Full-Time

Associate Director

Claims Production

Posted on 9/27/2024

Oscar Health

Oscar Health

1,001-5,000 employees

Health insurance provider using technology

Fintech
Healthcare

Compensation Overview

$107.3k - $156.4kAnnually

+ Annual Performance Bonuses

Senior, Expert

Los Angeles, CA, USA + 3 more

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

Hybrid role for candidates within commutable distance to New York City, Tempe, or Los Angeles offices, requiring in-office presence at least two days a week.

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Required Skills
Inventory Management
Requirements
  • 7+ years of experience in claims operations including adjudication, adjustments and inventory management
  • 5+ years of people management and team leadership experience with ability to prioritize, allocate work and manage across multiple high-value projects at once
  • 3+ years experience with benefit and contract interpretation or coding in professional/ institutional billing requirements.
  • 3+ years experience managing claims across multiple product types (i.e. Medicare or Commercial)
  • 3+ years experience analyzing and improving processes and workflows
  • 5+ years experience working with technical teams (e.g. engineering and product) in translating business requirement specifications
  • Bachelor's degree, or 4 years commensurate experience
  • CPC or other professional coding certification
Responsibilities
  • Manage open claim inventory and mitigation of interest bearing claims payment
  • Oversee cross functional claims divisions including but not limited to: production, adjustment, and disputes work units
  • Collaborate with business leaders and internal stakeholders to set strategy, align on organization structure, and evaluate people-based business decisions
  • Direct and coordinate aspects of Oscar claims processes including but not limited to: research, adjustments, and regulatory inquiries or escalations from providers
  • Leverages industry background and knowledge of processes to influence others in complex situations. Significantly influences departmental strategy by providing quantitative and qualitative inputs that drive organization success.
  • Translates the claims department’s strategy into business plans and tactics in order to meet operational KPIs, targets and SLAs.
  • Creates necessary structure to achieve programmatic and departmental goals
  • Understands and uses business and industry knowledge to inform strategy and execution
  • Collaborate and communicate with other departments on claims issues, related projects and inter-departmental operations issues while developing effective, actionable solutions.
  • Effectively manage processes and inter departmental initiatives through a collaborative approach to ensure timely results or issue resolution.
  • Work cross collaboratively with various regulatory agencies, as well as Oscar’s legal, audit, and regulatory compliance teams.
  • Responsible for ongoing career development of the team, maintaining culture and employee satisfaction. Supervise and train managers and employees as needed.
  • 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 locate doctors and facilities that accept their insurance, enhancing access to care. Unlike traditional insurers, 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

4%

1 year growth

11%

2 year growth

9%
Simplify Jobs

Simplify's Take

What believers are saying

  • Oscar Health's partnership with Cigna expands its provider network for small businesses.
  • The company gained 600,000 new members through personalized digital campaigns in 2023.
  • Oscar Health reported a 46% revenue increase year-over-year, showcasing strong financial performance.

What critics are saying

  • Oscar Health exited the Medicare Advantage market, losing 1,800 members.
  • The partnership with Cigna saw a membership decline of nearly 10,000 members year-over-year.
  • Reliance on the ACA market poses risks due to potential political and regulatory changes.

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.

INACTIVE