Product Development Manager – Commercial Health Insurance

Blue Cross and Blue Shield of Nebraska
Hybrid

About The Position

At Blue Cross and Blue Shield of Nebraska, we are a mission-driven organization dedicated to championing the health and well-being of our members and the communities we serve. Our team is the power behind that promise. And, as the industry rapidly evolves and we seek ways to optimize business processes and customer experiences, there’s no greater time for forward-thinking professionals like you to join us in delivering on it! As a member of Team Blue, you’ll find purpose, opportunities and the support you need to build a meaningful career and make a powerful impact in our community. Candidates applying to this position may be hybrid or remote and can live in one of the following states: Florida, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and Texas. The Product Development Manager will manage and develop product-line solutions at Blue Cross Blue Shield of Nebraska. This position will lead daily product management functions, serve as a cross-functional stakeholder, support internal processes, and develop key partnerships with the respective Market Segment Leader(s). This role takes a consumer-centric approach to identify key needs of our business; provides product insights based on quantitative and qualitative information, remains aware of industry trends and the competitive landscape, provides opportunity assessments and other product line reports to leadership, and communicates effectively across all levels of the organization with ease.

Requirements

  • Bachelor’s degree in business administration, healthcare, or related field.
  • Minimum 5 years of relevant experience in product management and/or financial services.
  • Based on area of assignment: Ancillary focused role will need experience with dental, vision, and/or pharmacy product management. Healthcare focused role will need experience with healthcare product management.
  • Demonstrated experience utilizing qualitative and quantitative data to inform and support recommendations.
  • Cross-functional leadership experience in a matrix organization.
  • Strong presentation skills to effectively communicate internally and externally with key stakeholders.
  • An equivalent combination of education and experience may be substituted for this requirement.
  • The ability to meet or exceed the attendance and timeliness requirements of their departments.
  • The ability to work well in a team environment and be capable of building and maintaining positive relationships with other staff, departments, and customers.
  • The ability to perform each essential duty satisfactorily.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Nice To Haves

  • Knowledge of the insurance industry.
  • Previous Salesforce or other CRM experience.

Responsibilities

  • Manage the entire product line life cycle from strategic planning to tactical implementation, and product distribution.
  • Evaluates program success against financial, operational, and clinical goals and proposes initiatives/changes to meet goals.
  • Identify, develop, and implement short-term and long-term product strategy through the integration of sales, services, claims, underwriting, and pricing functions.
  • Lead and motivate cross-functional project teams in the development and implementation of new product and market initiatives.
  • Coordinate and lead in-depth market, industry, competitive analysis, and positioning information.
  • Lead and inspire cross-functional teams in the development and implementation of new initiatives.
  • Monitor and report on key regulatory or legislative activity regarding assigned product line.
  • Ability to be flexible and responsive – being mindful of alternative options to solving challenges.
  • Facilitate strategic planning of assigned product line, including short and long-term blueprints for market share, revenue growth and net profit.
  • Establish relationships with internal/external stakeholders and conduct due diligence reviews and analysis as needed.

Benefits

  • Opportunities to grow personally and professionally
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