Senior Director of Corporate FP&A, Oscar Health
$172.8-252k
Salary dependent on location + Company equity grants and annual performance bonuses
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
1001+ employees
Company mission
To provide consumers with access to the affordable, high-quality health care they deserve.
Role
Who you are
- 12+ years of public or large company experience in FP&A roles with healthcare, insurance, or financial services strongly preferred
- 7+ years of demonstrated ability using expert financial modeling skills to effectively translate data into actionable insights, strategies, and financial plans
- 5+ years of experience leading budgeting and planning processes
- 5+ years of proficiency with building and enhancing core FP&A tools
- 5+ years of proven ability to build and develop high-functioning finance teams
- Bonus Points
- Masters Degree; Business Administration, Finance, or Financial Analysis
- Experience at a public company
- Experience in the managed care, healthcare or insurance space
- Proficiency in SQL/BigQuery to analyze large data sets
- Proficiency working with NetSuite and Adaptive
- Strong analytical & problem solving mindset
- Excellent communication skills and executive presence
What the job involves
- The Senior Director of Financial Planning & Analysis (FP&A) coordinates, monitors, analyzes, and forecasts business unit & overall company financial performance. The Senior Director of FP&A consolidates financial results, influences strategic decisions, and provides valuable insights to senior leadership about the company’s financial trajectory. This role regularly interacts extensively with senior leadership, including Finance senior leadership
- You will report to the Senior Vice President, Deputy CFO
- Drive business-unit-specific, consolidated budget & re-forecasting processes to ensure alignment with operating plan, external guidance, and overall financial targets
- Provide valuable insights of performance on an ongoing basis to leadership
- Lead the production and analysis of monthly, quarterly, and annual management reports, highlighting key trends and variances for leadership and investor relations
- Develop & support cost allocation management and frameworks that align with the operating model
- Execute business-unit financial strategy including the identification, validation, and tracking of initiatives that improve overall financial performance
- Drive multi-year strategy planning process in close partnership with business-unit leadership, including ownership of all investment/business cases, evaluation of strategic growth opportunities, etc
- Drive internal finance processes and strategy, including oversight of financial planning system(s) and allocations, integrity of raw financial data and granular reporting capabilities
- Consistently evaluate FP&A processes, systems, and tools to improve efficiency, accuracy, and strategic analysis
- Develop, manage, and coach a high performing finance team; own cross-functional Finance team processes on ad hoc basis
- Communicate financial results, trends, and recommendations to leadership, employees, and other stakeholders in a clear and concise manner
- 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 those of other advanced economies. Oscar 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 in the Oscar app. 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. Fresh funds will fuel growth atop a series of successful years, as well as back ventures such as its Culturally Competent Care Grant Program, that awards grants to US organizations that are working to increase care access for underserved communities.
Steph
Company Specialist
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
(CEO)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 with his partners.
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