Strategic Business Lead

Point32Health • Canton, MA

4d • $129,958 - $194,938

About The Position

The Strategic Business Lead is responsible for developing and executing strategic consultative initiatives in support of Point32Health Commercial product strategy and innovation. This individual will lead the identification, evaluation, development, and implementation of new product opportunities providing leadership, consultation, facilitation, insight, and analytic support to develop and deliver high priority initiatives that are critical to Commercial growth goals. This position will also focus on prioritizing strategic projects in service of the Commercial Division, with functions including framing of process/plan, defining success metrics, establishing governance structures for the project, synthesizing competitive / landscape research, articulating hypotheses to test, and managing the effort / coordination of the team. This individual is accountable for assessing internal and external resources/opportunities, as well as gathering and synthesizing data to make sound business recommendations to senior leaders in support of our Commercial strategy. In collaboration with senior executives, this individual works with cross-functional teams to advance complex large-scale projects from strategy to implementation. The Strategic Business Lead will demonstrate strong leadership, business acumen, problem solving and collaboration to develop and coordinate strategy, prioritize deliverables, and implement key initiatives with a variety of teams, including internal and external partners. This role requires deep experience evaluating market opportunities, devising market entry strategies, and leading complex work streams across multiple functions within the organization.

Requirements

• Knowledge of the health plan industry and its customers
• Knowledge of Commercial employer benefits programs
• Expertise in strategy, planning, and business development
• Proven track record of working effectively with people and processes at multiple levels, both internal and external to the organization.
• Exceptional leadership, communication, presentation, facilitation, negotiation, and conflict resolution skills.
• Demonstrated skills in partnering effectively with enterprise resources as well as vendor/consultant management.
• Superior analytic and research skills with experience in analyzing data to forecast outcomes and drive decision making.
• Strong business acumen
• Demonstrated execution of complex projects to profitable outcomes
• Advanced MS Office knowledge (MS PowerPoint, MS Excel, MS Word)
• 5 to 7 years of experience in progressive consultative and advisory positions.
• BA/BS degree in business or related field required.

Nice To Haves

• MBA strongly preferred.

Responsibilities

• Leverage experience leading new opportunity funnel from ideation to evaluation to strategy development to implementation for key Commercial initiatives.
• Partner with Commercial business to identify innovative new product and service solution strategy.
• Engage with business leaders and with key areas of the business to forge relationships and understand the challenges and strategic goals.
• Build a pipeline of ideas, manage the pipeline, and prioritize the pipeline through criteria that ensures alignment to the strategic goals and desired focus areas.
• Identify opportunities for innovation by understanding problems, needs, and ideas from the business, the customers (employers, providers, brokers), and the members (consumers).
• Consult with business leadership, evaluate market, conduct discovery interviews with key internal and external constituents to define market entry strategy.
• Conduct in-depth analysis, synthesize findings, and make recommendations related to key product features, value proposition, and roll-out.
• Explore vendors and technologies in the market that could provide a solution or component of a solution, and make build, buy, partner recommendations.
• Lead partner evaluation and selection.
• Coordinate third party support.
• Support contract negotiation and execution.
• Lead business needs assessment, capability assessment, and business case development
• Design, develop, and assess financial implications of strategic solutions through quantitative and financial modeling (e.g., cost/benefit, ROI, etc.).
• Jointly, with the business leadership, pitch prioritized ideas to senior executives to secure approval and funding.
• Manage large cross functional project teams including internal and external constituents.
• Lead all facets of implementation planning and execution including conducting QA testing to ensure product is go-to-market ready upon launch.
• Oversee reporting and communication of project milestones, including leading Steering Committee meetings, core team meetings and key stakeholder discussions.
• Work in a collaborative way with key stakeholders and leadership to ensure key timelines are met with minimal disruption to the organization.
• Identify appropriate solutions and alternatives to potential obstacles.
• Propose and create buy-in to tracking mechanisms to measure effectiveness of strategic initiatives.

Benefits

• Medical, dental and vision coverage
• Retirement plans
• Paid time off
• Employer-paid life and disability insurance with additional buy-up coverage options
• Tuition program
• Well-being benefits
• Full suite of benefits to support career development, individual & family health, and financial health

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees