What we want you for:

We are changing how health insurance works. We want to create a healthcare experience that’s intuitive and puts people, not cost or workflows, first. We’re using a consumer-focused and tech-driven approach to do so. This positions us uniquely in the space - and creates one of the biggest opportunities in healthcare.

The Internal Audit Lead will work in our New York City headquarters and report to the CFO. The internal audit lead will be responsible for the establishment and management of financial compliance function including internal audit which will focus on the implementation and compliance with the Model Audit Rule (MAR).

S/he will own the definition, implementation, and future road map of our control process environment by working in depth with each department, understanding their methods for innovative service, and translating that into a clear, scalable, and dynamic control environment. S/he will also be adaptable to unforeseen events and demonstrate excellent problem-solving skills, quickly responding to inquiries as well as a strong attention to detail.

What is the position?

In the first three months you will:

• Lead the efforts to select an external resource for the MAR implementation project

• Assess the internal tools available to support the implementation

• Evaluate other regulations and models to begin to formalize the financial compliance structure including, ERM, COSO, ORSA, etc

• Build out the timeline, budget, and cadence of the implementation project

• Work with operational team in the initial compilation of process flow charts and narratives for key processes.

On an ongoing basis after implementation (6-9 months) you will:

• Assess and update the internal controls environment with Operational Leads to ensure that control structure is in place in a way that works with the business owners and not against them.

• Review, execute, and update internal audit procedures so that they are effectively focused on areas assessed as high risk to the organization and evolve with changes in our technology and processes.

• Assist with reporting to the Audit Committee and Board of Managers the results of internal audits performed and ensure that all agreed upon recommendations are subsequently implemented.

• Work with the external auditors to aim at convergence with a controls based audit and reduced audit fees.

• MAR responsibilities

  • The detailed testing of key controls in support of MAR is expected to represent up to 75% of the requirements of this role
     

Who are you?

• A minimum of five years experience in internal audit or a related field. Public accounting experience or prior MAR experience required.

• Have lead and personally executed a complex SoX, MAR, or large internal control implementation project.

• Strong written and verbal communications skills with experience interacting with and presenting to Management-level personnel.

• Knowledge of internal auditing practices, procedures, and principles sufficient to interpret and analyze complex concepts and apply them in innovative ways.

• An understanding of financial, operational, and information technology controls.

• Proficient in Microsoft Word, Microsoft Excel, and Microsoft PowerPoint.

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we work to cultivate an environment where exceptional people can be their most authentic selves and find both belonging and support. We're on a mission to change healthcare -- an experience made whole by your unique background and perspectives.

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.

Pay Transparency Policy: Oscar's Pay Transparency Policy ensures that you won't be discharged or discriminated against based on whether you've inquired about, discussed, or disclosed your pay. Read the full policy here.