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An established industry player is seeking a strategic product manager to develop innovative healthcare solutions. This role involves understanding local market dynamics and formulating data-driven strategies to enhance product positioning. The ideal candidate will leverage extensive experience in healthcare benefits and financial arrangements to guide cross-functional teams and drive product-related initiatives. With a focus on compliance and market trends, you'll play a pivotal role in shaping the future of healthcare solutions. Join a collaborative environment that values your contributions and offers competitive pay and comprehensive benefits.
At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.
As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.
Position Summary
This position is responsible for the development of market-leading product and program strategies that balance enterprise and local market goals for growth and profitability, coupled with consultative guidance to ensure optimal product positioning.
Responsibilities Include:
- Thorough understanding of local market dynamics, including competitive landscape, regulatory requirements, and provider network arrangements
- Maintain market-specific product portfolios that align with enterprise and local market strategies for sales and retention
- Ensure compliance with state and federal regulatory requirements
- Provide support to local market teams (Sales, Account Management and Sales Support) to address and resolve barriers to sale, which will include consultative guidance for specific sales opportunities
- Represent local market voice in development of new products & programs
- Provide education / training for market and business partner teams, including development of specialized resource materials
- Leverage knowledge of competitive threats to provide strategic product positioning guidance
- Formulate data-driven recommendations to improve mitigate adverse trends
- Lead cross-functional teams in executing product-related initiatives
- Represent team in forums and projects outside the Commercial Product organization
- Maintain knowledge of trends impacting the healthcare industry
- Leverage technology to improve efficiency and speed to market
*Position may sit anywhere remote or hybrid depending on candidate location and proximity to a major hub location.
Required Qualifications
- 5+ years' experience working in health care benefits, plan design, administration, financial arrangements
- Intellectual curiosity to unlock new solutions to business challenges
- Experience interpreting healthcare data and business financials to derive strategic recommendations
- Proficiency in Excel and PowerPoint
Preferred Qualifications
- Project Management
- Experience with AI tools & capabilities
Education
- Bachelor's degree preferred/specialized training/relevant professional qualification.
Pay Range
The typical pay range for this role is:
$75,400.00 - $182,549.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include: