Full-Time

Compensation Program Manager

Confirmed live in the last 24 hours

Oscar Health

Oscar Health

1,001-5,000 employees

Health insurance using technology solutions

Fintech
Social Impact
Healthcare

Compensation Overview

$102.2k - $149.1kAnnually

+ Annual Performance Bonuses

Mid, Senior

Los Angeles, CA, USA + 3 more

More locations: Remote in USA | Tempe, AZ, USA | New York, NY, USA

Hybrid role for candidates living near New York City, Tempe, or Los Angeles; must reside in one of the specified states.

Category
Project Management
Business & Strategy
Requirements
  • 4+ of experience in compensation planning and analysis at a public company
  • Ability to lead programs and processes organization wide by 4+ years of demonstrated project management experience and the ability to handle multiple projects simultaneously while adhering to strict deadlines
  • 4+ years of hands on experience in advanced excel with the ability to build complex models and create robust analyses
  • 4+ years of expertise of job architecture and market data analysis
  • 2+ years of Workday experience
Responsibilities
  • Maintain and run the operations of compensation programs across Oscar, including broad based compensation planning, EOY review cycles, pay equity studies, sales compensation, and annual bonus plans.
  • Communicate and educate employees about the compensation philosophy and programs ensuring transparency and understanding while also ensuring other People Team members understand their role within the programs.
  • Act as the point of contact and project manager within the People Team to support compensation related initiatives.
  • Liaise with Finance teams to ensure accurate support of budgeting, headcount planning, and the bonus accruals process.
  • Conduct ongoing assessments of compensation plan performance/effectiveness and guide recommendations for enhancements and changes based on market best practices and Oscar’s current needs.
  • Support SOX compliance by providing support for applicable audits of process, calculations, and payment activity.
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Oscar Health provides health insurance plans for individuals, families, and small businesses, aiming to simplify the insurance experience through technology. Their services include 24/7 virtual care, allowing members to consult healthcare providers anytime, which is convenient for those needing immediate medical advice. Oscar also offers tools to help members find in-network doctors, hospitals, and pharmacies, enhancing access to care. Unlike traditional insurance companies, Oscar focuses on user engagement and digital accessibility, ensuring their services are inclusive for all, including people with disabilities. The company's goal is to make healthcare more accessible and affordable while maintaining high-quality care.

Company Stage

IPO

Total Funding

$1.6B

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

2%

1 year growth

9%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Oscar Health's aim to double its membership by 2027 indicates significant growth potential and market expansion.
  • The company's strong financial performance and profitability outlook for 2024 reflect robust business health.
  • Strategic partnerships, such as the one with Sanford Health Plan, enhance member engagement and technological integration.

What critics are saying

  • The competitive health insurance market requires continuous innovation to maintain a competitive edge.
  • Dependence on ACA policies and government regulations could pose risks if there are changes in healthcare laws.

What makes Oscar Health unique

  • Oscar Health leverages technology to simplify and humanize the insurance experience, setting it apart from traditional insurers.
  • Their 24/7 virtual care services provide immediate medical consultations, enhancing accessibility and convenience for members.
  • Oscar's focus on ACA-compliant plans and transparency in pharmacy benefits positions it uniquely in the market.

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Benefits

Health insurance - That’s a given. Employees and their families receive incredible health insurance.

Financial benefits - A penny saved....we’re talking about a 401K plan, health savings accounts, and more.

Well @ Oscar - We care about your wellness with fitness classes and access to mental health support.

Work-Life Balance - We offer multiple time-off options, wellness days, and 10+ weeks of parental leave.

Learning & Development - We offer everything from mentorship to management training.