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Strategic Business Lead
Point32Health
Canton (MS)
On-site
USD 80,000 - 150,000
Full time
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Job summary
An established industry player is seeking a Strategic Business Lead to drive innovative initiatives in health and wellbeing. This role focuses on developing new specialty products and enhancing the Commercial Division's growth. The ideal candidate will leverage their extensive experience in business development and strategic planning to assess market opportunities and lead cross-functional teams. Join a dynamic organization committed to delivering personalized healthcare experiences and enjoy a comprehensive rewards package while making a meaningful impact in the community.
Benefits
Qualifications
- 8-10 years of experience in consultative and advisory roles.
- Strong knowledge of health plan industry and employer benefits.
Responsibilities
- Lead strategic initiatives for new business diversification.
- Conduct market analysis and develop entry strategies.
- Manage cross-functional project teams to implement solutions.
Skills
Education
Tools
Job description
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Who We Are
Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.
Who We Are
Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.
We enjoy the important work we do every day in service to our members, partners, colleagues and communities.
Job Summary
The Strategic Business Lead is responsible for developing and executing strategic consultative initiatives in support of Point32Health new business diversification efforts as well as efforts to profitably grow its Commercial Division. To foster new business development this individual will lead the identification, evaluation, development, and implementation of new Specialty Products opportunities providing leadership, consultation, facilitation, insight, and analytic support to develop and deliver high priority initiatives that are critical to Specialty Products growth goals. This position will also focus on prioritizing strategic projects in service of the Commercial Division, with functions including framing of process/plan, defining success metrics, establishing governance structures for the project, synthesizing competitive / landscape research, articulating hypotheses to test, and managing the effort / coordination of the team.
This individual is accountable for assessing internal and external resources/opportunities, as well as gathering and synthesizing data to make sound business recommendations to senior leaders in support of our corporate strategy. In collaboration with senior executives, this individual works with cross-functional teams to advance complex large-scale projects from strategy to implementation.
The Strategic Business Lead will demonstrate strong leadership, business acumen, problem solving and collaboration to develop and coordinate strategy, prioritize deliverables, and implement key initiatives with a variety of teams, including internal and external partners. This role requires deep experience evaluating market opportunities, devising market entry strategies, and leading complex work streams across multiple functions within the organization.
In addition, the role will support Commercial Division leadership by driving key strategic initiatives to capitalize on new product and service opportunities.
Job Description
- Leverage experience leading new opportunity funnel from ideation to evaluation to strategy development to implementation for key Specialty Products initiatives.
- Partner with Commercial business to identify innovative new product and service solution strategy.
- Engage with business leaders and with key areas of the business to forge relationships and understand the challenges and strategic goals.
- Build a pipeline of ideas, manage the pipeline, and prioritize the pipeline through criteria that ensures alignment to the strategic goals and desired focus areas.
- Identify opportunities for innovation by understanding problems, needs, and ideas from the business, the customers (employers, providers, brokers), and the members (consumers).
- Consult with business leadership, evaluate market, conduct discovery interviews with key internal and external constituents to define market entry strategy.
- Conduct in-depth analysis, synthesize findings, and make recommendations related to key product features, value proposition, and roll-out.
- Explore vendors and technologies in the market that could provide a solution or component of a solution, and make build, buy, partner recommendations.
- Lead partner evaluation and selection. Coordinate third party support. Support contract negotiation and execution.
- Lead business needs assessment, capability assessment, and business case development
- Design, develop, and assess financial implications of strategic solutions through quantitative and financial modeling (e.g., cost/benefit, ROI, etc.).
- Jointly, with the business leadership, pitch prioritized ideas to senior executives to secure approval and funding.
- Manage large cross functional project teams including internal and external constituents.
- Lead all facets of implementation planning and execution including conducting QA testing to ensure product is go-to-market ready upon launch.
- Oversee reporting and communication of project milestones, including leading Steering Committee meetings, core team meetings and key stakeholder discussions.
- Work in a collaborative way with key stakeholders and leadership to ensure key timelines are met with minimal disruption to the organization.
- Identify appropriate solutions and alternatives to potential obstacles.
- Propose and create buy-in to tracking mechanisms to measure effectiveness of strategic initiatives.
- BA/BS degree.
- MBA strongly preferred.
- 8 to 10 years of experience in progressive consultative and advisory positions.
- Knowledge of the health plan industry and its customers
- Knowledge of Commercial employer benefits programs
- Expertise in strategy, planning, and business development
- Proven track record of working effectively with people and processes at multiple levels, both internal and external to the organization.
- Exceptional leadership, communication, presentation, facilitation, negotiation, and conflict resolution skills.
- Demonstrated skills in partnering effectively with enterprise resources as well as vendor/consultant management.
- Superior analytic and research skills with experience in analyzing data to forecast outcomes and drive decision making.
- Strong business acumen
- Demonstrated execution of complex projects to profitable outcomes
- Advanced MS Office knowledge (MS PowerPoint, MS Excel, MS Word)
- Must be able to work under normal office conditions and work from home as required.
- Work may require simultaneous use of a telephone/headset and PC/keyboard and sitting for extended durations.
- May be required to work additional hours beyond standard work schedule.
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Management retains the discretion to add to or change the duties of the position at any time.
Compensation & Total Rewards Overview
As part of our comprehensive total rewards program, colleagues are also eligible for variable pay. Eligibility for any bonus, commission, benefits, or any other form of compensation and benefits remains in the Company's sole discretion and may be modified at the Company’s sole discretion, consistent with the law.
Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes:
- Medical, dental and vision coverage
- Retirement plans
- Paid time off
- Employer-paid life and disability insurance with additional buy-up coverage options
- Tuition program
- Well-being benefits
- Full suite of benefits to support career development, individual & family health, and financial health
Commitment to Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity
Point32Health is committed to making diversity, equity, inclusion, accessibility and health equity part of everything we do—from product design to the workforce driving that innovation. Our Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity team's strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Scam Alert: Point32Health has recently become aware of job posting scams where unauthorized individuals posing as Point32Health recruiters have placed job advertisements and reached out to potential candidates. These advertisements or individuals may ask the applicant to make a payment. Point32Health would never ask an applicant to make a payment related to a job application or job offer, or to pay for workplace equipment. If you have any concerns about the legitimacy of a job posting or recruiting contact, you may contact TA_operations@point32health.org
- Seniority levelNot Applicable
- Employment typeFull-time
- Job functionGeneral Business and Other
- IndustriesInsurance and Hospitals and Health Care
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