Commercial Products Development Manager

Intermountain Health • SelectHealth - Murray, GA

1d • $45 - $69 • Hybrid

About The Position

The Commercial Products Development Manager develops and/or manages a portfolio of products for an assigned business segment across multiple states/market geographies. Ensures assigned products are positioned to meet SelectHealth membership growth goals and NOI targets. Ensures products meet highest levels of market need, administrative efficiency, customer satisfaction, regulatory compliance, and financial performance. Monitors key performance indicators for assigned product lines. Implements initiatives, which result in positive program outcomes. Leads cross-functional teams to produce deliverables. Interfaces with a project manager, product team, operational leads, sales team, and other stakeholders. Responsible for the day to day operations related to the assigned product as the internal product expert in support of the operational needs of the product. Evaluates new product opportunities, geographic/service area expansion, new market entry and potential strategic partnerships to meet growth objectives of SelectHealth. Introduces new products to market. Monitors national carrier and local competitor products, positioning, strategies, networks, as well as local and national industry trends. Identifies emerging market trends. Utilizes customer research and market/competitive intelligence to ensure optimal product positioning. Provides insurance market and product education to internal teams. Manages relationships with vendors, partners, and affiliate contracts as applicable.

Requirements

• Demonstrated experience in health care, health insurance, managed care, employee health benefits management or self-insured plan administration experience with a record of progressive and varied responsibilities.
• Demonstrated experience related to the assigned products (e.g., product development, product management, project management, service line management, network development, strategic planning, marketing, and/or business development.)
• Demonstrated understanding of actuarial pricing models, underwriting practices, risk management/mitigation/avoidance strategies, adverse selection, the full continuum of provider payment arrangements, multi-channel insurance product distribution, and the impacts of these on product marketability and performance.
• Experience driving organic growth through product and product initiatives, with an ability to recognize growth opportunities in the revenue streams.
• Deep understanding of insurance product analytics, its levers and the consumer behaviors needed to develop a strong performing product.

Nice To Haves

• Knowledge of familiarity with derivatives, level funding, and/or Affordable Care Act (ACA).

Responsibilities

• Develops and/or manages a portfolio of products for an assigned business segment across multiple states/market geographies.
• Ensures assigned products are positioned to meet SelectHealth membership growth goals and NOI targets.
• Ensures products meet highest levels of market need, administrative efficiency, customer satisfaction, regulatory compliance, and financial performance.
• Monitors key performance indicators for assigned product lines.
• Implements initiatives, which result in positive program outcomes.
• Leads cross-functional teams to produce deliverables.
• Interfaces with a project manager, product team, operational leads, sales team, and other stakeholders.
• Responsible for the day to day operations related to the assigned product as the internal product expert in support of the operational needs of the product.
• Evaluates new product opportunities, geographic/service area expansion, new market entry and potential strategic partnerships to meet growth objectives of SelectHealth.
• Introduces new products to market.
• Monitors national carrier and local competitor products, positioning, strategies, networks, as well as local and national industry trends.
• Identifies emerging market trends.
• Utilizes customer research and market/competitive intelligence to ensure optimal product positioning.
• Provides insurance market and product education to internal teams.
• Manages relationships with vendors, partners, and affiliate contracts as applicable.

Benefits

• Annual Pay for Performance (AP4P) Plan
• Comprehensive benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed