Senior Director, Corporate Development

oscar; Tempe (AZ); Hybrid; USD 197,000 - 258,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

11 paid holidays

Paid sick time

Parental leave

401(k) plan participation

Life and disability insurance

Wellness time and reimbursements

Job summary

Oscar is seeking a Senior Director of Corporate Development to lead inorganic growth through M&A, equity investments, divestitures, and strategic partnerships. You will translate enterprise priorities into actionable market landscapes and manage diligence, valuation, and execution from initial evaluation through closing and integration planning.

Based in Tempe, AZ with a hybrid work schedule (3 days in office per week; Thursdays required in-office).

Qualifications

• 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 translate data into actionable insights, robust strategies, and financial plans.
• 8+ years of significant corporate development experience, including M&A modeling, valuation, and negotiation.
• 7+ years of experience collaborating with C-suite and Board members.

Responsibilities

• Lead end-to-end corporate development across M&A, investments, divestitures, and partnerships, including sourcing, valuation, diligence, and negotiation.
• Define integration plans, KPIs, and governance for post-close value capture and strategic impact.
• Develop thesis-driven market maps and a prioritized pipeline of growth opportunities.
• Lead long-term financial and capital modeling to inform growth initiatives and capital allocation.
• Evaluate strategic initiatives and due diligence in collaboration with Strategy teams.
• Ensure compliance with applicable laws and regulations.
• Other duties as assigned.

Skills

Financial modeling

M&A

Strategic planning

Negotiation

Executive communication

Team leadership

Education

Bachelor's degree in Finance/Economics/Business Administration

Tools

Excel

Financial modeling software

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.

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.

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