Commercial Products Development Manager

Posted 5 Days Ago
Be an Early Applicant
Murray, KY, USA
In-Office
45-69 Hourly
Mid level
Healthtech
The Role
Lead development and management of commercial insurance product portfolios across multiple states. Ensure market fit, regulatory compliance, financial performance, and operational readiness. Drive product launches, evaluate new market opportunities, monitor competitors and KPIs, lead cross-functional teams, manage vendor/partner relationships, and use market research and analytics to grow membership and revenue.
Summary Generated by Built In

Job Description:

The Commercial Products Development Manager develops and/or manages a portfolio of products for an assigned business segment across multiple states/market geographies.

Job Essentials

  • Ensures assigned products are positioned to meet SelectHealth membership growth goals and NOI targets. Ensure products meet highest levels of market need, administrative efficiency, customer satisfaction, regulatory compliance, and financial performance. Monitor key performance indicators for assigned product lines.
  • Implements initiatives, which result in positive program outcomes. Leads cross-functional teams to produce deliverables. Interfaces with a project manager, product team, operational leads, sales team, and other stakeholders. Responsible for the day to day operations related to the assigned product as the internal product expert in support of the operational needs of the product
  • Evaluates new product opportunities, geographic/service area expansion, new market entry and potential strategic partnerships to meet growth objectives of SelectHealth. Introduces new products to market.
  • Monitors national carrier and local competitor products, positioning, strategies, networks, as well as local and national industry trends. Identify emerging market trends. Utilizes customer research and market/competitive intelligence to ensure optimal product positioning. Provides insurance market and product education to internal teams.
  • Manages relationships with vendors, partners, and affiliate contracts as applicable.

Skills

  • People management
  • Strategic planning
  • Marketing
  • Product management
  • Project management
  • Market positioning
  • Benefits management
  • Market research
  • Product development
  • Strategic alliances
     

Minimum Qualifications

  • Demonstrated experience in health care, health insurance, managed care, employee health benefits management or self-insured plan administration experience with a record of progressive and varied responsibilities.
  • Demonstrated experience related to the assigned products (e.g., product development, product management, project management, service line management, network development, strategic planning, marketing, and/or business development.)
  • Demonstrated understanding of actuarial pricing models, underwriting practices, risk management/mitigation/avoidance strategies, adverse selection, the full continuum of provider payment arrangements, multi-channel insurance product distribution, and the impacts of these on product marketability and performance.
  • Experience driving organic growth through product and product initiatives, with an ability to recognize growth opportunities in the revenue streams. Deep understanding of insurance product analytics, its levers and the consumer behaviors needed to develop a strong performing product.

Preferred Qualifications

  • Knowledge of familiarity with derivatives, level funding, and/or Affordable Care Act (ACA).

Additional Information

  • This role may be hired at a different title/level depending on experience.
  • This is an exempt, full-time position. Pay offers are determined by prior years of relevant experience With this position, you are eligible to participate in the Annual Pay for Performance (AP4P) Plan. This plan enables Intermountain Health to provide leaders with an additional performance compensation opportunity.
  • This role is hybrid and may require travel to areas where Select Health conducts business. Candidates who live in, or are willing to relocate to, Utah, Idaho, Nevada, or Colorado and are within a reasonable commuting distance to a Select Health office are preferred.​
  • Currently, we are not hiring remote workers in the following states: CA, CT, HI, IL, MA, MN, NY, PA, RI, VT, and WA.
  • Please note that a video interview through Microsoft Teams will be required as well as potential onsite interviews and meetings

Physical Requirements

  • Interact with others requiring the employee to communicate information.
  • Operate computers and other office equipment requiring the ability to move fingers and hands.
  • See and read computer monitors and documents.
  • Remain sitting or standing for long periods of time to perform work on a computer, telephone, or other equipment.

Location:

SelectHealth - Murray

Work City:

Murray

Work State:

Utah

Scheduled Weekly Hours:

40

The hourly range for this position is listed below. Actual hourly rate dependent upon experience. 

$44.99 - $69.44

We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.


Learn more about our comprehensive benefits package here.


By applying for a position with Intermountain, I acknowledge that I will comply with all applicable Intermountain policies and expectations. If applying for a remote or hybrid role, this includes remote work expectations related to confidentiality, information security, work schedules, conflicts of interest, and use of company equipment. I further acknowledge that outside employment or activities may not interfere with job responsibilities or create a conflict of interest with Intermountain. Actual or reasonably perceived conflicts may be grounds for disqualification from consideration or, if hired, corrective action up to and including termination of employment.


Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.


At Intermountain Health, we use the artificial intelligence ("AI") platform, HiredScore to improve your job application experience. HiredScore helps match your skills and experiences to the best jobs for you. While HiredScore assists in reviewing applications, all final decisions are made by Intermountain personnel to ensure fairness. We protect your privacy and follow strict data protection rules. Your information is safe and used only for recruitment. Thank you for considering a career with us and experiencing our AI-enhanced recruitment process.


All positions subject to close without notice.


Skills Required

  • People management
  • Strategic planning
  • Marketing
  • Product management
  • Project management
  • Market positioning
  • Benefits management
  • Market research
  • Product development
  • Strategic alliances
  • Demonstrated experience in health care, health insurance, managed care, employee health benefits management or self-insured plan administration
  • Demonstrated experience related to assigned products (product development, product management, project management, service line management, network development, strategic planning, marketing, business development)
  • Understanding of actuarial pricing models, underwriting practices, risk management/mitigation strategies, adverse selection, provider payment arrangements, and multi-channel insurance distribution
  • Experience driving organic growth through product initiatives and strong insurance product analytics knowledge
  • Knowledge/familiarity with derivatives, level funding, and/or Affordable Care Act (ACA)

Intermountain Healthcare Compensation & Benefits Highlights

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

  • Healthcare Strength Healthcare Strength: Feedback suggests medical, dental, and vision coverage are comprehensive with multiple plan options, in‑network advantages, and supplemental protections like life, disability, and adoption coverage. Premium assistance and access to Intermountain’s network add perceived value.
  • Wellbeing & Lifestyle Benefits Wellbeing & Lifestyle Benefits: Feedback suggests wellness resources such as Be Well/LiVe Well and the Employee Assistance Program provide meaningful support for physical and mental health. Reward dollars, peer support, and spouse/partner participation are highlighted as useful features.
  • Leave & Time Off Breadth Leave & Time Off Breadth: Feedback suggests paid time off is broadly available and viewed as generous in some programs. Examples note substantial vacation and sick time for certain roles, supporting schedule flexibility.

Intermountain Healthcare Insights

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The Company
HQ: Salt Lake City, UT
19,912 Employees
Year Founded: 1975

What We Do

Intermountain Healthcare is a not-for-profit system of hospitals, surgery centers, doctors, and clinics that serves the medical needs of Utah, Idaho, Nevada, Colorado, Montana, and Kansas. Key medical services include cancer, heart, women and newborns, orthopedics, sports medicine, and more.

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