AVP, FEP Product Strategy & Engagement
Chicago, IL (Hybrid)
$202K/yr – $309K/yrSenior Level15+ years expFull time
Posted 2 days ago
Job Summary
Own and drive the Federal Employee Program member products portfolio, aligning pricing, development, marketing, and engagement to grow enrollment and profitability.
- Own national portfolio strategy and product launches
- Mentor a high-performing team aligned with BCBSA values
Job Description
Responsibilities
- This role provides strategic leadership for all Federal Employee Program member-facing products (Medical, Dental, Vision, Postal, and Overseas) and future portfolio expansion to meet enrollment and profitability targets.
- Collaborates with the Actuarial team on product pricing strategies and competitive scenarios to ensure portfolio stability.
- Develops and implements a comprehensive product development and strategic marketing plan with BCBS Plans, strategic partners, and internal resources, utilizing consumer segmentation, focus groups, competitive assessments, and feedback from Plans.
- Oversees the development of new benefits and products to enhance customer satisfaction, retention, and financial sustainability of membership.
- Manages a comprehensive member engagement program, including internal online tools, external websites, and member incentive programs.
- Collaborates with the Plan management team to deliver dynamic field marketing materials for use in direct member engagement.
- Works with the VP of Clinical Operations to deliver member tools that improve quality measurements and rates and negotiates yearly benefit and product changes.
- Lead the creation of a national portfolio strategy, securing 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 identifying local market opportunities.
- Direct long-term strategies to sustain and evolve FEP products, integrating new offerings to grow the business while managing disruption and migration.
Requirements
- Required BS Marketing, Statistics or related field; or equivalent experience
- Preferred MS MBA preferred
- Required 15+ Years of progressive related experience in product, sales and marketing of health care products.
- Leadership skills: Ability to delegate and motivate others, team-build, and achieve results.
- Advanced organizational skills: Ability to develop and manage budgets to accomplish objectives.
- Relationship management skills: Ability to develop and maintain high level relationships and gain the trust of customers and internal staff (e.g. Plans/FEP)
- Strategic relationship orientation: a cross-boundary perspective with the ability to meet and integrate the needs of multiple customers
- Facilitation skills: Ability to facilitate group meetings and projects and review the work of others, as well as exercise flexibility related to changing and dynamic business issues and priorities
- Strategic and critical thinking skills for establishing and implementing strategic initiatives, solving problems and addressing customer and operational issues; ability to create and communicate innovative conceptual models and synthesize diverse types of information
- Advanced quantitative and qualitative analytic and data skills are required, including critical thinking skills, attention to details, and inductive/deductive reasoning/judgment for developing and executing the appropriate methodologies to answer analytic questions.
Benefits
- We offer a comprehensive package of benefits including paid time off, 11 holidays, medical/dental/vision insurance, generous 401(k) matching, lifestyle spending account and many other benefits to eligible employees.
Blue Cross Blue Shield, Inc. provides health insurance services. The company offers a variety of insurance products for all segments of the population including large employer groups, small businesses and individuals. The company is based in Chantilly, Virginia. Blue Cross Blue Shield, Inc. operates as a subsidiary of Anthem Health Plans of Virginia Inc.
Salaries
Posted range
$202K/yr – $309K/yr
Taken straight from the job posting.
Marketing Team
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