Healthcare Product Manager Jobs

Position Name: Program & Portfolio Management - Product Portfolio Manager

Work Location: Owings Mills 2

City & State: Owings Mills, Maryland ( Hybrid) once a week

The Product Manager - Lifecycle is responsible for championing and growing product lines to meet financial goals and align with our brand and user experience. Product Manager - Product Developmentwill conceive of and produce executive level product analyses and recommendations for Senior Leadership that include what products to retain and what products to retire based on data. They will produce competitive product and pricing analyses to demonstrate areas of opportunity and implement strategies to capture those opportunities within assigned product lines. The Product Manager - Lifecycle is responsible for coordinating the activities required to bring the product to market and mitigates issues related to pricing, operations, distribution, and the sale of products within their assigned portfolio. They will apply professional knowledge to resolve any issues by aligning solutions with organizational policies and procedures.

ESSENTIAL FUNCTIONS:

Serve as a representative building relationships with other departments to collaboratively propose and partner on product development and implementation to introduce new product components or enhance existing products or product lines. Collaborate on resolving operational issues related to maintaining product levels and achieving organizational goals.

Partner with Manager, Product Lifecyle and Director, Product Life Cycle to identify short and long-range strategies as well as resources needed for product expansion and contraction within organization. View product portfolio comprehensively to assess the breadth and depth of product offerings. Provide product insight and direction to optimize new product launches. Conduct and manage primary and secondary market research products, including partnering with marketing and sales to leverage findings into successful product launch.

Analyze data and make strategic recommendations including recommending pricing strategies, and monitoring budget and expenditures. Analyze, interpret, and translate data both internally and externally to understand target markets and opportunities. Monitor the market; competitive, technology, and regulatory environments. Perform operational tasks within the product lifecycle to include new product introduction, planning and scheduling, availability, and dashboard management.

SUPERVISORY RESPONSIBILITY:

Individual Contributor - Position does not have direct reports but is expected to assist in guiding and mentoring less experienced staff. May lead a team of matrixed resources.

SCOPE

Freedom to Act

Work is accomplished with limited direction. Determines and develops approach to solutions. Work is evaluated upon completion to ensure objectives have been met.

Problem Complexity and Problem Solving Timeframes

Provides resolution to an assortment of problems that are typically well defined, but some clarification or judgment is required to determine action, as additional information about the problem / task is discovered. Uses judgment within defined practices / procedures to determine appropriate action. Problem/Task resolution timeframe: Inclusive of shorter timeframes, but the majority of tasks take up to several weeks to resolve.

Level of Supervision Received

Functions independently within broad scope of established departmental policies/practices; generally refers specific problems to supervisor only where clarification of departmental operating policies/procedures may be required.

Impact

Failure to achieve results or erroneous judgments may require the allocation of additional resources to correct and / or achieve goals.

Contact with Others

Frequently inter-organizational and outside customer / vendor contacts. Part of a team who represents the organization. Monitors activities and communicates information across the organization.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education Level: Bachelor's Degree

Education Details: Marketing, Business or related field

Experience: 3 years product analysis, product management or related business experience

In Lieu of Education

In lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.