Oscar Health Insurance Co

Senior Analyst, SIU Investigator

Oscar Health Insurance Co • $72K — $94K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of insurance claims investigation or law enforcement experience
  • 1+ year of knowledge on fraud statutes and federal recoupment guidelines
  • Bachelor's degree in Criminal Justice or related field (preferred)
  • Experience in health insurance claims processing and provider contracting (preferred)
  • Certifications like CFE, AHFI, CAFP or CPC (preferred)

Responsibilities

  • Identify and investigate FWA autonomously
  • Document findings with formal reports and supporting evidence
  • Achieve targets for recoupments and savings through process improvements
  • Analyze prior cases to enhance future claim identification
  • Develop and present FWA education for internal teams
  • Ensure compliance with applicable laws and regulations
  • Carry out additional assigned duties

Benefits

  • Medical, dental, and vision insurance
  • 11 paid holidays and paid sick time
  • Paid parental leave
  • 401(k) plan participation
  • Life and disability insurance
  • Paid wellness time and reimbursements
  • Unlimited vacation policy
Full Job Description
Hi, we're Oscar. We're hiring a Senior Analyst, SIU Investigator to join our SIU team.

About the role:

The Senior Analyst, Special Investigations Unit Investigator detects, investigates, and produces change in aberrant behavior observed in claims and enrollment data. You will analyze data and manage investigative caseload from identification through to resolution including overpayment recovery, measuring behavior change and completing necessary reporting to meet monetary and caseload targets through investigations and internal process improvements for Fraud Waste and Abuse (FWA) recoupments and savings.

You will report into the Investigations Manager, SIU.

Work Location:

This is a remote position, open to candidates who reside in: Arizona; Florida; Georgia; or Texas. While your daily work will be completed from your home office, occasional travel may be required for team meetings and company events. #LI-Remote

Pay Transparency: The base pay for this role is: $72,036 - $94,547 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

You must be currently authorized to work in the United States on a full-time basis. Oscar will not sponsor applicants for this role.

Responsibilities:
  • Identify and conduct investigations into known or suspected FWA with high autonomy
  • Develop documentation to substantiate findings, including formal reports, graphs, audit logs, and other supporting documentation.
  • Meet targets through investigations and internal process improvements- which should, at least initially, increase year-over-year - for FWA recoupments and savings
  • Perform analysis on prior cases to inform future identification of similar claims or cases and associated savings (i.e., help move from "pay-and-chase" to preventive edits and prepayment activity)
  • Participate in the development and presentation of FWA-related education for Oscar teams
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Requirements:
  • 3+ years of insurance claims investigation experience or professional investigation experience with law enforcement agencies
  • 1+ year experience with applicable fraud statutes and regulations, and of federal guidelines on recoupments and other anti-FWA activity

Bonus points:
  • Bachelor's degree in Criminal Justice or a related field
  • Experience working in health insurance across several product lines specifically with claims processing, billing, reimbursement, or provider contracting.
  • Experience with HIPAA, data privacy, and/or data security processes
  • Certified Fraud Examiner (CFE), Accredited Healthcare Fraud Investigator (AHFI), Certified AML [Anti-Money Laundering] and Fraud Professional (CAFP), or similar
  • Certified Professional Coder (CPC) or similar


This is an authentic Oscar Health job opportunity.

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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