Health Care Service Corporation

Sr. Director, Stop Loss

Health Care Service Corporation$133K — $247K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business or Health Administration with 10 years' health care experience or 14 years' experience without a degree.
  • 5 years of management and stop loss experience.
  • Proficient in project management, coordination, and leadership roles.
  • Deep understanding of insurance industry sales operations and business strategies.
  • Strong verbal and written communication skills for effective cross-department interaction.
  • Demonstrated ability to oversee budgets, resource allocation, and conduct ROI analyses.

Responsibilities

  • Develop long-term vision and strategy for Stop Loss product.
  • Manage and prioritize the Stop Loss product roadmap.
  • Implement strategies to enhance product revenue significantly.
  • Drive customer acquisition, engagement, and retention strategies.
  • Act as Product Owner and collaborate with IT and Operations for success.
  • Use data insights to inform product design and decision-making.
  • Lead cross-functional marketing efforts for the Stop Loss product.

Benefits

  • Health and wellness benefits
  • 401(k) savings plan
  • Pension plan
  • Paid time off and parental leave
  • Disability and life insurance options
  • Employee assistance program
  • Tuition reimbursement
  • Paid holidays and additional incentives.
Full Job Description
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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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.

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

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

About Health Care Service Corporation

Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the United States. HCSC offers a wide variety of health insurance products and related services, through its operating divisions and subsidiaries in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC's headquarters is located in Chicago, Illinois.
Learn more about Health Care Service Corporation
Size
24,000 employees
Industry
Founded
1936

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