People Matter

Associate Director, Value Based Contracting

Oscar Health

Oscar Health

Remote
Posted on Jul 30, 2024

Hi, we're Oscar. We're hiring a Associate Director, Value Based Contracting to join our Network Strategy team.

Oscar is the first health insurance company built around a full stack technology platform and a focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselves—one that behaves like a doctor in the family.

About the role

The Associate Director, Value Based Provider Contracting is responsible for leading all activities to ensure success for Oscar’s VBC contracting and operational standardization needs. The Associate Director will oversee and ensure proper execution of VBC program build and policy creation by driving operational improvements for core VBC Contracting operations, including proper controls and monitoring, to enhance VBC program efficiency and effectiveness. Additionally, the Associate Director will provide Regional P&L deal support oversight for all Value Based contracting activities.

You will report to the Director, Provider Contracting Strategy.

Work Location:

Oscar is a blended work culture where everyone, regardless of work type or location, feels connected to their teammates, our culture and our mission.

If you live within commutable distance to our New York City office (in Hudson Square), our Tempe office (off the 101 at University Dr), or our Los Angeles office (in Marina Del Rey), you will be expected to come into the office at least two days each week. Otherwise, this is a remote / work-from-home role.

You must reside in one of the following states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, or Washington, D.C. Note, this list of states is subject to change. #LI-Remote

Pay Transparency:

The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $144,000 - $189,000 per year. The base pay for this role in all other locations is: $129,600 - $170,100 per year. You are also eligible for employee benefits, participation in Oscar’s unlimited vacation program, and annual performance bonuses.

Responsibilities

  • Oversee the organization of daily activities to drive VBC operational and program excellence
  • Analyze and anticipate risks/issues associated with VBC end to end contracting. This includes proactive flagging of issues, managing escalations, and tracking and helping to resolve risks and issues.
  • Oversee the identification, development and implementation of the VBC program strategy, optimizations and tooling that support the organization’s objectives
  • Partner with other departments and various stakeholders such as data, actuarial, tech, contracting, legal, operations, and Regional P&L teams, etc. to optimize VBC operational excellence and contracting lifecycle
  • Ensure department has the proper controls and monitoring are in place for the VBC program
  • Work with leadership and the program stakeholders to lead VBC program retros and assess program strengths and weaknesses
  • Ensure proper metrics are being met to measure program success
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Qualifications

  • 7+ years of experience in a project management role
  • 4+ years of managing a team

Bonus Points

  • Track record related to value based contracting, affordability and profitability programs - creating, executing and, monitoring contract performance across provider types
  • Consultative executive presence and ability to communicate with and lead presentations for senior leaders, and executives both internally and externally.
  • Strong experience related to program management ownership and leading across a large cross functional team
  • A strong financial/analytical background, and the ability to quickly digest and evaluate complex financial structures and large amounts of data inorder to make commercially intelligent business decisions.
  • Orientation towards designing processes systematically while being able to execute quickly within a fast-paced, fluid and goal-oriented environment."

Travel required?

  • Yes, up to 25%

This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here.

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves and find both belonging and support. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.

Pay Transparency: Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. Full-time employees are eligible for benefits including: medical, dental, and vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life and disability insurance, and paid wellness time and reimbursements.

Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicant’s disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team (accommodations@hioscar.com) to make the need for an accommodation known.

California Residents: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Notice to Job Applicants.