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Blue Cross Blue Shield

Licenses health insurer brands to members

Vice President – FEP Product Strategy & Engagement

Product ManagementConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A Bachelor of Science degree in Marketing, Statistics, or a related field, or equivalent experience.
  • At least 15 years of progressive related experience in product, sales, and marketing of health care products.
  • Ability to delegate and motivate others, build teams, and achieve results.
  • Ability to develop and manage budgets to accomplish objectives.
  • Ability to develop and maintain high-level relationships and gain the trust of customers and internal staff, including Plans and the Federal Employee Program.
  • Ability to integrate the needs of multiple customers from a cross-boundary perspective.
  • Ability to facilitate group meetings and projects, review the work of others, and adapt to changing business issues and priorities.
  • Strategic and critical thinking skills for establishing and implementing strategic initiatives, solving problems, addressing customer and operational issues, creating and communicating innovative conceptual models, and synthesizing diverse information.
  • Advanced quantitative, qualitative, analytic, and data skills, including critical thinking, attention to detail, and inductive and deductive reasoning for developing and executing methodologies to answer analytic questions.
  • Advanced presentation skills for facilitating and presenting at meetings and conferences.
  • Excellent verbal and written communication skills for communicating effectively with staff at all levels, internally and externally.
  • Ability to conceptualize long-term, innovative strategies and tactical, issue-driven solutions; identify data and information needs; acquire and organize data; deliver analyses; and identify major findings.
  • Demonstrated artificial intelligence literacy and understanding of generative artificial intelligence tools, including their business applications and limitations.

Responsibilities

  • Provide strategic leadership for all Federal Employee Program member-facing products, including Medical, Dental, Vision, Postal, and Overseas products, and future portfolio expansion to meet enrollment and profitability targets.
  • Collaborate with the Actuarial team on product pricing strategies and competitive scenarios to ensure portfolio stability.
  • Develop and implement a comprehensive product development and strategic marketing plan with Blue Cross Blue Shield Plans, strategic partners, and internal resources using consumer segmentation, focus groups, competitive assessments, and feedback from Plans.
  • Oversee the development of new benefits and products to enhance customer satisfaction, retention, and the financial sustainability of membership.
  • Manage a comprehensive member engagement program, including internal online tools, external websites, and member incentive programs.
  • Collaborate with the Plan management team to deliver dynamic field marketing materials for direct member engagement.
  • Work with the Vice President of Clinical Operations to deliver member tools that improve HEDIS and CAHPS rates and negotiate yearly benefit and product changes.
  • Lead the creation of a national portfolio strategy and secure Board approval for product strategy, development, marketing, brand positioning, and pricing to achieve membership growth targets.
  • Implement new products at national and local levels, including sales forecasting, incentive programs, and identification of local market opportunities.
  • Direct long-term strategies to sustain and evolve Federal Employee Program products, integrate new offerings to grow the business, and manage disruption and migration.
  • Lead the development of new products, business lines, and technology applications while ensuring operational alignment with business design.
  • Create strategies to attract and retain members, enhance member experiences, and build partnerships across federal populations to increase product awareness.
  • Collaborate with the Vice President of Clinical Operations to improve HEDIS and CAHPS rates.
  • Lead, develop, and mentor a high-performing team of professionals, including providing ongoing performance feedback and coaching, setting objectives and development plans, and delivering training while fostering a collaborative and innovative work environment aligned with Blue Cross Blue Shield Association values.
  • Develop and manage budgets to accomplish objectives.
  • Facilitate group meetings and projects and review the work of others.
  • Facilitate and present at meetings and conferences.

Desired Qualifications

  • A Master of Science degree.
  • A Master of Business Administration degree.

About the Company

Blue Cross Blue Shield

Licenses health insurer brands to members

Blue Cross Blue Shield is a federation of 34 independent member insurers that licenses its brand to these members, who then sell health insurance to individuals, families, and businesses. Each member tailors plans to its local market and markets them under the BCBS brand, with the federation providing branding, licensing, and national services while revenue comes from premiums and investments. The model is decentralized and community-based, giving local companies autonomy for product design and partnerships, supported by shared marketing and advocacy resources. Its goal is to expand access to health insurance and healthcare by combining local flexibility with a strong national brand and support system.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Chicago, IL
Founded
1910

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