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Product Management Dir Sr

Anticipated End Date:

2025-04-18

Position Title:

Product Management Dir Sr

Job Description:

Product Manager Director Sr

Location: Alternate locations may be considered. This position will work a hybrid model (remote and office). The ideal candidate will live within 50 miles of one of our PulsePoint locations. Travels to worksite and other locations as necessary (20%).

The Product Manager Director Sr is responsible for leading the development and implementation of complex product strategies for a product line across the enterprise or within a multi-state environment.

How you will make an impact:

  • Develops, implements and maintains competitive product platform.

  • Partners with product managers to achieve superior execution of product strategy in the marketplace.

  • Tracks individual product performance by benefit design, market segment and sub region.

  • Supports the development of short and long term strategic product plans in support of market, sales and profitability objectives.

  • Identifies system needs to support short and long term product strategy.

  • Develops system requirements and ROI.

  • May lead effort or manage project teams in the implementation of complex regional and companywide initiatives including portfolio repositioning in a market, legislative changes, network/provider changes/ medical management program and policy initiatives, etc.

Minimum Requirements:

Requires a BA/BS degree and a minimum of 7 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experience:

  • MBA preferred.

  • Experience working in the managed care/healthcare insurance industry most notably in product management is strongly preferred. 

  • Experience is developing product platform strategies involving Utilization Management, Care Management, Digital Member Engagement, and Financial Risk Management platforms highly preferred.

  • Experience in road mapping and planning of complex initiatives using product lifecycle management, using Aha/Jira/other PLM tools highly preferred.

  • Exceptional strategic thinking, decision-making, problem-solving skills, and adaptability highly preferred.

  • Experience interacting confidently with senior management and executive level stakeholders, as a subject matter expert and comfortable with influencing decision-making preferred.

  • Experience and knowledge of data analytics, project management, project execution, process improvement and change management experience (strategic and execution) strongly preferred.

  • Excellent written, oral, presentation and interpersonal communication skills with the proven ability to negotiate expectations between multiple parties strongly preferred. 

  • Proficient of Microsoft Office products Excel, Teams, Outlook, PowerPoint, and Word strongly preferred.

For candidates working in person or remotely in the below location(s), the salary* range for this specific position is $131,964 to $226,224

Locations: District of Columbia (Washington, DC); Illinois; Maryland; Minnesota; New York

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 considered to be 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:

Director Equivalent

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.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Average salary estimate

$179094 / YEARLY (est.)
min
max
$131964K
$226224K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Product Management Dir Sr, elevancehealth

Looking for an exciting opportunity to lead product strategy? Elevance Health is seeking a Product Management Director Sr to join our dynamic team in Indianapolis. In this hybrid role, you’ll develop and implement complex product strategies across the enterprise that drive market performance. As a key player, you’ll partner with our product managers to ensure superior execution and track product performance across various segments. Your keen insights will help in shaping impactful product plans that cater to our market, sales, and profitability objectives. We value strategic thinking, problem-solving, and decision-making skills. Ideally, you have a BA/BS degree with at least 7 years of relevant experience—an MBA is a plus! Your previous experience in the healthcare insurance industry, particularly in product management, will set you up for success. You’ll lead cross-functional teams, back our data-driven initiatives, and engage confidently with senior management. Elevance Health is dedicated to improving lives and communities, and we’re excited to find someone to help us make healthcare simpler. With competitive salary ranges between $131,964 and $226,224, alongside a strong benefits package that includes wellness programs, PTO, and a 401(k) plan, we ensure that you’re not just a number here. If you're ready to make an impact, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Product Management Dir Sr Role at elevancehealth
What are the key responsibilities of the Product Management Director Sr at Elevance Health?

The Product Management Director Sr at Elevance Health is responsible for leading the development and implementation of complex product strategies. This includes partnering with product managers to track individual product performance across various market segments, developing both short and long-term strategic product plans, and managing project teams for various initiatives. Successful candidates will also identify system needs that align with product strategies.

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What qualifications are required for the position of Product Management Director Sr at Elevance Health?

Candidates applying for the Product Management Director Sr position at Elevance Health should hold a BA/BS degree and have a minimum of 7 years of related experience. An MBA is preferred, along with significant experience in the managed care and healthcare insurance industries, especially in product management. Familiarity with strategic planning, data analytics, and project management tools is highly desirable.

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What skills are preferred for a candidate applying for the Product Management Director Sr position at Elevance Health?

Ideal candidates for the Product Management Director Sr role should possess exceptional strategic thinking, decision-making, and problem-solving skills. A deep understanding of healthcare insurance products, as well as knowledge of data analytics and project execution, is also preferred. Strong communication skills and the ability to influence senior stakeholders will set candidates apart.

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Can I work remotely as a Product Management Director Sr at Elevance Health?

Yes, the Product Management Director Sr role at Elevance Health offers a hybrid work model, which allows for a mixture of remote and in-office work. Candidates should reside within 50 miles of an Elevance Health office to ensure ease of travel when necessary for team collaborations and meetings.

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What is the salary range for the Product Management Director Sr position at Elevance Health?

The salary range for the Product Management Director Sr position at Elevance Health typically falls between $131,964 and $226,224. This range is influenced by various factors, including geographic location, work experience, education, and other qualifications. Elevance Health is committed to ensuring equitable compensation.

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Common Interview Questions for Product Management Dir Sr
How do you approach developing a product strategy?

When developing a product strategy, I begin by thoroughly analyzing market trends and performance metrics. I'll gather input from stakeholders and product managers to align our goals and objectives, ensuring that our strategy supports both market needs and company objectives. This collaborative approach fosters a product that addresses customer pain points effectively.

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What experience do you have in managing cross-functional teams?

I’ve successfully led cross-functional teams by establishing clear communication channels and roles. I prioritize setting mutual objectives and creating a collaborative environment where all team members feel empowered to contribute. This ensures that we achieve our project's goals efficiently while addressing any challenges that arise.

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Can you describe a time when you had to influence a senior stakeholder's decision?

Certainly! In a previous role, I had to present a new product initiative to senior management. I gathered data analytics to support my proposal and created a compelling narrative around the potential benefits. By addressing their concerns and aligning the initiative with our overall business strategy, I successfully gained their approval.

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What metrics do you consider critical in evaluating product performance?

I consider metrics such as market share, customer adoption rates, revenue growth, and customer satisfaction scores to be critical in evaluating product performance. These metrics provide a comprehensive view of a product's success and areas for improvement, enabling us to refine our strategies as needed.

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How do you handle project challenges that arise during execution?

When faced with project challenges, I prioritize open communication and swift problem-solving. I engage my team to identify root causes and develop actionable solutions. Flexibility is key, as it allows us to iterate and adapt our approach based on real-time feedback, ensuring project success.

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How do you keep up with trends in product management?

To stay current in product management trends, I regularly engage with professional networks, subscribe to industry publications, and attend workshops. I also value continuous learning, and I make it a point to leverage online platforms to enhance my knowledge about the latest tools and methodologies in the field.

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Describe your experience with product lifecycle management tools.

I have extensive experience with product lifecycle management tools such as Aha and Jira. These platforms help streamline our processes, offering critical insights into project timelines and resource allocation. I leverage these tools to ensure visibility across teams and to facilitate collaboration throughout the product lifecycle.

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What do you think is the most important quality in a successful Product Management Director?

A successful Product Management Director should possess strong strategic vision coupled with excellent communication skills. The ability to articulate product strategies clearly, engage stakeholders, and lead diverse teams is paramount. They should also be adaptable, ready to pivot based on market feedback and data insights.

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How do you approach stakeholder management?

My approach to stakeholder management involves proactive communication and relationship building. I take the time to understand their needs and expectations, ensuring they are regularly informed throughout the product development process. This helps build trust and alignment, ultimately leading to successful project outcomes.

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What strategies would you implement to improve product strategy execution?

To improve product strategy execution, I would implement regular performance reviews and feedback loops. Establishing key performance indicators helps in tracking success and identifying areas for adjustment early on. Additionally, fostering a culture of collaboration among cross-functional teams enhances our ability to execute efficiently.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 10, 2025

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