Compensation Program Manager

Hi, we're Oscar. We're hiring a Program Manager 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 Compensation Program Manager maintains and runs the operations of compensation programs across Oscar, including broad based compensation planning, sales compensation, annual bonus plans, etc. They act as the project manager for the Compensation Team, along with Compensation Leadership, to ensure all programming is designed in line with market best practices, rolled out in an effective and transparent way, and administered in a well defined/documented manner in line with larger Total Rewards and People Team Strategies.

You will report to the Associate Director, Compensation.

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, California, Colorado, Connecticut, Florida, Georgia, Illinois, 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: $113,600 - $149,100 per year. The base pay for this role in all other locations is: $102,240 - $134,190 per year. You are also eligible for employee benefits, participation in Oscar’s unlimited vacation program and annual performance bonuses.

Responsibilities

• Maintain and run the operations of compensation programs across Oscar, including broad based compensation planning, EOY review cycles, pay equity studies, sales compensation, and annual bonus plans.
• Communicate and educate employees about the compensation philosophy and programs ensuring transparency and understanding while also ensuring other People Team members understand their role within the programs.
• Act as the point of contact and project manager within the People Team to support compensation related initiatives.
• Liaise with Finance teams to ensure accurate support of budgeting, headcount planning, and the bonus accruals process.
• Conduct ongoing assessments of compensation plan performance/effectiveness and guide recommendations for enhancements and changes based on market best practices and Oscar’s current needs.
• Support SOX compliance by providing support for applicable audits of process, calculations, and payment activity.
• Compliance with all applicable laws and regulations
• Other duties as assigned

Qualifications

• 4+ of experience in compensation planning and analysis at a public company
• Ability to lead programs and processes organization wide by 4+ years of demonstrated project management experience and the ability to handle multiple projects simultaneously while adhering to strict deadlines
• 4+ years of hands on experience in advanced excel with the ability to build complex models and create robust analyses
• 4+ years of expertise of job architecture and market data analysis
• 2+ years of Workday experience

Bonus Points

• Knowledge of sales compensation plan design, principles, and best practices
• Health Insurance company experience
• Sales compensation experience

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Last updated on Aug 21, 2024