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ThisWay

Director, Self-Funded & Stop Loss Products

ThisWay, Minnetonka, Minnesota, United States, 55345


A prominent partner is seeking a

Director of Self-Funded & Stop Loss Products in Minnetonka, MN . This leadership role focuses on driving product strategy, innovation, and cross-functional collaboration to ensure the success of self-insured employer group health plan products. The Director will be responsible for developing a compelling product portfolio that differentiates the organization in a competitive marketplace.Responsibilities

Develop short- and long-term product roadmaps that consider pricing, marketing, promotion, and placement strategies to increase market share.Create and execute implementation plans for new product introductions, securing necessary resources and organizational support.Introduce innovative products and solutions that provide value to employer groups and the brokers representing them.Engage with external business and vendor partners to evaluate and implement a top-tier value-added services offering.Establish influential relationships with customers, industry experts, vendor partners, and consultants to identify innovation opportunities.Participate in the Commercial leadership team to develop and execute the segment strategy.Oversee the entire product life cycle, including market research, product design, development, implementation, and performance analysis.Manage daily operations of self-insured product management and stop-loss insurance, driving go-to-market strategies for existing and new products/services.Minimum Requirements

Bachelor’s degree or equivalent combination of education and work experience.8+ years of relevant health care industry experience.3+ years of management/leadership experience.Experience in developing and launching new health plan products, strategies, and customer value propositions in a complex environment.Strong knowledge of marketing, sales, and distribution processes in group health insurance.Insight into commercial/employer group purchasing, industry trends, and contract negotiation.Demonstrated expertise in health plan product development, funding arrangements, and health care operations.Strong understanding of customer needs across small, medium, and large segments.Exceptional creative instincts and a deep understanding of the health plan industry.Proven ability to lead, build, and manage a motivated team.Excellent communication skills and the ability to build consensus among diverse stakeholders.Compensation and Benefits

Full salary range: $124,600 - $213,600, depending on factors like education and experience.Potential eligibility for incentive plan compensation in addition to base salary.Competitive medical, dental, and vision coverage.Paid time off and holidays.Paid volunteer time off.401K contributions.Caregiver services and additional benefits.

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