Prestigious Financial Services Organization is seeking their Director of Product Development, Healthcare Insurance Products.
The Director of Product Development has ownership over Company's Insurance Clearing House (IC) suite of products. This position is responsible for managing the product development life cycle for this product. This position is responsible for collaborating with senior management to establish business unit goals around product management. This position frequently serves as a contact for strategic business partners. Position requires significant independent effort, accomplished leadership skills, persuasive communication skills, analytical skills, ability to initiate and manage complex and abstract assignments, and foster the development of others on similar assignments.
Lead the Product Management function, for the healthcare insurance solutions by managing the life cycle of new and existing solutions for the Healthcare business.
Ensure that the strategy for the insurance solutions aligns to the overall Healthcare strategy
For new solutions, incorporate Company's data assets such as credit and demographics, to provide a comprehensive solution.
Work collaboratively, within a Matrix organization, to lead the development and market introduction of solutions and ensure the objectives of the Business Cases are achieved.
Conduct industry and market research to understand customer requirements, regulatory landscape, competitor profiles and overall trends. Solicits input of business unit leaders, sales, internal operations, and customers to build the same. Evaluates the results of research and determines which options to explore
Manage day-to-day activities of Product team that includes: assigning tasks, measuring performance through regular performance appraisals, and making hiring decisions
Research and develop new products for the healthcare market, working closely with cross- functional team members (engineering, implementations, marketing, sales, and finance), upper management and external constituents. Manage the collection of business requirements and coordination with Engineering.
Provides technical guidance and advice to Marketing, Compliance, Operations, Sales and others
Evaluates potential business partners based on the research and reports of product development associates, and serves as a subject matter expert in the preparation of the materials
Uses multiple communications formats for keeping project teams and the business unit up to date on development efforts. Conducts presentations on the product development process and projects
Establishes accountabilities and goals with measures for success. Builds development plans for associates to assist in career planning. Creates an environment that foster and supports training and growth opportunities
Experience in insurance products for the healthcare provider industry as well as in software product development. Typically a minimum of 7+ years of overall relevant experience
Bachelor's degree in Engineering or Business (or related field) or equivalent work experience. A graduate degree in engineering, technology or business is preferred
3+ years' experience managing a team of 3 or more people is preferred. Must be able to manage in a deadline-driven environment, working closely with multiple personalities, managing organizational use of documenting software or other technical projects
Experience with Epic systems (Prelude or Resolute) is a plus
Experience with Agile framework for product development
Employment Type: Permanent
Work Hours: Full Time
Other Pay Info: DOE + bonus
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