Commercial Products Development Manager

Job Description:

The Commercial Products Development Manager develops and/or manages a portfolio of products for an assigned business segment across multiple states/market geographies.

Job Essentials Ensures assigned products are positioned to meet Select Health membership growth goals and NOI targets. Ensure products meet highest levels of market need, administrative efficiency, customer satisfaction, regulatory compliance, and financial performance. Monitor key performance indicators for assigned product lines.

Implements initiatives, which result in positive program outcomes. Leads cross-functional teams to produce deliverables. Interfaces with a project manager, product team, operational leads, sales team, and other stakeholders. Responsible for the day to day operations related to the assigned product as the internal product expert in support of the operational needs of the product

Evaluates new product opportunities, geographic/service area expansion, new market entry and potential strategic partnerships to meet growth objectives of Select Health. Introduces new products to market.

Monitors national carrier and local competitor products, positioning, strategies, networks, as well as local and national industry trends. Identify emerging market trends. Utilizes customer research and market/competitive intelligence to ensure optimal product positioning. Provides insurance market and product education to internal teams.

Manages relationships with vendors, partners, and affiliate contracts as applicable.

Skills People management

Strategic planning

Marketing

Product management

Project management

Market positioning

Benefits management

Market research

Product development

Strategic alliances

Minimum Qualifications Demonstrated experience in health care, health insurance, managed care, employee health benefits management or self-insured plan administration experience with a record of progressive and varied responsibilities.

Demonstrated experience related to the assigned products (e.g., product development, product management, project management, service line management, network development, strategic planning, marketing, and/or business development.)Demonstrated understanding of actuarial pricing models, underwriting practices, risk management/mitigation/avoidance strategies, adverse selection, the full continuum of provider payment arrangements, multi-channel insurance product distribution, and the impacts of these on product marketability and performance.

Experience driving organic growth through product and product initiatives, with an ability to recognize growth opportunities in the revenue streams. Deep understanding of insurance product analytics, its levers and the consumer behaviors needed to develop a strong performing product.

Preferred Qualifications Knowledge of familiarity with derivatives, level funding, and/or Affordable Care Act (ACA).Additional Information This role may be hired at a different title/level depending on experience.

This is an exempt, full-time position. Pay offers are determined by prior years of relevant experience With this position, you are eligible to participate in the Annual Pay for Performance (AP4P) Plan. This plan enables Intermountain Health to provide leaders with an additional performance compensation opportunity.

This role is hybrid and may require travel to areas where Select Health conducts business. Candidates who live in, or are willing to relocate to, Utah, Idaho, Nevada, or Colorado and are within a reasonable commuting distance to a Select Health office are preferred.

Currently, we are not hiring remote workers in the following states: CA, CT, HI, IL, MA, MN, NY, PA, RI, VT, and WA.Please note that a video interview through Microsoft Teams will be required as well as potential onsite interviews and meetings

Physical Requirements Interact with others requiring the employee to communicate information.

Operate computers and other office equipment requiring the ability to move fingers and hands.

See and read computer monitors and documents.

Remain sitting or standing for long periods of time to perform work on a computer, telephone, or other equipment.

Location:

Select…