VP Central Market P&L

Hi, we're Oscar. We're hiring a  VP of Central Market P&L to join our P&L 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 VP Central Market P&L leader will collaborate with internal and external stakeholders to drive Oscar’s business goals in compliance with regulatory requirements, develop market-level business strategies in support of overall goals, and shape our most critical provider system deals. This role will oversee a team focused on building and maintaining adequate and economically sustainable networks, developing provider executive relationships within current and expansion markets, developing a portfolio of active provider negotiations, optimizing the economics of the portfolio and collaborating across the Oscar organization to service our providers and members.

You will report to the Senior Vice President, P&L.

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, California, Colorado, Connecticut, Florida, Georgia, Illinois, 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 is is: $232,000 - $305,500 per year. You are also eligible for employee benefits, participation in Oscar’s unlimited vacation program, company equity grants and annual performance bonuses.

Responsibilities

• Market Development
  • Shape, maintain and oversee the business and expansion plans for your market(s), including local new markets and product growth strategies.
• Market Management
  • • Generate insights that will ensure Oscar’s long-term sustainability, and work with internal departments and leaders to execute on these insights. 
    • Serve as a senior ambassador across the company and externally for Oscar’s commercial interests including interaction with state regulators.
    • Contribute as a member of the Market Oscar Insurance Leadership team and as a senior leader within Oscar. 
• Provider Management
  • • Develop and maintain relationships with key hospital and provider systems and oversee transactions within your market.
    • Ensure a high-quality Oscar experience for members and providers through collaboration across the firm.
• Network Contracting
  • • Ensure a high standard of excellence, including network adequacy, for both expansion and existing networks and operations within your market.
• Attract and retain talent both within your direct and matrix reporting teams.
• Compliance with all applicable laws and regulations 
• Other duties as assigned 

Qualifications

• 15+ years of experience
• 10+ healthcare industry experience, prior P&L responsibility, and a strong leadership and provider-facing background. 
• Experience with value-based contracting and strategically building networks to serve diverse populations.
• A strong financial/analytical background, and the ability to quickly digest and evaluate complex financial structures and large amounts of data in order to make commercially intelligent business decisions. 
• Executive presence and ability to communicate with and lead presentations for senior leaders, including C-level executives both internally and externally. 
• Strength in negotiations involving complex economics and communication thereof with internal and external stakeholders.
• Orientation towards implementing processes systematically while being able to execute quickly within a fast-paced, fluid and goal-oriented environment.
• Track record of success operating in a matrixed environment influencing teams that are not direct reports
• Proven ability to build, retain, and develop high performing teams 
• Ability to synthesize, frame, and communicate  healthcare industry trends, concepts and market dynamics

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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Last updated on Aug 21, 2024