Oscar Health Insurance Co

Associate, Risk/Compliance

Oscar Health Insurance Co$87K — $114K *
Tempe, AZ 85281In-Person
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent work experience
  • 1+ year experience in health plan compliance
  • 2+ years experience with State DOI health insurance rules and regulations
  • 2+ years experience managing high volume and complicated projects
  • Knowledge of CMS ACA rules and requirements

Responsibilities

  • Partner with relevant departments to ensure current compliance levels
  • Provide training to team members on regulatory compliance
  • Ensure team awareness of compliance procedures
  • Develop and implement compliance improvement plans
  • Delegate tasks across departments to elevate compliance
  • Assist with site visits and external audits by Regulatory Authorities
  • Conduct regular audits to ascertain compliance levels

Benefits

  • Medical, dental, and vision benefits
  • 11 paid holidays
  • Paid sick time
  • Paid parental leave
  • 401(k) plan participation
  • Life and disability insurance
  • Paid wellness time and reimbursements
Full Job Description
Hi, we're Oscar. We're hiring an Associate, Risk / Compliance to join our Compliance team.

About the role:

The Associate, Risk / Compliance ensures that Oscar complies with industry specifications, standards, regulations, and laws. You will review operational practices, create and enforce procedures, and perform regulatory reviews. You will ensure and enforce compliance where required throughout the facility to ensure complete compliance in all areas of the business.

You will report into the Manager, Regulatory Operations.

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. #LI-Hybrid

Pay Transparency: The base pay for this role is: $87,188 - $114,434 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

Responsibilities:
  • Partner with all relevant departments to make sure current compliance levels.
  • Provide training to team members regarding regulatory compliance.
  • Ensure that all team members are aware of the procedures to be followed to follow compliance requirements.
  • Develop and implement compliance improvement plans where required.
  • Delegate tasks to other departments to bring compliance levels up.
  • Develop reports, to the governing body.
  • Assist Regulatory Authorities with completing site visits and external audits.
  • Prepare for, and conduct audits alongside external authorities.
  • Conduct regular audits in all required areas to ascertain compliance levels.
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Requirements:
  • Bachelor's Degree or equivalent work experience
  • 1+ year experience in health plan compliance
  • 2+ years experience with State DOI health insurance rules and regulations, CMS ACA rules and requirements, CMS requirements
  • 2+ years experience managing high volume and complicated projects, keeping track of details, and staging work to deliver projects on time

Bonus points:
  • MLR, HCRA, CMS APTC audit experience
  • Healthcare Finance background
  • CHC, CCEC, or similar
  • Fluency with State DOI audit and/or reporting obligations
  • State DOI audit management experience
  • Experience in a start-up and/or health tech environment
  • Experience in a TPA setting


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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