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Full-Time

Vice President

ICHRA General Manager, New Market Strategy

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

$232k - $304.5kAnnually

+ Equity Grants + Annual Performance Bonuses

Senior, Expert

Los Angeles, CA, USA + 3 more

More locations: Remote in USA | Tempe, AZ, USA | New York, NY, USA

Must reside in one of the specified states; hybrid role for those near New York City, Tempe, or Los Angeles.

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
Data Analysis
Requirements
  • 10+ years experience in healthcare payer space within small group
  • Strong financial acumen and experience with modeling, data and insights
  • Experience in developing a business from the ground up
  • Experience in high growth environment with proven ability to move quickly on execution and garner cross functional support
  • Experience leading a market or region for a healthcare payer
  • Client management experience, particularly with large scale partnerships
  • Strong provider and distribution relationships
  • Experience developing presentations and narratives to inform senior leadership on product
  • ACA experience is a plus
Responsibilities
  • Develop and implement acquisition strategies across various employer segments leveraging the sales and marketing teams and in conjunction with platform partners.
  • Evaluates, updates, and develops products by adhering to rules, regulations, and requirements while considering current market trends and customer needs. Manages the product roadmap to ensure ongoing improvements.
  • Serve as connective tissue between Oscar teams to ensure cohesive strategy and coordination to deliver on ICHRA goals
  • Partner with Market P&L to identify target markets and create customized network contracting plans to support ICHRA.
  • Partner closely with Corporate Strategy to leverage platform relationships and drive a feedback loop to enhance our product offerings to ensure attractiveness
  • Partner with Insurance CFO to ensure accurate monthly financials for the book of business and the Actuarial team on MLR performance drivers and pricing strategy
  • Partner with marketing on strategies to drive growth, name recognition and leverage IFP success in target markets
  • Identify, analyze, and implement critical strategic initiatives to ensure successful management of product - including Affordability and Risk Adjustment efforts
  • Represent ICHRA in key forums with Oscar leadership - driving data and development of narrative for Board Meetings, OpCo, and key governance meetings
  • 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 many traditional insurers, 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

N/A

Total Funding

$1.6B

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

3%

1 year growth

4%

2 year growth

5%
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.