VP, Market Management (Central Market)

Hi, we're Oscar. We're hiring a VP, Market Management to join our Market Management.

Oscar is the first health insurance company built around a full stack technology platform and a relentless 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 VP, Market Management is responsible for delivering sustainable profitable growth across their markets and serves as the P&L leader for their markets. This role leads both direct and matrixed teams to develop market-level strategies in support of Oscar’s enterprise goals, specifically, optimizing the top-line and bottom-line economics of the market. The VP Market Management works in coordination with other internal stakeholders to manage key relationships in the market including Network, Distribution and Regulatory, serving as a face of Oscar in their market.

You will report into the SVP, Market Management.

Work Location: This is a remote position based in the field, open to candidates who reside in: Michigan. Your daily work will involve a blend of work from your home office and frequent local travel for client meetings. Occasional travel may be required for team meetings and company events. #LI-Remote

Pay Transparency: The base pay for this role is: $240,120 - $315,157 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants and annual performance bonuses.

Responsibilities

• Serve as the primary point of accountability for establishing and attaining market-level performance metrics, including growth, financial, and quality metrics
• Partner with internal strategy teams to identify and surface unmet market-level consumer needs and assist in the planning and rollout of new products
• Shape, maintain and oversee the long-term business and expansion strategy and related operating plans for your market(s)
• Working with finance, data, and actuarial partners, develop a working command over market-level utilization and cost dynamics to quickly identify any deviations from expectations, and potential mitigants
• Serve as a senior ambassador across the company and externally within the community for Oscar’s commercial interests including interaction with state regulators
• Partner with Clinical leadership to ensure value-balanced decision making and to establish the culture and initiatives required to achieve market-level quality performance targets
• Partner with the Growth team on the development and attainment of membership, retention, and revenue targets and initiatives to accomplish them
• Partner with Network leadership on setting provider contracting and operations priorities required for local market success
• Contribute as a member of the Market Oscar Insurance Leadership team and as a senior leader within Oscar to bring the perspective of local to our strategy development and decision making.
• Develop and maintain relationships with strategic hospital and provider systems and oversee transactions within your market
• Ensure a high standard of excellence and compliance, including network adequacy, for the operations within your market
• Attract and retain top talent
• Compliance with all applicable laws and regulations
• Other duties as assigned

Requirements

• 15+ years of experience
• 10+ healthcare industry experience including P&L responsibility
• 10+ years of leadership experience, leading and developing high performing teams
• 10+ years provider-facing experience

Bonus points

• An MBA or other professional degree from a top-tier program with a clear track record of excellence
• Experience with growth-stage enterprises and scaling departments and processes

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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.

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