Healthcare Without Rival
Premise Health is the world's leading direct healthcare provider and one of the largest digital providers in the country, serving over 11 million eligible lives across more than 2,500 of the largest commercial and municipal employers in the U.S. Premise partners with its clients to offer fully connected care – in-person and in the digital environment. It operates more than 800 onsite and nearsite wellness centers in 45 states and Guam, delivering care through the Digital Wellness Center and onsite, nearsite, mobile, and event solutions.
Premise delivers value by simplifying complexity and breaking down barriers to give diverse member populations access to convenient, integrated, high-quality care. We offer more than 30 products, delivering the breadth and depth of care required to serve organizations' total populations. The result is healthcare that meets the needs of members and their families, helping them live healthier while lowering costs for organizations.
Premise offers a wide range of dynamic, purpose-driven career opportunities. We are currently looking for a Product Strategy Director to join our team remotely.
About the role:
Product Strategy Director under a product leader solves current and prospective client and member pain points through product strategy, development, and evolution. This role develops product vision/strategy, product enhancements, and helps set product priorities in collaboration with key stakeholders. In addition, the Product Director determines high-level requirements of product developments/additions to support the commercialization of products. This includes new lines of services, sub products, product features, production functionality, and guardrails. The Product Director will be assigned to more than one product.
Essential Functions:
• Responsible for day-to-day product strategy and execution. This includes discovery, analyses, strategy recommendations and execution of product innovation for an assigned number of products.
• Responsible for evaluating, recommending, and driving product vision/strategy and innovation in collaboration with product delivery, other growth & development teams, and stakeholders from other departments within the enterprise.
• Compiles, reviews and presents product-level performance data and KPIs.
• Builds and revises commercial thesis based on market and internal data. Supports the product leader in developing a vision and path to achieve that vision.
• Manages the tactical roadmap of internal activities to achieve long term objectives of the product.
• Leverage deep knowledge of customer, data, and go-to market needs to support the funding, prioritization and enterprise support for product development:
o Business case development
o Allocation of resources across corporate teams
o Go to market strategy and execution
o Product messaging, value proposition, pricing models and guardrails to support client sales opportunities
• Develop sets of executive-level presentations on assigned products by combining and distilling key information for relevant product strategies/execution and approaches – including internal and external data.
• Serve as a subject matter expert to internal stakeholders on specific marketplace and product topics.
• Builds and communicates deep financial analyses to drive understanding of market positioning, potential cost/pricing models and profitability based on a multitude of data sources and internal/external factors.
• Integrate internal financial and sales data to drive product priorities and decision making
• Partner with operations and product delivery stakeholders to execute tactical improvements on assigned products
• Define, monitor, and report on product-specific KPIs. Constantly collect and analyze performance data (e.g., market; financial; operational) in order to enhance existing products and identify new opportunities for the business
• Drive success and proactively identify risks and develop mitigation strategy of products milestones.
Job Requirements:
• Bachelor’s degree in business, finance, or a related field or equivalent work experience required
• MBA or advanced degree preferred
• Healthcare Services or Health-Tech industry experience required
• At least 5 years of experience in management consulting, investment banking, private equity, healthcare business strategy and/or product management
Preferred Experience:
• Strong strategy skills and ability to execute strategies in a large organization with multiple stakeholders.
• Strong financial analysis acumen
• Strong communications background
• Ability to communicate with executive leadership
• Demonstrated experience managing products in the healthcare space.
Work-life balance is at the foundation of how decisions are made and where Premise is headed. We can only help people get, stay, and be well if we do the same for ourselves. In addition to competitive pay, Premise offers benefits packages including medical, dental, vision, life insurance, 401(k), paid holidays and vacation time, a company-sponsored wellness program, and much more our talent acquisition team will be happy to share with you.
Premise Health is an equal opportunity employer; we value inclusion, and we do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status or disability status.
For individuals living in California, Colorado, Washington; as well as, for individuals living in or reporting to New York State only, Premise Health is required to include an estimate of the salary and benefits for this role. While a number of factors influence salary, our estimated California, Colorado, Washington and New York State compensation is $130,000 - $150,000 with eligible bonus opportunity. Please note, this is a general guideline and your experience qualifications, geographic location, and other factors will be taken into consideration. For more information regarding the benefits we offer, please visit our career site, jobs.premisehealth.com/benefits.
