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Senior Product Strategist/ Portfolio Designer Job
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| Employer Name: |
SpiderID: 13998747 |
| Location: Rancho Cordova, California |
Date Posted: 5/20/2025 |
| Wage: Negotiable |
Category: Insurance |
| Job Code: 17002I8-2191 |
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Job Description:
 Looking for a chance to do meaningful work that touches millions? Come join the hardest working, nonprofit health plan in California and help us shape the future of health care. Blue Shield of California's Mission is to ensure all Californians have access to high-quality care at an affordable price. Blue Shield is focused on improving health care delivery by working closely with providers and making it more accessible, affordable and customer-centric. Being a mission-driven organization means we do much more than serve our 4 million members: we were the first health plan in the nation to limit our annual net income to 2 percent of revenue and return the difference to our customers and the community, and since 2005 we have contributed more than $325 million to the Blue Shield of California Foundation to improve community health and end domestic violence. We also believe that a healthier California begins with our employees, so we provide them with resources to develop and maintain a healthy lifestyle through our award-winning wellness program, Wellvolution.
We're hiring smart thinkers and doers who want to work for a leader and innovator in the challenging, ever-changing healthcare space. Come and help us make health care better for everyone.
Description:
Responsibilities:
The Senior Product Strategist and Portfolio Designer manages the relationship with the General Manager for the line of business they support, and sets best in class standards for product strategy based on trends, insights, and analytics.
They are ultimately accountable for:
• Evolving LOB portfolios to deliver membership/OI targets.
• Designing competitive LOB level portfolio:
o Design new products or evolved products in the LOB portfolio.
o Feasibility analysis on proposed changes (i.e. based on customer/client ask, mandates)
o Recommendations/plans to improve product line performance for LOB - partnering with product line managers.
o Portfolio evaluation for withdrawal recommendations
o Member retention mapping for plan withdrawal
• Developing competitive landscape view (inclusive of plan benefits, pricing, and market position)
• Researching and analyzing competitor data, market trends, consumer insights
• Architecting product strategy/plan designs with focus on innovation, growth, or cost of health care reduction.
• Functioning as a central resource as products/plan designs move through the implementation life cycle.
• Delivering value-propositions, requirements and innovation pipeline submissions to LOB leaders for approval.
• Incorporating Blue Shield of CA roadmap critical initiatives into product designs.
• Engagement & Planning with matrix partners: Pharmacy, Wellness, Vendor Management, Specialty, Language Development Teams, Networks, Legal, and Product Operations teams.
• Escalating and resolving reported issues on behalf of GM.
Qualifications:
Education/Requirements:
• Qualification/Education Desired: B.A. required, MBA or other advanced degree strongly preferred.
• Significant work experience that includes high level business consulting and/or strategy roles, preferably in the healthcare industry.
• 12+ years in business roles of increasing responsibility; 5+ years of experience in health care sector and/or financial services required, including a minimum of 3+ years within healthcare.
• The ideal candidate would have a background that has exposed them to the healthcare payer/provider business across a range of areas (i.e. Sales/Marketing, Specialty, Product, Operations, Network Strategy/Contracting); strong understanding of line-of-business P&L drivers required.
• Ability to influence decision makers at multiple levels, grounded in the ability to quickly establish and effectively maintain credibility and authority.
• Ability to develop and apply insights from integration and synthesis of data, trends and knowledge of the business, consumers & market.
• Highly articulate, exceptional in both oral and written communications, with the interpretive/analytical skills to convert charts, graphs and research findings into a story appropriate for Directors, VPs and other executive audiences.
• Business consulting work experience a strong plus.
• Excellent "360" relationship skills.
• A collaborative style and mindset.
Job Criteria:
Start Date:
Position Type: Full-Time Permanent
Years of Experience Required:
Education Required:
Overnight Travel:
Vacation Time:
Contact Information:
| Contact Name: Blue Shield of California |
Company Type: |
| Company: Blue Shield of California |
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