Strategic Product Manager - Stop Loss

Posted 18 Days Ago
Be an Early Applicant
Chicago, IL
81K-146K Annually
7+ Years Experience
Healthtech • Insurance
The Role
Managing complex products and leading product strategy in the Stop Loss health insurance space. Responsible for product lifecycle, market analysis, marketing strategy, and product performance evaluation. Supports sales and account management in product positioning for client sales.
Summary Generated by Built In

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

This position is responsible for managing complex existing products and or a product suite and leads the development of product strategy for both current and next generation product solutions in the Stop Loss health insurance space. Responsible for leading and managing the product lifecycle from ideation through market launch by analyzing and interpreting market trends, developing marketing strategy and assessing product performance. Serves as the subject matter expert responsible for product management activities including: marketing collateral development, training efforts, client reporting, monitoring product performance and refreshing product pricing. Supports sales and account management to position products for critical client sales.

Required Job Qualifications:

  • Bachelor Degree and 4 years of experience in consulting, strategic planning, marketing, market research, product management, or product development OR 8 years of experience in strategic planning, product management, product development OR Master’s Degree and 2 years of experience in consulting, strategic planning, marketing, market research, product management, or product development.
  • Experience effectively interacting with staff/management across multiple departments and levels, including executive leadership.
  • Experience leading and mentoring other staff, as appropriate.
  • Experience building key relationships and understanding organization interdependencies
  • General business and financial analysis skills
  • Knowledge of sales and marketing techniques, marketplace and competition
  • Analytic and information synthesis skills.
  • Communication and persuasion skills.
  • Project management skills, including strong organization, prioritization and problem solving skills.
  • Strong oral, verbal and interpersonal communication skills; experience accepting direction and feedback.
  • Flexibility and responsiveness in managing multiple projects concurrently.
  • Presentation and group facilitation skills.
  • Initiative and persistence, with experience meeting deadlines.
  • Experience leading within a team environment.
  • Word, Excel, PowerPoint.


Preferred Job Qualifications:

  • Health insurance or healthcare industry experience
  • Previous responsibility for the administration of a product or product line, including development of products from inception to launch, and product introduction and monitoring for success or need for reengineering.
  • Experience working directly with clients and benefit consultants or brokers.

This is a Flex (Hybrid) role: 3 days in office; 2 days remote.

Sponsorship is not available.

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Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!


HCSC Employment Statement:

We are an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, 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$80,700.00 - $145,700.00

The Company
HQ: Chicago, IL
13,563 Employees
On-site Workplace

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.

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