Business Development Specialist Sr.
About The Position
Business Development Specialist Sr Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The Business Development Specialist Sr is responsible for developing new business areas which complement existing offerings. How you will make an impact: Develops business plans and formulate strategies for both new and existing businesses. Monitors and analyzes product lines to help determine optimal strategy. Provides research, analysis and recommendations on the external environment as part of the development of strategic plans for the business unit. Analyzes major competitor strategies. Identifies and monitors changing patterns of competition and recommends response. Acquires and maintains data/information on market, industry, economic, consumer and competitive conditions and trends pertaining to health insurance/managed care and related services. May lead or coordinate the activities of lower level staff performing related functions. Managing and being accountable for developing and executing JAA business readiness in response to Anthem projects (SSCRs, PORs), including leading TPA communications, federal and association mandates, and market readiness initiatives for sales and account management. Supporting internal teams (Sales, Operations, Implementation) with research and resolution of escalated issues. Identifying and tracking changes, issues, and patterns, and recommending solutions and/or appropriate responses. Serving as the primary liaison between Payors, Operations, and Sales to service providers.
Requirements
- Requires a BA/BS degree and a minimum of 2 years of business development experience; or any combination of education and experience, which would provide an equivalent background.
Nice To Haves
- Experience with JAA preferred.
- Experience working with TPA's preferred.
- Client/customer facing experience preferred.
Responsibilities
- Develops business plans and formulate strategies for both new and existing businesses.
- Monitors and analyzes product lines to help determine optimal strategy.
- Provides research, analysis and recommendations on the external environment as part of the development of strategic plans for the business unit.
- Analyzes major competitor strategies.
- Identifies and monitors changing patterns of competition and recommends response.
- Acquires and maintains data/information on market, industry, economic, consumer and competitive conditions and trends pertaining to health insurance/managed care and related services.
- May lead or coordinate the activities of lower level staff performing related functions.
- Managing and being accountable for developing and executing JAA business readiness in response to Anthem projects (SSCRs, PORs), including leading TPA communications, federal and association mandates, and market readiness initiatives for sales and account management.
- Supporting internal teams (Sales, Operations, Implementation) with research and resolution of escalated issues.
- Identifying and tracking changes, issues, and patterns, and recommending solutions and/or appropriate responses.
- Serving as the primary liaison between Payors, Operations, and Sales to service providers.
Benefits
- Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).
- merit increases
- paid holidays
- Paid Time Off
- incentive bonus programs (unless covered by a collective bargaining agreement)
- medical, dental, vision, short and long term disability benefits
- 401(k) +match
- stock purchase plan
- life insurance
- wellness programs
- financial education resources
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Insurance Carriers and Related Activities
Number of Employees
5,001-10,000 employees
