Position Overview:
We are seeking a highly skilled and experienced Product Development Manager with experience in health plans to join our client’s dynamic team. This position will play a crucial role in the development and enhancement of health plan products, ensuring they align with the company’s strategic goals and meet the needs of customers. The ideal candidate will have a strong background in health plan product development, exceptional project management skills, and a deep understanding of the healthcare industry.
Key Responsibilities:
- Develop and execute the overall product development strategy for health plan products, considering market trends, competitive analysis, and customer needs.
- Collaborate with cross-functional teams, including marketing, finance, legal, and operations, to define product requirements, specifications, and timelines.
- Conduct market research and analysis to identify new product opportunities, emerging trends, and customer preferences, ensuring the company remains competitive and innovative.
- Lead the product ideation and conceptualization process, translating customer insights and market research into innovative and viable product concepts.
- Develop detailed product roadmaps, project plans, and timelines, ensuring timely delivery of high-quality products.
- Collaborate with internal and external stakeholders, including insurance providers, brokers, and regulatory bodies, to ensure compliance with industry regulations and requirements.
- Oversee the product development lifecycle, including requirement gathering, design, development, testing, and launch.
- Conduct regular product performance evaluations, analyzing key metrics and feedback from customers and stakeholders, and make data-driven recommendations for product improvements.
- Monitor market trends, competitor activities, and emerging technologies to identify opportunities for product enhancements and innovation.
- Foster strong relationships with key stakeholders, including customers, internal teams, and external partners, to gather feedback, address concerns, and ensure successful product launches.
Qualifications and Skills:
- Bachelor’s degree in business administration, healthcare management, or a related field is ideal
- Proven experience (2 years) in health plan product development
- In-depth knowledge of health insurance products, regulations, and market dynamics.
- Strong project management skills, with the ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
- Excellent analytical and problem-solving abilities, with a data-driven approach to decision-making.
- Exceptional communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and stakeholders at all levels.
- Strong leadership skills, with the ability to motivate and guide teams to achieve common goals.
- Proficiency in using product management tools and software.
- Up-to-date knowledge of industry trends, emerging technologies, and best practices in health plan product development.
- A strategic mindset with a focus on innovation, customer experience, and business growth.
LHH
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