What are the responsibilities and job description for the Manager, Corporate Investment Portfolio position at Oscar Health?
Job Description
Job Description
Hi, we're Oscar. We're hiring a Manager, Corporate Investment Portfolio to join our Treasury team.
Oscar is the first health insurance company built around a full stack technology platform and a 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 Manager, Corporate Investment Portfolio is primarily responsible for managing the corporate investment portfolio as well as supporting the execution of treasury strategy. This role assists in setting the corporate investment portfolio strategy, managing the risk of the overall portfolio, and managing relationships with third party investment managers
You will report to the VP, Treasurer.
Work Location :
Oscar is a blended work culture where everyone, regardless of work type or location, feels connected to their teammates, our culture and our mission.
If you live within commutable distance to our New York City office (in Hudson Square), our Tempe office (off the 101 at University Dr), or our Los Angeles office (in Marina Del Rey), you will be expected to come into the office at least two days each week. Otherwise, this is a remote / work-from-home role.
You must reside in one of the following states : Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, or Washington, D.C. Note, this list of states is subject to change. #LI-Remote
Pay Transparency :
The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is : $108,000 - $141,750 per year. The base pay for this role in all other locations is : $97,200 - $127,575 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.
Responsibilities
- Manages the corporate investment portfolio in accordance with corporate investment policy. Assists in developing strategy in partnership with Treasury leadership. Presents recommendations to corporate investment committee
- Manages relationships with third party asset managers including the selection of asset managers and review of performance
- Develops investment portfolio analytics and produces monthly reporting to senior management on net investment income results and portfolio performance
- Leads asset / liability management process including development of key metrics to assess and model interest rate risk, liquidity risk, and credit risk
- Develops the net investment income strategic plan, annual net investment income budget, as well as quarterly forecasts
- Prepares Investment portfolio and net investment income reporting package for senior management committee as well as Board of Directors
- Assists in the development of overall treasury strategy
- Compliance with all applicable laws and regulations
- Other duties as assigned
Qualifications
Bonus Points
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.
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 (accommodations@hioscar.com) 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 Notice to Job Applicants.
Salary : $97,200 - $127,575
