Director, Internal Audit

Posted 7 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
181K-237K Annually
Expert/Leader
Healthtech • Insurance
The Role
Lead development and execution of a risk-based internal audit plan, advise business partners on controls and risks, coordinate with risk functions (Security GRC, Privacy, Compliance, SOX), produce audit reports and Audit Committee materials, present findings to senior management, develop IA team training and ensure IIA standards compliance.
Summary Generated by Built In

Hi, we're Oscar. We're hiring a Director, Internal Audit to join our Strategic Finance team.

Oscar is the first health insurance company built around a full stack technology platform and a relentless focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselves—one that behaves like a doctor in the family.

About the role:

The Director, Internal Audit plays a critical role in advancing and refining our IA function as we shape the future, create insights and enhance operations. You will develop and execute the internal audit (IA) plan, working with the Vice President, Internal Audit & Enterprise Risk. We are looking for regular interaction with senior management.

You will report into the VP, Internal Audit and Enterprise Risk.

Work Location: This position is based in our New York City office, requiring a hybrid work schedule with 3 days of in-office work per week. Thursdays are a required in-office day for team meetings and events, while your other two office days are flexible to suit your schedule. #LI-Hybrid

Pay Transparency: The base pay for this role is: $180,504 - $236,911 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants and annual performance bonuses.

Responsibilities:

  • Along with the VP, Internal Audit & Enterprise Risks, assist in shaping and executing the IA strategic roadmap and in maturing the IA function
  • Participate in enterprise risk assessment effort, with the VP, Internal Audit
  • Lead the effort in developing and executing the annual risk-based internal audit plan, including the internal audit reports
  • Provide advisory services and insights to the business partners on risk and internal controls
  • Collaborate with other corporate risk and control functions (e.g. Security GRC, Privacy, Compliance, SOX) to ensure activities are coordinated and where possible, leveraged
  • Help develop the material for Audit Committee reporting
  • Present findings and recommendations and articulate risks and implications to management
  • Develop relationships with business partners to understand functions, processes, potential risks and influence the risk mitigation efforts
  • Develop training programs for IA team members and ensure compliance with IIA standards
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Requirements:

  • Bachelor's degree in business or related fields
  • 10+ years experience in internal audit or a similar role, in Big4 or public companies
  • 4+ years of relevant industry experience (healthcare, insurance, and / or technology)
  • 4+ years experience in managing teams of internal resources or consultants

Bonus points:

  • Insurance and healthcare
  • Finance and Accounting understanding
  • Relevant certifications such as CIA, CPA, CISA or equivalent
  • Data & analytics

This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves and find both belonging and support. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.

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.

Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicant’s disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team ([email protected]) to make the need for an accommodation known.

California Residents: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Privacy Policy.

Skills Required

  • Bachelor's degree in business or related field
  • 10+ years experience in internal audit or a similar role, in Big4 or public companies
  • 4+ years relevant industry experience (healthcare, insurance, and/or technology)
  • 4+ years experience managing teams of internal resources or consultants
  • Insurance and healthcare experience
  • Finance and accounting understanding
  • Relevant certifications such as CIA, CPA, CISA or equivalent
  • Data & analytics skills

Oscar Health Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Oscar Health and has not been reviewed or approved by Oscar Health.

  • Healthcare Strength Employer-sponsored medical coverage for employees and their families with mental-health support is prominently offered. Wellness programming and digital care access add to perceived strength.
  • Parental & Family Support Paid parental leave of 10+ weeks, backup care, and family-forming support (including fertility and adoption benefits) are part of the package. Reproductive‑loss leave is also noted.
  • Leave & Time Off Breadth Multiple time‑off options, wellness days, and an unlimited vacation program for some roles are described. Paid holidays, paid sick time, and a long‑tenure sabbatical broaden time‑away choices.

Oscar Health Insights

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The Company
HQ: New York, NY
2,200 Employees
Year Founded: 2012

What We Do

Health care is broken; we're trying to fix it. The Oscar team is focused on utilizing technology, design and data to humanize health care. We're a group of technology and health care professionals who looked at the current state of the US health care system, got frustrated by the horrible consumer experience, and decided to do something big about it. Backed by a renowned set of investors and advisors, we’ve set out to revolutionize health care.

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