VP, Product Strategy & Innovation

LexisNexis Risk Solutions; Pennsylvania; On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a visionary leader for their Product Strategy & Innovation team. This role involves steering the strategic vision for a suite of healthcare products, ensuring alignment with business objectives and customer needs. The ideal candidate will have extensive experience in product strategy, coupled with a strong track record of leading high-performing teams. In this collaborative environment, you will inspire innovation, foster stakeholder relationships, and drive product success through effective execution and strategic insights. Join a forward-thinking company dedicated to transforming healthcare outcomes while prioritizing privacy and security.

Benefits

401(k) with match

Wellness platform with incentives

Employee Assistance Programs

Paid Time Off

Family Care Leaves

Qualifications

• 15+ years in product strategy/management, with 5+ years leading a team.
• Strong understanding of software development processes and agile methodologies.

Responsibilities

• Define and communicate product vision and strategy aligned with company goals.
• Build and lead a high-performing product strategy team.

Skills

Product Strategy

Leadership

Stakeholder Management

Agile Methodologies

Healthcare Market Trends

Education

Advanced degree in Business or Healthcare

Job description

• Location: Chesterbrook, Pennsylvania, United States of America
• Contract Type: Regular
• Schedule: 40
• Job ID: R90692

About the Business:

LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Healthcare vertical, our solutions focus on transforming operations and improving health outcomes across the healthcare industry. While our solutions are centered around robust data assets, we also leverage sophisticated technology, applied analytics and deep healthcare expertise while ensuring the highest standards of privacy and security to help healthcare organizations make confident decisions and solve complex challenges. You can learn more about LexisNexis Risk at the link below https://risk.lexisnexis.com/healthcare

About our Team:

The Product Strategy Team understands that great products are the result of true collaboration. They understand that we need to make mistakes to learn, but we need to make them quickly and mitigate the risks. They understand the need for continuous innovation.

About the Role:

The VP of Product Strategy & Innovation is responsible for harnessing the strategic vision and roadmap for the LexisNexis Risk Healthcare suite of products, ensuring that they align with the overall business objectives and customer needs. As a member of the Senior Leadership Team and reporting directly to the President & General Manager, this leader will focus on Vision, Execution and Culture.

Responsibilities:

• The Product Strategy leader must be able to inspire and motivate the organization to get everyone moving in the same direction. This is what drives and sustains alignment.
• The Product Strategy leader must be able to execute consistently, rapidly, and effectively. The person certainly should be an expert on modern forms of product planning, but execution also means that they know how to work effectively as part of our organization with respect to stakeholder management and evangelism. This includes but is not limited to confidently aligning strategy into technology.

Key Responsibilities:

• Define and communicate the product vision and strategy in alignment with the company’s overall goals and market trends.
• Collaborate with senior leadership to prioritize product initiatives and allocate resources effectively.
• Develop and implement GTM strategies and execution across multiple product lines.
• Foster an environment that leverages insights to drive product investments, feature prioritization, and customer-centric decision making.
• Make appropriate tradeoffs to optimize time-to-market.
• Define, monitor, and track KPIs and develop concrete points of view on insights to present to leadership and the organization as a whole.
• Collaborate closely with internal stakeholders, including executive leadership, product management, engineering, marketing, sales, and customer success, to ensure alignment and shared objectives.
• Act as a trusted advisor to key stakeholders, providing strategic product insights and recommendations.
• Become the ‘heat-shield’ for escalations freeing up the product teams to focus on the day-to-day decisions that maintain momentum.
• Build and lead a high-performing product strategy team, providing mentorship, guidance, and support.
• Identify and develop talent, ensuring the team has the skills and resources needed to achieve objectives.
• Evangelize a culture of collaboration, innovation, and continuous improvement within the product function.

Preferred Skills and Requirements:

• 15+ years of experience in product strategy, product management, or related roles in healthcare, life sciences, or technology sectors with 5+ years of experience leading a Product organization.
• Proven experience is achieving product outcomes leading to successful business performance: measured in product revenue, product margin and product retention rates.
• Excellent leadership and team management skills, with the ability to inspire and motivate a high-performing team.
• Track record of identifying and cultivating talent, working continuously to address their weaknesses and exploit their strengths.
• Demonstrated ability to effectively engage with customers, partners, and other external stakeholders at various hierarchy levels, from C-level executives to technical individuals.
• Strong understanding of software development processes, agile methodologies and technology best practices.
• Deep understanding of healthcare market trends, clinical trials, or life sciences is a plus.
• Advanced degree in Business, Healthcare, Life Sciences, or a related field preferred.

We know that your wellbeing and happiness are key to a long and successful career. These are some of the benefits we are delighted to offer:

• Retirement Benefits: 401(k) with match and an Employee Share Purchase Plan.
• Wellbeing: Wellness platform with incentives, Headspace app subscription, Employee Assistance and Time-off Programs.
• Short-and-Long Term Disability, Life and Accidental Death Insurance, Critical Illness, and Hospital Indemnity.
• Family Benefits, including bonding and family care leaves, adoption and surrogacy benefits.
• Health Savings, Health Care, Dependent Care and Commuter Spending Accounts.
• In addition to annual Paid Time Off, we offer up to two days of paid leave each to participate in Employee Resource Groups and to volunteer with your charity of choice.

We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law. We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form or please contact 1-855-833-5120. EEO is the Law Supplement. Pay Transparency.