Demo

Product Development Specialist (Commercial)

Universal Health Services, Inc.
Reno, NV Full Time
POSTED ON 2/5/2025
AVAILABLE BEFORE 5/5/2025

Responsibilities

Prominence Health is a value-based care organization bridging the gap between affiliated health systems and independent providers, building trust and collaboration between the two. Prominence Health creates value for populations and providers to strengthen integrated partnership, advance market opportunities, and improve outcomes for our patients and members. Founded in 1993, Prominence Health started as a health maintenance organization (HMO) and was acquired by a subsidiary of Universal Health Services, Inc. (UHS) in 2014. Prominence Health serves members, physicians, and health systems across Medicare, Medicare Advantage, Accountable Care Organizations, and commercial payer partnerships. Prominence Health is committed to transforming healthcare delivery by improving health outcomes while controlling costs and enhancing the patient experience.

Learn more at : https : / / prominence-health.com /

Job Summary :

The Product Development Specialist - Commercial plays a crucial role in the development and implementation of new and existing fully-insured and self-funded commercial health insurance products. This position collaborates with internal and external stakeholders to ensure compliance with all relevant regulations. The Specialist will be responsible for various aspects of the product lifecycle, including market analysis, product filings, document development, and project management. This position offers flexibility and can be performed remotely from anywhere in the United States or from one of our office locations in Nevada or Texas.

Benefit Highlights :

  • Loan Forgiveness Program
  • Challenging and rewarding work environment
  • Competitive Compensation & Generous Paid Time Off
  • Excellent Medical, Dental, Vision and Prescription Drug Plans
  • 401(K) with company match and discounted stock plan
  • SoFi Student Loan Refinancing Program
  • Career development opportunities within UHS and its 300 Subsidiaries!
  • More information is available on our Benefits Guest Website : benefits.uhsguest.com

About Universal Health Services :

One of the nation's largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. During the year, UHS was again recognized as one of the World's Most Admired Companies by Fortune; and listed in Forbes ranking of America's Largest Public Companies. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom. www.uhs.com

Qualifications

Qualifications and Requirements :

  • Strong understanding of the health insurance industry, with a focus on fully-insured and self-funded commercial health insurance products.
  • Education :

  • Bachelor's degree in Healthcare Administration, Business Administration, Economics, Finance, or a related field is preferred. Candidates with significant relevant work experience may be considered in lieu of a formal degree.
  • Experience :

  • Five (5) years of experience in the health insurance industry (e.g., underwriting, product management, actuarial support, claims processing), with a focus on commercial health insurance. Equivalent experience in other related fields (e.g., financial services, consulting) may be considered.
  • Minimum two (2) years of experience in managing the lifecycle of health insurance products, including product development, pricing, and compliance.
  • Language Skills :

  • Excellent written and verbal communication skills in English.
  • Knowledge, Skills and Abilities :

  • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
  • Experience with System for Electronic Rates & Form Filings (SERFF) and Health Plan Management System (HPMS).
  • Strong analytical and problem-solving skills; Ability to analyze data, identify trends, and draw meaningful conclusions.
  • Ability to effectively communicate with internal and external stakeholders.
  • Strong organizational and time-management skills. Ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
  • Proficiency in gathering and interpreting empirical evidence, formulating recommendations, action plans and interventions to improve the overall organizational strategy.
  • Demonstrated ability to work remotely with minimal supervision.
  • Demonstrated ability to maintain effective collaborative working relationships with staff.
  • EEO Statement

    All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws.

    We believe that diversity and inclusion among our teammates is critical to our success.

    Avoid and Report Recruitment Scams

    At UHS and all our subsidiaries, our Human Resources departments and recruiters are here to help prospective candidates by matching skill set and experience with the best possible career path at UHS

    and our subsidiaries. During the recruitment process, no recruiter or employee will request financial or personal information (e.g., Social Security Number, credit card or bank information, etc.) from you via email. Our recruiters will not email you from a public webmail client like Hotmail, Gmail, Yahoo Mail, etc.

    If you suspect a fraudulent job posting or job-related email mentioning UHS or its subsidiaries, we encourage you to report such concerns to appropriate law enforcement. We encourage you to refer to legitimate UHS and UHS subsidiary career websites to verify job opportunities and not rely on unsolicited calls from recruiters.

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