Skip to contentAssociate Director – Benefits
Company | Oscar Health |
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Location | New York, NY, USA |
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Salary | $144000 – $189000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior |
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Requirements
- 7+ years of benefits experience
- Experience creating benefits offerings
- Experience with Workday and Workday Benefits
- Experience in owning vendor relationships
- Experience presenting complex information across varying levels of seniority
Responsibilities
- Contribute to the strategic plan and design while leading the implementation and administration of Oscar’s benefits programs – including health, dental, life, disability, retirement plans, ancillary benefits, wellness programs, time away and leave offerings.
- Monitor industry trends and benchmarks to effectively manage the annual review of the health and welfare program to achieve competitive market position while aligning with the overall Total Rewards Strategy.
- Lead the execution of Annual Open Enrollment including aligning leadership on the renewal strategy, coordinating with the Workday team, setting the open enrollment calendar, employee communications, and the preparation of benefit educational materials and presentations.
- Oversees the administration of the 401k plan and the 401k Committee- by working with the 401k administrator, financial planners, and auditors to ensure audit compliance with 401k plan and annual 5500 filings.
- Manage relationships with benefit broker, carriers and third party vendors to ensure service levels and cost efficiency.
- Collaborate closely with the Finance team to manage the benefits budget, ensuring alignment with overall company financial strategy and cost control goals.
- Oversees the reconciliation, approval, and processing of monthly benefit invoices.
- Ensure compliance with all federal, state and local regulations (e.g., ERISA, ACA, HIPAA, FMLA, COBRA) and the timely completion of regulatory reports and filings including 5500s and plan audits.
- Curate and execute a wellness program to drive employee engagement that aligns with Oscar’s Culture.
- Lead and develop the Leaves & Benefits team.
- Support M&A due diligence and integration activities related to benefits
- Serve as an escalation point for complex employee benefit issues.
- Compliance with all applicable laws and regulations
- Other duties as assigned
Preferred Qualifications
- Bachelor’s degree or 4 years commensurate experience
- HR certifications (i.e. SPHR, PHR, SHRM-SCP)
- Experience creating wellness-based programming
- Experience managing 5500 filings, 1094/95C, NDT and annual audit relative to 401K
- Experience with mergers and acquisitions
- Experience working in a fast paced environment