Full-Time

Director – Carrier Revenue Operations

Confirmed live in the last 24 hours

Progyny

Progyny

501-1,000 employees

Fertility benefits management for employers

Financial Services
Healthcare

Compensation Overview

$135k - $145kAnnually

+ Bonus + Equity

Senior

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 10+ years of experience in health care claims processing/accounting/finance operations
  • Bachelor’s degree required
  • Extensive experience in health insurance or carrier management roles, with a significant portion in a leadership capacity
  • In-depth knowledge of the health insurance industry, including regulatory requirements, carrier operations, and market trends
  • Experience managing a large team
  • Ability to tap into a wealth of knowledge and experience to solve problems and act as an internal consultant
  • Ability to effectively synthesize problems and implement solutions in a fast-paced environment
  • Strong experience in excel and comfortable working with large data sets to analyze and reconcile data
  • Excellent communication ability, able to partner with internal stakeholders, including senior leadership
  • Ability to present findings to executive leadership in a clear and concise manner
Responsibilities
  • You will be responsible for overseeing Carrier Revenue Operations team and aspects of revenue claims management including the management and development of the team
  • Negotiate agreements with carriers, securing favorable terms and conditions
  • Monitor and evaluate carrier performance through metrics and reports, addressing any issues or opportunities for improvement
  • Collaborate with Implementation to ensure seamless integration and delivery of health insurance products and services
  • Analyze market trends and industry developments to identify potential carrier partnerships and enhance service offerings
  • Ensure compliance with regulatory requirements and company policies related to health insurance and carrier operations
  • Manage the implementation of new insurance products and services, coordinating with carriers to ensure smooth execution
  • Lead, mentor, and develop a team of carrier management professionals, fostering a culture of collaboration and excellence
  • Prepare and present reports on carrier performance, team performance, and other key metrics to senior management
  • Address and resolve any escalated issues or disputes with carriers in a timely and effective manner
  • Identify trends in claims denials, reimbursements and payment discrepancies and implement solutions to facilitate successful claims processing
  • Analyze large sets of data to identify trends, patterns, and insights. Utilize statistical methods and software tools to support data-driven decision-making
  • Lead executive reporting on claims processing, denials, cash flow, and various special projects
  • Anticipate & identify risks, drive the development and monitor the implementation of comprehensive mitigation strategies; coordinate financial operations responses to regulatory/client external audit requests

Progyny provides fertility benefits management services to employers, helping them offer comprehensive support for employees seeking fertility treatments and family-building options. Their services include intrauterine insemination (IUI), in vitro fertilization (IVF), fertility preservation, adoption assistance, and surrogacy support. Progyny partners with employers to integrate these benefits into their existing employee packages, aiming to improve clinical outcomes and reduce costs associated with fertility treatments. Unlike many competitors, Progyny focuses on delivering superior clinical results that exceed national averages and ensures a seamless integration into benefits systems. The company's goal is to meet the growing demand for fertility and family-building benefits, supporting employees' reproductive health and well-being.

Company Stage

IPO

Total Funding

$95.6M

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

13%

1 year growth

23%

2 year growth

67%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recognition as a TIME100 Most Influential Company and CNBC Disruptor 50 highlights Progyny's strong market position and growth potential.
  • The acquisition of Apryl allows Progyny to offer expanded global services, potentially increasing its client base and revenue.
  • Progyny's consistent superior clinical outcomes can lead to higher client satisfaction and retention.

What critics are saying

  • The highly specialized nature of Progyny's services may limit its market to employers willing to invest in fertility benefits.
  • Integration challenges with newly acquired companies like Apryl could disrupt operations and delay service enhancements.

What makes Progyny unique

  • Progyny specializes in comprehensive fertility and family-building benefits, setting it apart from general healthcare benefit providers.
  • The company's focus on superior clinical outcomes and seamless integration into existing benefits ecosystems provides a unique value proposition.
  • Progyny's recent acquisition of Apryl expands its global reach, enhancing its ability to serve multinational employers.

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