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Principal Product Manager, Data & Analytics

The Principal Product Manager, Data and Analytics, is a pivotal role within our product team, focusing on identifying and driving market opportunities, developing data-driven solutions, advancing enterprise reporting and analytics capabilities, and managing financial performance of data-centric business cases. This position involves extensive collaboration with cross-functional teams, including business, technical, and data science stakeholders, to shape Vatica Health’s data and analytics strategy, vision, and roadmap. The Principal Product Manager serves as a strategic partner to guide and define priorities for data products, ensuring alignment with organizational goals, advanced analytics needs, and market trends. 

  

Responsibilities

Market Analysis and Strategy 

  • Conduct in-depth market research to identify emerging opportunities in data and analytics, assess competitive landscape, and align product strategy with trends in data science and artificial intelligence. 
  • Collaborate with stakeholders to define market entry strategies for data and analytics solutions, including target segmentation and positioning. 
  • Establish and monitor key performance indicators (KPIs) to track success of analytics capabilities and ensure alignment with organizational goals. 

Product Development and Launch 

  • Drive the lifecycle of data and analytics products from ideation through launch, ensuring products meet both internal and external customer needs. 
  • Define detailed product requirements and features for data and analytics solutions, aligning them with business goals and customer insights. 
  • Collaborate with data science and analytics teams to identify opportunities for AI and machine learning applications, and work with engineering teams to integrate these capabilities into Vatica solutions and offerings. 
  • Lead the design of analytics reporting and visualization capabilities to support actionable insights and data-driven decision-making. 

Lean Canvas / Business Case/Model Management   

  • Collaborate with finance and executive leadership to develop financial models & business case and manage financial impact on new and existing products.  
  • Set pricing and revenue targets with the Growth team, forecasting financial outcomes/impact and monitoring profitability across product lines for owned offerings.  
  • Regularly assess product KPI(s) performance, identifying areas for operational and cost optimization, reporting and analytic efficiencies, yield improvement, and growth. 

AI and Data Science Integration 

  • Partner with data science and analytic teams to evaluate and implement predictive analytics, risk stratification models, and AI-driven insights. 
  • Ensure healthcare-specific use cases, such as risk adjustment models (Medicare, Medicaid, ACA, MSSP/ACO REACH), are fully accounted for in all product solutions to ensure operational and clinical effectiveness. 

Stakeholder Collaboration and Communication 

  • Serve as the primary point of contact for data-related decisions, ensuring alignment across cross-functional teams including engineering, data science, marketing/sales, growth, compliance, and clinical operations. 
  • Lead stakeholder communications, providing updates on data initiatives, roadblocks, and strategy adjustments. 
  • Lead and present in Product Advisory Board (PAB) meetings to ensure alignment with broader organizational goals. 

Strategic Roadmap and Feature Prioritization 

  • Develop and maintain a data and analytics product roadmap within Aha!, ensuring alignment with organizational priorities and market needs. 
  • Define "definition of done" and "definition of ready" criteria for features and user stories, with a focus on data usability, accuracy, and scalability. 
  • Transparently design workflows for data pipelines, high-level mappings, reporting, and business processes to ensure efficient delivery of analytics features with minimal defects. 

Quality Assurance and Continuous Improvement 

  • Participate in User Acceptance Testing (UAT) and sprint demos, ensuring analytics features meet stakeholder requirements and “definition of done.” 
  • Use customer feedback to iterate on analytics features, improving user experience and ensuring alignment with market needs. 
  • Collaborate with architects and technical leads to address non-functional requirements, including scalability, performance, and security of data solutions. 

Experience and Education 

  • Bachelor's degree in data science, computer science, business, or related field; MBA or equivalent experience is a plus. 
  • 5+ years of experience in product management, with market analysis, product development, and financial management and demonstrated success delivering data, analytics, reporting, and AI solutions. 
  • Proven experience in managing P&L for product lines, developing financial models, and setting revenue targets. 2+ years of Healthcare Financials or TAM experience preferred.  
  • Demonstrated success in developing and shipping data-centric products, including data, analytics, reporting, and AI or machine learning solutions. 
  • Experience in software development environments, utilizing Agile methodologies with distributed teams. 

Industry Knowledge 

  • Deep understanding of data architecture, analytics tools, and visualization platforms (e.g., Power BI, Tableau). 
  • Strong knowledge of AI and machine learning concepts and their applications in healthcare and analytics. 
  • Experience working with healthcare datasets. 
  • Strong understanding of healthcare risk adjustment models (Medicare, Medicaid, ACA, MSSP/ACO REACH) is highly preferred. Quality and Stars knowledge is a plus. 
  • In-depth knowledge of market analysis, segmentation, and positioning within a SaaS environment.  
  • Strong understanding of financial forecasting, budgeting, and revenue management practices.  
  • Familiarity with healthcare-specific data regulations (e.g., HIPAA) and compliance requirements. 

 

Competencies

Data Insight and Financial Acumen 

  • Expertise in market dynamics and financial principles related to data-driven products. 
  • Strong ability to translate data insights into actionable product strategies and measurable outcomes. 

AI and Data Science Literacy 

  • Understanding of AI and machine learning methodologies and how they can enhance analytics capabilities especially in the context of healthcare data. 
  • Ability to collaborate effectively with data science and analytics teams to integrate predictive modeling and advanced analytics into the product suite. 

Collaborative Influence and Communication 

  • Builds partnerships with cross-functional teams, fostering collaboration and alignment with shared goals. 
  • Communicates technical and data concepts effectively to stakeholders at all levels. 

Adaptability and Strategic Vision 

  • Responds to changing data trends and organizational priorities, adjusting strategies in real-time to maintain a competitive advantage. 
  • Balances long-term data strategy with immediate analytics needs in a dynamic environment. 

Stakeholder Management and Conflict Resolution 

  • Anticipates and balances the needs of multiple stakeholders, ensuring fair and equitable prioritization of data initiatives. 
  • Skilled at navigating and resolving conflicts related to analytics requirements or priorities. 

Preferred Experience 

  • 4+ years of experience in healthcare risk adjustment or quality improvement, with a focus on data-driven initiatives. 
  • Hands-on experience with data visualization and reporting tools (e.g., Power BI, Tableau) and familiarity with cloud platforms like Azure or AWS for analytics. 

WORKING AT VATICA HEALTH ADVANTAGES

Prosperity

  • Competitive salary based on your experience and skills – we believe the top talent deserves the top dollar
  • Bonus Potential (based on role and is discretionary) – if you go above and beyond, you should be rewarded
  • 401k plans– we want to empower you to prepare for your future
  • Room for growth and advancement- we love our employees and want to develop within

Good Health

  • Comprehensive Medical, Dental, and Vision insurance plans
  • Tax-free Dependent Care Account
  • Life insurance, short-term, and long-term disability

Happiness

  • Excellent PTO policy (everyone deserves a vacation now and then)
  • Great work-life balance environment- We believe family comes first!
  • Strong supportive teams- There is always a helping hand when you need it

The salary for a position is typically determined by multiple factors such as the individual's qualifications, experience, skills, and location. The projected compensation range for the position may vary based on these factors and could range from $150,000 to $170,000(annualized USD). However, this estimate represents just one aspect of our total compensation package offered.

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What You Should Know About Principal Product Manager, Data & Analytics, Vatica Health

At Vatica Health, we are excited to welcome a Principal Product Manager for Data & Analytics to our innovative product team! This pivotal role is all about driving market opportunities and developing data-driven solutions that elevate our reporting and analytics capabilities. If you're passionate about shaping data strategies and collaborating with brilliant minds across business, technical, and data science teams, this is where you can make a real impact. Your day-to-day will involve conducting in-depth market research to identify new opportunities, collaborating on product lifecycles, and ensuring our analytics capabilities align with organizational goals. You'll partner closely with data science teams to uncover the potential of AI and machine learning in our solutions. We’re looking for someone with a strong background in healthcare financials and data-centric product management who can effectively communicate and influence stakeholders across the board. At Vatica Health, we believe in rewarding our talented team with competitive salaries, bonuses, and an exceptional work-life balance. If you're ready to take your career to the next level while making a difference in the healthcare sector, then we can't wait to meet you!

Frequently Asked Questions (FAQs) for Principal Product Manager, Data & Analytics Role at Vatica Health
What are the key responsibilities of a Principal Product Manager, Data & Analytics at Vatica Health?

As a Principal Product Manager, Data & Analytics at Vatica Health, your primary responsibilities will include conducting in-depth market research to identify opportunities, managing product development from ideation to launch, and collaborating with cross-functional teams to shape the data and analytics strategy. You will drive financial performance by managing business cases, set pricing and revenue targets, and lead efforts to integrate advanced analytics and AI into our solutions.

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What qualifications are required for the Principal Product Manager, Data & Analytics position at Vatica Health?

To qualify for the Principal Product Manager, Data & Analytics role at Vatica Health, candidates should have a Bachelor's degree in fields such as data science, computer science, or business, with an MBA preferred. You will need at least 5 years of experience in product management, particularly with data and analytics products, and a demonstrated ability to manage P&L and financial modeling. Experience in healthcare financials or risk adjustment is also beneficial.

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What skills are essential for success in the Principal Product Manager role at Vatica Health?

Success in the Principal Product Manager, Data & Analytics role at Vatica Health requires a deep understanding of data architecture and analytics tools, excellent communication skills for stakeholder management, and expertise in AI and machine learning methodologies. Additionally, financial acumen, adaptability to changing markets, and the ability to translate data insights into actionable strategies are crucial for driving product success.

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How does the Principal Product Manager contribute to data-driven decision-making at Vatica Health?

The Principal Product Manager, Data & Analytics at Vatica Health plays a crucial role in fostering a data-driven decision-making culture. By developing robust analytics capabilities and leading the design of reporting and visualization features, you will ensure that stakeholders have access to actionable insights. This includes establishing KPIs to measure product performance and continuously iterating based on user feedback to refine analytics features.

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What are the career growth opportunities for a Principal Product Manager at Vatica Health?

At Vatica Health, the Principal Product Manager, Data & Analytics role offers significant opportunities for career advancement. With a focus on professional development and internal mobility, successful candidates can expect to grow into more senior strategic positions or take on broader responsibilities that encompass other areas of product management or business strategy.

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Common Interview Questions for Principal Product Manager, Data & Analytics
Can you describe your experience in product management specific to data and analytics?

When answering this question, highlight specific examples of data-centric products you have managed, detailing the lifecycle from ideation to launch. Discuss how your market analysis skills contributed to successful product positioning and customer alignment, and be sure to mention financial implications and analytics capabilities.

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How do you prioritize product features for development?

To effectively answer this question, explain your approach to gathering stakeholder input and analyzing market trends. Specify your methods for establishing a feature prioritization framework that considers customer needs, business goals, and technical feasibility. Providing an example of a challenging prioritization scenario can also demonstrate your critical thinking.

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What strategies do you employ to ensure cross-functional collaboration?

Discuss specific strategies you've implemented in previous roles to foster collaboration between teams, such as regular progress updates, inclusive planning sessions, or establishing shared goals. Highlight the importance of communication and transparency in minimizing misunderstandings and ensuring alignment in data initiatives.

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How do you stay current with trends in data science and analytics?

In your response, mention any industry publications, conferences, or professional networks you engage in to stay informed. Additionally, discuss how you integrate learnings from these resources into your strategic decision-making as a product manager, ensuring your products are at the cutting edge of market trends.

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Describe a time when you had to manage a conflict among stakeholders regarding product direction.

Answering this question effectively requires you to provide a specific example of a conflict situation. Explain how you facilitated discussions between conflicting parties, sought to understand different perspectives, and ultimately guided the team towards a resolution that aligned with organizational objectives.

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What metrics do you consider most important in assessing product performance?

Here, aim to give insight into your understanding of relevant KPIs, such as user engagement rates, revenue growth, or customer satisfaction scores. Explain how you use these metrics to inform product strategy and optimization, providing an example of how specific metrics influenced your decision-making in a previous role.

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How do you incorporate user feedback into your product development process?

Highlight your methods for gathering and analyzing user feedback, such as surveys, interviews, or focus groups. Discuss how you synthesize this feedback to make informed decisions on product iterations or enhancements, showcasing your commitment to user-centered design and continuous improvement.

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Can you give an example of a successful product launch you've managed and the key factors that contributed to its success?

In answering this question, provide a detailed account of a product launch you spearheaded. Discuss the strategic planning, stakeholder engagement, marketing considerations, and how you monitored and adjusted post-launch performance to ensure success, emphasizing lessons learned.

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What role does financial analysis play in your product management approach?

Discuss how financial analysis informs every aspect of product management from pricing strategy and revenue forecasting to evaluating profitability and ROI. Provide specific examples of how you’ve used financial models to make critical product decisions in your past roles.

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How do you ensure the quality and reliability of data products?

In your response, outline the quality assurance processes you utilize in product development, including user acceptance testing (UAT) and performance assessments. Highlight the importance of collaboration with technical teams to ensure that product features meet non-functional requirements like scalability and security.

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Founded in 2011, Vatica Health is the leading provider-centric risk adjustment and quality of care solution for health plans and health systems. By pairing expert clinical teams with cutting-edge, HITRUST-certified technology at the point of care,...

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January 11, 2025

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