Sr. Director, Stop Loss

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

Job summary

Health Care Service Corporation is seeking a Product Strategist for Stop Loss to provide strategic leadership over performance, management and development of enhancements to Stop Loss, ensuring profitability and operational targets are met.

You will collaborate with Sales, Account Management, Marketing and IT to define business requirements, lead product roadmaps, and drive ROI through data-driven decisions and end-to-end execution.

Qualifications

• Bachelor’s degree in business or Health Administration with 5+ years of management in health care or 14 years in health care/insurance consulting environment.
• 5 years of stop loss related experience and enterprise-wide project coordination, 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.

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.

Skills

Communication

Leadership

Organizational skills

Creativity

Analytical thinking

Strategic thinking

Stakeholder management

Executive communication

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.

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

#LI-TR1 INJLF

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.

Base Pay Range $133,400.00 - $247,700.00 Exact compensation may vary based on skills, experience, and location.

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. 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. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace.

Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment.

HCSC is committed to diversity in the workplace and to providing equal opportunity to employees and applicants.

If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned.

All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to 'candidate home' to view your job submissions.