VP, Market Management (Central Market)

Oscar Health

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Ohio, United States First seen 1 day, 5 hours ago Last seen 4 hours, 58 minutes ago Greenhouse

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Job Description

AI Summary

• Lead P&L accountability and sustainable profitable growth strategy for assigned Central market(s), managing both direct and matrixed teams to optimize financial and operational performance • Develop and execute market-level business strategies in coordination with internal teams (Finance, Clinical, Network, Distribution, Regulatory) while serving as Oscar's primary external face in the market • Establish and drive achievement of key performance metrics across growth, financial outcomes, and quality standards, with authority to identify market needs and guide new product rollouts • Requires strategic leadership experience in health insurance or managed care with expertise in P&L management, market dynamics, provider relationships, and regulatory environments; remote position based in Ohio • Compensation of $240,120-$315,157 base salary plus equity, performance bonuses, unlimited vacation, and comprehensive benefits; occasional travel required for meetings and company events

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: Ohio. 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

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:
Ohio, United States
Job Type:
Internship
Work Location:
Remote
Experience Level:
Executive
Source:
Greenhouse
Status:
Active

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79 /100

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