Oscar Health Insurance Co

Senior Director, Enterprise Compliance

Oscar Health Insurance Co$196K — $258K *
Healthcare
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years of experience in healthcare compliance or regulatory affairs
  • 5+ years managing compliance teams
  • Familiarity with OIG Compliance Program Guidance
  • Experience in highly regulated healthcare settings
  • Proven ability to anticipate regulatory changes and adjust compliance strategies
  • Expertise in conducting compliance investigations and audits
  • Strong communication skills, especially with senior leadership

Responsibilities

  • Lead and enhance Oscar's enterprise compliance program
  • Translate compliance priorities into actionable operating plans
  • Advise senior leaders on regulatory impacts to business strategy
  • Oversee compliance investigations and manage significant concerns
  • Collaborate with cross-functional leaders to integrate compliance into business processes
  • Promote a culture of ethics through compliance education initiatives
  • Report on compliance status to executive leadership and regulatory bodies

Benefits

  • Unlimited vacation program
  • Company equity grants
  • Annual performance bonuses
  • Medical, dental, and vision benefits
  • 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 a Senior Director, Enterprise Compliance to join our Compliance team.

About the role:

The Senior Director, Enterprise Compliance supports the execution and continuous improvement of Oscar's enterprise compliance program. Reporting to the Chief Compliance Officer, you will provide leadership over key compliance functions, including regulatory compliance, regulatory change management/implementation, compliance operations, investigations, monitoring and auditing, policy governance, and compliance education. You will anticipate regulatory and industry developments, translates them into enterprise compliance priorities, and partners with cross-functional leaders to identify and mitigate compliance risks, strengthen internal controls, and promote a culture of ethics and integrity. You will exercise significant independent judgment, develops a compliance organization, and serves as a trusted advisor to business leaders on complex healthcare regulatory matters.

You will report into the Vice President, Chief Compliance Officer.

Work Location: This is a remote position, open to candidates who reside in: Dallas, TX. You will be fully remote; however, our approach to work may adapt over time. Future models could potentially involve a hybrid presence at the hub office associated with your metro area. #LI-Remote

Pay Transparency: The base pay for this role is: $196,733 - $258,212 per year.. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants and annual performance bonuses.

Responsibilities:
  • Lead the execution and continuous improvement of Oscar's enterprise compliance program, including the multi-year compliance strategy, annual compliance work plans, risk assessments, policy governance, regulatory change management/implementation, monitoring, auditing, and reporting activities.
  • Translate enterprise compliance priorities into an relevant operating plan; establish ownership and governance; allocate resources; develop compliance managers and team members; remove barriers; and lead accountability for measurable outcomes.
  • Anticipate regulatory and industry developments and advise senior leaders on their possible effects for Oscar's products, market participation, business strategy, and operating model. Provide guidance on federal and state healthcare regulations, contractual obligations, and emerging regulatory risks across applicable lines of business.
  • Oversee compliance investigations, hotline reporting, the Special Investigations Unit, fraud-prevention activities, corrective action plans, and remediation efforts, ensuring timely resolution and appropriate escalation of significant compliance concerns.
  • Partner with leaders across Legal, Privacy, Security, Internal Audit, Enterprise Risk, Clinical, Product, Operations, and People teams to embed compliance requirements into business processes and strategic initiatives.
  • Set and uphold enterprise standards for ethics and compliance by leading education, communications, and awareness initiatives that strengthen Oscar's culture of ethics and compliance.
  • Lead compliance reporting and engagement for executive leadership, Compliance Committee, Board committees, and regulatory examinations; support interactions with regulators and external auditors.
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Requirements:
  • 12+ years of progressively responsible experience in healthcare compliance, regulatory affairs, legal compliance, audit, or enterprise risk management.
  • 5+ years leading high-performing compliance teams and enterprise-wide compliance initiatives.
  • Demonstrated experience designing, implementing, and maintaining an effective healthcare compliance program aligned with OIG Compliance Program Guidance and applicable federal and state regulations.
  • Experience supporting highly regulated healthcare organizations, including health plans, managed care organizations, healthcare technology companies, provider organizations, or related entities.
  • Track record of anticipating regulatory developments and translating them into enterprise priorities, operating plans, and business controls.
  • Demonstrated experience leading complex compliance investigations, monitoring and auditing activities, regulatory risk assessments, corrective action planning, and policy governance.
  • Experience advising senior business leaders on complex regulatory and operational compliance issues and leading their resolution
  • Strong written and verbal communication skills, experience presenting to executive leadership, governance committees, regulators, or external auditors.

Bonus points:
  • Experience supporting Marketplace and other applicable government or commercial health-plan products.
  • Experience leading compliance in a technology-enabled, rapidly scaling, or operationally complex healthcare organization.
  • Experience using data, technology, and automation to improve compliance monitoring, reporting, and program effectiveness.
  • Healthcare compliance certification such as CHC, CHPC, CCEP, or comparable certification.
  • JD, master's degree, or other relevant advanced education.


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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