Director of Data Content and Strategy
RELX INC - Director of Data Content and Strategy - Minneapolis, Minnesota
LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Healthcare vertical, our solutions focus on transforming operations and improving health outcomes across the healthcare industry.
Our solutions are centered around robust data assets, leveraging sophisticated technology, applied analytics, and deep healthcare expertise to help healthcare organizations make confident decisions and solve complex challenges.
Please read the following job description thoroughly to ensure you are the right fit for this role before applying.
About the team :
The Healthcare Business Strategy team is responsible for setting strategy and driving growth across our healthcare business.
Our team is deeply engaged with industry influencers and experts, striving to understand the critical challenges within the healthcare landscape that our organization can address.
About the role : We are seeking a highly motivated and experienced professional to join our team as the Director of Data Content and Strategy.
This role is responsible for identifying, evaluating, and executing data and content acquisitions that support the business unit's strategic direction, revenue growth, and innovation initiatives.
You will be responsible for :
- Lead Data and Content Acquisition Strategy : Collaborating with internal teams to lead data and service acquisition strategy considering cost, value, geographic coverage, and new insights.
- Evaluating content acquisition and licensor opportunities for strategic fit, financial soundness, and execution capability.
- Acquiring core and alternative data sets that enhance the organization's product portfolio.
- Re-negotiating sub-optimal agreements to reflect actual content value, minimizing disruption while maximizing data monetization.
- Managing a significant COGS budget, including new and existing content spending and reports.
Manage Data Agreement Lifecycle :
- Developing and optimizing content lifecycle management processes.
- Ensuring favorable terms for the organization during negotiations.
- Leveraging strategic relationships to maximize data value and maintain a proper balance of trade with suppliers and partners.
- Coordinating license renewals, amendments, and renegotiations across different functional areas.
- Educating internal teams on rights management issues and supporting them in leveraging licensing relationships.
Develop and Manage Network Partners :
- Coordinating with key stakeholders to engage token network partners in alignment with the organization's strategy.
- Driving strategic data partnerships to support ongoing product investment considerations.
Industry Expertise and Representation :
- Representing the organization internally among various business units as well as externally to vendors and partners.
- Maintaining a deep understanding of relevant industry data, including claims, provider data, and patient insights.
Performing all other duties as assigned.
Qualifications :
- 10+ years of experience in healthcare data acquisition and content industry, including relationship management, business development, and contract negotiations.
- Expert business judgment and diplomacy in complex situations.
- Extensive experience in developing business relationships and financial modeling.
- Strategic thinking and analytical skills.
- Excellent written and verbal communication skills.
- Strong interpersonal and business development capabilities.
- Ability to represent the organization at an executive level.
- Ability to quickly learn and articulate the organization's solution suite and capabilities.
At LexisNexis Risk Solutions, having diverse employees with different perspectives is key to creating innovative new products for our global customers.
We actively welcome applications from candidates of diverse backgrounds and underrepresented groups.
We are an equal opportunity employer : qualified applicants are considered for and treated during employment without regard to any characteristic protected by law.
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