Product Portfolio & Innovation Mgr - 003698

Company: Univera Healthcare
Location: Rochester
Posted on: January 13, 2021

Job Description:

The Lifetime Healthcare Companies aims to attract the best talent from diverse socioeconomic, cultural and experiential backgrounds, to diversify our workforce and best reflect the communities we serve.Our mission is to foster an environment where diversity and inclusion are explicitly recognized as fundamental parts of our organizational culture. We believe that diversity of thought and background drives innovation which enables us to provide leading-edge healthcare insurance and services. With that mission in mind, we recruit the best candidates from all communities, to diversify and strengthen our workforce.OUR COMPANY CULTURE:Employees are united by our Lifetime Way Values & Behaviors that include compassion, pride, excellence, innovation and having fun We aim to be an employer of choice by valuing workforce diversity, innovative thinking, employee development, and by offering competitive compensation and benefits.In support of the Americans with Disabilities Act, this job description lists only those responsibilities and qualifications deemed essential to the position.SummaryThe Product Portfolio and Innovation Manager is a strategic role that leads the development of the multiyear product strategies for the health plan and other service offerings. This Strategist role will perform an assessment based on research and make a recommendation on what product offerings should be made and to whom to market them. The Product Portfolio and Innovation Manager is responsible for the creation of a multiyear product roadmap and is accountable for the strategies to package/promote a profitable market share throughout the product lifecycle.Essential Responsibilities/Accountabilities--- Leads the development of multi-year product strategies.--- Creates and manages the multi-year product roadmap that supports Line of Business strategies for Commercial, Retail Markets and SafetyNet.--- Provides strategic leadership across Portfolios of products.--- Collaborates with cross functional business partners to collect and review new product ideas.--- Leverages market, competitive intelligence, customer feedback and membership trend data to manage the product portfolio on an ongoing basis.--- Develops data-driven recommendations in partnerships with key stakeholders including Sales, Product Management, Health Care Network Management, Operations and Finance. --- Develops business case, competitive analysis, portfolio analysis, customer validation, product roadmap definition and go-to-market requirements.--- Conducts financial modeling and forecasting to support the development of business cases.--- Leverages internal market research resources to test and vet new product concepts and/or features.--- Leads the identification, understanding and evaluation of advantages, and potential opportunities and emerging trends.--- Develops strategies to leverage clinical cost savings initiatives to reduce product costs and improve population health.--- Formalizes a consistent strategic framework and approach for Product development through which all ideas and opportunities are evaluated.--- Determines success metrics for products and follow-up with post-mortem analysis of product misses, based on customer feedback.--- Facilitates the process to collect and prioritize innovating ideas.--- Collaborates with Product Development Managers to produce metrics to track product investments versus revenue.--- Collaborates with Product Development Managers to align strategies to ensure competitive product positioning, profitability and responsive to community and market needs.--- Works with Marketing to produce effective promotional campaigns, sales tools presentations, ROI analysis, collateral, etc.--- Works in partnership with the digital team to recommend prioritized digital capabilities and offerings and aligns with their respective markets and member segments.--- Communicates frequently with leadership team and internal stakeholders at all levels to develop informed strategies and deliver closed-loop evaluation of product performance.--- Ensures the product strategies support the company---s overall strategy and mission, including financial and operational objectives.--- Supports evolving business line portfolios to deliver membership targets and designing a competitive portfolio.--- Provides input to the strategic development of the benefit plans and process.--- Consistently demonstrates high standards of integrity by supporting Lifetime Healthcare Companies--- mission and values, adhering to the Corporate Code of Conduct and leading to the Lifetime Way values and beliefs.--- Consistently demonstrates the Lifetime Way Values and Behaviors.--- Regular and reliable attendance is required.--- Performs other functions as assigned by management.QualificationsBachelor---s Degree in Health Planning, Business Administration, Marketing or related field with 4 years related experience. In lieu of a degree, 10 years related experience is required.Demonstrated ability to think strategically and design strategic plansAbility to provide strategic direction on specific initiatives.Strong analytical skills and use of data to drive decisions.Strong Communication Skills.Experience in Product strategy and Product development preferredPhysical Requirements--- Ability to independently travel across the regions as needed.Equal Opportunity EmployerQualificationsEDUCATIONBachelors or better in Business Administration or related fieldBachelors or better in Health/Wellness or related fieldBachelors or better in Marketing or related fieldJob SummaryRequisition Number: PRODU05474Job Category: Mgr - FunctionSchedule: Full-Time

Keywords: Univera Healthcare, Rochester , Product Portfolio & Innovation Mgr - 003698, Other , Rochester, New York