Elevance Health

Product Manager Senior- Carelon Rx

Elevance Health$109K — $163K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree in a related field required
  • Minimum of 4 years of related experience
  • MBA preferred
  • Preferred experience in health or managed care
  • Strongly preferred experience in Pharmacy Benefit Management (PBM)
  • Experience in Program Lifecycle Management (PLM) preferred
  • Expertise in developing financial models and roadmaps strongly preferred

Responsibilities

  • Evaluate existing products and industry data to enhance offerings
  • Develop and apply long-term profitability strategies in market segments
  • Coordinate communication and implementation across all product development phases
  • Ensure product compliance with regulatory and legal standards
  • Act as a product expert and relationship manager for core clients
  • Collaborate cross-functionally to create GTM materials supporting Sales and Account teams

Benefits

  • Comprehensive benefits package
  • Incentive and recognition programs
  • Equity stock purchase options
  • 401k contribution plans
Full Job Description
Anticipated End Date:
2026-07-23

Position Title:
Product Manager Senior- Carelon Rx

Job Description:

Product Manager Senior

Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless accommodation is granted as required by law.

The Product Manager Senior will be responsible for the development of products in both new and existing markets.

How you will make an impact:
  • Evaluates existing products and competitor and industry data to improve existing products and make recommendations for new products.
  • Develops and implements long term profitability strategies for market segment including market positioning, new product design pricing parameters, risk profiles, and legislative/regulatory responses.
  • Coordinates presentation, communication and implementation of all phases of product development.
  • Ensures all products are compliant with regulatory directives and state/federal laws and policies.
  • Serves as a product expert and a relationship manager to the core clients.
  • Partners cross-functionally to develop GTM materials (FAQs, talking points, product blurbs, etc.) to enable Sales and Account teams, delivering on timelines and meeting/exceeding expectations.


Minimum Requirements:

Requires a BA/BS degree in a related field and a minimum of 4 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences:
  • MBA preferred.
  • Health or managed care experience preferred.
  • Pharmacy Benefit Management (PBM) experience strongly preferred.
  • Program Lifecycle Management (PLM) experience strongly preferred.
  • Experience developing financial models, requirements, roadmaps, and concept materials is strongly preferred.


For candidates working in person or virtually in the below locations, the salary* range for this specific position is $109,112.00 to $ 163,668.00.

Location(s): New Jersey

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education, and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Job Level:
Non-Management Exempt

Workshift:
1st Shift (United States of America)

Job Family:
MKT > Product, Prog/Proj & Support

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

About Elevance Health

Epoch Health represents the next evolution in comprehensive healthcare specifically for men. Our philosophy is a clinical approach designed to help men enhance their quality of life through truly personalized and professional clinical care. At Epoch we stress appropriate health treatments, proactive screenings and lifestyle modifications.

Elevance Health Careers

Join the vibrant team at Elevance Health, a leader in healthcare solutions, where we prioritize innovation, leadership, and the well-being of our communities. At Elevance Health, we offer more than just job opportunities; we provide a pathway to a fulfilling career in a diverse and inclusive environment.

Work You’ll Do

At Elevance Health, you will be part of a team dedicated to reshaping the future of healthcare through outstanding service and cutting-edge technology. Our professionals enjoy a culture of collaboration and respect that supports both personal and professional growth.

Explore Career Opportunities

Whether you're seeking your first internship or a seasoned professional position, Elevance Health offers a range of employment opportunities across various specialties. Our team is growing, and we are hiring individuals who are passionate about making a difference in healthcare. Explore positions that match your skills and interests in our dynamic company.

Innovate and Lead

Join us and contribute to a culture of innovation and continuous improvement. At Elevance Health, you will work alongside industry leaders and have the chance to develop leadership skills that are crucial in today’s fast-paced healthcare environment. Our leadership and diversity training ensure that all team members are equipped to lead, inspire, and thrive.

Develop Your Career

Elevance Health is committed to the professional growth of our employees. With access to comprehensive benefits, career development programs, and networking opportunities, you can expand your skills and advance your career within a supportive and nurturing environment. Our commitment to professional development is reflected in our robust training programs and our focus on promoting from within.

Benefits and Culture

We understand that the well-being of our employees is paramount. Elevance Health offers competitive benefits designed to support the health, financial security, and work-life balance of our team members. Our inclusive culture fosters innovation and is one of our greatest strengths.

Join Our Team

Ready to make a significant impact in healthcare? Search for open job opportunities at Elevance Health that align with your skills and career ambitions. We are looking for curious, creative, and solution-driven team players who are ready to drive change and deliver solutions.

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Apply Now

Start your journey with Elevance Health by exploring our career portal for available job opportunities. Submit your resume, prepare for your interview, and take the first step towards a rewarding career that makes a real difference.

Elevance Health Careers

Empowering your future in healthcare. Join us and be part of a team that is dedicated to improving lives and communities every day.
Learn more about Elevance Health
Size
3,969 employees
Market Cap
$116.9 billion
Industry
Net Income
$4.5 billion
Founded
1944
5 Year Trend
+10.3%
Revenue
$121.8 billion
NASDAQ

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