Product Director, Optum Rx, Product & Strategy (non-technical) – Remote
(Remote considered)
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact with an Early Careers research analyst opportunity on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.
This Senior Product Director role will be responsible for product development of assigned products in the Optum Rx product portfolio. As Optum Rx sources, vets and validates pharmacy care services and PBM product and business offerings, this role is critical in business case development, early-stage product design, development and execution of proofs of concept, market listening, and representation of products and concepts with all levels of the organization. You must be someone who can navigate through ambiguity to create clarity, set a vision and then gain organizational buy-in, lead by influence across functions, and have unrelenting passion to make a difference in health care.
This role will interface with Optum Rx functional partners, customers, sales and client management teams to design, develop and commercially launch product solutions for new and existing customers across multiple market segments. Skills the role must leverage include strategic thinking, understanding patient and client needs, quantitative analysis, collaboration, decision making and leadership. This role is expected to partner effectively with operations, IT, marketing, finance, sales and other functional areas, and lead cross-functional teams to develop and launch new or enhanced products. This role will focus on product initiatives at various stages of development, ranging from early ideation to in market launch, spanning across PBM and pharmacy care services. This is a manager role, leading a team of Senior Product Managers, each responsible for developing a portfolio of business concepts.
You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.
Primary Responsibilities:
- Lead a high performing team of Sr. Product Managers, offering day to day guidance, leadership support and strategic decision making to move product development initiatives forward
- Story telling through power point presentations to socialize product vision, build consensus and buy in across cross functional leaders
- Define and execute against product roadmaps, and drive near and long-term future enhancements that increase product value over time
- Collect, analyze and present market data (e.g., internal performance, client, competitor) in order to identify new product opportunities for the business
- Build financial models and business cases for each new product. Forecast revenue or savings opportunities associated with product development initiatives. Identify investments in development necessary to test, learn, and build
- Champion product strategies complete with market intelligence, competitive landscape, customer insights, value proposition design, and financial rigor
- Drive and manage high-quality execution across organizational lines
- Serve as a subject matter expert to internal stakeholders on specific marketplace and product topics
- Support sales & account management for key client activities, including delivering client presentations
- Navigate, influence and collaborate with internal leaders and external partners to gain an understanding of business needs and adapt product strategy, priorities, and business plans accordingly
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
- 6+ years product management, design and execution experience (non-technical product) within a large matrix organization, with at least 2 years within Health Care industry, pharmacy, PBM or pharmaceutical manufacturer
- 2+ years of successfully leading a high performing Product team
- Experience defining and executing against product roadmaps, achieving goals in an ambiguous and matrixed work environment
- Experience building financial models and business cases, forecasting revenue or savings opportunities associated with product development initiatives
- Experience evaluating market intelligence, competitive landscape, customer insights, and value proposition design to build new product strategies
- Experience developing and delivering formal Power Point presentations, storytelling to senior leaders and clients
- Experience working collaboratively to influence and drive initiatives forward
- Experience interacting with senior leaders and representing workstream progress and recommendations to an executive audience
- Effective communication with all levels of the organization
- Proficiency with MS Office applications
- Ability to travel up to 10%
Preferred Qualification:
- Experience in start-up, corporate new ventures, innovation team or other entrepreneurial work
*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy
California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, Washington, Washington, D.C. Residents Only: The salary range for this role is $122,100 to $234,700 annually. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.
Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
UnitedHealth Group is a drug – free workplace. Candidates are required to pass a drug test before beginning employment.
Additional Job Detail Information
Requisition Number 2251558
Business Segment Optum
Employee Status Regular
Job Level Director
Travel Yes, 25 % of the Time
Country: US
Overtime Status Exempt
Schedule Full-time
Shift Day Job
Telecommuter Position Yes
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