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Job SummaryThis position is responsible for providing overall strategic leadership over the performance, management and development of enhancements to Stop Loss; assuming role of Product Strategist for Stop Loss, ensuring Stop Loss meets company profitability and operational requirements, supporting Sales and Account Management in achieving stop loss targets, managing performance of Stop Loss with input from other stakeholders, coordinating all Stop Loss activities across corporate areas to ensure performance meets targets and development and implementation initiatives meet assigned deadlines. This person is also responsible for developing, in collaboration with others, the vision and future roadmap for all stop loss related product activities including defining business requirements, leading product development, implementing and sustaining the strategic product roadmap, competitive positioning and product design for both existing and next-generation product offerings.Job Responsibilities:
- Develop, in collaboration with others, the long-term stop loss product vision and strategic direction
- Develops and manages the stop loss product roadmap and prioritization process
- Develops and implements strategies that significantly increase product revenue
- Responsible for deploying strategies to improve customer acquisition, engagement, and retention
- Serves as Product Owner for Stop Loss Product
- Partners and engages with IT and Operations for end-to-end success
- Leverages data to influence and shape product design decisions
- Operates with a high level of autonomy to drive results
- Partners with Marketing Teams on Go to Market plan for Stop Loss Product
- Assess strategic partnerships and opportunities that advance the priorities of the stop loss product
- Responsible for achieving strong ROI in applicable markets.
Required Job Qualifications:
- Bachelor’s Degree in business or Health Administration AND 10 years’ experience in health care, health insurance, or strategic consulting environment OR 14 years’ experience in health care, health insurance, or strategic consulting environment
- 5 years management experience.
- 5 years of stop loss related experience
- Enterprise-wide project coordination, project management, facilitation, presentation, and leadership experience.
- Knowledge of field sales operations and business strategies in the insurance industry.
- Experience leading and mentoring staff.
- Clear and concise verbal and written communication skills.
- Experience interacting successfully with senior management and staff across multiple departments.
- Organizational skills, including ability to prioritize tasks.
- Creativity and innovation, risk analysis, analytical rigor, and implementation expertise.
- Business acumen and project/process integration skills.
- Overseeing the annual budget and allocating resources for various projects and operational needs.
- Translating needs and initiatives into compelling business cases.
- Conducting cost-benefit analyses to justify investments and ensure ROI.
Preferred Job Qualifications:
- Proven track record of managing complex products through product development lifecycle
- Excellent interpersonal and leadership skills with demonstrated ability to build effective working relationships with individuals and groups at all levels.
- Demonstrated ability to communicate effectively both orally and in writing, including formal presentations and the facilitation of group planning sessions.
- Ability to work within cross-functional teams.
- Ability to write executive level documents and make executive level presentations.
- Demonstrated excellent attention to detail including proven ability to manage multiple projects and priorities in parallel.
- Demonstrated ability to dive deep in understanding the product, business, and market trends (including the competitive landscape).
- Demonstrated ability to move abstract concepts and early product ideas through product development phases to deliver effective and successful product solutions with strong ROI
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Pay Transparency Statement:
At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.
The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.
HCSC Employment Statement:We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.
Base Pay Range$133,400.00 - $247,700.00Exact compensation may vary based on skills, experience, and location.
Skills Required
- Bachelor's degree in business or health administration and 10 years of experience in healthcare, health insurance, or strategic consulting, or 14 years of relevant experience
- Five years of management experience
- Five years of stop loss-related experience
- Enterprise-wide project coordination, project management, facilitation, presentation, and leadership experience
- Knowledge of field sales operations and business strategies in the insurance industry
- Experience leading and mentoring staff
- Clear and concise verbal and written communication skills
- Experience interacting successfully with senior management and staff across multiple departments
- Strong organizational skills and ability to prioritize tasks
- Creativity, innovation, risk analysis, analytical rigor, and implementation expertise
- Business acumen and project or process integration skills
- Experience overseeing annual budgets and allocating resources for projects and operational needs
- Ability to translate needs and initiatives into compelling business cases
- Ability to conduct cost-benefit analyses to justify investments and ensure return on investment
- Proven track record managing complex products through the product development lifecycle
- Excellent interpersonal and leadership skills with ability to build effective relationships at all levels
- Ability to communicate effectively in writing and orally, including formal presentations and group planning facilitation
- Ability to work within cross-functional teams
- Ability to write executive-level documents and deliver executive-level presentations
- Excellent attention to detail and ability to manage multiple projects and priorities in parallel
- Ability to understand products, business operations, market trends, and competitive landscapes in depth
- Ability to advance abstract concepts and early product ideas through development phases into successful product solutions with strong ROI
Health Care Service Corporation Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Health Care Service Corporation and has not been reviewed or approved by Health Care Service Corporation.
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Retirement Support — A pension plan alongside a matching 401(k) is offered, an uncommon combination in the private sector. This combination is described as a standout element that helps retain employees.
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Healthcare Strength — Healthcare options are broad, with multiple medical, dental, and vision choices, wellness incentives, and access to resources like on-site fitness centers and an EAP. These offerings add meaningful value beyond base pay.
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Parental & Family Support — Paid parental leave (up to six weeks at full pay after one year), adoption assistance, and mothers’ rooms are available. These supports reinforce family needs alongside work commitments.
Health Care Service Corporation Insights
What We Do
Imagine Something New, Something Different. Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), is the largest customer-owned health insurer in the nation and the fourth largest overall. Operating through our Blue Cross and Blue Shield Plans in Illinois, Montana, New Mexico, Oklahoma and Texas (as well as a variety of affiliates and subsidiaries,) we are expanding access to high-quality, cost-effective health care. We are equipping members with information and tools so they can make the best health care decisions for themselves and their families. HCSC is continuously recognized as an employer committed to community, diversity and inclusion, training and development. HCSC is committed to pioneering the health care space in ways as effective as they are creative. If you are passionate about the impact you want to have through your work, with a desire to apply innovative thinking to new and emerging challenges, we encourage you to learn more about HCSC. Learn about what we stand for, how we work and the difference we’re making in the lives of our 15 million members. Join HCSC and discover what new ways of thinking can mean for you, your community, our customers and our organization. Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association.
