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Oak HC/FT

Director, Payment Operations

Maven Clinic

Maven Clinic

Operations
United States · New York, NY, USA · Remote
Posted on Friday, September 1, 2023
Maven is the largest virtual clinic for women's and family health, offering continuous, holistic care for fertility and family building through maternity, parenting, pediatrics and menopause. Maven's award-winning digital programs are trusted by leading employers and health plans to reduce costs and drive better maternal health outcomes, as well as enhance DE&I in benefits programs. Founded in 2014 by CEO Kate Ryder, Maven has been recognized as Fast Company's #1 Most Innovative Health Company and has grown to 15 million lives covered. Maven has raised $300 million in funding from leading investors including General Catalyst, Sequoia, Oak HC/FT, Dragoneer Investment Group and Lux Capital.
An award-winning culture working towards an important mission – Maven Clinic is a recipient of over 30 workplace and innovation awards, including:
  • TIME 100 Most Influential Companies (2023)
  • CNBC Disruptor 50 List (2022, 2023)
  • Fast Company Most Innovative Companies (2020, 2023)
  • Built In Best Places to Work (2023)
  • Fortune Best Workplaces NY (2020, 2021, 2022, 2023)
  • Great Place to Work certified (2020, 2021, 2022, 2023)
  • Fast Company Best Workplaces for Innovators (2022)
  • Built In LGBTQIA+ Advocacy Award (2022)

Maven is looking for a Director, Payment Operations. Reporting to the VP, Payment Delivery, you will be responsible for leading the team responsible for managing payment related activities for Maven’s new Maven Managed Benefit product. You will lead a team that is ultimately responsible for ensuring all services obtained are paid for by the appropriate party and that providers are paid for the services rendered. You will play a critical role in enabling Maven members to access new, fertility related benefits, and in helping de-stress the financial burden that comes with family planning.

The ideal candidate has experience building out and leading high performing teams that manage complex payments workflows, while ensuring a seamless member experience. This is a supervisory role with responsibility for reimbursement and collections, accumulation management, and claims, benefits, & appeals.

As a Director, Payment Operations at Maven, you will:

  • Hire, train, and manage a team of professionals focused on administering all financial transactions for the Maven fertility payments product
  • Monitor processes to ensure payments are processed accurately and distributed on time to members, providers and other stakeholders
  • Develop, implement and oversee strategies related to paying for and administering payment; ensure that each strategy is tailored to the specific benefits and services provided and is compliant and secure
  • Oversee systems and technologies used for the payment processing. This includes selecting, implementing, testing and maintaining these platforms to ensure that they scale effectively with the growth of the product line, and can handle the volume, complexity and the origination of the transactions.
  • Where appropriate, oversee vendor relationships, negotiate contracts and ensure third parties are meeting performance expectations and SLAs
  • Develop operational processes and workflows that enable payment processes; these should take into account any internal and external technology and operational feeds
  • Ensure compliance and function as the internal expert on financial regulations, data security standards and compliance requirements; ensure that operations adhere to these regulations to mitigate any legal or financial risk
  • Create trainings, policies and guidelines that align employee behavior and communications to fertility payments product guidelines and benefit design
  • Develop and manage reporting tools to support operational goals and facilitate quick and accurate decisions

Qualifications:

  • Experience at a high growth, tech enabled company in healthcare, insurance, or fin tech strongly preferred
  • Experience in payment operations, ideally from a health plan or specialty benefit management company
  • Strong understanding of workflow management, operational process development and operational oversight
  • Proven track record of building teams, attracting and developing high-performing talent; strong people leader with the ability to mentor a team
  • Operates with a strong sense of urgency, energy and enthusiasm. Leads with a passion to fulfill the shared mission and vision of the organization. Effective in a very fast-paced environment
  • Solutions-mindset; seeks opportunities to say “yes” before immediately identifying reasons to say “no”
  • Experience working in a high growth environment or in launching new products/services
  • Deep experience with payments and billing in a healthcare context is preferred
  • A nimble, progressive thinker with the ability to drive process change within a high growth organization and an orientation towards data driven continuous improvements
  • Ability to provide exceptional service, solving issues and creating member satisfaction above all
  • Strong judgment and prioritization skills and ability to quickly assess decisions/investments/tasks that will create the biggest impact
  • Excellent communicator, both written and verbal with the ability to communicate with and persuade at all levels across the organization
  • Detail-oriented and analytical, with solid organizational and problem-solving skills
  • Self-motivated and able to work under pressure in a high growth, evolving environment; dependable with deliverables and deadlines

For candidates in NYC, CO, or CA, the base salary range for this role is $175,000-$215,000 per year. You will also be entitled to receive stock options and benefits. Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, and skillset.

At Maven we believe that a diverse set of backgrounds and experiences enrich our teams and allow us to achieve above and beyond our goals. If you do not have experience in all of the areas detailed above, we hope that you will share your unique background with us in your application and how it can be additive to our teams.

Benefits & Perks:

We are reimagining what a supportive workplace looks like, from the inside out. On top of standards such as employer-covered health, dental, and insurance plan options, and generous PTO, we offer an all-of-you, inclusive approach to benefits:

  • Maven for Mavens: access to the full platform and specialists, including care for everything from mental health, reproductive health, family planning, pediatrics.
  • Whole-self care through wellness partnerships
  • Weekly breakfast, lunch, and get-togethers
  • 16 weeks 100% paid parental leave, flexible time upon return, and $1.5K/mo for 2 months, new parent stipend (for Mavens who've been with us at least six months)
  • Udemy, annual professional development stipend, and access to a personal career coach through Maven
  • 401K matching for US-based employees (immediately vesting)

These benefits are applicable to Maven Clinic Co., US-based, full-time employees only. 1099/Contract Providers are ineligible for these benefits.