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Health Care Service Corporation

Sr. Director, Stop Loss

Reposted Yesterday
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In-Office
Chicago, IL, USA
133K-248K Annually
Senior level
In-Office
Chicago, IL, USA
133K-248K Annually
Senior level
Provides strategic leadership for the Stop Loss product, including vision, roadmap, prioritization, product development, profitability, revenue growth, customer acquisition, and retention. Serves as product owner, partners with IT, Operations, Sales, Account Management, and Marketing, evaluates strategic opportunities, oversees budgets and resources, and develops business cases and ROI analyses. Leads cross-functional initiatives, mentors staff, and presents product strategies to senior leadership.
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At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

This position is responsible for providing overall strategic leadership over the performance, management and development of enhancements to Stop Loss; assuming role of Product Strategist for Stop Loss, ensuring Stop Loss meets company profitability and operational requirements, supporting Sales and Account Management in achieving stop loss targets, managing performance of Stop Loss with input from other stakeholders, coordinating all Stop Loss activities across corporate areas to ensure performance meets targets and development and implementation initiatives meet assigned deadlines. This person is also responsible for developing, in collaboration with others, the vision and future roadmap for all stop loss related product activities including defining business requirements, leading product development, implementing and sustaining the strategic product roadmap, competitive positioning and product design for both existing and next-generation product offerings.

Job Responsibilities:

  • Develop, in collaboration with others, the long-term stop loss product vision and strategic direction
  • Develops and manages the stop loss product roadmap and prioritization process
  • Develops and implements strategies that significantly increase product revenue
  • Responsible for deploying strategies to improve customer acquisition, engagement, and retention
  • Serves as Product Owner for Stop Loss Product
  • Partners and engages with IT and Operations for end-to-end success
  • Leverages data to influence and shape product design decisions
  • Operates with a high level of autonomy to drive results
  • Partners with Marketing Teams on Go to Market plan for Stop Loss Product
  • Assess strategic partnerships and opportunities that advance the priorities of the stop loss product
  • Responsible for achieving strong ROI in applicable markets.

Required Job Qualifications:

  • Bachelor’s Degree in business or Health Administration AND 10 years’ experience in health care, health insurance, or strategic consulting environment OR 14 years’ experience in health care, health insurance, or strategic consulting environment
  • 5 years management experience.
  • 5 years of stop loss related experience
  • Enterprise-wide project coordination, project management, facilitation, presentation, and leadership experience.
  • Knowledge of field sales operations and business strategies in the insurance industry.
  • Experience leading and mentoring staff.
  • Clear and concise verbal and written communication skills.
  • Experience interacting successfully with senior management and staff across multiple departments.
  • Organizational skills, including ability to prioritize tasks.
  • Creativity and innovation, risk analysis, analytical rigor, and implementation expertise.
  • 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.

Preferred Job Qualifications:

  • Proven track record of managing complex products through product development lifecycle
  • Excellent interpersonal and leadership skills with demonstrated ability to build effective working relationships with individuals and groups at all levels.
  • Demonstrated ability to communicate effectively both orally and in writing, including formal presentations and the facilitation of group planning sessions.
  • Ability to work within cross-functional teams.
  • Ability to write executive level documents and make executive level presentations.
  • Demonstrated excellent attention to detail including proven ability to manage multiple projects and priorities in parallel.
  • Demonstrated ability to dive deep in understanding the product, business, and market trends (including the competitive landscape).
  • Demonstrated ability to move abstract concepts and early product ideas through product development phases to deliver effective and successful product solutions with strong ROI

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INJLF

Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees.  Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards.

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.


HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.

Base Pay Range$133,400.00 - $247,700.00

Exact compensation may vary based on skills, experience, and location.

HQ

Health Care Service Corporation Chicago, Illinois, USA Office

300 E Randolph St, Chicago, IL, United States, 60601

Health Care Service Corporation Downers Grove, Illinois, USA Office

Downers Grove, United States, 0

Health Care Service Corporation Naperville, Illinois, USA Office

Naperville, United States, 0

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