Director, Medical Economics — Corporate

Oscar Health

🔍 Observed

$192K - $252K USD

New York, New York, United States First seen 3 weeks ago Last seen 11 minutes ago Greenhouse

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Job Description

AI Summary

• Lead strategic communication of medical cost trends and actuarial data to executives, board members, and external analysts, translating complex financial information into clear business narratives • Support quarterly earnings cycles by developing content, preparing C-suite talking points, and synthesizing performance data for analyst calls and investor relations • Serve as internal consultant to Corporate Finance and Management Committee, providing rapid insights on medical economic risks and opportunities to inform strategic decisions • Create executive-level presentations and reporting packages for the Board of Directors and Operating Committee that highlight performance drivers and variance analysis • Based in NYC (hybrid, 3 days/week in-office with flexible scheduling) reporting to Senior Director of Medical Economics; salary range $192,000-$252,000 plus equity, bonuses, and unlimited vacation

Hi, we're Oscar. We're hiring a Director, Medical Economics — Corporate to join our Actuarial.

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 Director, Medical Economics — Corporate acts as a specialized internal consultant and narrative architect within the Medical Economics function. Reporting directly to the Senior Director, Medical Economics — Corporate, this leader focuses less on the technical construction of budgets and more on the synthesis, interpretation, and communication of medical cost trends.

While the Senior Director serves as the strategic anchor for financial planning, the Director plays an important role in Quarterly Earnings support and Executive Reporting. You will bridge the gap between technical Actuarial teams and Corporate Finance/Investor Relations, translating complex data into the "company story" for the Board of Directors, executive leadership, and external analysts.

You will report into the Senior Director, Medical Economics.

Work Location: This position is based in our New York City office, requiring a hybrid work schedule with 3 days of in-office work per week. Thursdays are a required in-office day for team meetings and events, while your other two office days are flexible to suit your schedule. #LI-Hybrid

Pay Transparency: The base pay for this role is: $192,000 - $252,000 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants and annual performance bonuses.

Responsibilities:

Strategic Narrative & Internal Consulting (35%)
- Be the primary "translator" of medical economic results for non-technical partners, converting raw actuarial data into cohesive business narratives that explain the "why" behind cost trends.
- Be the internal consultant to Corporate Finance, providing rapid-response insights on emerging risks and opportunities to support decision-making at the Management Committee level.
- Partner with Investor Relations to ensure consistency in financial messaging and external guidance.
Quarterly Earnings Cycle Management (30%)
- Lead the development of medical economics content for quarterly earnings, including drafting scripts, preparing Q&A talking points for the C-suite, and synthesizing key performance drivers.
- Collaborate with analytical leads to distill complex quarterly performance data into clear takeaways for analyst calls.
Executive & Board Reporting (25%)
- Lead the creation and delivery of high-impact presentations for the Board of Directors and Operating Committee, focusing on visualizing data to highlight performance drivers.
- Design reporting packages that succinctly summarize variance analysis and long-term outlooks, ensuring senior leadership has actionable views on medical expense performance.
Forecasting and Team Leadership (10%)
- Support the Senior Director in the corporate budgeting process by pressure-testing assumptions and validating the narrative understanding of the long-term financial outlook.
- Mentor analysts in developing "soft skills," specifically regarding business writing, data visualization, and stakeholder influence.

Requirements:

Bachelor's degree in a STEM field, or 4 years commensurate experience.
8+ years of quantitative analysis in the healthcare industry.
3+ years of collaborating and influencing the Executive Leadership Committee.
Proven experience in medical economics, corporate strategy, or a related analytics-driven leadership role.

Bonus points:

Exceptional business writing and storytelling skills; ability to simplify complex actuarial concepts for executive audiences.
Strong familiarity with ACA-specific healthcare dynamics and how they impact external financial reporting.
Previous experience in management consulting or internal corporate strategy is highly desired.
Fellow of the Society of Actuaries (SOA), or on the track to become one.

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.

Artificial Intelligence (AI): Our AI Guidelines outline the acceptable use of artificial intelligence for candidates and detail how we use AI to support our recruiting efforts.

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 (accommodations@hioscar.com) 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 Privacy Policy.

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Job Information

Company:
Oscar Health
Location:
New York, New York, United States
Experience Level:
Executive
Source:
Greenhouse
Status:
Active

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65 /100

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