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Aetna Director, Strategy & Product Management - 68408BR in New York, New York

Req ID: 68408BR

Job Description

The Director of Product Management and Strategy is a hands on position focused on product development, pricing, and underwriting with a focus on lowering risk, medical cost, and eliminating fraud waste and abuse (FWA). This is a hands on role where the Director will manage the entire product development process, run complex processes, develop FWA processes, responsible for vendor contracts, and run audits and process control measures. The Director will be responsible for developing and launching several key products into the marketplace.

Fundamental Components included but are not limited to:

  • Product Strategy Drives strategic direction, simplification & integration of company product portfolio

  • Framing of annual operating plan and three-year strategy

  • Developing, prioritizing and managing product pipeline(from ideation through delivery and monitoring of results)

  • Leading ongoing market and competitive analysis to aid strategic decision making and development of key messaging/positioning (design together with Strategic Mktg)

  • Building alignment with – and in support of - segment specific business strategies i.e., cross sale initiatives

  • Influencing industry activity/trends and regulation through active participation on external industry groups/boards Product Mgmt

  • Participates in the Introduction/institutionalization of effective cross-functional Product Management discipline across enterprise.

  • Lead Product Ideation and Conceptualization efforts, for new products, programs and/or product enhancements, working in close partnership with other business areas by leveraging in-depth knowledge and understanding of market trends, customer needs/expectations, and internal capabilities

  • Oversee Business Case development, partnering with Product Development and Medical Operations to identify and detail technical requirements, with accountability of Parts I-IV and direct responsibility for sections 1 and 2.

  • Collaborate with AIS , Portfolio Managers and business to ensure appropriate project prioritization, funding, and change controls activity (budget or scope)

  • Actively participate in the ongoing APLC processes to identify synergies and opportunities across projects to leverage resources & maximize outcomes.

  • Coordinate effective sales promotion and launch activities (internally and externally)

  • Monitor product performance by assessing results on an ongoing basis (quantitative and qualitative)

  • Participate in/support enterprise business development activities (M&A, partnerships, etc) Talent Management

  • May manage, coach and mentor staff

  • Serve as Business group lead or SME

  • Participate in and contribute to continuous process improvement, especially as it related to product development and product management

Qualifications Requirements and Preferences:

  • Product development and/or management experience required

  • 5+ years experience in Healthcare and/or Employee Benefits arena.

  • Demonstrated success with process improvement and project management initiatives.

  • Effective communication/influencing skills applied to broad internal/external audience.

  • Demonstrated understanding of technology and how it can be applied to solve business problems/provide technical solutions.

  • Bachelor's degree or equivalent experience.

Benefit Eligibility

Benefit eligibility may vary by position.

Job Function: Product

Aetna is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veterans status.

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