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: Indiana. 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.

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