Product Manager - Pharmacy

Valenz Group; Phoenix (AZ); Remote; USD 130,000 - 170,000; Full time

Benefits offered by this job

Medical, Dental, Vision insurance

HSA/FSA options

401K with company match

Flexible working environment

Paid time off

Employee assistance program

Paid maternity/paternity leave

Pet insurance

Employee discounts

Job summary

Valenz Health is seeking a Product Manager for Pharmacy to lead the strategy, roadmap, and evolution of the Pharmacy Solutions portfolio, including Bluebook Rx, IHM, Infusion Therapy, and related cost-management solutions. You will own the portfolio, identify market opportunities, and drive investments from strategy through delivery and adoption.

You will collaborate across Product, Clinical, Technology, Data & Analytics, Operations, Sales, Marketing, Client Success, and external pharmacy

Qualifications

• 5+ years of experience in Product Management, healthcare technology, pharmacy benefits, digital health, or a related healthcare field.
• Experience defining product strategy, managing roadmaps, and leading cross-functional initiatives from concept through implementation and market adoption.
• Experience working with healthcare products that involve complex operational, clinical, technical, or regulatory requirements.
• Experience in self-funded healthcare, pharmacy benefits, PBM, specialty pharmacy, or pharmacy cost-management solutions.
• Strong analytical and financial acumen, including experience evaluating product performance and developing business cases.
• Ability to translate customer, market, and business needs into clear product priorities and scalable solutions.
• Strong communication, presentation, collaboration, and stakeholder management skills.
• Ability to work effectively across Product, Technology, Clinical, Operations, Data, Sales, Marketing, and client-facing teams.

Responsibilities

• Own the vision, strategy, roadmap, and business objectives for the Valenz Health Pharmacy Solutions portfolio.
• Identify pharmacy trends, market opportunities, regulatory developments, competitive activity, and customer needs that shape product strategy and investment priorities.
• Bring the perspectives of employers, health plans, brokers, consultants, clinicians, and members into product development and roadmap decisions.
• Translate product strategy into prioritized initiatives, product capabilities, MVPs, release plans, and phased delivery strategies.
• Partner across Technology, Clinical, Data & Analytics, Pharmacy Operations, UX, and other teams to develop scalable solutions that deliver measurable clinical, financial, and customer value.
• Lead strategic relationships with pharmacy partners, including PBMs, specialty pharmacy providers, clinical vendors, data providers, and technology partners.
• Evaluate build-versus-buy opportunities, partnerships, and third-party solutions that strengthen and expand the Pharmacy Solutions portfolio.
• Partner with Sales, Client Success, Marketing, and Implementation on product positioning, go-to-market strategy, sales enablement, deployment, adoption, and long‑term value realization.
• Serve as the internal subject matter expert for the Pharmacy Solutions portfolio, clearly communicating product strategy, roadmap priorities, capabilities, and performance.
• Define and monitor product performance across pharmacy savings, utilization, engagement, adoption, retention, financial performance, and clinical outcomes.
• Use customer, product, clinical, and financial data to identify opportunities for improvement and build business cases for new capabilities, partnerships, and investments.
• Coordinate product readiness across technology, operations, implementation, partner enablement, go-to-market execution, and customer adoption.
• Partner with Legal, Compliance, Clinical Leadership, and Information Security to ensure new capabilities, data use, AI applications, and third-party partnerships meet applicable regulatory, privacy, security, and contractual requirements.

Skills

Product Management

Healthcare technology

Cross-functional collaboration

Analytical skills

Stakeholder management

Education

Bachelor’s degree

Job description

Välenz Health® is the destination for employers, brokers, payers, and providers to reduce costs, improve quality, and elevate the healthcare experience. Through advanced technology and clinical expertise, Valenz creates a distinctly different approach to a complex healthcare system. With our solutions, we execute across the entire healthcare journey - from member experience to payment integrity, provider quality, and plan performance. With one of America’s largest cost, quality and utilization datasets, we create greater transparency, flexibility, and cost containment - empowering members and employers with the information they need to make smarter, more cost-effective decisions.

About This Opportunity:

As the Product Manager, Pharmacy, you’ll lead the strategy, roadmap, and evolution of Valenz Health’s Pharmacy Solutions portfolio, including Bluebook Rx, Valenz Integrated Health Management (IHM), Infusion Therapy, and related pharmacy cost-management solutions. You’ll serve as the business owner for the portfolio, identifying market opportunities, prioritizing investments, and bringing solutions from strategy through delivery and adoption.

You’ll work across Product, Clinical, Technology, Data & Analytics, Operations, Sales, Marketing, Client Success, and external pharmacy partners to build and evolve solutions that reduce pharmacy spend while improving member outcomes and delivering meaningful value to our clients.

Things You’ll Do Here:

• Own the vision, strategy, roadmap, and business objectives for the Valenz Health Pharmacy Solutions portfolio.
• Identify pharmacy trends, market opportunities, regulatory developments, competitive activity, and customer needs that shape product strategy and investment priorities.
• Bring the perspectives of employers, health plans, brokers, consultants, clinicians, and members into product development and roadmap decisions.
• Translate product strategy into prioritized initiatives, product capabilities, MVPs, release plans, and phased delivery strategies.
• Partner across Technology, Clinical, Data & Analytics, Pharmacy Operations, UX, and other teams to develop scalable solutions that deliver measurable clinical, financial, and customer value.
• Lead strategic relationships with pharmacy partners, including PBMs, specialty pharmacy providers, clinical vendors, data providers, and technology partners.
• Evaluate build-versus-buy opportunities, partnerships, and third-party solutions that strengthen and expand the Pharmacy Solutions portfolio.
• Partner with Sales, Client Success, Marketing, and Implementation on product positioning, go-to-market strategy, sales enablement, deployment, adoption, and long‑term value realization.
• Serve as the internal subject matter expert for the Pharmacy Solutions portfolio, clearly communicating product strategy, roadmap priorities, capabilities, and performance.
• Define and monitor product performance across pharmacy savings, utilization, engagement, adoption, retention, financial performance, and clinical outcomes.
• Use customer, product, clinical, and financial data to identify opportunities for improvement and build business cases for new capabilities, partnerships, and investments.
• Coordinate product readiness across technology, operations, implementation, partner enablement, go-to-market execution, and customer adoption.
• Partner with Legal, Compliance, Clinical Leadership, and Information Security to ensure new capabilities, data use, AI applications, and third-party partnerships meet applicable regulatory, privacy, security, and contractual requirements.

Reasonable accommodation may be made to enable individuals with disabilities to perform essential duties.

What You’ll Bring to the Team:

• 5+ years of experience in Product Management, healthcare technology, pharmacy benefits, digital health, or a related healthcare field.
• Experience defining product strategy, managing roadmaps, and leading cross-functional initiatives from concept through implementation and market adoption.
• Experience working with healthcare products that involve complex operational, clinical, technical, or regulatory requirements.
• Experience in self-funded healthcare, pharmacy benefits, PBM, specialty pharmacy, or pharmacy cost-management solutions.
• Strong analytical and financial acumen, including experience evaluating product performance and developing business cases.
• Ability to translate customer, market, and business needs into clear product priorities and scalable solutions.
• Strong communication, presentation, collaboration, and stakeholder management skills.
• Ability to work effectively across Product, Technology, Clinical, Operations, Data, Sales, Marketing, and client-facing teams.

A plus if you have…

• Bachelor’s degree in Business, Healthcare Administration, Pharmacy, Product Management, Health Informatics, or a related field.
• Experience working with healthcare partners such as PBMs, TPAs, health plans, employers, brokers, consultants, or pharmacy vendors.
• Knowledge of key pharmacy cost drivers, including benefit design, specialty medications, infusion therapy, pricing, rebates, and formulary management.
• Experience using healthcare or pharmacy data to evaluate product performance and identify opportunities for improvement.

Where You’ll Work:

This is a fully remote position, and we’ll provide all the necessary equipment!

• Work Environment: You’ll need a quiet workspace that is free from distractions.
• Technology: Reliable internet connection - if you can use streaming services, you’re good to go!
• Security: Adherence to company security protocols, including the use of VPNs, secure passwords, and company-approved devices/software.
• Location: You must be US based, in a location where you can work effectively and comply with company policies such as HIPAA.

Why You’ll Love Working Here

Our mission is to advance healthcare through technology and expertise to optimize cost, quality, access, and utilization for all. We bring that mission to life through our commitment to Collaboration, Performance, Transparency, and Trust—the core values that guide how we work with our members, our customers, and each other.

Benefits

• Generously subsidized company-sponsored Medical, Dental, and Vision insurance, with access to services through our own products, Healthcare Blue Book and KISx Card.
• Spending account options: HSA, FSA, and DCFSA.
• 401K with company match and immediate vesting.
• Flexible working environment.
• Generous Paid Time Off to include vacation, sick leave, and paid holidays.
• Employee Assistance Program that includes professional counseling, referrals, and additional services.
• Paid maternity and paternity leave.
• Pet insurance.
• Employee discounts on phone plans, car rentals and computers.
• Community giveback opportunities, including paid time off for philanthropic endeavors.

At Valenz, we celebrate, support, and thrive on inclusion, for the benefit of our associates, our partners, and our products. Valenz is committed to the principle of equal employment opportunity for all associates and to providing associates with a work environment free of discrimination and harassment. All employment decisions at Valenz are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, national, social, or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. We will not tolerate discrimination or harassment based on any of these characteristics.