Compensation Program Manager

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About the Company

Oscar is a rapidly growing health insurance company founded in 2012, driven by a desire to improve the health insurance experience for consumers. With a full-stack technology platform at its core, Oscar aims to serve its members by creating a more personalized and transparent healthcare system.

Job Title and Overview

The position available is for a Compensation Program Manager. This role is crucial within Oscar’s HR team, focusing primarily on maintaining and operating various compensation programs across the company. The candidate will be responsible for managing compensation strategies and ensuring that these align with market best practices.

Key Responsibilities

The Compensation Program Manager plays a significant role in the overall operation of Oscar's compensation programs. Key responsibilities include:

• Maintaining and running operations of compensation programs, covering broad-based compensation planning, sales compensation, and annual bonus programs.

• Acting as the project manager for the Compensation Team, ensuring that all compensation-related programming is developed and implemented effectively and transparently.

• Communicating and educating employees about the company's compensation philosophy, ensuring transparency and proper understanding among all staff.

• Collaborating with Finance teams to support budgeting and headcount planning while ensuring accuracy in bonus accruals.

• Conducting ongoing assessments of compensation plan performance and making recommendations for enhancements based on market practices.

• Supporting compliance efforts and audits as needed, ensuring adherence to relevant regulations and laws.

Work Location

Oscar features a blended work culture. Employees working remotely can expect to stay connected with their teammates, culture, and mission, regardless of their work setup. For those living near Oscar's main office locations (New York City, Tempe, or Los Angeles), there’s an expectation to come into the office at least two days a week. The job is essentially remote for candidates who reside in specific states identified by the company, and employees must live within these states to qualify for the position.

Required Skills

To be considered for the position of Compensation Program Manager, candidates should possess the following skills and qualifications:

• A minimum of 4 years of experience in compensation planning and analysis within a public company environment.

• Demonstrated experience in project management with a capacity to lead initiatives across the organization while managing multiple projects and meeting strict deadlines.

• Proficiency in advanced Excel, with the capability to create complex models and perform robust analyses.

• Familiarity with job architecture and conducting market data analysis.

• At least 2 years of experience with Workday or similar HRIS systems.

• Bonus experience includes understanding sales compensation plan design and having worked in a health insurance environment.

Salary and Benefits

The base salary for this position varies depending on the location of the candidate:

• In states like California, Connecticut, New Jersey, New York, and Washington, the salary ranges from $113,600 to $149,100 per year.
• For other states, the salary is between $102,240 and $134,190.
• Additionally, the position offers benefits such as participation in an unlimited vacation program, performance bonuses, and standard medical, dental, and vision benefits.

Oscar also provides 11 paid holidays, sick time, parental leave, 401(k) plan participation, and other wellness-related perks. The company aims to create a work environment that distinguishes itself from traditional corporate structures by prioritizing an employee-centric culture.

Conclusion

The Compensation Program Manager role at Oscar presents an exciting opportunity for those with expertise in compensation strategies and project management within the health insurance sector. The organization fosters an inclusive environment and advocates for diversity, making it a compelling choice for candidates seeking a new career path. With competitive salaries and attractive employee benefits, motivated job seekers should consider applying to become part of a company on a mission to transform healthcare.

As an aspiring candidate, ensure that your application highlights relevant experience and skills aligned with Oscar's values and culture.

This job offer was originally published on remotive.com