Senior Director, Corporate Development

Oscar Health; Phoenix (AZ); Hybrid; USD 197,000 - 258,000; Full time

Benefits offered by this job

Unlimited vacation

Equity grants

Annual performance bonus

Job summary

Oscar Health is hiring a Senior Director of Corporate Development to lead the finance-driven inorganic growth agenda. Based in Tempe, AZ with a hybrid schedule (3 in-office days per week; Thursdays required).

You will oversee end-to-end deal execution across M&A, investments, divestitures, and strategic partnerships, while partnering with executives to drive integration and value realization. Competitive base pay and equity are offered.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or related field.
• 12+ years of analytical financial experience with leadership responsibilities.
• 10+ years in corporate development with M&A modeling, valuation, and negotiation.
• 7+ years of executive-level interaction with C-suite and Board members.

Responsibilities

• Deal execution: lead end-to-end corporate development across M&A, investments, divestitures, and strategic partnerships, including target sourcing and due diligence.
• Integration: define integration plans, synergy targets, post-close KPIs, and governance.
• Market mapping: develop thesis-driven sourcing strategy and target universe.
• Advanced financial & capital modeling to inform growth and capital allocation decisions.
• Strategic initiative evaluation & due diligence with Corporate Strategy team.
• Compliance with applicable laws and regulations.
• Other duties as assigned.

Skills

Financial modeling

M&A experience

Valuation

Negotiation

Executive communication

Education

Bachelor's degree (Finance/Economics/Business)

Job description

Hi, we're Oscar. We're hiring a Senior Director of Corporate Development to join our Finance team.

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.

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.

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.

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 ([e-mail]) to make the need for an accommodation known.

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