Associate Director, Insurance Product Innovation, Emerging Solutions

This is a fully remote position, open to applicants in Arizona, +14 more states.

📋 Description

• Spearhead the creation of product and innovation strategies focusing on the individual market and new solution areas.

• Convert enterprise and market objectives into applicable product strategies, value propositions, and expansion plans.

• Discover and amplify new growth avenues, including lifestyle-focused products, population-specific solutions, and related offerings.

• Establish market-specific right-to-win strategies, competitive positioning, and investment priorities.

• Lead the formulation of business cases, assessing return on investment, growth, and margin impacts in collaboration with actuarial and finance teams.

• Advocate for the enhancement of product performance utilizing member insights, behavioral data, and market intelligence.

• Ensure that new solutions are compatible with the existing product portfolio, benefit design standards, and member value propositions.

• Enhance modular product design to boost scalability, consistency, and speed to market across different markets.

• Oversee product lifecycle performance, encompassing launch readiness, post-launch optimization, and long-term sustainability.

• Collaborate with product execution, compliance, and regulatory teams to ensure preparedness and adherence to all requirements.

• Develop and execute the member incentives platform, including rewards, engagement programs, and vendor partnerships.

• Define and innovate the program structure, eligibility, and value proposition while considering member engagement and retention objectives.

• Collaborate with other teams and external vendors to deliver scalable and compliant incentive solutions.

• Assist in ongoing refinement of the incentive platform and partnership models post-launch, leveraging data-driven insights to enhance membership engagement.

• Act as a senior connector among actuarial, network, market leadership, compliance, regulatory, finance, and growth teams.

• Foster consensus, ensuring effective decision-making and execution.

• Manage dependencies, timelines, and trade-offs alongside peers to guarantee execution and achievement of results.

• Influence strategic decisions within a matrixed organization without possessing direct authority.

• Lead intricate programs that span multiple markets, partners, and products.

• Analyze outcomes and provide recommendations to enhance product performance or scale across geographies based on data-driven insights.

• Provide leadership oversight for direct reports, including coaching, conducting regular meetings, and providing direction.

• Ensure compliance with all applicable laws and regulations.

• Perform other duties as assigned.

⛳️ Requirements

• Bachelor's degree.

• Over 8 years of experience in health insurance, product strategy, ACA marketplace, or small group product sectors.

• Proven experience leading teams without direct authority and developing processes that enhance speed to market.

• Experience in supporting or managing product lifecycle execution, including design and launch phases.

• Background in working within a matrixed environment.

• Experience managing complex programs (e.g., growth, product innovation) involving multiple matrixed partners.

• Willingness to travel up to 25% of the time.

🏝️ Benefits

• Employee benefits.

• Participation in Oscar's unlimited vacation program.

• Annual performance bonuses.