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Medica

Director, Self-Insured Product

Medica, Minnetonka, Minnesota, United States, 55345


Medica's Director, Self-Insured Product is a leader in driving product strategy, innovation, cross-functional collaboration, and subsequent implementation to position Medica's self-insured product line for success with brokers and employers. This leader is responsible for developing Medica's self-insured product portfolio, leveraging internal and external capabilities to establish a value story which differentiates Medica from its competitors.Key Accountabilities:Develops short- and long-term product roadmaps of key initiatives which contemplate pricing, marketing, promotion, and placement strategies to grow market shareDevelops and executes implementation plans to drive new product introductions. Works effectively across the organization to secure resources and support as necessaryIntroduces forward-looking products and solutions that differentiate Medica from the marketplace and provide value to our employer groups and the brokers who serve themEngages external business/vendor partners to evaluate and implement a best-in-class value-added services offeringEstablishes influential relationships with the external market via customers, industry experts, vendor partners, and consultants to help identify opportunities for innovationParticipates on the Commercial leadership team to develop and execute segment strategyOur Director will also manage daily fundamentals of self-insured product management and stop-loss insurance and collaborates to drive go-to-market strategies for existing and new products/services.Qualifications:Bachelor's degree or equivalent combination of education and work experience8+ years of relevant health care industry experience3+ years management/leadership experienceExperience in developing and introducing new products, product strategies, and customer value propositions in a highly competitive and complex environmentExcellent knowledge of the marketing, sales, and distribution processes used in group health insurance and related servicesCommercial purchasing insight, knowledge, and understanding of industry trends, contract negotiation experience, strategic thinking and planning, project leadership and execution, and knowledge of vendor and general third-party capabilitiesSkills and Abilities:Ability to demonstrate knowledge and performance in the following areas: product development, health care funding arrangements, group health products and features, health care operations, market research, financial analysis, strategic planning, contract negotiation, product development process frameworks, and sales and marketing concepts and processesUnderstanding of current and evolving needs of existing and potential small, medium and large customersExcellent creative instincts and a deep understanding of the health plan industryAbility to lead, build, and manage a motivated teamStrong communication skillsAbility to build consensus across multiple constituencies, including senior leadership

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