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: Illinois. 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
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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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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.
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Perks and Benefits
Health and Wellness
- Pet Insurance
- Mental Health Benefits
- FSA
- HSA
- Fitness Subsidies
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
Parental Benefits
- Adoption Leave
- Fertility Benefits
- Family Support Resources
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
- Return-to-Work Program
Work Flexibility
- Remote Work Opportunities
- Flexible Work Hours
- Hybrid Work Opportunities
Office Life and Perks
- Happy Hours
- Commuter Benefits Program
- Casual Dress
- Snacks
Vacation and Time Off
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
Financial and Retirement
- Company Equity
- Performance Bonus
- Financial Counseling
- 401(K) With Company Matching
Professional Development
- Internship Program
- Leadership Training Program
- Access to Online Courses
- Mentor Program
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program
Company Videos
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