Senior Analyst, Compensation

Summary

Join Oscar's Compensation team as a Senior Analyst and provide analysis and support to ensure successful compensation program execution. Act as the primary point of contact for compensation-related inquiries from employees and managers. Conduct regular audits, maintain Standard Operating Procedures (SOPs), and ensure compliance with all applicable laws and regulations. The role involves market analysis, pay equity reviews, and offer model recommendations. You will report to a Compensation leader and work in a blended work culture, with remote options available for those outside of commuting distance to our NYC, Tempe, or Los Angeles offices. The position offers competitive pay, benefits, and participation in Oscar's unlimited vacation program and annual performance bonuses.

Requirements

• 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

Responsibilities

• Review job descriptions and market data for new and existing positions and independently formulate recommendations for leadership regarding job titling, internal leveling, compensation range, and FLSA classification
• 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
• 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

Preferred Qualifications

• 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

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