Senior Director, Corporate Development

Job details

Work model

Not provided by source

Salary

$196,733 – $258,212 per year

Location

Tempe, Arizona, United States

Hiring context

How this role compares at Oscar Health

Oscar Health has 289 live roles in MeritLog’s catalog across 13 job families, and 122 of them are in data & analytics. 244 of those listings publish a pay range, a disclosure rate of 84%.

This role's posted range of $196,733 – $258,212 per year sits above 89% of the 226 other Oscar Health roles quoted over the same currency and period.

Counted across the job boards MeritLog tracks, at the time this page was served. Pay comparisons use only listings that publish a complete range in the same currency and period.

What the role asks for

Parsed by MeritLog from the employer’s own posting. The full description follows below.

Job description

Hi, we're Oscar. We're hiring a Senior Director, Corporate Development to join our Strategic Finance. Oscar is the first health insurance company built around a full stack technology platform and a relentless 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 Senior Director of Corporate Development is a senior finance and strategy leader responsible for advancing Oscar's inorganic growth agenda through thesis-driven market mapping, target sourcing, strategic partnerships, investments, divestitures, and M&A. This role translates enterprise priorities into actionable market landscapes, target universes, build/buy/partner recommendations, and a prioritized pipeline of opportunities, while leading rigorous financial analysis, valuation, due diligence, approval materials, and transaction execution from initial evaluation through closing and integration planning. You will report into the SVP, Deputy CFO. Work Location: This position is based in our Tempe, AZ office, requiring a hybrid work schedule with 3 days of in-office work per week. Thursdays are a required in-office day for team meetings and events, while your other two office days are flexible to suit your schedule. #LI-Hybrid Pay Transparency: The base pay for this role is: $196,733 - $258,212 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants and annual performance bonuses. Responsibilities: • Deal Execution: Lead end-to-end corporate development execution across M&A, investments, divestitures, and strategic partnerships, including target sourcing, market mapping, valuation, financial modeling, diligence, negotiation, approval materials, closing, and integration planning. • Integration: Partner with operators to define integration plans, synergy/value-capture targets, post-close KPIs, and governance to ensure transactions deliver against strategic and financial objectives. • Market mapping: Develop and manage a thesis-driven sourcing strategy that translates enterprise priorities into market landscapes, target universes, build/buy/partner recommendations, and a prioritized pipeline of actionable M&A, investment, and strategic partnership opportunities. • Advanced Financial and Capital Modeling: Lead sophisticated, long-term, enterprise-wide financial and capital modeling efforts to inform and influence strategic decisions related to future growth initiatives and capital allocation. • Strategic Initiative Evaluation & Due Diligence: Provide comprehensive quantitative and qualitative evaluations of strategic growth initiatives, including new market entries and business lines, in close partnership with the Corporate Strategy team. • Compliance with all applicable laws and regulations • Other duties as assigned Requirements: • Bachelor's degree in Finance, Economics, Business Administration, or a related field. • 12+ years of progressive experience in analytical financial roles, with significant leadership responsibilities. • 10+ years of demonstrated ability using expert financial modeling skills to effectively translate complex data into actionable insights, robust strategies, and comprehensive financial plans, particularly in a corporate development context. • 8+ years of significant corporate development experience, including direct involvement in M&A financial modeling, valuation, and negotiation. • 7+ years of experience collaborating, influencing, and presenting at the executive level, including direct interaction with C-suite and Board members. Bonus points: • Experience in similar roles in strategy consulting, financial services, or insurance industries (ex: private equity, venture capital, investment banking) • Strong preference for healthcare industry experience and deep market knowledge. • Advanced degrees or professional designations, such as an MBA or CFA. 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. Artificial Intelligence (AI): Our AI Guidelines outline the acceptable use of artificial intelligence for candidates and detail how we use AI to support our recruiting efforts. 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 Privacy Policy.

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