Vice President, Utilization Management Products
Are you a results-driven leader with a passion for improving healthcare outcomes? Do you have a strong background in utilization management and a knack for developing effective product strategies? If so, we have an exciting opportunity for you to join our team as the Vice President of Utilization Management Products at Cigna.In this role, you will be responsible for leading the development and execution of our utilization management product portfolio, driving innovation and ensuring the delivery of high-quality, cost-effective healthcare services to our customers. As a key member of our leadership team, you will play a critical role in shaping the future of our organization and making a positive impact on the lives of millions of individuals.To be successful in this position, you must possess a deep understanding of utilization management principles, have a track record of driving product growth and profitability, and be a strategic thinker with excellent communication and collaboration skills. If this sounds like you, we invite you to apply and become a part of our dynamic and mission-driven company.
- Develop and implement strategic plans for the utilization management product portfolio to drive growth and profitability.
- Monitor market trends and competitive landscape to identify opportunities for product innovation and differentiation.
- Collaborate with cross-functional teams to ensure the timely and successful development and launch of new products.
- Lead the utilization management product team, providing guidance, coaching, and development opportunities to achieve optimal performance.
- Utilize data and analytics to evaluate product performance and make data-driven recommendations for improvements.
- Ensure compliance with regulatory requirements and industry standards for utilization management.
- Foster a culture of continuous improvement and innovation within the utilization management product team.
- Build and maintain relationships with key stakeholders, including internal teams, customers, and external partners.
- Develop and manage product budgets and financial plans to achieve business goals.
- Serve as a subject matter expert on utilization management principles and strategies to support and guide product development and decision-making.
- Partner with sales and marketing teams to develop effective strategies for promoting and selling utilization management products.
- Communicate product updates, changes, and enhancements to internal and external stakeholders.
- Monitor and analyze product performance, market trends, and customer feedback to identify areas for improvement and adjustment.
- Stay informed about changes and advancements in the healthcare industry, and apply relevant knowledge and insights to product development and strategy.
- Represent the company and its utilization management products at industry events, conferences, and meetings.
- Drive a customer-centric approach in all utilization management product initiatives, ensuring the delivery of high-quality, cost-effective healthcare services to our customers.
Extensive Experience In Healthcare Industry: The Ideal Candidate For The Vice President, Utilization Management Products Job At Cigna Should Have At Least 10 Years Of Experience In The Healthcare Industry, With A Strong Understanding Of Utilization Management And Product Development.
Leadership Skills: As A Vice President, The Candidate Must Possess Strong Leadership Skills To Effectively Manage A Team And Drive Results. This Includes The Ability To Set Strategic Direction, Make Tough Decisions, And Motivate Others To Achieve Goals.
Knowledge Of Utilization Management Strategies: The Candidate Should Have A Deep Understanding Of Utilization Management Strategies, Including Prior Authorization, Concurrent Review, And Retrospective Review. This Knowledge Will Be Crucial In Developing New Products And Improving Existing Ones.
Analytical And Problem-Solving Skills: The Role Of Vice President, Utilization Management Products Requires A Candidate Who Is Highly Analytical And Has Strong Problem-Solving Abilities. They Should Be Able To Analyze Data, Identify Trends, And Develop Innovative Solutions To Improve Product Performance.
Excellent Communication And Collaboration Abilities: The Candidate Must Possess Excellent Communication Skills To Effectively Interact With Cross-Functional Teams, Including Medical Directors, Sales, And Marketing. They Should Also Have The Ability To Collaborate With Various Stakeholders To Develop And Implement Utilization Management Products That Meet The Needs Of Customers And The Business.
Product Development
Process Improvement
Strategic Planning
Project Management
Data Analysis
Contract Negotiation
Budget management
Team Leadership
Risk assessment
Market analysis
Stakeholder management
Performance
Communication
Conflict Resolution
Leadership
Time management
Interpersonal Skills
Critical thinking
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Vice President, Utilization Management Products in Bloomfield, CT, USA is $120,000 to $180,000 per year. However, this salary range can vary based on factors such as experience, education, and the specific company or industry. Additionally, bonuses and other forms of compensation may also impact the overall salary for a Vice President, Utilization Management Products in this location.
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Cigna Corp. provides medical, dental, disability, life and accident insurance and related products and services to businesses, governmental and non-governmental organizations and individuals. It operates through following segments: Global Health Care; Global Supplemental Benefits; Group Disability and Life; Other Operations; and Corporate.
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