Full-Time

Associate – Market P&L

NC

Confirmed live in the last 24 hours

Oscar Health

Oscar Health

1,001-5,000 employees

Health insurance provider using technology

Fintech
Social Impact
Healthcare

Compensation Overview

$88.6k - $116.2kAnnually

+ Annual Performance Bonuses

Junior, Mid

North Carolina, USA

Must reside in North Carolina or South Carolina; travel up to 20% within state.

Category
Strategy Development
Business Development
Business & Strategy
Required Skills
Financial analysis
Requirements
  • A bachelor’s degree or 4+ years commensurate experience
  • 3+ years of professional experience in healthcare client management, healthcare consulting, or provider healthcare contracting, healthcare finance, performance management, healthcare operations, or a related field
  • 2+ years experience presentation materials aimed at Senior Leadership, including synthesizing and summarizing findings through data visualizations and effective storytelling
  • 1+ years experience running financial analyses on a markets or product lines, and working cross-functionally to drive improvement opportunities and increase growth and profitability
Responsibilities
  • Collaborate with internal teams to develop strategies to improve profitability and sustainability Execute necessary tasks of network construction plan for assigned market(s).
  • Maintain relationships and outreach directly to potential network partners to coordinate growth efforts.
  • Support market leadership with contract negotiations and strategies to bring new partners in our network.
  • Support and/or manage team members responsible for the servicing, education and communication to our provider network.
  • Monitor assigned networks to gauge compliance with standards, developing corrective action plans with market leadership to remediate deficiencies.
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Oscar Health provides health insurance plans for individuals, families, and small businesses, aiming to simplify the insurance experience through technology. Their services include 24/7 virtual care, allowing members to consult healthcare providers anytime, which is convenient for those needing immediate medical advice. Oscar also offers tools to help members find in-network doctors, hospitals, and pharmacies, enhancing access to care. Unlike traditional insurance companies, Oscar focuses on user engagement and digital accessibility, ensuring their services are inclusive for all, including people with disabilities. The company's goal is to make healthcare more accessible and affordable while maintaining high-quality care.

Company Stage

IPO

Total Funding

$1.6B

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

11%

2 year growth

9%
Simplify Jobs

Simplify's Take

What believers are saying

  • Oscar Health's aim to double its membership by 2027 indicates significant growth potential and market expansion.
  • The company's strong financial performance and profitability outlook for 2024 reflect robust business health.
  • Strategic partnerships, such as the one with Sanford Health Plan, enhance member engagement and technological integration.

What critics are saying

  • The competitive health insurance market requires continuous innovation to maintain a competitive edge.
  • Dependence on ACA policies and government regulations could pose risks if there are changes in healthcare laws.

What makes Oscar Health unique

  • Oscar Health leverages technology to simplify and humanize the insurance experience, setting it apart from traditional insurers.
  • Their 24/7 virtual care services provide immediate medical consultations, enhancing accessibility and convenience for members.
  • Oscar's focus on ACA-compliant plans and transparency in pharmacy benefits positions it uniquely in the market.

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Benefits

Health insurance - That’s a given. Employees and their families receive incredible health insurance.

Financial benefits - A penny saved....we’re talking about a 401K plan, health savings accounts, and more.

Well @ Oscar - We care about your wellness with fitness classes and access to mental health support.

Work-Life Balance - We offer multiple time-off options, wellness days, and 10+ weeks of parental leave.

Learning & Development - We offer everything from mentorship to management training.