Oscar Health Insurance Co

Director, Managed Business Services

Oscar Health Insurance Co$147K — $193K *
Tempe, AZ 85281In-Person
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Operations or relevant field
  • 10+ years in Insurance Operations
  • 8+ years working with teams in multiple locations and disciplines
  • 8+ years of coaching and developing cross-functional teams
  • 6+ years in LEAN, Six Sigma, or other improvement methodologies
  • 5+ years managing 3rd-party BPO/ITO relationships in insurance operations
  • Strong legal and commercial acumen for multi-million dollar contract negotiations.

Responsibilities

  • Lead analysis to determine optimal outsourcing vs. internal retention
  • Design and execute a scalable operating model for business initiatives
  • Drive transformation by adapting outsourcing to market trends
  • Align provider visions with corporate goals for flexibility and growth
  • Oversee selection process for partners and vendor onboarding
  • Negotiate favorable terms with management and external executives
  • Establish and monitor rigorous SLAs and KPIs focused on performance
  • Govern operational performance with insightful reporting and analysis
  • Track ROI and save costs on outsourcing initiatives
  • Implement change management for new workflows and documentation

Benefits

  • Participation in Oscar's unlimited vacation program
  • Access to company equity grants
  • Annual performance bonuses
  • Medical, dental, and vision benefits
  • 11 paid holidays and paid sick time
  • Paid parental leave
  • 401(k) plan participation
  • Life and disability insurance
  • Paid wellness time and reimbursements
Full Job Description
Hi, we're Oscar. We're hiring a Director, Managed Business Services to join our team.

About the role:

You will be the primary architect of our global outsourcing strategy and be responsible for the end-to-end health of our outsourced ecosystems. This service covers multiple contact center, business process and configuration functions and works with multiple vendors across several countries. This strategic leadership role designs, implements, and governs external operations to ensure they align with company quality and compliance standards, cost objectives, and customer experience goals.

You will report into the SVP, Insurance Operations

Work Location: This position is based in our Tempe, Arizona 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: $147,549 - $193,658 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants, and annual performance bonuses.

Responsibilities:
  • Lead the ongoing analysis and cross-functional framework to determine which business functions are optimized for outsourcing versus internal retention.
  • Design and execute an operating model that supports scalability, ongoing risk mitigation, and the execution of critical business initiatives across a matrixed organization.
  • Drive core business transformation by identifying emerging marketplace trends and shifting the outsourcing model from transactional tasks to transformational outcomes.
  • Align service provider visions with long-term corporate goals to ensure flexibility and growth as market demands change.
  • Drive the end to end selection process, in partnership with Procurement and operational leaders, including RFP leadership, vendor vetting, and onboarding of partners that align with company scale and culture.
  • Partner closely with Procurement to identify and execute optimal Master Service Agreements (MSAs) and Statements of Work (SOWs) while monitoring value delivery and ROI.
  • Negotiate matters of significance with senior management and external executives to ensure favorable commercial terms and operationally effective programs.
  • Ensure the establishment and monitoring of rigorous Service Level Agreements (SLAs) and Key Performance Indicators (KPIs) focused on financial accuracy, productivity, and member experience.
  • Perform ongoing operational governance by preparing consolidated performance reports that provide actionable insights and root-cause identification for issues.
  • In partnership with finance, track ROI on outsourcing initiatives. Ensure meticulous billing analysis and the identification of opportunities for long-term cost savings.
  • Set and enforce rigorous standards for all offshore and nearshore sites to ensure total adherence to HIPAA, CMS regulations, SOC2, and data privacy requirements.
  • Partner with internal Audit, Security, and Compliance departments to lead the operational response to any vendor-side audits or data incidents.
  • Lead the transition and change management of new work streams, including the creation of documentation, training protocols, and workflow design.
  • Act as the primary bridge between internal departments and external partners to ensure seamless knowledge transfer and brand consistency.
  • Create an attractive value proposition for vendor staff to minimize turnover, preserve institutional knowledge, and ensure external teams are educated on company priorities.

Requirements:
  • Bachelor's Degree in Business, Operations or relevant field
  • 10+ years in Insurance Operations
  • 8+ years working with teams in multiple locations and within multiple disciplines
  • 8+ years of coaching and developing leading cross-functional people and teams
  • 6+ years of experience in LEAN, Six Sigma, or other improvement methodologies
  • 6+ years of experience leading large-scale implementations or expansion implementations across multiple site locations or business units
  • 5+ years of experience in procurement processes, including negotiating and contracting BPO services
  • 5+ years managing 3rd-party BPO/ITO relationships for major functions in insurance operations.
  • Strong legal and commercial acumen with experience in multi-million dollar contract negotiations.
  • Ability to influence internal/external and onshore/offshore leadership

Bonus points:
  • MBA or relevant advanced degree
  • 10+ years of experience on Insurance Payer side
  • Advanced experience with Procurement or Contract Management functions
  • Advanced experience in healthcare
  • Experience managing international teams across different time zones (APAC, LATAM, EMEA).
  • Proven track record of scaling an outsourcing program from "scratch" to a global footprint.


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

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.

About Oscar Health Insurance Co

Oscar Health Insurance Co. is a technology-driven health insurance company founded in 2012 and headquartered in New York City. The company offers individual and family health insurance plans, as well as Medicare Advantage plans. Oscar Health Insurance Co. uses technology to simplify the health insurance experience for its customers, including a mobile app that allows customers to manage their health insurance policies and access telemedicine services. The company has raised over $1 billion in funding and is valued at over $5 billion.
Learn more about Oscar Health Insurance Co
Size
4,000 employees
Market Cap
$466 million
Industry
Founded
2012
NASDAQ

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