Executive Director, Product Management

Health Care Service Corporation•Chicago, IL

1d•$161,500 - $299,700•Hybrid

About The Position

This position is responsible for the overall success and management of a specified product or products, acting as the primary brand or business owner and accountable for the viability and visibility of the assigned product(s). The role involves developing product management strategies from inception to launch and partnering with senior leaders and subject matter experts across the enterprise to ensure effective strategies, sales plans, business case execution, and implementation strategies for existing products.

Requirements

Bachelor degree in Business or Health Administration and 15 years experience in health care, health insurance, or strategic consulting environment OR 19 years experience in health care, health insurance, or strategic consulting
7 years management experience.
Experience with enterprise-wide project coordination, project management, facilitation, presentation, and leadership experience.
Knowledge of field sales operations and business strategies in the insurance industry.
Experience with budget management including managing outside consultants.
Experience leading and mentoring staff.
Clear and concise verbal and written communication skills.
Experience with interacting successfully with senior management and staff across multiple departments.
Organizational skills, including ability to prioritize tasks.
Creativity and innovation, analysis and implementation skills and experience.
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

Provide leadership direction to drive implementation of product strategy assuming the role of Product Strategist.
Plan Experts and Decision Makers in the evaluation and development of product line innovation and strategy for existing products.
Responsible for providing strategic focus and information to Plan Experts by maintaining constant awareness of industry trends and proactively recommending next generation of products and seeing them through to conclusion.
Interact with diverse audiences to enable the identification, validation, and resolution of business needs across multiple segments and various organizational levels.
Evaluate current and potential market, product, and brand positions for the Enterprise product portfolio and service areas based on product reporting, analytics, and competitive market research.
Lead ongoing monitoring and analysis of product line results and lead Enterprise-wide activities to ensure corporate sales and retention goals are appropriately supported by product development activities.
Manage product line to ensure strategic initiatives are integrated and supported across the enterprise appropriately.
Provide Leadership to capitalize and leverage enterprise knowledge, functionality, and processes.
Lead multifunctional team that supports strategy, product management, product development (of existing products), supporting plans and aid problem solving.
Interface with External Business Relationships to coordinate vendor capability solutions to address product business needs.
Provide support and guidance and problem resolution for Enterprise wide product administration that includes collaboration on local product administration, new product implementation and installation.
Prepare and manage budget and ensure expenses are within budget limits.
Communicate and interact effectively and professionally with co-workers, management, customers, etc.
Comply with HIPAA, Diversity Principles, Corporate Integrity, Compliance Program policies and other applicable corporate and departmental policies.
Maintain complete confidentiality of company business.
Maintain communication with management regarding developments within areas of assigned responsibilities and perform special projects as required or requested.