Senior Director Product Strategy & Development

Full Time
Madison, WI 53717
Posted
Job description

The Senior Director, Product Strategy and Development is a leader in driving product strategy, innovation, cross functional collaboration, and subsequent implementation to position Medica’s commercial business segment for success with brokers and employers. The incumbent is responsible for developing Medica’s commercial value proposition while leveraging internal and external capabilities to establish a value story which differentiates Medica from its competitors. The incumbent manages the day-to-day fundamentals of commercial product management including preferred portfolio, benefit capability reviews, benefit coverage policy, and product/benefit filing support. The Sr. Director works with commercial communications to drive go- to-market strategies for existing and new products/services.

Key Accountabilities:

  • Product Development, Innovation and Implementation
  • Product Strategy
  • Vendor and External Relationships Management
  • Leadership

Qualifications:

  • Bachelor’s degree in business, marketing, strategy or a related field or equivalent combination of education and experience required
  • 10+ years of relevant health care industry experience required
  • 5+ years of former leadership experience required
  • Experience in developing and introducing new products, brand and product strategies, marketing strategies and customer value propositions in a highly competitive and complex environment
  • Excellent knowledge of the marketing, sales, and distribution processes used in group health insurance and related services
  • Commercial 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 capabilities

Skills and Abilities:

  • Ability to analyze data to make data-driven decision to improve efficiency and optimization
  • Strong presentation skills
  • Ability to lead both remote and hybrid teams in a fast-paced, ever changing environment
  • Strong ability to form and foster productive relationships
  • Ability to foster a culture of collaboration, teamwork, and high performance
  • Excellent verbal and written communication skills

License:

Applicable Life and Health License or the ability to obtain within 90-days of employment

This position is a Hub role, which requires an employee to occasionally come onsite to the designated office for applicable heads-up work. Frequency is determined by business need as decided by leadership.

Medica's commitment to diversity, equity and inclusion (DEI) includes unifying our workforce through learning and development, recruitment and retention. We consistently communicate the importance of DEI, celebrate achievements, and seek out community partnerships and diverse suppliers that are representative of everyone in our community. We are developing sustainable programs and investing time, talent and resources to ensure that we are living our values. We are an Equal Opportunity/Affirmative Action employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

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