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Principal Product Manager

External
Inovalon logoInovalon · Office: Bowie
Full-timeOn-site1w ago
AgileData AnalysisForecastingPythonScrumSQL
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Responsibilities

  • GTM Modeling: Develop comprehensive Go-to-Market (GTM) models and strategies for new product launches, considering market dynamics, competitive landscape, customer segmentation, pricing strategies, and distribution channels.
  • Customer-Oriented Approach: Cultivate a deep understanding of customer needs, pain points, and preferences through market research, customer interviews, and data analysis. Utilize this insight to inform product strategy and prioritize features that deliver maximum value to customers.
  • Market Sizing: Conduct thorough market analysis and sizing exercises to identify target market opportunities, assess market potential, and inform strategic decision-making.
  • Healthcare Experience: Demonstrate a strong understanding of the healthcare industry landscape, including regulatory requirements, reimbursement models, healthcare IT infrastructure, and emerging trends such as value-based care and population health management.

Requirements

  • Bachelor's degree in a relevant field (e.g., Computer Science, Engineering, Business Administration), MBA or equivalent preferred.
  • 10+ years of experience in product management, with a focus on healthcare analytics, real-world data, or related fields.
  • Proven track record of successfully launching and managing complex products throughout the product lifecycle.
  • Strong analytical skills with proficiency in data analysis tools and techniques (e.g., SQL, Python, R, Tableau).
  • Excellent communication and interpersonal skills, with the ability to build rapport and influence stakeholders at all levels of the organization.
  • Demonstrated ability to thrive in a fast-paced, dynamic environment and effectively manage competing priorities.
  • Certification in Agile or Product Management (e.g., Scrum, Pro

Benefits

Health insuranceVision insurance

Additional Information

The Principal Product Manager is responsible for establishing deep product expertise from a product and market perspective by understanding buyer and user personas, features and functionality, ROI, value proposition, architecture, competitive landscape, voice of customer, and market trends. This person has strong communication and influencing skills and collaborates with cross-functional stakeholders (i.e. development, marketing, sales, implementation, client success, legal/risk, finance) in efforts to support their product(s) in market. This person is responsible for understanding the jobs to be done and leverages market intelligence, regulatory shifts, client feedback, and internal stakeholder feedback to define and prioritize enhancements (features or operational tools) and new products into a product roadmap. A Principal Product Manager is knowledgeable in the Agile framework and follows Agile processes in partnership with the Product Owner to write product requirements, communicate priorities for sprint and release plans, participates in backlog refinement and retrospectives. This role is also responsible for forecasting and tracking against budget, maintaining a product-level P&L, and tracking product key performance indicators (KPIs). The Principal Product Manager is the key business representative for our RWD product: defining its vision, guiding its direction, and ultimately seeing its fit into the market. In the Agile product development process, the product manager explores and represents the business needs of the user community. As the liaison between the development team and customers, the product manager must collaborate closely with both groups. We are seeking a candidate with a strong background in real-world data analytics, particularly within the healthcare industry. The ideal candidate will possess a unique blend of technical expertise, strategic vision, and customer-centric focus to drive the development and successful launch of innovative products that leverage real-world data to address critical healthcare challenges. This role requires proficiency in GTM modeling, market sizing, agile product lifecycle management, and the ability to engage with customers in product discovery and delivery discussions.


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