Senior Director of Strategic Finance & Corporate Development, Oscar Health
$172.8-252k
Salary dependent on location. + Company equity grants and annual performance bonuses
More information about location
Digital healthcare insurance
Open for applications
Digital healthcare insurance
1001+ employees
Open for applications
$172.8-252k
Salary dependent on location. + Company equity grants and annual performance bonuses
More information about location
1001+ employees
Company mission
To make a healthier life accessible and affordable for all.
Role
Who you are
- 12+ years in analytical financial roles, with 5+ of those years being within a public company
- 8+ years of demonstrated ability using expert financial modeling skills to effectively translate data into actionable insights, strategies, and financial plans
- 5+ years of corporate development experience
- 5+ years experience collaborating and influencing at the executive level
Desirable
- Experience in the similar roles, strategy consulting, or financial services background, e.g., private equity, venture capital, investment banking
- Healthcare experience and market knowledge strongly preferred
What the job involves
- The Senior Director, Strategic Finance & Corporate Development is responsible for in-depth financial management, analysis, and strategic insights on Oscar’s overall business
- This role is responsible for cross-functionally managing and driving our company’s Operating Committee to ensure the business is executing against its financial targets
- This position requires a balance of strong financial acumen and insight generation with cross-functional collaboration skills used effectively across the business’ key stakeholders and other financial partners
- You will report to the Senior Vice President, Deputy CFO
- Operating Plan Development: Develop and track multi-year enterprise-wide Operating Plan, informed by enterprise Strategic Plan. Monitor progress against Operating Plan key metrics, own Operating Committee agendas, and drive follow ups to completion with critical stakeholders
- Corporate Development: Drive all corporate development efforts including evaluation of inorganic opportunities, including mergers & acquisitions, and potential strategic partnerships
- Financial and Capital Modeling: Lead long-term enterprise-wide financial and capital modeling efforts to help make strategic decisions around future growth initiatives and opportunities
- Strategic Initiative Evaluation: Provide quantitative and qualitative evaluation of strategic growth initiatives, including new markets and business lines in conjunction with the Corporate Strategy team
- Capital Markets: Support capital markets activity and Treasury team including potential equity and debt capital markets transactions based on business needs
- Leadership & Collaboration: Develop, manage, and coach a high performing Strategic Finance & Corporate Development team
- Collaborate and influence effectively with executive business line owners and Finance Leadership
- Compliance with all applicable laws and regulations
- Other duties as assigned
Our take
The US healthcare system is the worlds 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
Company
Funding (last 2 of 10 rounds)
Dec 2020
$140m
LATE VC
Jun 2020
$225m
LATE VC
Total funding: $1.6bn
Company benefits
- Medical, dental, and vision benefits
- Paid holidays
- Paid vacation
- Sick time
- Paid parental leave
- 401(k) plan participation
- Life and disability insurance
- Paid wellness time and reimbursements
Company values
- What we do is a big deal - We’re solving problems that change and save lives
- Powered by people - Members above all. Developing and growing others is what raises the bar
- No genius without grit - Be relentless. Be scrappy. Trying and failing beats not trying and changing nothing
- Seek the truth - … but never assume you’ve found it. Be scientific
- Inspire & provoke - Develop and display leadership at all levels. Fight to be the best
- Be transparent - Give and ask for direct feedback. Be grateful for and excited by the help of others
- Make it right - Admit your mistakes. Then learn from them. Never build alone
Company HQ
Hudson Square, New York, NY
Articles
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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