Vice President, Head of Product

VICEP012710_1

Who We Are

NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.

Position Overview

The Vice President of Product and Pivotal Health Lead serves as the leader of the NFP Rx product division. This leadership position will be responsible for revenue generation, vendor relationships, monthly reporting, training and development, and maintaining and developing key processes. This position reports directly to the President and will be a part of the executive leadership team. The ideal candidate will have demonstrated leadership experience in developing products, managing vendor relationships and revenue generation. This position will be recognized in the industry as a subject matter expert representing NFP with key suppliers.

Principal Duties And Responsibilities / Essential Functions

• Identify key product opportunities to drive value to NFP clients in Pharmacy Benefits
• Manage the research, development, tracking, and implementation of Pivotal Health products
• Lead the promotion and presentation of designated products to key clients
• Generate new relationships with key clients including Health Plans, Hospital Systems, Taft Hartley Plans, and Associations
• Collaborate with cross-functional teams to ensure product success and plan sponsor adoption
• Monitor profit and loss across all product lines
• Meet revenue goals and expense budgets for designated product lines
• Collaborate with BI team on the final design and marketing materials for current and future products
• Educate internal teams on product details, benefits, and return on investment for plan sponsors
• Work closely with project management teams to understand product requirements and timelines
• Collaborate with analytics teams to gather and analyze data for prospect savings estimates and client outcomes reporting
• Establish and maintain effective communication channels with various internal and external stakeholder
• Identify areas for product improvement and contribute to the implementation of enhancements
• Function as a liaison between different teams, fostering a collaborative work environment
• Lead internal product assessments to quantify product value and identify opportunities for improvement
  
  
  

Minimum Requirements For Education, Experience, And Certifications/Licenses

• Bachelor’s degree required
• Prefer 10 years’ experience in PBM or related healthcare industry
• 3 years’ of sales experience
  
  
  

Qualifications & Skills

• High degree of professionalism
• Ability to interpret industry policies and contract documents, proposals, and other documentation
• Strong inter-personal and relationship skills
• Excellent oral and written communication skills and command of the English language
• Ability to apply basic mathematical concepts such as percentages, adding, subtracting, multiplying and division to required tasks
• High degree of critical thinking, organizational and decision making skills
• High degree of initiative and passion to succeed
• Ability to function independently with minimal supervision
• Ability to prioritize multiple projects and meet objectives and deadlines established, often with short turnaround times
• Ability to maintain positive and beneficial relationships with numerous internal departments, external customers, vendor agents, and subscribers
• Proficient in MS Teams, Excel, Word, Outlook, and PowerPoint
• Ability to comply with company confidentiality requirements as well as with HIPAA and other applicable government regulations
  
  
  

What We Offer

We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.

The base salary range for this position is $188,000 – $250,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

NFP and You... Better together!

NFP is an inclusive Equal Employment Opportunity employer.