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Director, Product Management Cross-Market Strategy

Director, Product Management Cross-Market Strategy

Inovalon, Inc.Bowie, MD, United States
2 days ago
Job type
  • Full-time
Job description

Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building.

Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare's greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve.

Overview : TheDirector, Product Management(Cross Market strategy)willprovide leadership inthe development and execution of business strategy for the Company's product growth across multiple solutions / services.Contributinginputsinto financial forecasts and results,this rolewill transform business and market strategies into solutions for problems that are urgent, pervasive and that the market will pay to solve.This Directorwillownmarket research and infuse thought leadership across business unitsthatinvolve the provider sideand cross-functional teams throughout product development, launch, and ongoing service provision. In addition to the performance of such other services assigned or delegated by the Company, this Director ofPMwill communicate to key stakeholders, including the Executive Leadership Team, and will engage with customers and business partners to understand new market needs, as well asdefineroadmaps, product requirements, operational standardsfor execution and sales.This personwill demonstrate technical expertise, as well as product management discipline, to bring cutting-edge solutions and assets to market, resulting in delighted customers and sustained growth.

Duties and Responsibilities :

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  • For commercially facing solutions / services,own designofa strategic, multi-year business plan and blueprint to meet the product goals around key metrics (e.g., revenue, EBIDTA)
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">
  • Alignwith ELT onstrategic initiatives and prioritization of cross-BUproduct / dev products.
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="3" data-aria-level="1">
  • Facilitatea regular review / update cadence (no less than quarterly) andhelp ensurerevenue attainment
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="4" data-aria-level="1">
  • Conductsresearchand works with cross functional teamsto evaluate market landscape, technologies, industry, and competitive trends
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="5" data-aria-level="1">
  • Engage with customers,users,internal stakeholders, and business partners todrive requirements and roadmap and product vision, while understanding the Company's distinctive competencies
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  • Own functional requirements, User Journeys, workflows and use case scenarios,prioritization of requirements, tradeoffs based onpartnering with Engineering
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  • Provide market-driven requirementstoengineering fora long-term scalable architecture
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="8" data-aria-level="1">
  • Work closely with UX designers to develop software and data solutions that will delight users
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="9" data-aria-level="1">
  • Own completeness and review of all scoped requirements at the release and product portfolio level and maintenance of all requirements inAgile-development tools such asADO,Sharepoint, Figmaor similartechnology products
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="10" data-aria-level="1">
  • Maintaina published roadmap outlining ideas, value, and timing of those to market, as well as the fit within the product portfolio
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  • Design and / or partner on solutions and services - driving early-stage technologies, supporting design-led research, reviewing prototype development, andfinalizingfit into the product portfolio
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  • Contribute toidentificationand evaluation ofpotential third-party partnerships on an ongoing basis
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  • Ownpricing and distribution strategy and definition
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  • Support definition ofcontract terms and templates and ensure solution / service compliance, including data policies, during definition and early-stage phases
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  • SupportProductMarketingrelativeto positioning, messaging, and launch of solutions / services;
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  • Support Operations and Customer Supportrelativeto executionand customer satisfaction
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  • Support Sales and Customer Success, on opportunity development and closure - when complexity and need for subject matterexpertiseare present
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  • Maintain compliance withInovalon'spolicies,proceduresand mission statement, including HIPAA and other confidentiality requirements
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  • Fulfill those responsibilities and / or duties that may bereasonably providedby Inovalon for the purpose of achievingoperationaland financial success ofthe Company.
  • Job Requirements :

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  • 10+ yearsHealthcare experience in provider,payerand / or pharma
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">
  • 10+yearsexperienceinproduct management,leading product management business strategy, financial / business modeling and analysis, business plan development, market / industry research, and competitive analysis
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  • Visionary leader, ability to manage a "whole product" and lead virtual teams
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="4" data-aria-level="1">
  • Experience writing specs,creating a roadmap, driving engineering
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  • Cloud-based product acumen
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="6" data-aria-level="1">
  • Experience working with healthcare data& defining novel healthcare workflows
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="7" data-aria-level="1">
  • Self-starter and'Get things done attitude' along with great organizational skills
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="9" data-aria-level="1">
  • Proventrack recordin building new software products and introducing them tomarket;
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="10" data-aria-level="1">
  • Mastery of Agile process,ADO,Sharepoint, Copilotor similar tools
  • Education :

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  • Bachelor's Degreeisrequired;and
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">
  • Master'sdegree in related fields is highly desired.
  • Physical Demandsand Work Environment :

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  • Sedentary work (i.e.,sitting forlong periodsof time);
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">
  • Exerting up to 10 pounds of force occasionally and / or negligible amount offorce;
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="3" data-aria-level="1">
  • Subjectto insideenvironmental conditions; and
  • ","469777815" : "hybridMultilevel"}" data-aria-posinset="4" data-aria-level="1">
  • Travel for this positionmay be seasonalforspecific product lineswhichmay lead to concentrations of travel during specific periods of theyear, butgenerally shouldnot exceed 25% on an annual basis.
  • Inovalon Offers a Competitive Salary and Benefits Package

    In addition to the base compensation, this position may be eligible for performance-based incentives.

    The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge / skills, experience, business needs, geographical location, and internal equity. At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.

    Inovalon invests in associates to help them stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments. That's why Inovalon offers a valuable benefits package with a wide range of choices to meet associate needs, which may include health insurance, life insurance, company-paid disability, 401k, 18+ days of paid time off, and more.

    Base Compensation Range

    $149,100 — $200,000 USD

    This position is not eligible for immigration sponsorship (e.g. H-1B, TN, or E-3). Applicants must be authorized to work in the United States as a condition of employment. (This is only applicable for US-based positions)

    If you don't meet every qualification listed but are excited about our mission and the work described, we encourage you to apply . Inovalon is most interested in finding the best candidate for the job , and you may be just the right person for this or other roles.

    By embracing inclusion , we enhance our work environment and drive business success. Inovalon strives to provide equal opportunit ies to the communities where we operate and to our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.

    Inovalon is proud to be an equal opportunity workplace . We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or v eteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.

    To review the legal requirements, including all labor law posters, please visit this link

    To review the California Consumer Privacy Statement : Disclosures for California Residents, please visit this link

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    Director Product Management • Bowie, MD, United States

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