VP, Commercial Products
1 week ago
The Vice President of Core, Network and Financial Products reports to the Vice President of National Product Design and Management and is responsible for managing the annual planning, execution, and development product lifecycle for our Core, Choice, and Financial Products. This position is responsible for a unique and broad portfolio of Kaiser Permanente (KP) products and capabilities necessary to ensure that KP meets the needs of its customers across the diverse geographic regions and market segments.
In particular, the role will support the following important products for Kaiser Permanente, while also partnering to create new unique solutions for the market:
Core Products
Traditional HMO
Deductible HMO
KP Plus
Plan Designs
Virtual Plans
Everyday Care Plans
OOA Dependent Offerings
Choice Products
Point of Service (POS)
Preferred Provider Organization (PPO)
Consumer Directed Health Care (CDHC)
Financial Solutions
Self-Funding
Level-Funding
Risk Sharing Arrangements
This leader must form and manage exceptional collaborative relationships with Kaiser Permanente senior leadership, national functions, and regional business leaders across both Health Plan and Care Delivery functions. This leader will use solid influencing, change management, and transformational skills to align diverse stakeholder points of view. The success of this role requires the cooperation of constituencies whose interests are not always aligned, including internal and external stakeholders with direct, matrixed or no accountability to the role.
Essential Responsibilities:- Market Engagement
- Stays current with industry trends and emerging solutions
- Aids our selling efforts in articulating and delivering KP-s value proposition relative to our product portfolio
- Understands our competitors- products and positioning
- Strategic Planning
- Provides strategic direction and leadership to develop the product strategy and performance agenda for the product portfolio.
- Aligns products and/or capabilities with the needs of all markets and commercial lines of business.
- Provides direction to create clear line of sight into product development priorities, and driving the mapping of a multiyear plan outlining product designs and capabilities necessary to meet and exceed market demand
- Leads all aspects of the product development lifecycle:
- Ideation | Business case | Implementation | Launch | Management | Sunset
- Strategic Execution
- Directs and leads key initiatives and strategic projects to deliver new capabilities to market, including developing the business case with support from various stakeholders
- Ensures strategy execution across the product portfolio and in alignment with organizational business goals and objectives
- Makes decisions about how to best utilize dollars that are allocated, development approach, and go to market strategy.
- Delivers new products and capabilities in a compliant and a brand consistent manner
- Escalates risks/issues requiring executive leadership guidance, awareness, and/or engagement
- Performance Management
- Optimizes the product-s market/growth and financial performance.
- Advocates for strategic roadmap needs for all products through the enterprise portfolio process.
- Documents and communicates product performance in executive summaries or dashboards
- Develops and maintains policies, procedures and guardrails related to product management and capability development responsibilities
- Leads Product Performance Objective Setting and Monitoring: Building on and expanding Kaiser-s ability to performance manage our Kaiser products ensuring that we have standard measures and targets in place for product performance and an ongoing monitoring process.
- Organizational Engagement
- Requires the ability to influence, drive conversation, and decision-making with executives and senior health plan leaders.
- Partners with market leaders and functional leaders to influence and achieve alignment on product and capability needs and priorities, implementing change, monitoring performance and sun-setting products as appropriate.
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