VP, Insurance Product Innovation and Development
VP, Insurance Product Innovation and Development
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 232000 - 304500
1 Vacancy
Job Description
Hi were Oscar. Were hiring a VP Insurance Product Innovation and Development to join our Market Management 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 ourselvesone that behaves like a doctor in the family.
About the role
The Vice President of Insurance Product Innovation and Development will lead product strategy product design and product management for Oscars current and future insurance product portfolio. This leader will work with Market actuarial sales and network partners to achieve Oscars long term membership and financial goals and ensure that our products are aligned with market demands company goals and regulatory requirements. They will drive innovation by leading cross-functional teams while balancing technical capabilities with business objectives to develop products that satisfy customer demands foster a competitive edge and increase revenue. The VP will also lead a team to deliver key insights analysis and recommendations to senior leadership thereby influencing strategic decisions and promoting organizational growth.
You will report to the SVP Market Management.
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 Arkansas California Colorado Connecticut Florida Georgia Illinois Indiana 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 is: $232000 - $304500 per year. You are also eligible for employee benefits participation in Oscars unlimited vacation program company equity grants and annual performance bonuses.
Responsibilities
- Define and lead the product development strategy for new and existing insurance products aligning with the companys vision growth objectives and customer needs.
- Build mentor and manage a high-performing product development team fostering a culture of innovation accountability and continuous improvement.
- Establish an industry-leading understanding of shifting and unmet consumer needs and programmatically share relevant consumer insights within the organization
- Identify new opportunities through conducting primary and secondary market research analyzing internal and external customer data and staying ahead of industry trends to deliver differentiated sustainable and scalable products.
- Collaborate with key stakeholders to deliver product innovation and growth in key markets
- Work closely with Market Leaders Actuarial Sales and tech teams to develop and refine products ensuring they meet customer demands and comply with all regulatory requirements.
- Oversee and optimize the insurance product portfolio building a pipeline of potential concepts that advance to scale through a disciplined stage-gate process to build incremental confidence product performance aligns with company financial goals and strategic targets.
- Leverage customer insights industry trends UX/product design best practices and data analytics to inform product decisions and ensure consumer-centric design.
- Maintain up-to-date knowledge of industry regulations and ensure all products meet regulatory and compliance standards working with the regulatory affairs team to influence policy where needed to solve consumer problems.
- Monitor product performance metrics and KPIs adjusting strategy as needed to optimize profitability customer satisfaction retention and market share.
- Compliance with all applicable laws and regulations
- Other duties as assigned
Qualifications
- 15 years in health insurance product development
- 5 years in a senior leadership role
- Experience across multiple insurance products
Bonus Points
- 5 years experience in consumer product development
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. Were 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 applicants disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team () to make the need for an accommodation known.
Artificial Intelligence (AI) Guidelines: Please see our AI Guidelines for the acceptable use of artificial intelligence during the interview process at Oscar.
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.
Required Experience:
Exec
Employment Type
Full-Time
