Associate, Operational Controls

Summary

Join Oscar's Operational Controls team as an Associate, where you'll play a crucial role in developing, implementing, and overseeing the operational control framework. You'll work closely with internal controls over financial reporting to ensure compliance with Sarbanes Oxley (SOX), Model Audit Rule (MAR), and System & Organization Controls Report (SOC) requirements. This role involves documenting operational processes, identifying and assessing control effectiveness, supporting corrective action plans, and recommending improvements within Operations. You'll report to the Senior Manager, Operational Controls, and work in a blended work culture with the option for remote work, provided you reside in one of the specified states.

Requirements

• 3+ years of experience in audit, controls, operations and/or consulting
• 1+ years experience supporting strategic improvements in process and controls

Responsibilities

• Partner with the business to document business processes, risks and corresponding controls within areas of responsibility
• Advise control owners on the development, assess the quality and monitor the execution of assigned operational controls
• Advise remediation owners on the development, monitors progress and evaluates effectiveness of corrective action plans; follows department escalation procedures when necessary
• Consults on the development and implementation of clear, scalable and dynamic operational processes
• Manages and maintain relationships with relevant stakeholders and provides ongoing education around risk and controls
• Coordinates and participates in discussions between internal/external auditors and Operations
• Adheres to departmental performance standards and offers suggestions on enhancing or improving departmental performance
• Works with business owners in gathering evidence for control reviews; and assesses the quality of the evidence prior to uploading to relevant platforms
• Compliance with all applicable laws and regulations
• Other duties as assigned

Preferred Qualifications

• Bachelor's degree
• Health insurance industry experience
• SOX, MAR and/or SOC1 experience
• Experience coordinating activities with internal and external parties

Benefits

• Medical, dental, and vision benefits
• 11 paid holidays
• Paid sick time
• Paid parental leave
• 401(k) plan participation
• Life and disability insurance
• Paid wellness time and reimbursements