Mark Nyquist Email & Phone Number

Minneapolis, Mn, Us

Minnetonka, Mn, Us

Responsible for UnitedHealthcare's automated prior authorization / utilization management auto decisioning product processing over $5B of transactions, driving $50M annual margin improvement savings and $20M annual productivity savings. Manages strategic direction, product roadmap development, implementation, maintenance, operational performance and provider experience. Leads team of product directors and managers, technology leaders and business owners with 15 reports driving product development and operations.Business Growth and Enhancements: Grew business by 70% including development and implementation of 9 commercial and 5 Medicaid markets. Improved provider experience and reduced abrasion improving NPS from 15 to 25. Increased auto-approval through enhancements improving outcomes by 25% saving $5 M. Drove SG&A savings of over $70 M.Performance Improvement: Led cross organizational effort to improve benefit validation capability driving 30% improvement in performance saving $10M annually. Identified, initiated opportunity and problem solved in conjunction with cross organizational teams.Organizational Alignment: Fostered positive and supportive cross organizational relationships with leadership improving trust, problem solving and productivity. Implemented product development and management process: Instituted 12 month roadmap cycle. Developed feed back cycle with lessens learned, expanded reporting capabilities. Completed over 30 releases without incident while reducing system errors from 130 to 20.

Eden Prairie , Mn, Us

Responsible for managing strategy and execution, product development and implementation of Optum’s cross benefit specialty drug business for OptumRx reporting to SVP of Specialty Product. Initiative includes integration of pharmacy and medical benefit medications, integration of Optum business unit capabilities and integration of products and programs.

Miami, Florida, Us

Madison, Wi, Us

Product Management and Strategic Planning consulting. Clients include BCBS, Prime Therapeutics, UnitedHealth Group (UHG)/Health Care Cost Institute (HCCI) and other organizations. Prime Therapeutics: 20 month engagement leading Walgreens/Prime Therapeutics retail alliance co-development efforts including senior executive management office, clinical innovation process, roadmap development, contract negotiation, SOW development and Business Associate Agreement negotiation. Served as liaison between Prime and Walgreens. Also led product development projects in HIV, Specialty, network, Stars and compounding projects.UHG/HCCI: Leader of product strategy and product marketing for the development and launch of UHG/HCCI's new health care transparency and consumer information tool - guroo.com. Led development of roadmap, prioritization process, value proposition development, budgeting and development of consumer experience.

Stamford, Connecticut, Us

Vice President of Product Management leading product development and marketing for Connexion Loyalty's start-up effort in the Health and Wellness incentives space. Led overall product strategy and execution including brand development, market research, design and development of product offering for companies looking to drive improved health behavior and lowered health care costs through positive and engaging health incentives.

Us

Member of senior leadership team leading strategy and marketing teams for $150 million Government Solutions start-up business unit targeting 20% annual growth. Led development of strategy projects including market assessments, competitor evaluations, business models and led marketing communications team.• Strategy Process: Developed and led business unit level strategy process.• Product Development: Solution ideation, evaluation and prioritization.• Business Case Development: Led team in development of capital projects and business plans.• Marketing: Led team of marketing specialists and responsible for $800,000 budget.

Strategic Business Development and Business Planning Including Marketing and Product Development with a Data Driven Focus.• Cigna: Advised on development of healthcare exchange strategic plan. Performed market segmentation, market sizing, industry landscaping including SWOT and Porter’s Five Forces analysis, created value proposition, projected future market scenarios, assembled questionnaire and performed interviews with key industry players. Delivered profitability/NPV/ROE outlook and strategic plan.• Thomson Reuters Healthcare: Advised on post healthcare reform business and acquisition strategy. Assessed market to determine opportunities, prioritized opportunities, recommended acquisition approach, developed list of targets, modeled financials, determined synergies and performed valuation. Also led ideation exercise, developed prioritization methodology, performed healthcare reform impact analysis, led group to consensus.• UnitedHealth Group: Developed customer focused product naming structure. Produced market segmentation, product families grouping and developed customer relevant naming. Managed external agency and led internal UHG testing and piloting. Conducted focus groups and market research. • DSM Personal Nutrition: Created business plan, business case, and product strategy for start-up. Outlined business model, forecasted future market scenarios, sized market, estimated market penetration, developed budget, developed timeline including go/no-go decision tree, developed value proposition/story and mapped to product capabilities. Delivered a financial model including P&L, investment requirements, NPV and IRR.

Us

Consumer Driven Health Care Product Development and Management, Marketing and P&L Responsibility: Managed $37MM P&L for UnitedHealth Group’s 1,000,000 plus HRA and FSA related accounts and managed team of product management directors.• Performance: Delivered 98% growth on HRA accounts and 14% growth on FSA accounts.• Metrics: Created and implemented operational metrics program – delivered 20% improvement in complaints/thousand. • Product Development: Directed development of first to market Retiree Reimbursement Account product to a Fortune 500 pilot customer. Initiated development of Health Incentive Account, section 105 reimbursement account product.• Operations: Led training, RFP production, road map development, operational enhancements, consumer experience enhancements and marketing material development for product portfolio.Directed development of Consumer Driven Healthcare products through team of product managers. Managed all phases of development process from concept phase through to post launch. • Product Development: Conducted market research, sales training and prioritized resources. Managed system implementations, product enhancements, consumer experience improvements, marketing material and project deadlines for 400,000 member UHC CDH product suite.• Product Launches: Successfully launched four products – Definity HRA and HSA for UHC mid-sized businesses, HRA for small business and Split Deductible for mid-sized businesses delivering over 100,000 members to UHC.• Product Enhancements: Drove enhancement of consumer experience, including messaging, web experience, and communication material resulting in improved consumer experience.• Financial Analysis: Developed standardized financial template used by all of product development resulting in standardization of product financial methodology.

Minneapolis, Minnesota, Us

Supply Chain, Financial Manager of Baking Division Supply Chain and Milling Locations • Baking Division Supply Chain Financial Operations: Managed financial operations for General Mills’ $400 million Baking division supply chain. Responsibilities included sourcing, manufacturing, and logistics. • General Mills Milling Locations: Managed financial operations of eight milling locations located throughout the United States.• Business Strategy: Led supply chain finance portion of divestiture of milling assets saving $1.0 million. Developed long term production plan for mills saving $1.5 million in inventory costs.• Personnel Management: Directed six financial managers at mill locations. Managed Baking supply chain senior financial analyst and junior level analyst.Supply Chain, Manager of Financial Planning and Analysis • Supply Chain planning and forecasting: Led General Mills’ $6 billion supply chain matrix organization through midyear and annual plan cycles. Decreased midyear timeline by 20% and streamlined spring plan process.• Analysis: Led effort for supply chain 10 year strategic plan allowing for development of COGS portion of corporate market signals valuation.• Administrative Budget: Managed General Mills’ supply chain $100 million administrative budget. Led effort to cut $4 million out of planned budget by identifying cost savings opportunities.• Managed three senior level and one junior level financial analysts: Championed development effort for early rotation of a high performing analyst to allow for future promotion.

Minneapolis, Minnesota, Us

Benefit Finance, Manager of Private Equity reporting to Chief Investment Officer • Pension and Private Equity: Managed General Mills’ $420 million pension private equity portfolio consisting of over 60 investment funds and over 10 direct investments. Responsible for growth of over $50 million in commitments and participated in an additional $100 million. Analyzed performance of present and potential investments. Executed due diligence including pro-forma IRR analysis. Negotiated investment agreements and directed review of legal documents.• Corporate Private Equity: Managed General Mills’ $50 million corporate private equity investments. Evaluated prospective fund holdings for technologies and skill-sets with potential strategic interest to General Mills. • Pension Stock Distributions: Monitored $10 million in stock distributions and provided analytical support and recommendations for position movements. Treasury Department, Financial Analyst reporting to Assistant Treasurer • Corporate Cash Flow: Created treasury cash flow model for $13 billion General Mills’ organization. Produced quarterly presentations for senior management, board and rating agencies.• Corporate Campus Project: Developed NPV and EPS based financial model for $150 million new corporate campus. • Foreign Exchange: Executed over $500 million in foreign exchange trades, including forwards and option trades.• Tax Projects: Performed due diligence and financial modeling for Section 29 tax projects.

Wayzata, Minnesota, Us

Business Development Strategy, M&A, and Commodity TradingStrategy and Business Development Group (SBD), Business Analyst • Corporate Center Strategy: Led cross business unit team to develop corporate level strategy for Cargill’s $1 billion grain origination and fertilizer sales businesses. Analyzed market trends, conducted focus groups, identified customers’ needs, and modeled competitor’s grain handling cost structure. Generated solutions and recommended strategy to upper management.• FCOJ Business Unit Strategy: Modeled optimum inventory carrying practice and recommended $8.4MM cost savings through inventory reduction. Analyzed cost curves and industry capacity to determine client’s strategic position relative to suppliers and customers. Conducted supply and demand analysis for the industry. Performed financial analysis of business.• Cargill/Monsanto Joint Venture: Created transfer pricing model for Cargill/Monsanto biotechnology joint venture. Negotiated preliminary pricing structure with Monsanto representatives.• Business Intelligence: Led analysis of customer/competitor as part of Cargill’s business intelligence effort. Determined customer/competitor’s growth engines.CARGILL COCOA, Amsterdam, The Netherlands• Merchant Trader: Worked as cocoa merchant trader at Cargill Cocoa, The Netherlands. Hedged physical purchases. Forecast worldwide supply and demand for cocoa products.• Options Products: Developed marketing presentation for Cargill’s options products to cocoa customers.• Cargill Value Management: Trained Dutch management on Cargill Value Management (Cargill EVA program). Evaluated trading and inventory initiatives based on Cargill Value Management.• Purchasing Strategy: Developed low cost cocoa ingredient blending model based on cocoa origination price, market price, product price and yields, increasing profits 2%-5%.

Mba, Strategic Marketing And Finance

Bse, Chemical Engineering