Commercial Product Specialist III, Self-Insured

Medica
401(k)
United States, Wisconsin, Madison
1277 Deming Way (Show on map)
Oct 02, 2024
Description Medica's Commercial Product Specialist III, Self-Insured, is responsible for collaborating with the Commercial Product team and internal departments on the development and deployment of new and existing Self-funded/Self-Insured (SI) and Administrative Services Only (ASO) products. This role will complete product analysis, implementation activities, research product/program challenges, and identify trends for improvements that are incorporated into a 3-5 year roadmap. Key Accountabilities: Review and support change and customization requests related to product design Partner with Underwriting, Actuary, Legal, and Regulatory teams in the product management lifecycle Develop training materials for brokers and sales teams for product portfolios Update and maintain product grids for Self-funded/Self-Insured products Engage and communicate effectively with functional and matrix partners as needed (Regulatory, Legal, Sales, Product, Marketing) Perform activities that support product performance and growth goals The Product Specialist reports into the ASO Director, and works with internal stakeholders within Product, Actuary, Underwriting, Finance, Legal, Regulatory, Sales and Marketing. Qualifications: Bachelor's degree or equivalent experience in a related field 5+ years of related experience beyond the degree Additional Experience, Skills, and Abilities: Knowledge of Self-funded/Self-Insured market, claims, and benefits Understanding of the overall customer experience and the product performance lifecycle Ability to support other product segments (e.g., Fully Insured large and small groups) as needed Ability to perform tactical execution, identify areas of process improvement, and streamline processes Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook) Detail-oriented Strong interpersonal skills, with strong written and verbal communication skills Ability to manage competing priorities and meet tight deadlines Independent, self-driven professional This position is a Hub role, which requires an employee to occasionally come onsite to the Minnetonka, Madison, or Omaha office for applicable heads-up work. Frequency is determined by business need as decided by leadership. The full salary range for this position is $54,100 - $92,800. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to base compensation, this position may be eligible for incentive plan compensation in addition to base salary. Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees. The compensation and benefits information is provided as of the date of this posting. Medica's compensation and benefits are subject to change at any time, with or without notice, subject to applicable law. Medica's commitment to diversity, equity and inclusion (DEI) includes unifying our workforce through learning and development, recruitment and retention. We consistently communicate the importance of DEI, celebrate achievements, and seek out community partnerships and diverse suppliers that are representative of everyone in our community. We are developing sustainable programs and investing time, talent and resources to ensure that we are living our values. We are an Equal Opportunity/Affirmative Action employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)