Executive Director, Health Assurance Economy Foundation

The Health Assurance Economy Foundation (“HAEF”) is seeking an Executive Director to establish the foundation’s operations and key philanthropic activities as the first hire.

About the Organization

The Health Assurance Economy Foundation is an independent non-profit corporation whose mission is to transform healthcare in the U.S. and the world through investments in stories and causes that matter. HAEF is based on the thesis of Health Assurance: creating a data-driven, cloud-based category of healthcare to create a more proactive, affordable, & equitable system of care while reducing the GDP of Healthcare in the United States (as outlined in the book Unhealthcare). HAEF is a critical part of the Health Assurance ecosystem, working in close partnership with a large venture capital firm, health technology startups and corporations, and other partner entities. HAEF is backed by an asset pool in excess of $10MM liquid and $100MM in private securities in fast-growing start-ups, with expected additional upside. The organization’s main initial focus will be to establish operations and source opportunities for grant-making across the healthcare landscape in accordance with the Health Assurance mission.

About the Role

The Executive Director will be the first full-time hire for HAEF. The Executive Director will play a pivotal role in shaping the Foundation’s financial, legal, and organizational structure and ongoing initial activities in support of Health Assurance. Reporting to the Board of Directors, the Executive Director will be responsible for overseeing the strategic direction and day-to-day operations of HAEF, including implementing the mission, vision, and goals.

Key responsibilities of the Executive Director include:

• Co-create a vision of what a Health Assurance future looks like, and the Foundation’s role in creating it
• Develop and implement a strategic plan that aligns with our mission, vision, and goals
• Build partnerships and collaborations with ecosystem partners that share the Foundation’s vision
• Understand the healthcare industry landscape, including identifying potential partners and investment opportunities, from providers to other non-profits, community groups, initiatives, policy groups, and more
• Evaluate grant-giving opportunities and provide consulting advice on scaling healthcare-related efforts to grantees
• Understand and steward the Foundation’s balance sheet and investments into high-return activities at a sustainable rate, ensuring the ongoing financial health of the organization, including budgeting activities
• Communicate HAEF’s vision, mission, and goals to a wide audience through various channels, including social media, public speaking, and written materials
• Develop an initial public policy strategy aimed at the national level related to Health Assurance and the Foundation’s vision and goals, and understand ecosystem partners and potential avenues for advocacy
• Board governance
  • Collaborate with the current Board to build out and mature the Board as needed
  • Act as primary liaison to the Board of Directors, engaging Board members in the current and future needs of the organization
  • Communicate effectively with the Board and provide, in a timely and accurate manner, all information necessary for the Board to function properly and to make informed decisions

The ideal candidate for this role will have a passion for transforming the healthcare industry in alignment with the Health Assurance thesis, as well as financial abilities to lead the organization’s internal structure with oversight from the Board. The candidate will have strong independent leadership abilities to create the organization’s activities from scratch, evaluating the organization’s activities along an investment-to-societal return framework. A strong understanding of the healthcare industry, its challenges, opportunities, and partnership opportunities is necessary.

CANDIDATE REQUIREMENTS

The candidate is expected to have minimum 5 years of experience, ideally in a healthcare setting or healthcare-focused nonprofit environment. A Bachelor’s degree is preferred, with a Master’s or Doctorate’s degree in a Health-related field or nonprofit field also preferred. Comfortability with both non-profit and healthcare fields is highly preferential. 

Professional Qualifications

• Executive leadership – An ability to liaise with partners across the United States to execute the health assurance mission, advising grantees and partners on how to fulfill the Health Assurance mission
• Strategic thinking – Demonstrated success developing a compelling strategic vision for improving outcomes and leveraging technology to achieve that vision
• Strategic leadership – Ability to communicate our strategy internally and externally to partners, funders, and the public in high-stakes environments, with the ability to visibly demonstrate leadership and represent HAEF in the founder, investor policymaker, and healthcare communities
• Demonstrated ability to achieve through influence – Ability to balance listening and learning with leading - with both internal and external audiences; ability to activate stakeholders, partners, and individuals to achieve HAEF’s mission
• Relevant cross-sector experience – HAEF sits at the intersection of healthcare leaders, policymakers, founders and investors and functions as a nonprofit; experience with most areas (healthcare, policy, technology entrepreneurship, venture capital, and nonprofit management) and demonstrated ability to learn the areas in which the candidate has less experience; ability to context-switch and sometimes culture-switch between tech, healthcare, policy, and nonprofit to effectively connect with, and credibly represent, our diverse communities; experience with hybrid for-profit and nonprofit models is a plus
• High degree of healthcare literacy - To be effective you will need to be able to speak credibly to healthcare industry leaders, founders, and workers, and ensure that HAEF is delivering value to them. That will require knowledge of their context and an ability to speak to them with credibility
• Values-Driven – Alignment with HAEF values and operating principles; demonstrated commitment to diversity, equity and inclusion and the ability to serve as an exemplar for an organization's values and foster an inclusive, high-trust, and respectful workplace
• Financial acumen – Ability to independently work with accounting and legal firms to maintain Foundation’s ongoing processes, financial health, and obligations

Personal Characteristics

• Low ego and willingness to do any job that needs to be done
• Ability to manage many ongoing programs simultaneously with care
• Financial savviness
• Excellent communication skills
• Deeply mission-driven, with a strong alignment to the Health Assurance thesis
• Practical and action oriented
• Supportive, committed to mentoring others
• Committed to a growth mindset and continuous improvement and learning
• Excellent at building trust
• Good judgment
• Community-oriented
• Open and direct
• Unquestionable integrity

COMPENSATION AND BENEFITS

Location

Remote; willingness to travel for occasional full-staff meetings and to key meetings with funders / key stakeholders (approximately 5-10 days/quarter). Slight preference will be given for candidates located in the San Francisco Bay metropolitan area or New York City metropolitan area, or those planning to relocate.

Compensation and Benefits

The initial expected base salary range for this position is $150,000-175,000+ commensurate with experience; in addition to salary, HAEF will offer health, dental, and vision benefits. These benefits will need to be selected by the Executive Director for HAEF as an organization, subject to Board approval.

DIVERSITY

At HAEF, we deeply value diversity and are an equal opportunity employer by choice. We consider all qualified applicants equally for employment. We do not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.