Executive Director - Product Management

Health Care Service Corporation
life insurance, parental leave, paid time off, paid holidays, tuition reimbursement, 401(k)
United States, Illinois, Chicago
Sep 03, 2025
At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers. Join HCSC and be part of a purpose-driven company that will invest in your professional development. Job Summary This position is responsible for the overall success and management of a specified product or products. Is the primary business owner and is accountable for the viability and visibility of the assigned product(s). Develop the product management strategies for the assigned product(s) from strategy, execution, and operationalization. Responsible for ongoing product maintenance and evergreening process per product strategy and Line of Business objectives. Partners with senior leaders and subject matters experts throughout the enterprise to ensure an effective overarching product approach is derived tying into consideration multi-discipline design (Healthcare management, Network, Pharmacy, Embedded Ancillary medical and Benefits), pricing and sales strategy, and cross enterprise commitment execution needs. Oversees and ensures that benefit administration, plan design development & configuration, product compliance, product maintenance functions are properly executed in accordance with product strategy. Please note, this is a HYBRID role which requires in-office hours 3 days a week at the respective office location. JOB REQUIREMENTS: * Bachelor degree in Business or Health Administration and 15 years' experience in health care, health insurance, or strategic consulting environment OR 19 years' experience in health care, health insurance, or strategic consulting * 5 years of benefit or product administration experience * Some background in BCBS Association, external federal and state product regulations, and healthcare benefit management or design * 7 years management experience. * Experience with enterprise-wide project coordination, project management, facilitation, presentation, and leadership experience. * Knowledge of field sales operations and business strategies in the insurance industry. * Experience with budget management including managing outside consultants. * Experience leading and mentoring staff. * Clear and concise verbal and written communication skills. * Experience with interacting successfully with senior management and staff across multiple departments. * Organizational skills, including ability to prioritize tasks. * Creativity and innovation, analysis and implementation skills and experience. * Business acumen and project/process integration skills. #-LI-Hybrid #LI-AZ1 Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process! Pay Transparency Statement: At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards. The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plansubject to the terms and the conditions of the plan. HCSC Employment Statement: We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. Base Pay Range$158,300.00 - $293,800.00 Exact compensation may vary based on skills, experience, and location.