Hi, we're Oscar. We're hiring a Director, Executive Compensation & Equity Administration to join our Total Rewards 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 Director of Executive Compensation is responsible for designing, implementing, and managing executive compensation programs that align with the company’s strategic goals and objectives. This role involves ensuring that executive compensation packages are competitive, equitable, and compliant with regulatory requirements. The Director will work closely with senior leadership and the board of directors to develop board materials that support compensation strategies that attract, retain, and motivate top executive talent. This role will also own and oversee the equity administration operations while owning the equity cap table.
You will report to the Senior Director, Total Rewards.
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, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, 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: $174,400 - $228,900 per year. The base pay for this role in all other locations is: $1560,960 - $206,010 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants and annual performance bonuses.
Responsibilities
- Develop, design and implement executive compensation strategies that align with the company’s business objectives and market competitiveness.
- Effectively manage the equity cap table to accurately track and assess the dilutive impact of Oscar’s equity compensation plans and making adjustments to said plans when necessary.
- Conduct regular market analysis to ensure executive compensation packages are competitive and aligned with industry standards.
- Work closely with senior leadership, the board of directors, and the compensation committee to develop and present executive compensation proposals.
- Collaborate with people, finance, legal, and other departments to ensure alignment and compliance with compensation strategies.
- Prepare comprehensive materials and analysis for the Compensation Committee and Board of Directors, ensuring compliance with all relevant laws and regulations, including tax and securities regulations.
- Prepare and review executive compensation disclosures for regulatory filings and shareholder communications.
- Provide in/direct leadership to the Equity team
- Collaborate with senior leadership (CFO, CHRO, Legal, etc.) to define the strategic direction for equity plans, including stock options, restricted stock units (RSUs), performance stock units (PSU) and employee stock purchase plans (ESPP).
- Compliance with all applicable laws and regulations
- Other duties as assigned
Qualifications
- 10+ years of experience in executive compensation at a public company, with a strong understanding of compensation principles and practices.
- Proven ability to work with senior leadership and board members.
- Strong analytical skills and experience with compensation data analysis and reporting.
- Excellent communication and presentation skills.
- In-depth knowledge of relevant laws and regulations related to executive compensation.
- High level of integrity and ability to handle sensitive and confidential information.
Bonus Points
- Proficient with equity administration platforms (e.g., E*TRADE, Computershare, Shareworks) and Microsoft Office Suite (Excel, PowerPoint, etc.).
This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here.
At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves and find both belonging and support. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.
Pay Transparency: Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. Full-time employees are eligible for benefits including: medical, dental, and vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life and disability insurance, and paid wellness time and reimbursements.
Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicant’s disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team ([email protected]) to make the need for an accommodation known.
California Residents: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Notice to Job Applicants.
What We Do
Health care is broken; we're trying to fix it. The Oscar team is focused on utilizing technology, design and data to humanize health care. We're a group of technology and health care professionals who looked at the current state of the US health care system, got frustrated by the horrible consumer experience, and decided to do something big about it. Backed by a renowned set of investors and advisors, we’ve set out to revolutionize health care.
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