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Full-Time

NE Region Counsel

Posted on 6/27/2024

Oscar Health

Oscar Health

1,001-5,000 employees

Health insurance provider using technology

Fintech
Social Impact
Healthcare

Compensation Overview

$172.2k - $252kAnnually

+ Equity Grants + Performance Bonuses

Expert

Los Angeles, CA, USA + 2 more

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

Hybrid role requiring in-office presence at least two days a week for those living near New York City, Tempe, or Los Angeles.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • J.D. from an ABA accredited law school
  • Law license in good standing and the ability to register as In-House Counsel in NY State (NY bar admission is *not* required)
  • 10+ years of relevant experience at a top tier law firm, in-house counsel, insurance regulatory agency and/or legislative committee
Responsibilities
  • Analyze and distill complex legal issues into easily understandable content so Oscar can move corporate objectives forward in the NE region.
  • Be the national subject matter expert for one or more legal areas critical to the business enterprise.
  • Be the subject matter expert on regulatory and industry developments, including proactive identification and assessment of regulatory developments and related risks/opportunities
  • Provide daily legal advice related to Oscar's Individual and Small Group lines of business, including broker/agent administration, corporate licensure, and state exchange and 1332 waiver program obligations
  • Serve as legal advisor on matters before state and federal regulatory bodies, including product , rate and network filings, service area expansion, and financial matters.
  • Provide subject matter expertise to further the development, implementation and continuous improvement of company and legal team processes and procedures
  • 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 many 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

N/A

Total Funding

$1.6B

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

3%

1 year growth

4%

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.

INACTIVE