Senior Product Manager

Point32Health

$116K — $175K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related field; Master's preferred
  • 5-7 years of product management, strategic planning, or healthcare sales experience
  • Expertise in navigating state and federal regulatory requirements
  • Proven track record in managing health insurance network products
  • Strong analytical and communication skills for effective cross-functional collaboration

Responsibilities

  • Lead the development of multiyear product strategies for diverse product lines
  • Engage stakeholders to integrate customer feedback into product development
  • Create and refine new product features and enhancements to boost market performance
  • Analyze financial data to drive strategic market positioning
  • Monitor product performance metrics and propose adjustments for improvement
  • Collaborate with teams on marketing initiatives and customer experience management
  • Manage vendor relationships to ensure alignment with product goals

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Robust retirement plans
  • Generous paid time off
  • Employer-paid life and disability insurance, with optional buy-up plans
  • Educational assistance through a tuition program
  • Well-being benefits
  • Comprehensive benefits to support personal and professional development
Full Job Description
Job Summary
The Senior Product Manager is responsible for leading and managing product team(s) to develop multiyear product strategies, roadmaps, and competitive offerings to meet profitability and membership goals. Candidates should have a deep understanding of state and federal regulatory requirements, experience navigating the complexities of the QHP market, and the ability to develop and execute strategies that ensure compliance while driving market growth and innovation.

Job Description

Key Responsibilities/Duties - what you will be doing (top five):
  • Develops and manages the 2-4-year product strategy for a set of product lines and/or geographic regions. Lead product- specific, cross-functional teams responsible for assessing/implementing new/revised or enhanced product designs and programs.
  • Meet with internal and external stakeholders/customers including market teams, brokers, accounts, vendors, and government agencies to incorporate voice of the customer in product roadmap.
  • Develop new products and features, product enhancements, line extensions, portfolio revisions, and product discontinuation as needed to achieve market position, membership goals, and profitability targets.
  • Synthesize product line financial modeling and analysis into actionable tactics. Assess market and competitive positioning in support of expansion strategies.
  • Monitor and report on-going performance of product portfolio(s) including profitability, customer satisfaction, membership growth/retention, and operational performance. Develop course correction proposals, as needed, based on metrics.
  • Collaborate with other teams in the development of product collateral, marketing, and communications initiatives and in conducting internal and/or external trainings. Map and manage the customer experience.
  • Manage vendor relationships as part of the product line.
  • Other duties and projects as assigned.

Qualifications - what you need to perform the job

Certification and Licensure

Education
  • Required: Bachelor's degree in a related field
  • Preferred: Master's degree

Experience
  • Required: 5-7 years of related work experience
  • Preferred: 5-7 years of product management, strategic planning, project management, marketing, or healthcare sales experience.
  • Preferred: experience in developing, managing, and optimizing health insurance network products


Skill Requirements
  • Effective and strategic leader who can use strong analytic and problem-solving skills to facilitate cross- functional teams.
  • Excellent interpersonal and collaboration skills; ability to influence at all levels of the organization.
  • Proven organization, facilitation, and conflict management skills
  • Ability to function effectively in a fast paced, rapidly changing regulatory and competitive environment.
  • Resilient, collaborative, flexible, innovative.
  • Excellent oral, written and presentation skills.
  • Proactively identifies potential impacts and issues and takes initiative to propose and drive solutions.


Working Conditions and Additional Requirements (include special requirements, e.g., lifting, travel):
  • Must be able to work under normal office conditions and work from home as required.
  • Work may require simultaneous use of a telephone/headset and PC/keyboard and sitting for extended durations.
  • May be required to work additional hours beyond standard work schedule.

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Management retains the discretion to add to or change the duties of the position at any time.

Salary Range
$116,814.82 -$175,222.22

Compensation & Total Rewards Overview

The annual base salary range provided for this position represents a range of salaries for this role and similar roles across the organization. The actual salary for this position will be determined by several factors, including the scope and complexity of the role; the skills, education, training, credentials, and experience of the candidate; as well as internal equity. As part of our comprehensive total rewards program, colleagues are also eligible for variable pay. Eligibility for any bonus, commission, benefits, or any other form of compensation and benefits remains in the Company's sole discretion and may be modified at the Company's sole discretion, consistent with the law.

Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes:
  • Medical, dental and vision coverage
  • Retirement plans
  • Paid time off
  • Employer-paid life and disability insurance with additional buy-up coverage options
  • Tuition program
  • Well-being benefits
  • Full suite of benefits to support career development, individual & family health, and financial health

For more details on our total rewards programs, visit https://www.point32health.org/careers/benefits/

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