Full-Time

Wearables Partnerships – Business Development Lead

Payer Ecosystem

Confirmed live in the last 24 hours

Meta

Meta

10,001+ employees

Social media platforms and virtual reality solutions

VR & AR
Consumer Software
Financial Services

Compensation Overview

$189k - $258kAnnually

+ Bonus + Equity + Benefits

Senior, Expert

Company Historically Provides H1B Sponsorship

Remote in USA + 1 more

More locations: Menlo Park, CA, USA

Category
Business Development
Business & Strategy
Required Skills
Product Management

You match the following Meta's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • BA or BS degree
  • 10+ years of work experience, including 5+ years of business development experience
  • Experience with structuring and negotiating complex partnership agreements
  • Experience working closely with product and Go-to-Market teams in consumer health technology
  • Experience interpreting legal terms, negotiating agreements and working with legal counterparts to finalize agreements
  • Experience leading cross-functional teams to orchestrate and complete deals
  • Knowledge of industry dynamics for vision, medical, health systems and Flexible benefits managers (e.g. Leave Sharing Agreement, Health Savings Account, Flexible Spending Account, Health Reimbursement Arrangement) and/or experience with performance guarantee, value-based payment, and innovative contracting models
Responsibilities
  • Define, negotiate, and close complex joint development, marketing, and product partnerships deals
  • Create new partnerships for hardware and software development with U.S. healthcare industry, including health insurers, employer benefit decision makers at fortune 500 companies, and HR benefits consultants and brokers
  • Co-define and execute strategies to allow insurance members to use their benefits to purchase wearables with prescription lenses and/or health technology
  • Manage strategy, relationship and escalations with managed vision care companies to co-develop innovative reimbursement structures and allow their members to use their benefits in Meta channels
  • Develop and drive external partner strategy for new Healthtech products in Meta’s Reality Labs team that can influence roadmaps, including developing hypotheses, financial models and structure agreements to benefit partner and Meta
  • Work cross-functionally with product management, product marketing, legal, finance, and engineering teams to negotiate deal terms, drive special projects, and advocate internally for partners throughout the development cycle
  • Serve as the subject matter expert on the U.S. insurance ecosystem for the partnerships team
Desired Qualifications
  • Technical degree with JD or MBA
  • Experience working in an evolving and collaborative environment and work effectively cross-functionally with all levels of management, both internally and externally
  • Experience developing working relationships inside and outside Meta
  • 10+ years of experience in healthcare sales, digital health, healthcare technology experience
  • Experience working in or in close partnership with managed vision care (vision insurance) companies in a business development, strategy or product function
  • Experience working closely with product and Go-to-Market teams in wearable technology

Meta Platforms Inc. focuses on social media, communication tools, and virtual reality. It operates popular platforms like Facebook, Instagram, and WhatsApp, allowing users to connect, share content, and engage in communities. The Oculus division provides virtual reality hardware and experiences. Meta's primary revenue comes from advertising, offering businesses tools to target specific audiences using insights from its large user base. This advertising service is scalable and allows for tailored audience segmentation. Additionally, Meta explores revenue through virtual reality product sales and the metaverse, where it looks to monetize virtual goods and services. The company also invests in artificial intelligence and augmented reality to enhance its offerings, aiming to combine user engagement with advanced marketing tools.

Company Stage

IPO

Total Funding

$2.2B

Headquarters

Menlo Park, California

Founded

2004

Growth & Insights
Headcount

6 month growth

8%

1 year growth

10%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Meta's smart glasses collaboration with Oakley could boost revenue through innovative products.
  • Investment in Databricks may provide a competitive edge in AI-driven applications.
  • 'Move with Meta' program expands influence in emerging markets, increasing user base and revenue.

What critics are saying

  • DeepSeek's rise in AI technology challenges Meta's position in the AI market.
  • EU scrutiny of Meta's ad-free service could lead to regulatory challenges and fines.
  • Investment in Databricks ties Meta's success to the volatile venture capital market.

What makes Meta unique

  • Meta's collaboration with Oakley targets the premium wearable tech market with smart glasses.
  • Investment in Databricks enhances Meta's AI capabilities with open-source large language models.
  • Partnership with Georgian College positions Meta as a leader in educational technology solutions.

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Benefits

Stock Options

Company Equity

Mental Health Support

Flexible Work Hours