health Insurance Co

Associate Director, Claims Compliance

Oscar Health Insurance Co$149K — $195K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in claims operations and processing, understanding of insurance products and regulatory policy language.
  • 5+ years of management experience leading teams, prioritizing work across high-value projects.
  • Proven ability to collaborate with regulatory agencies and familiarity with regulatory requirements.
  • Experience in data analysis with a focus on delivering actionable insights.

Responsibilities

  • Direct and coordinate claims processes, including regulatory inquiries and adjustments.
  • Lead a team of analysts in regulatory compliance investigations and external response development.
  • Influence departmental strategy using quantitative and qualitative data for organizational success.
  • Translate claims strategies into actionable business plans to achieve operational KPIs and SLAs.
  • Establish a structured approach to meet programmatic and departmental goals.
  • Communicate and collaborate across departments to resolve claims issues and implement solutions.
  • Engage with regulatory agencies and internal teams on compliance and legal matters.

Benefits

  • Medical, dental, and vision insurance.
  • 11 paid holidays and sick time.
  • Paid parental leave and wellness time.
  • 401(k) plan participation with company contribution.
  • Annual performance bonuses and unlimited vacation policy.
Full Job Description
Hi, we're Oscar. We're hiring a Claims Compliance Associate Director to join our Claims team.

About the role:

The Associate Director, Claims Compliance leads a team of analysts responsible for investigating and responding to regulatory inquiries, including market conduct exams. This role is responsible for ensuring adherence to state and federal regulations, working directly with regulators on exams and investigations, and partnering across Insurance Operations and cross-functionally to ensure processes and workflows are in place to strengthen claims compliance. The Associate Director transforms ideas from vision to implementation, with the goal of improving claims compliance and regulatory performance.

You will report into the Senior Director, Claims Quality and Compliance.

Work Location: This position is based in our New York City 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. #LI-Hybrid

Pay Transparency: The base pay for this role is: $149,040 - $195,615 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses

Responsibilities:
  • Direct and coordinate aspects of Oscar claims processes including but not limited to: research, adjustments, and regulatory inquiries.
  • Lead a team of claims analysts specializing in regulatory compliance, tasked with investigating regulatory inquiries and developing external responses.
  • Leverages industry background and knowledge of processes to influence others in sensitive complex situations while preserving relationships. Significantly influences departmental strategy by providing quantitative and qualitative inputs that drive organization success.
  • Translates the claims department's strategy into business plans and tactics in order to meet operational KPIs, targets and SLAs.
  • Creates necessary structure to achieve programmatic and departmental goals.
  • Understands and uses business and industry knowledge to inform strategy and execution.
  • Supervise and train managers and employees as needed.
  • Collaborate and communicate with other departments on claims issues, related projects and inter-departmental operations issues while developing effective, actionable solutions.
  • Effectively manage processes and inter departmental initiatives through a collaborative approach to ensure timely results or issue resolution.
  • Work cross collaboratively with various regulatory agencies, as well as Oscar's legal, audit, and regulatory compliance teams.
  • Compliance with all applicable laws and regulations.
  • Other duties as assigned.

Requirements:
  • 7+ years of demonstrated experience in claims operations and processing, insurance products, and regulatory and policy language.
  • 5+ years of people management and team leadership experience with ability to prioritize, allocate work and manage across multiple high-value projects at once.
  • Proven background collaborating with regulatory agencies and strong familiarity with regulatory requirements.
  • Experience forming data-driven, concrete answers in a world with imperfect information.

Bonus points:
  • Bachelor's degree, or 4 years commensurate experience.
  • Experience with benefit and contract interpretation or coding in professional/ institutional billing requirements.
  • Experience managing claims across multiple product types ( i.e.Medicare or Commercial).
  • Experience analyzing and improving processes and workflows.
  • Experience working with technical teams (e.g. engineering and product) to communicate our requirements, design tooling, and support technical troubleshooting.
  • Excellent leadership and communication skills to drive decision-making and results across multiple partners.


This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here.

Pay Transparency: Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. Full-time employees are eligible for benefits including: medical, dental, and vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life and disability insurance, and paid wellness time and reimbursements.

Artificial Intelligence (AI): Our AI Guidelines outline the acceptable use of artificial intelligence for candidates and detail how we use AI to support our recruiting efforts.

About Oscar Health Insurance Co

Oscar Health Insurance Co. is a technology-driven health insurance company founded in 2012 and headquartered in New York City. The company offers individual and family health insurance plans, as well as Medicare Advantage plans. Oscar Health Insurance Co. uses technology to simplify the health insurance experience for its customers, including a mobile app that allows customers to manage their health insurance policies and access telemedicine services. The company has raised over $1 billion in funding and is valued at over $5 billion.
Learn more about Oscar Health Insurance Co
Size
4,000 employees
Market Cap
$466 million
Industry
Founded
2012
NASDAQ

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