Sr. Director, Stop Loss

hcsc; Chicago (IL); On-site; USD 150,000 - 190,000; Full time

Benefits offered by this job

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

Job summary

hcsc seeks a Product Strategist for Stop Loss to lead the vision and roadmap for stop loss offerings. You will coordinate across IT, Operations, Marketing, and Sales to maximize profitability and ensure timely delivery of enhancements.

You will drive customer acquisition, engagement, and ROI through data-driven product design and cross-functional leadership in a fast-paced health-insurance landscape.

Qualifications

• Bachelor's degree in business or health administration and 10+ years in health care/health insurance/strategy or 14 years in related fields.
• 5 years of management experience and stop loss experience.
• Experience translating needs into compelling business cases with ROI focus.

Responsibilities

• Develop long-term stop loss product vision and strategic direction.
• Manage stop loss roadmap and prioritization; drive revenue growth.
• Own Stop Loss product and collaborate with IT, Operations, Marketing.
• Leverage data to inform product design and ensure timely delivery.
• Lead GTM plans and evaluate strategic partnerships for ROI.

Skills

Strategic leadership

Product strategy

Team management

Stakeholder management

Communication

Education

Bachelor's Degree in business or Health Administration

Tools

Roadmapping tools

Project coordination

Job description

Job Summary

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

Pay Transparency Statement:

• 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