Sr. Director, Stop Loss

Health Care Service Corporation; Chicago (IL); On-site; USD 133,000 - 248,000; Full time

Job summary

Health Care Service Corporation is seeking a Senior Stop Loss Product Leader in Chicago to drive the long-term vision and roadmap for our stop loss offerings. You will lead a cross-functional team, align with IT, Operations, and Marketing, and ensure products meet profitability and strategic goals.

With extensive health insurance experience, you will manage revenue-driving strategies, prioritize initiatives, and mentor staff while delivering measurable ROI in key markets.

Qualifications

• Bachelor’s degree or 14 years in health care, health insurance, or strategic consulting.
• At least 5 years of management experience.
• 5 years of stop loss related experience.
• Strong communication and leadership across senior management across departments.
• Experience translating needs into compelling business cases with ROI focus.

Responsibilities

• Develop long-term stop loss product vision and strategic direction.
• Manage the stop loss product roadmap and prioritization process.
• Implement strategies that significantly increase product revenue.
• Deploy strategies to improve customer acquisition, engagement, and retention.
• Serve as Product Owner for Stop Loss Product.
• Partner with IT and Operations for end-to-end success.
• Leverage data to influence product design decisions.
• Collaborate with Marketing on go-to-market plans.
• Assess partnerships and opportunities that drive ROI.

Skills

Strategic leadership

Stop Loss knowledge

Cross-functional leadership

Executive communication

Project coordination

Budget management

Data-driven decisions

Stakeholder management

Education

Bachelor’s Degree in business or Health Administration

Job description

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.

This 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

INJLF

Compensation: $133,400.00 - $247,700.00

Exact compensation may vary based on skills, experience, and location

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.

To learn more about available benefits, please click https://careers.hcsc.com/totalrewards