Aetna VP, Commercial Product Strategy & Innovation in Wellesley, Massachusetts

Req ID: 52360BR

Role Summary: As healthcare delivery in the United States evolves to focus on quality outcomes at lower costs, Aetna must develop a new portfolio of solutions that are sold to employers who offer healthcare benefits to their employees. The vice president of Product Strategy & Innovation leads the team responsible for transforming Aetna s health insurance portfolio to thrive in this world of value-based care. He/she manages the team responsible for understanding market needs and changing dynamics to then create and build innovative products and solutions. Responsible for product portfolio strategy, the VP of Product Strategy & Innovation must ensure product strategies are integrated within company strategy and operational plans. The VP of Product Strategy & Innovation is responsible for all aspects of product innovation, strategy and business case development for Aetna s health benefit offerings across all the employer segments. The successful candidate is a proven business leader who will articulate a compelling product vision and strategy that positions Aetna as a healthcare leader. This role is a member of the Product and Solutions Management organization leadership team and will manage an organization of roughly 15 individuals.

Fundamental Components:Segment markets, uncovers customer needs and then design new solutions.Develop a deep understanding the competitive landscape, from both a plan sponsor and consumer perspective, and then use it to build a product portfolio strategy.Lead the development of rigorous strategic and economic business cases for all new product offerings, including revenue, profit and market share targets.Be the primary interface between the Commercial Business and the clinical product strategy organization to ensure that Aetna s clinical care offerings meet the needs of the Commercial marketplace.Be the primary interface between the Commercial Business and the Aetna Digital organization, to ensure that Aetna s digital product portfolio, including the Aetna Health platform, meets the needs of the Commercial marketplace.Lead the disruptive innovation function within Aetna s product organization, both internally and with select external partners, to deliver the next generation of transformative solutions.Develop and execute the strategy to transition Aetna s commercial offerings toward value-based care.Develop new incremental insurance plan offerings that address the unmet needs of Aetna s current customers.Conduct build/buy/partner analysis as part of development efforts.Thought leadership, e.g., speaking at conferences and key customer forums.Build and manage a high-performing team of product managers. Qualifications/Requirements:MBA preferredHealthcare backgroundMinimum 10 years of demonstrated management and leadership success within a P&L or product organizationStrategic thinker with excellent judgment and business senseExtensive experience and successful track record working in and building relationships within matrixed organizational structuresProblem solving skills – ability to rapidly find the answer to a complicated problem in the absence of complete informationStrong negotiation skillsExcellent communication and presentation skillsStrong work ethic and commitment to excellence


Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.

We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.

Together we will empower people to live healthier lives.

Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.

We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.

Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

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Job Function: Management