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Business Development Specialist III
Business Development Specialist IIIMedica • Minnetonka, MN, United States
Business Development Specialist III

Business Development Specialist III

Medica • Minnetonka, MN, United States
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Description

Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for.

We're a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration - because success is a team sport. It's our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued.

This position is primarily responsible for supporting development and implementation of new business development opportunities and high-impact initiatives withing the organization's growth portfolio. This includes contributing thought leadership, developing market studies, building business cases, and leading the implementation of new business development initiatives; partnering with and influencing business owners to ensure the achievement of expected results, without direct authority. Performs other duties as assigned.

Key Accountabilities

Market Research & Growth Investment Planning

  • Independently develop comprehensive market studies and market research deliverables with minimal supervision
  • Serve as a leader, guide, and resource to other staff in completion of market research & competitive intelligence work
  • Act as subject-matter-expert to provide advisory guidance for leadership to influence investment portfolio decision-making on new business development opportunities

Strategic Initiative Business Case Development & Initiative Planning

  • Manage and coordinate construction of key business case and business plan inputs cross-functionally with Medica Executives and Directors, as defined by leader
  • Support building organizational support and securing infrastructure and resources needed to execute emerging business development opportunities

    Independently build new business development implementation and launch plans based on blueprints of prior expansion work

    Strategic Initiative Execution

  • Proactively drive critical decision-making directly supporting new business development opportunities
  • Directly manage and coordinate go-to-market launch plans of new business development opportunities
  • Provide day-to-day business oversight of operational readiness implementation; act as escalation point for project teams
  • Proactively identify risks and coordinate development of mitigation action plans and issue resolution work
  • Provide coordination support of external client and partner relationships in support of new business development ventures
  • Required Qualifications

  • Bachelor's degree in business, marketing, or healthcare related field, or equivalent experience in related field
  • 5 years of experience beyond degree
  • Skills and Abilities

  • Proven track record of success working both independently and working in and leading cross-functional teams, where achieving effective outcomes relies on an ability to collaborate and work cooperatively with others (persuade and influence), rather than on formal reporting hierarchies
  • Strong communication skills, including experience communicating directly with and consulting or advising senior leadership, including C-level executives
  • Experience with and broad knowledge of health insurance industry, business functions and process, products, networks, systems / applications and overall infrastructure
  • Demonstrated project management skills and acumen
  • This position is an Office role, which requires an employee to work onsite, on average, 3 days per week. We are open to candidates located near one of the following office locations : Minnetonka, MN, or Madison, WI.

    The full salary grade for this position is $87,100 - $149,300. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $87,100 - $130,620. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and / or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

    The compensation and benefits information is provided as of the date of this posting. Medica's compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.

    Eligibility to work in the US : Medica does not offer work visa sponsorship for this role. All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States.

    We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

    Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

    This employer is required to notify all applicants of their rights pursuant to federal employment laws.

    For further information, please review the Know Your Rights notice from the Department of Labor.

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