Product Director - State Public Sector Business Development - Remote

Posted Yesterday
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Hiring Remotely in Home, PA
Remote
108K-184K Annually
Senior level
Insurance
The Role
The Product Director leads product initiatives, collaborates cross-functionally, manages product pipelines, and presents to clients, focusing on the State Public Sector.
Summary Generated by Built In

Our work matters. We help people get the medicine they need to feel better and live well.  We do not lose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Product Director - State Public Sector Business Development - RemoteJob Description

This Business Development Product Director is accountable for developing and executing initiatives on Prime's product roadmap across the Commercial, Government Programs or State Public Sector strategic business units. This position will be responsible for building a deep understanding of market problems facing Prime's clients, cross-functionally leading the development and management of highly complex products and initiatives, and proving the value of those products to the market. In addition, this position will work collaboratively with leaders and product owners in other departments to develop product standards, moving from ideation to execution.

Responsibilities

  • Drives process around review of commercial products to shape it for state public sector, Medicaid FFS business.
  • Pulls in account team “Product Review Committee” to review products, gather feedback, work with product innovation team to amend product for FFS, including pricing revision for Medicaid FFS
  • Staffs the Product Review Committee for SPS
  • Manages pipeline of products for sale and partners with account team to drive to sale
  • Communicates with implementation team on regular basis, goals for product, timelines for implementation with goal of creating better alignment between sales and implementations.
  • Works with product owners as needed to pull in market analysis for product and drives sale with account team.
  • Will be externally focused to present to potential customer or client and able to present on all products in the portfolio.
  • Partner with the sales team and with the innovation team and marketing team to help sell products to clients
  • Provide end to end oversight and management of multiple concurrent, highly complex product initiatives
  • Collaborate with functional areas and strategic business unit leaders on new product ideation
  • Lead concept ideation, design, early state feasibility assessment and financial analysis
  • Conduct market assessments as needed
  • Develop pricing strategy and drive through pricing committee
  • Develop client or employer value story and product launch plan in concert with B2B marketing team
  • Develop materials for and present individual product initiatives to senior management, including driving projects through stage gate approval
  • Develop and present product training materials to client engagement and present initiatives / potential pilots to clients
  • Partner with Marketing to create and maintain informative and compelling product collateral
  • Other duties as assigned

Education & Experience

  • Bachelor's degree in Marketing, Business or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
  • 8 years of related business experience with at least 5 years in product development
  • Must be eligible to work in the United States without need for work visa or residency sponsorship

Must be eligible to work in the United States without the need for work visa or residency sponsorship.

Additional Qualifications

  • Ability to work autonomously in a self-directed environment and function in environment of ambiguity
  • Ability to work well across cross-functional teams including clinical, network management, operations, specialty, client engagement, market segment services and PMO teams
  • Excellent verbal and written communication skills
  • Understanding of the product development process from ideation through execution
  • Excellent project management skills with the proven ability to lead and provide oversight
  • Critical thinking skills; able to anticipate issues and develop innovative solutions
  • Strong organizational skills and drive to generate results
  • Proficient in the Microsoft Office Suite

Preferred Qualifications

  • Master's degree or other advanced degree
  • 3 years of Pharmacy Benefit Management (PBM) experience

Physical Demands

  • Constantly required to sit, use hands to handle or feel, talk and hear
  • Frequently required to reach with hands and arms
  • Occasionally required to stand, walk and stoop, kneel, and crouch
  • Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
  • Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.

Potential pay for this position ranges from $108,000.00 - $184,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.

Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (pregnancy, sexual orientation, and gender identity), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.   

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

Positions will be posted for a minimum of five consecutive workdays.

Top Skills

Microsoft Office Suite
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The Company
HQ: Eagan, MN
3,577 Employees
On-site Workplace
Year Founded: 1987

What We Do

Everything we do is connected to helping people get the medicine they need to feel better and live well. It’s meaningful work and we’ve been doing it for over 20 years.

In the pharmacy benefit management (PBM)industry, we’re different. We’re owned by 18 not-for-profit Blue Cross and Blue Shield health plans. This allows us to control costs and empower our employees to put members first. It’s a successful combination. We have the lowest pharmacy trend in the industry and serve 28+ million members throughout the US.

In addition to core PBM services, we work closely with our clients to implement the right benefit design, clinical and specialty programs, formulary and networks. A few key products:
• NetResults™
• Specialty Drug Management
• Best in Care™
• GuidedHealth®
• Advanced Fraud, Waste and Abuse: Member and Prescriber Investigations
• Prime Analytics™
• CareCentered Contracting™Controlled Substance Management Program

Join us!
Prime is always looking for smart, purposeful people to join our team. We’re growing fast which means there are plenty of opportunities to advance and grow in your career.

At the same time, Prime supports flexibility and offers generous PTO so you can enjoy an enviable work/life balance. We’re a privately held company -big enough to make a difference and small enough for you to have an impact.

Follow Prime on LinkedIn to learn more.

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