Senior Analyst, Compensation

Job Posted 2 Days Ago Posted 2 Days Ago
Hiring Remotely in USA
Remote
80K-117K
Junior
Insurance
The Role
The Senior Analyst will analyze compensation data, maintain compliance, assist with audits, and support the compensation team's operations.
Summary Generated by Built In

Hi, we're Oscar. We're hiring a Senior Analyst to join our Compensation team.

Oscar is the first health insurance company built around a full stack technology platform and a 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 Senior Analyst  is responsible for providing analysis and support to the compensation team to ensure our compensation programs run successfully. This role will act as the first point of contact for employee and manager questions regarding compensation at Oscar and as the compensation SME to the internal people team for Tier 1 support. The Senior Analyst will also conduct regular audits and maintain SOPs and documentation to ensure all programs are acting in accordance with applicable laws while supporting all SOX compliance and internal audits.

You will report to a Compensation leader.

Work Location:

Oscar is a blended work culture where everyone, regardless of work type or location, feels connected to their teammates, our culture and our mission.

If you live within commutable distance to our New York City office (in Hudson Square), our Tempe office (off the 101 at University Dr), or our Los Angeles office (in Marina Del Rey), you will be expected to come into the office at least two days each week. Otherwise, this is a remote / work-from-home role.

You must reside in one of the following states: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, or Washington, D.C. Note, this list of states is subject to change. #LI-Remote

Pay Transparency:

The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $88,800 - $116,550. The base pay for this role in all other locations is: $79,920 - $104,895 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, and annual performance bonuses.


Responsibilities

  • Prepare analysis and reports to provide data driven insights to support compensation programming including, pay equity reviews, competitive market analysis, offer model recommendations, and annual compensation review cycles
  • Conduct ad hoc job description reviews and market pricing efforts including leveling and FLSA reviews
  • Maintain the Compensation in-box and respond to requests and questions from internal people team members, managers, and employees
  • Prepare and submit annual salary surveys and act as the internal system administrator for our market pricing system, CompAnalyst (through Salary.com), ensuring it remains accurate and up to date at all times
  • Complete testing to validate configuration of the compensation module in Workday and run regular audits to ensure compensation data integrity and reporting accuracy
  • Calculate monthly bonus accruals, along with finance partners, to support budgeting for the annual bonus program
  • Draft training materials for ongoing communications and education around all aspects of our compensation programs
  • Assist in providing compensation evidence and support for SOX compliance and internal audits
  • Compliance with all applicable laws and regulations 
  • Other duties as assigned

Qualifications

  • 1+ years working in compensation, specifically with market pricing, job description reviews, and FLSA audits
  • 1+ years experience in analyzing large data sets and presenting findings in concise and relatable formats (advanced excel knowledge)
  • 1+ years hands on experience working in the compensation module in Workday
  • 1+ years of working with Salary Surveys (Radford, Mercer, Salary.com)
  • Strong attention to detail with the ability to handle sensitive and confidential information

Bonus Points

  • Experience in the Advanced Compensation Module in Workday
  • Familiarity with equity compensation and stock plans
  • Healthcare/Insurance industry related experience
  • High tech/start up company experience

Travel Required

  • Up to 5%


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.

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 (accommodations@hioscar.com) to make the need for an accommodation known.

Artificial Intelligence (AI) Guidelines: Please see our AI Guidelines for the acceptable use of artificial intelligence during the interview process at Oscar.

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 Notice to Job Applicants.

Top Skills

Companalyst
Excel
Workday
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The Company
Dallas, TX
1,899 Employees
On-site Workplace
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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