Strategic Finance Associate, Oscar Health
$87.2-114.4k
+ Annual performance bonuses
More information about location
3 days a week in office
Digital healthcare insurance
Be an early applicant
Digital healthcare insurance
1001+ employees
Be an early applicant
$87.2-114.4k
+ Annual performance bonuses
More information about location
3 days a week in office
1001+ employees
Company mission
To make a healthier life accessible and affordable for all.
Role
Who you are
- Bachelor's degree in Finance, Economics, or Actuarial or equivalent work experience
- 4+ years of finance experience including experience in Healthcare, Consulting, Insurance or Financial Services
- 2+ years of experience with google products - Sheets, Docs and Slides or Microsoft products
- 2+ years of experience working with C-level executives
Desirable
- MBA in finance, MS in Financial Analysis
- Experience in the managed care, healthcare or insurance
- Proficiency in SQL/BigQuery to analyze large datasets
- Proficiency working with NetSuite and Adaptive
What the job involves
- The Associate, Strategic Finance supports financial planning, analytics, and business insights for the business (i.e. Corporate, Operations, Technology division)
- You will work with Finance leaders on business reviews, full-year projections, and strategic partnership with business leadership
- You will create new reporting, and analytical insights to ensure visibility into business spending patterns, projections, and presents findings to multiple levels of leadership
- You will report into the Senior Director, Strategic Finance & Corporate Development
- Craft recommendations using a data-driven approach combined with business intuition for senior executives to make pricing decisions that influence our growth and bottom-line
- Support build of models and tooling that produce relevant business insights, including competitive intelligence insights and scenario modeling
- Collaborate with Actuarial, Regional Leaders, Plan Design and Sales teams to develop portfolio strategy for each Oscar market
- Identify and research profitability tradeoffs, market trends, and membership insights to help guide company-wide strategic decisions
- Source, organize, and analyze data to support all strategic programs in the team
- Monitor important metrics and identify latest trends around the ACA landscape for leadership to help quickly inform tactics during selling season
- Report intra-year membership analytics to leadership to understand health of the business
- Compliance with all applicable laws and regulations
- Other duties as assigned
Our take
The US healthcare system is the world's largest and most expensive, but has health outcomes worse than other advanced economies. Oscar Health is focused on building a system of healthcare that is completely centered around its members' experience, offering direct-to-consumer insurance, with digital tools such as a virtual care experience forming a key part of the company’s business model.
Oscar is the first health insurance company built around a full stack technology platform. It gained a competitive edge by launching the "My Identity" functionality in 2021, that demonstrated a huge step for diversity and inclusion in healthcare, enabling users to input their names, pronouns and gender identity. It also provides access to health providers that will understand a user's language, race, ethnicity, and health situation, showcasing the company's focus on optimizing member experiences.
The company has secured good funding in the past, and expanded into new markets and states since its launch. This has fuelled growth and supported ventures such as its Culturally Competent Care Grant Program. An upcoming market expansion forms a key part of the company's plans to "more than double" membership by 2027.
Steph
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Dec 2020
$140m
LATE VC
Jun 2020
$225m
LATE VC
Total funding: $1.5bn
Company HQ
Hudson Square, New York, NY
Leadership
Mario Schlosser
(Co-Founder & President of Technology)Started their career at McKinsey where they were a Fellow Senior Associate. Founded Vostu where they held the Chief Scientist role before co-founding Oscar Health.
Mark Bertolini
(CEO)Previously Co-CEO at Bridgewater Associates, Chairman and CEO at Aetna as well as EVP at Cigna and Nylcare Health Plans.
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