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Strategic Product Manager

HCSC

Chicago, IL · HybridFull-time$84–152K/yrSeen todaySeen in employer's feed today

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At a glance

Compensation
$84–152K/yr
Location
Chicago, ILHybrid
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

HCSC seeks a Strategic Product Manager to manage complex existing products and develop product strategy for current and next-generation health insurance solutions. The role leads the product lifecycle from ideation through launch, analyzes market trends and product performance, and supports sales and account management. Flex employees are expected to work in the office at least three days a week.

Skills & qualifications

RequiredNice to have

Skills

Cross-Functional Collaboration, requiredLeadership, requiredMentoring, requiredRelationship Building, requiredBusiness Analysis, requiredFinancial Analysis, requiredSales and Marketing, requiredMarket and Competitive Analysis, requiredAnalytical Thinking, requiredInformation Synthesis, requiredCommunication, requiredPersuasion, requiredProject Management, requiredOrganization, requiredPrioritization, requiredProblem Solving, requiredInterpersonal Communication, requiredAdaptability, requiredPresentation, requiredGroup Facilitation, requiredInitiative, requiredPersistence, requiredTeamwork, requiredMicrosoft Word, requiredMicrosoft Excel, requiredMicrosoft PowerPoint, requiredHealth Insurance, nice to haveHealthcare, nice to haveStop Loss, nice to haveClient Relations, nice to haveBenefit Consulting, nice to haveBroker Relations, nice to have

Qualifications

Bachelor's+4, Master's+2 or 8 Years Experience, required4+ Years Relevant Experience, required8 Years Strategic Planning or Product Experience, requiredMaster's+2 Years Relevant Experience, required

Benefits

401(k) Match
Paid Time Off
Parental Leave
Tuition Assistance

Full job description

Flex

IL - Chicago

Full time

R0056445

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

Job Summary

This Position Is Responsible For Managing Complex Existing Products And Or A Product Suite And Leads The Development Of Product Strategy For Both Current And Next Generation Product Solutions In The Health Insurance Space. Responsible For Leading And Managing The Product Lifecycle From Ideation Through Market Launch By Analyzing And Interpreting Market Trends, Developing Marketing Strategy And Assessing Product Performance. Serves As The Subject Matter Expert Responsible For Product Management Activities Including: Marketing Collateral Development, Training Efforts, Client Reporting, Monitoring Product Performance And Refreshing Product Pricing. Supports Sales And Account Management To Position Products For Critical Client Sales.

Required Job Qualifications:

 Bachelor Degree and 4 years of experience in consulting, strategic planning, marketing, market research, product management, or product development OR 8 years of experience in strategic planning, product management, product development OR Master’s Degree and 2 years of experience in consulting, strategic planning, marketing, market research, product management, or product development.

 Experience effectively interacting with staff/management across multiple departments and levels, including executive leadership.

 Experience leading and mentoring other staff, as appropriate.

 Experience building key relationships and understanding organization interdependencies

 General business and financial analysis skills

 Knowledge of sales and marketing techniques, marketplace and competition

 Analytic and information synthesis skills.

 Communication and persuasion skills.

 Project management skills, including strong organization, prioritization and problem solving skills.

 Strong oral, verbal and interpersonal communication skills; experience accepting direction and feedback.

 Flexibility and responsiveness in managing multiple projects concurrently.

 Presentation and group facilitation skills.

 Initiative and persistence, with experience meeting deadlines.

 Experience leading within a team environment.

 Word, Excel, PowerPoint.

Preferred Job Qualifications:

 Health Insurance or Healthcare Industry Experience

 Specifically Stop Loss Knowledge

 Previous responsibility for the administration of a product or product line, including development of products from inception to launch, and product introduction and monitoring for success or need for reengineering.

 Experience working directly with clients and benefit consultants or brokers.

 Must be able to think analytically

#IN-KT

#LI-REMOTE

#LI-KT1

Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards .

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.

Base Pay Range

$84,400.00 - $152,300.00

Exact compensation may vary based on skills, experience, and location.

Join our talent community and receive the latest HCSC news, content, and be first in line for new job opportunities.

Join our Talent Community. (https://hcsc.recsolu.com/app/collect/form/pmPA8v\_eHgqFiDb2AuRTqQ)

For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities.

Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment.

HCSC is committed to diversity in the workplace and to providing equal opportunity to employees and applicants.

If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations.

Please note that only requests for accommodations in the application process will be returned. All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to "candidate home" to view your job submissions.

Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Montana, Blue Cross and Blue Shield of New Mexico, Blue Cross and Blue Shield of Oklahoma, and Blue Cross and Blue Shield of Texas,

Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, and Independent Licensee of the Blue Cross and Blue Shield Association

© Copyright 2025 Health Care Service Corporation. All Rights Reserved.

How this job compares

Set against the 10,636 open Product Management jobs on Olive Jobs, counted November 12, 2026.

Pay
  • This posting$84–152K/yr
  • Illinois median$150–205K/yr323 salary ranges
  • US median$146–220K/yr8,853 salary ranges

This range's midpoint, $118K, is 29% below the Illinois median midpoint ($166K) — in the lowest quarter of Product Management salary ranges in Illinois.

Openings
Olive Jobs lists 357 open Product Management jobs in Illinois and 10,636 across the US. 9% of them nationwide are listed as remote or flexible.
Hiring the most in Illinois
Experience
This posting asks for at least 2 years of experience — less than three in four Product Management postings that state a minimum ask for (median 7 years, across 9,016 postings).
Education
3,223 of the 10,636 open Product Management jobs (30%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on November 12, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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