Elevance Health
Product Manager Senior - CarelonRx Pharmacy Benefit Manager (PBM)
Elevance Health, Indianapolis, Indiana, us, 46262
Overview
Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. Alternate locations may be considered.
Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
A proud member of the Elevance Health family of companies, CarelonRx (formerly IngenioRx) leverages the power of new technologies and a strong, clinical-first lens, to deliver member-centered, lasting pharmacy care.
The Product Manager Senior role involves comprehensive ownership of product initiatives, from ideation to execution, ensuring alignment with strategic business goals and a deep understanding of market dynamics and customer needs. Responsibilities include leading cross-functional teams through the Product Lifecycle Management process, managing P&L, driving testing readiness, and communicating effectively with stakeholders to deliver successful outcomes and continuous improvements.
Responsibilities
P&L Owner: Ensure financial performance and sustainability, aligning with strategic goals.
Strategic Ownership: End-to-End accountability for the product initiative from ideation to execution; ensure alignment with business strategy, customer needs, and goals.
Define Product Vision & Objectives: Articulate strategic intent, success metrics, and desired outcomes.
Business Case Development: Create and validate business cases with cost-benefit analysis and market insights.
PLM Gate Leadership: Lead through all Product Lifecycle Management phases, ensuring readiness and stakeholder alignment.
Voice of the Customer: Use market research and feedback to guide product design and prioritization.
Problem Definition: Clearly articulate customer problems or opportunities, including personas and pain points.
Value Proposition Development: Define and validate the product's value and differentiation.
Cross-Functional Leadership: Collaborate with Project Manager; lead cross-functional teams across IT, Legal, Compliance, Operations, and Marketing; act as the central authority for product decisions in consultation with managers and Product Heads.
Planning & Execution: Define product roadmap, develop requirements (business and functional), user stories, and acceptance criteria; manage backlog and prioritize by value, risk, and effort; lead UAT and go-to-market readiness; drive testing readiness and oversee results.
Communication & Stakeholder Engagement: Clearly communicate vision and progress; co-present updates at committee meetings with the Project Manager; manage expectations and align on scope, timelines, or priorities.
Post-Launch & Continuous Improvement: Monitor success metrics, drive continuous improvements, and lead retrospective lessons learned sessions.
Minimum Requirements
Requires a BA/BS degree in a related field and a minimum of 2 years of related experience; or any combination of education and experience that provides an equivalent background.
Preferred Skills, Capabilities, And Experiences
MBA preferred
Pharmacy Benefit Management (PBM), Health or managed care experience preferred
Healthcare product experience highly preferred
Other Information Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Product Management and Marketing
Industries
Marketing Services
#J-18808-Ljbffr
Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.
A proud member of the Elevance Health family of companies, CarelonRx (formerly IngenioRx) leverages the power of new technologies and a strong, clinical-first lens, to deliver member-centered, lasting pharmacy care.
The Product Manager Senior role involves comprehensive ownership of product initiatives, from ideation to execution, ensuring alignment with strategic business goals and a deep understanding of market dynamics and customer needs. Responsibilities include leading cross-functional teams through the Product Lifecycle Management process, managing P&L, driving testing readiness, and communicating effectively with stakeholders to deliver successful outcomes and continuous improvements.
Responsibilities
P&L Owner: Ensure financial performance and sustainability, aligning with strategic goals.
Strategic Ownership: End-to-End accountability for the product initiative from ideation to execution; ensure alignment with business strategy, customer needs, and goals.
Define Product Vision & Objectives: Articulate strategic intent, success metrics, and desired outcomes.
Business Case Development: Create and validate business cases with cost-benefit analysis and market insights.
PLM Gate Leadership: Lead through all Product Lifecycle Management phases, ensuring readiness and stakeholder alignment.
Voice of the Customer: Use market research and feedback to guide product design and prioritization.
Problem Definition: Clearly articulate customer problems or opportunities, including personas and pain points.
Value Proposition Development: Define and validate the product's value and differentiation.
Cross-Functional Leadership: Collaborate with Project Manager; lead cross-functional teams across IT, Legal, Compliance, Operations, and Marketing; act as the central authority for product decisions in consultation with managers and Product Heads.
Planning & Execution: Define product roadmap, develop requirements (business and functional), user stories, and acceptance criteria; manage backlog and prioritize by value, risk, and effort; lead UAT and go-to-market readiness; drive testing readiness and oversee results.
Communication & Stakeholder Engagement: Clearly communicate vision and progress; co-present updates at committee meetings with the Project Manager; manage expectations and align on scope, timelines, or priorities.
Post-Launch & Continuous Improvement: Monitor success metrics, drive continuous improvements, and lead retrospective lessons learned sessions.
Minimum Requirements
Requires a BA/BS degree in a related field and a minimum of 2 years of related experience; or any combination of education and experience that provides an equivalent background.
Preferred Skills, Capabilities, And Experiences
MBA preferred
Pharmacy Benefit Management (PBM), Health or managed care experience preferred
Healthcare product experience highly preferred
Other Information Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Product Management and Marketing
Industries
Marketing Services
#J-18808-Ljbffr