What are the responsibilities and job description for the Product Manager position at Blue Cross Blue Shield of Nebraska?
Blue Cross and Blue Shield of Nebraska (BCBSNE) is more than just an insurance company; we exist to be there for people in the best and hardest moments of their lives.
Our team is the power behind that promise. And, as the industry rapidly evolves and we seek ways to optimize business processes and customer experiences, there's no greater time for forward-thinking professionals like you to join us in delivering on it!
As a member of Team Blue, you'll find purpose, opportunities and the support you need to build a meaningful career and make a powerful impact in our community.
BCBSNE is happy to offer four work designations for our Omaha area employees: 100% in-office, Hybrid options, and 100% remote. If choosing to work remote, this role can be located in one of the following states: Colorado, Florida, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and Texas.
This position will be responsible for driving strategic initiatives and projects to successful completion. The individual will manage the product line throughout its life cycle to ensure continuity and will guide a team in developing and implementing key product initiatives. The position will be responsible for being a champion of the product line and for its profitable growth. This extends from increasing the profitability of existing products to developing new products for the company. The individual will build products from existing ideas and help to develop new ideas based on your industry experience and your contact with customers and prospects. You must possess a unique blend of business and market expertise to develop short- and long-term goals that align with the organization's vision.
What you'll do:
- Manage the entire product line life cycle from strategic planning to tactical implementation and product distribution. Evaluates program success against financial, operational, and clinical goals and proposes initiatives and changes to meet goals.
- Provide in-depth market, industry and competitive analysis and positioning information. Assist in identification and selection of benefit programs and available vendors.
- Lead and motivate cross-functional project teams in the development and implementation of new product and market initiatives.
- Establish relationships with key partners/vendors and conduct due diligence reviews and analysis as needed. External relationship management regarding working sessions, escalations, learnings and action planning for indicated services.
- Direct strategic planning of assigned product line, including short and long-term blueprints for market share, revenue growth and net profit.
- Assist in the development of pricing strategies and marketing campaigns for assigned product line.
- Ability to be flexible and responsive to market changes and the ability to develop and implement contingency plans.
- Monitor and report on Key Regulatory or Legislative activity regarding assigned product line. Reviews and ensures vendor compliance with SLAs. Develop and/or participate in the development of regulatory submissions and audits for third-party vendors as required.
To be considered for this position, you must have:
- Bachelors Degree in Business, Health Administration, Economics or related field and three (3) years of Product Management experience in a healthcare, insurance or financial services industry or related field.
The strongest candidates for this position will also possess:
- Minimum of 5 years' experience in insurance, healthcare, or financial service industry.
- Group health product and program development experience.
Learn more about what makes BCBSNE such an exceptional place to work by visiting NebraskaBlue.com/Careers.
We strongly believe that diversity of experience, perspective and background will lead to a better workplace for our employees and a better product for our customers and members.
Blue Cross and Blue Shield of Nebraska is an Equal Opportunity /Affirmative Action Employer - Minorities/Females/Disabled/Veterans