Business Development Specialist III

Medica•Madison, WI

62d•Hybrid

About The Position

Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for. We're a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration - because success is a team sport. It's our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued. This position is primarily responsible for supporting development and implementation of new business development opportunities and high-impact initiatives withing the organization's growth portfolio. This includes contributing thought leadership, developing market studies, building business cases, and leading the implementation of new business development initiatives; partnering with and influencing business owners to ensure the achievement of expected results, without direct authority. Performs other duties as assigned.

Requirements

Bachelor's degree in business, marketing, or healthcare related field, or equivalent experience in related field
5 years of experience beyond degree
Proven track record of success working both independently and working in and leading cross-functional teams, where achieving effective outcomes relies on an ability to collaborate and work cooperatively with others (persuade and influence), rather than on formal reporting hierarchies
Strong communication skills, including experience communicating directly with and consulting or advising senior leadership, including C-level executives
Experience with and broad knowledge of health insurance industry, business functions and process, products, networks, systems / applications and overall infrastructure
Demonstrated project management skills and acumen

Responsibilities

Market Research & Growth Investment Planning
Independently develop comprehensive market studies and market research deliverables with minimal supervision
Serve as a leader, guide, and resource to other staff in completion of market research & competitive intelligence work
Act as subject-matter-expert to provide advisory guidance for leadership to influence investment portfolio decision-making on new business development opportunities
Strategic Initiative Business Case Development & Initiative Planning
Manage and coordinate construction of key business case and business plan inputs cross-functionally with Medica Executives and Directors, as defined by leader
Support building organizational support and securing infrastructure and resources needed to execute emerging business development opportunities
Independently build new business development implementation and launch plans based on blueprints of prior expansion work
Strategic Initiative Execution
Proactively drive critical decision-making directly supporting new business development opportunities
Directly manage and coordinate go-to-market launch plans of new business development opportunities
Provide day-to-day business oversight of operational readiness implementation; act as escalation point for project teams
Proactively identify risks and coordinate development of mitigation action plans and issue resolution work
Provide coordination support of external client and partner relationships in support of new business development ventures