Full-Time

Claims Examination Processor

Posted on 3/8/2025

Oscar Health

Oscar Health

1,001-5,000 employees

Tech-driven health insurance provider

Compensation Overview

$19Hourly

Junior, Mid

Remote in USA

Candidates must reside in one of the following states: Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, or Washington, D.C.

Category
Supply Chain Management
Operations & Logistics
Required Skills
Excel/Numbers/Sheets
Requirements
  • 1+ years previous work experience in claims processing
  • 1+ years quantitative analysis skills demonstrated through the use of Excel or Google Sheets
  • 1+ years strong verbal and written communications, and interpersonal interactions
Responsibilities
  • Develop an excellent grasp of the Administrative Operations system and overall workflows.
  • Develop a comprehensive understanding of the current review processes that currently exist and additional processes needed to improve consistency and quality of review.
  • Contribute to the reduction of the daily inventory.
  • Form strong working relationships with internal and external stakeholders.
  • Take ownership of monitoring, tracking, and statusing the health of all work-in-progress issues.
  • Manage the escalation and resolution process with external vendors to ensure appropriate turnaround times (where applicable).
  • Contribute to team-wide goals that support the success of Claims Productions daily operations.
  • Compliance with all applicable laws and regulations
  • Other duties as assigned
Desired Qualifications
  • A bachelor’s degree in Business, Accounting, Finance, Economics, Healthcare, Public Policy, Technology or Math
  • In-depth knowledge of general Insurance and/or Health Insurance operations processing protocols and payment schemes.
  • Experience manipulating and entering accurate data in a production driven environment.
  • Experience handling Personal Health Information (PHI) in a professional manner.
  • Demonstrated capacity to balance competing priorities and continue to execute projects with excellence.

Oscar Health provides health insurance plans for individuals, families, and small businesses, focusing on making healthcare simple and accessible. Their services include 24/7 virtual care, allowing members to consult healthcare providers anytime without needing to visit a physical location. Oscar uses technology to enhance user experience, offering tools to help members find doctors and facilities that accept their insurance. Unlike traditional insurance companies, Oscar emphasizes a user-friendly approach and digital accessibility, ensuring that their services are inclusive for all. The company's goal is to simplify the insurance experience and make healthcare affordable for everyone.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Oscar Health reported its first profitable year in 2024, indicating financial growth.
  • The partnership with Cigna expands Oscar's reach into small and mid-sized businesses.
  • Oscar's investment in StretchDollar taps into innovative health benefit solutions for SMBs.

What critics are saying

  • Oscar Health faces a securities fraud investigation, posing legal and reputational risks.
  • The company's stock dropped nearly 18% after announcing its first profitable year.
  • Oscar's exit from the Medicare Advantage market resulted in losing 1,800 members.

What makes Oscar Health unique

  • Oscar Health uses technology to simplify and humanize the insurance experience.
  • The company offers 24/7 virtual care services for immediate medical consultations.
  • Oscar Health focuses on digital accessibility, ensuring services are inclusive for all.

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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.

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
MarketBeat
Mar 1st, 2025
Lingotto Investment Management LLP Invests $2.54 Million in Oscar Health, Inc. (NYSE:OSCR)

Lingotto Investment Management LLP invests $2.54 Million in Oscar Health, Inc. (NYSE:OSCR).

Access News Wire
Feb 21st, 2025
Shareholders That Lost Money on Oscar Health, Inc. (OSCR) Should Contact Levi & Korsinsky About Securities Fraud Investigation - OSCR

NEW YORK, NY / ACCESS Newswire / February 21, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Oscar Health, Inc. ("Oscar Health, Inc.") (NYSE:OSCR) concerning possible violations of federal securities laws.

PYMNTS
Feb 5th, 2025
Oscar Health Reports First Profitable Year As Digital Mix Drives Engagement

The U.S. healthcare sector has undergone a rapid digital transformation in recent years, driven by a combination of regulatory shifts, consumer demand and technological advancements.The pandemic accelerated the adoption of telemedicine, remote monitoring and artificial intelligence (AI)-driven diagnostics, making digital health an essential component of modern care delivery.Against that backdrop, healthcare technology company Oscar Health reported positive fourth-quarter 2024 and full-year financial results Tuesday (Feb. 4), stressing to investors that as consumers expect on-demand, tech-enabled healthcare experiences, Oscar Health’s digital-first strategy aligns with broader market trends.“Oscar capped the strongest year of financial performance in company history,” said Mark Bertolini, CEO of Oscar Health. “Our strong top and bottom line performance, all-time-high-membership and consistent execution demonstrate our ability to deliver sustained profitable growth.”The company’s total revenue for the 2024 fiscal year was $9.2 billion, marking a 56.5% increase from the previous year. Oscar reported a $25 million profit for the year, despite losing $153.5 million in the fourth quarter.Since its founding in 2012, Oscar had yet to turn a profit for a full year. The question now is whether Oscar can continue to execute its vision profitably while maintaining its commitment to innovation.The company’s stock is trading down nearly 18% after hours as of reporting.Read more: Unlocking the Future of Digital Health at the World Economic ForumThe Rise of Digital Health Represents an Industry ShiftThe healthcare industry sits at the intersection of innovation and evolving patient expectations.Oscar Health’s focus on leveraging technology to enhance member experiences and streamline operations has been central to its strategy

BenefitsPRO
Dec 13th, 2024
Ex-Aetna CEO calls for end to employer-based health coverage

Oscar Health partnered with Cigna in 2020 to provide group insurance to small-and mid-sized businesses and gain access to its provider network.

Technical.ly
Dec 3rd, 2024
Stretchdollar Raises A $6M Seed, With Plans For Growth At Its New Pittsburgh Hq

Pittsburgh’s fintech sector just received a $6 million boost and the funds could transform how many small businesses provide health benefits.StretchDollar, an insurance fintech startup with dual headquarters in Pittsburgh and San Francisco, announced a $6 million seed funding round on Tuesday led by Fika Ventures and Oscar Health. The company, now worth an undisclosed amount, says it’ll use the funds to improve its platform and possibly further its Pittsburgh presence after CEO Marshall Darr moved to the city earlier this year.“Right now, we’re focusing on expanding our marketing and engineering teams, with more roles likely opening after the new year,” Darr told Technical.ly. While the small company is committed to being remote-first, “I’d love to have more colleagues nearby, so while there’s nothing concrete, an office in Pittsburgh is definitely a possibility,” he said.Launched September 2023, StretchDollar offers small businesses a platform to contribute pre-tax funding directly to employee-owned health plan premiums. Just last month, the company grew its customer base by 25% and is on track to end 2024 with over 200 small businesses using the platform, according to Darr.The whopping $6 million raise demonstrates the rise of the platform, too. In 2023, the median seed round raise was just $1 million and climbed slightly to $1.3 million in the first half of 2024, according to startup data website Crunchbase.“We’re growing rapidly because there’s a gap in the market,” Darr said.The decision to make Pittsburgh one of StretchDollar’s homes poises it for growth — but was originally a personal decision, Darr said. His wife accepted a physician position at healthcare provider UPMC and they moved to the region from Philly in May, which is when the company’s presence in Pittsburgh officially began.The fintech market in Pittsburgh is both diverse and dynamic, including major multi-billion-dollar institutions like PNC and BNY Mellon, as well as growing local startups like payment services Affirm and Pineapple Payments

INACTIVE