Product Director, New Product Development – Remote

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together. 

This Product Director role will be responsible for business incubation and product development of assigned products in the Optum Rx product portfolio.  As Optum Rx sources, vets and validates pharmacy care services and PBM product and business offerings, this role is critical in business case development, early-stage product design, development and execution of proofs of concept, market listening, and representation of products and concepts with all levels of the organization. 

This role will interface with Optum Rx functional partners, customers, sales and client management teams to design, develop and commercially launch product solutions for new and existing customers across multiple market segments. Skills the role must leverage include strategic thinking, understanding patient and client needs, quantitative analysis, collaboration, decision making and leadership. This role is expected to partner effectively with operations, IT, marketing, finance, sales and other functional areas; and lead cross-functional teams to develop and launch new or enhanced products. 

This role will initially focus on leadership of a new product concept in trend management for GLP-1s, and will evolve to management of further in-market product roadmaps and net new large scale development efforts.

You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities:

• Define and execute against product roadmaps, and drive near and long-term future enhancements that increase product value over time
• Champion proofs of concepts and pilots in growth areas, living a test & learn mindset, and developing a pipeline of scalable opportunities for Optum Rx
• Collect, analyze and present market data (e.g., internal performance, client, competitor) in order to identify new product opportunities for the business
• Build business cases with high level of financial acumen
• Drive and manage high-quality execution across organizational lines; manage cross-segment projects and initiatives that require problem solving, relationship building, influencing and analyzing
• Serve as a subject matter expert to internal stakeholders on specific marketplace and product topics
• Support sales & account management for key client activities
• Collaborate with internal leaders and external partners to gain an understanding of their business needs and adapt product strategy, priorities, and business plans accordingly

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

• 6+ years non-technical product management and/or development experience within a large matrix organization
• Experience in health benefits business (Health Plan, PBM, health services, consulting, or similar)
• Financial acumen, with experience including market sizing, modeling, business case development and/or P&L accountabilities associated with product initiatives
• Experience evaluating market intelligence, competitive landscape, customer insights, and value proposition design to build new product strategies
• Experience defining and executing against product roadmaps
• Experience achieving goals in an ambiguous and matrixed work environment
• Experience working collaboratively to influence and drive initiatives forward
• Experience developing and delivering formal presentations to senior leaders
• Ability to travel up to 25%

Preferred Qualifications:

• Experience in start-up, corporate new ventures, innovation team or other entrepreneurial work
• Strategy or M&A experience
• Healthcare technology experience
• Experience leading people
• Working knowledge of the PBM business
• Intermediate proficiency or higher in Excel

*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy

The salary range for this role is $124,500 to $239,400 annually based on full-time employment. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes – an enterprise priority reflected in our mission.

UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. 

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.