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Senior Product Manager (RWD)

Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building.

Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare’s greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve.

Location: Remote

Overview:

The Senior Product Manager is the key business representative for our RWD product: defining its vision, guiding its direction, and ultimately seeing its fit into the market. In the Agile product development process, the product owner explores and represents the business needs of the user community. As the liaison between the development team and customers, the product owner must collaborate closely with both groups. 

We are seeking a candidate with a strong background in real-world data analytics, particularly within the healthcare industry. The ideal candidate will possess a unique blend of technical expertise, strategic vision, and customer-centric focus to drive the development and successful launch of innovative products that leverage real-world data to address critical healthcare challenges. This role requires proficiency in GTM modeling, market sizing, agile product lifecycle management, and the ability to engage with customers in product discovery and delivery discussions.

Key Responsibilities:

  • GTM Modeling: Develop comprehensive Go-to-Market (GTM) models and strategies for new product launches, considering market dynamics, competitive landscape, customer segmentation, pricing strategies, and distribution channels.
  • Customer-Oriented Approach: Cultivate a deep understanding of customer needs, pain points, and preferences through market research, customer interviews, and data analysis. Utilize this insight to inform product strategy and prioritize features that deliver maximum value to customers.
  • Market Sizing: Conduct thorough market analysis and sizing exercises to identify target market opportunities, assess market potential, and inform strategic decision-making.
  • Data Analytics: Leverage advanced analytics techniques to extract actionable insights from real-world data sources, enabling evidence-based decision-making and product innovation. Collaborate with data scientists and analysts to develop predictive models, segmentation strategies, and performance metrics.
  • Healthcare Experience: Demonstrate a strong understanding of the healthcare industry landscape, including regulatory requirements, reimbursement models, healthcare IT infrastructure, and emerging trends such as value-based care and population health management.
  • Product Lifecycle Management: Drive the end-to-end product lifecycle from ideation to launch to optimization, following agile methodologies and best practices. Define product requirements, create user stories, prioritize backlog, and coordinate cross-functional teams to deliver high-quality products on time and within budget.
  • Customer Engagement: Serve as the primary point of contact for customers, engaging in strategic discussions, conducting product demonstrations, and addressing customer feedback and concerns. Effectively navigate tough conversations and negotiate win-win solutions to drive customer satisfaction and retention.
  • Management: will manage three direct reports

Qualifications:

  • Bachelor's degree in a relevant field (e.g., Computer Science, Engineering, Business Administration), MBA or equivalent preferred.
  • 5+ years of experience in product management, with a focus on healthcare analytics, real-world data, or related fields.
  • Proven track record of successfully launching and managing complex products throughout the product lifecycle.
  • Strong analytical skills with proficiency in data analysis tools and techniques (e.g., SQL, Python, R, Tableau).
  • Excellent communication and interpersonal skills, with the ability to build rapport and influence stakeholders at all levels of the organization.
  • Demonstrated ability to thrive in a fast-paced, dynamic environment and effectively manage competing priorities.
  • Certification in Agile or Product Management (e.g., Scrum, Product Owner) is a plus.

Physical Demands and Work Environment:

  • Sedentary work (i.e., sitting for long periods of time);
  • Exerting up to 10 pounds of force occasionally and/or negligible amount of force;
  • Frequently or constantly to lift, carry push, pull or otherwise move objects and repetitive motions;
  • Subject to inside environmental conditions; and
  • Travel for this position will include up to 10%.

Inovalon Offers a Competitive Salary and Benefits Package

In addition to the base compensation, this position may be eligible for performance-based incentives.

The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal equity.  At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.

Inovalon invests in associates to help them stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments. That’s why Inovalon offers a valuable benefits package with a wide range of choices to meet associate needs, which may include health insurance, life insurance, company-paid disability, 401k, 18+ days of paid time off, and more.

Base Compensation Range
$112,600$160,000 USD

If you don’t meet every qualification listed but are excited about our mission and the work described, we encourage you to apply.  Inovalon is most interested in finding the best candidate for the job, and you may be just the right person for this or other roles. 

By embracing inclusion, we enhance our work environment and drive business success. Inovalon strives to provide equal opportunities to the communities where we operate and to our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth. 

Inovalon is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement. 

To review the legal requirements, including all labor law posters, please visit this link

Average salary estimate

$136300 / YEARLY (est.)
min
max
$112600K
$160000K

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 Senior Product Manager (RWD), Inovalon

Join Inovalon as a Senior Product Manager for our RWD product team and play a pivotal role in transforming healthcare through innovative data-driven solutions. Inovalon, a pioneer in healthcare technology since 1998, believes in the power of data to elevate healthcare outcomes. As the bridge between our customers and development teams, your unique skills will guide the vision and direction of our real-world data offerings. We're looking for someone with solid experience in healthcare analytics who can harness the insights from complex data to inform product strategies. Your daily routine will involve developing comprehensive Go-to-Market strategies, understanding customer needs through interviews and market research, and collaborating with data scientists to produce actionable insights. You will manage the complete product lifecycle using Agile methodologies, ensuring we meet market needs efficiently. If you’re passionate about improving healthcare through real-world data and enjoy engaging with stakeholders to drive product innovation, this role is perfect for you. Plus, you’ll get the chance to lead a talented team, fostering a culture of creativity and collaboration. If you have a background in product management and thrive in a dynamic environment, we’d love for you to join our mission at Inovalon to make healthcare better for everyone.

Frequently Asked Questions (FAQs) for Senior Product Manager (RWD) Role at Inovalon
What are the key responsibilities of a Senior Product Manager at Inovalon?

As a Senior Product Manager at Inovalon, you'll be responsible for defining the vision of our real-world data product, guiding its market fit, and leading the agile product lifecycle. You will conduct market analysis, create Go-to-Market models, and ensure that the product development aligns with customer needs by collaborating closely with various stakeholders.

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What qualifications do I need for the Senior Product Manager position at Inovalon?

To be considered for the Senior Product Manager role at Inovalon, you need a Bachelor's degree in a relevant field and at least 5 years of experience in product management, primarily focusing on healthcare analytics or related fields. Proficiency in data analysis tools and strong analytical skills are also essential for this role.

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How does the Senior Product Manager role at Inovalon engage with customers?

In the Senior Product Manager position at Inovalon, you will serve as the primary point of contact for clients. This includes conducting product demonstrations, gathering feedback, and engaging in strategic discussions that ensure our solutions effectively address customer challenges while driving satisfaction and retention.

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What skills are important for a successful Senior Product Manager at Inovalon?

A successful Senior Product Manager at Inovalon should possess strong analytical skills, proficiency in data analysis tools, excellent communication abilities, and a solid understanding of the healthcare industry landscape. Familiarity with Agile methodologies and experience in managing product lifecycles are also crucial.

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What is the work environment like for a Senior Product Manager at Inovalon?

The work environment for a Senior Product Manager at Inovalon is dynamic and collaborative. This remote role involves working closely with cross-functional teams to ensure the successful development and launch of products that meet the needs of the healthcare sector, with an emphasis on innovation and customer-centric solutions.

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Common Interview Questions for Senior Product Manager (RWD)
Can you describe your experience with real-world data analytics relevant to the Senior Product Manager role?

In answering this question, highlight specific projects where you utilized real-world data to drive product decisions. Discuss the analytics tools you used and the impact your insights had on your previous projects.

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How do you approach market research when developing a new product strategy?

Detail your process for conducting market research, including how you gather customer feedback, analyze market trends, and incorporate competitive analysis into your product strategy – all crucial skills for a Senior Product Manager at Inovalon.

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What methodologies do you use for product lifecycle management?

Share your experience with Agile and other methodologies in managing the product lifecycle. Explain how you prioritize features, track progress, and adapt to changes based on customer needs, which is vital for this role.

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How do you ensure effective communication between your team and stakeholders?

Discuss your tactics for maintaining clear and consistent communication, including regular updates, setting expectations, and leveraging project management tools to foster collaboration among team members and stakeholders.

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Describe a challenging product launch you managed. What was the outcome?

Pick a situation that demonstrates your problem-solving skills and ability to navigate challenges. Highlight key metrics that show the success of the product post-launch and what you learned from the experience.

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How do you handle conflicting priorities when managing a product?

Outline your strategies for prioritization, including how you balance customer needs with business objectives and manage feedback from different stakeholders.

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What strategies do you use for developing Go-to-Market models?

Explain your approach to GTM modeling. Discuss how you assess market dynamics, prioritize customer segments, and set pricing strategies—key components to succeed in a Senior Product Manager position.

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How do you assess the success of a product after launch?

Discuss the metrics and KPIs you track to evaluate product performance. Emphasize the importance of customer feedback and data analysis in assessing the impact of your product on the market.

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What role does customer feedback play in your product development process?

Emphasize the significance of gathering and analyzing customer feedback to inform product features and improvements, demonstrating your customer-centric approach as a Senior Product Manager.

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How do you stay updated with the latest trends in healthcare technology?

Share your methods for staying informed, such as attending industry conferences, participating in webinars, or reading industry publications, underscoring your commitment to leveraging contemporary knowledge in your role.

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Inovalon Holdings, Inc., a technology company, provides cloud-based platforms empowering a data-driven transformation from volume-based to value-based models throughout the healthcare industry. The company through, large-scale data interconnectivi...

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Full-time, remote
DATE POSTED
April 16, 2025

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