Senior Director, Corporate Development

Posted Yesterday
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Tempe, AZ, USA
Hybrid
197K-258K Annually
Senior level
Healthtech • Insurance
The Role
Leads Oscar’s corporate development and inorganic growth agenda, including M&A, investments, divestitures, partnerships, market mapping, valuation, financial modeling, due diligence, negotiation, transaction execution, and integration planning. Develops enterprise financial and capital models, evaluates strategic initiatives and market entries, and presents recommendations to executive leadership and the Board. Requires extensive corporate development, finance, modeling, valuation, and executive stakeholder experience.
Summary Generated by Built In

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 ([email protected]) 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.

Skills Required

  • 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 expert financial modeling experience, particularly in corporate development
  • 8+ years of corporate development experience, including M&A financial modeling, valuation, and negotiation
  • 7+ years collaborating, influencing, and presenting at the executive level, including interaction with C-suite and Board members
  • Experience in strategy consulting, financial services, insurance, private equity, venture capital, or investment banking
  • Healthcare industry experience and deep market knowledge
  • Advanced degree or professional designation such as an MBA or CFA

Oscar Health Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Oscar Health and has not been reviewed or approved by Oscar Health.

  • Healthcare Strength Employer-sponsored medical coverage for employees and their families with mental-health support is prominently offered. Wellness programming and digital care access add to perceived strength.
  • Parental & Family Support Paid parental leave of 10+ weeks, backup care, and family-forming support (including fertility and adoption benefits) are part of the package. Reproductive‑loss leave is also noted.
  • Leave & Time Off Breadth Multiple time‑off options, wellness days, and an unlimited vacation program for some roles are described. Paid holidays, paid sick time, and a long‑tenure sabbatical broaden time‑away choices.

Oscar Health Insights

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The Company
HQ: New York, NY
2,200 Employees
Year Founded: 2012

What We Do

Health care is broken; we're trying to fix it. The Oscar team is focused on utilizing technology, design and data to humanize health care. We're a group of technology and health care professionals who looked at the current state of the US health care system, got frustrated by the horrible consumer experience, and decided to do something big about it. Backed by a renowned set of investors and advisors, we’ve set out to revolutionize health care.

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