Senior Product Manager

Role Snapshot
Our Senior Product Manager is responsible for the analysis, planning, and management of assigned product line, identifying opportunities for product enhancements or new product development within our Health Plan Business line. They will interfaces with both internal and external customers to understand market needs and translate them into strategic business opportunities for the Health Plan in the Senior/Medicare markets. This Senior Product Manager leads the full product lifecycle, from concept and feasibility to development, launch, and performance evaluation, ensuring alignment with the Health Plan's goals. Collaborating with leadership and cross-functional teams, they drive the development and ongoing management of market-driven products and services, ensuring feasibility and meeting market requirements.

Salary Range
$120,000 ~ $150,000
The base pay offered for this position may vary within the posted range based on your job-related knowledge, skills, and experience.

Hybrid Work
Employees living within 45 miles of WPS Headquarters (1717 W. Broadway in Madison, WI, 53713) will be expected to be able to be able to work Hybrid 2 days a week on a regular basis. Onsite work will be tailored for team cohesion, strategy, planning and collaboration.

How do I know this opportunity is right for me? If you:

• Enjoy developing and managing comprehensive product roadmaps, including cost-benefit analyses, budgets, schedules, and work plans to ensure product line success.
• Have led initiatives that support product development goals, including performance tracking, enhancement planning, and product retirement.
• Can coordinate and lead cross-functional teams to research and assess market opportunities, financial viability, and sales potential.
• Have defined and monitored key performance indicators (KPIs) to inform product lifecycle decisions and drive continuous improvement.
• Enjoy developing competitive intelligence tools to assess product positioning and identify opportunities for market differentiation.
• Like to Integrate complex business cases into a cohesive product portfolio strategy to achieve optimal product mix for target markets.
• Thrive when leading stakeholder engagement throughout the product development lifecycle, ensuring clear communication and progress updates to leadership.
• Want to ensure product offerings comply with healthcare regulations and compliance standards by collaborating with internal and external regulatory and legal teams.
• Have supported digital engagement by maintaining knowledge of marketing strategies, including mobile applications and social media.
• Can maintain ongoing competency in product management practices and regulatory requirements.

Minimum Qualifications

• Bachelor's degree in Business Administration, Healthcare Administration or equivalent combination of education and experience.
• 7 or more years of progressive product management experience.
• 7 or more year of market and competitive analysis within the health insurance or healthcare industry.
• Strong knowledge of health insurance products, plans, and services, including individual and group health plans, Medicare.
• Proven track record leading cross-functional teams to launch and manage products in a highly regulated environment.
• Strong understanding of regulatory and compliance frameworks within the health insurance space (i.e., HIPAA, ACA, ERISA).
• Excellent communication, negotiation, and leadership skills, with the ability to influence stakeholders at all levels.
• Demonstrated experience building strong, key stakeholder relationships to work effectively together to deliver successful outcomes.
• Strong analytical and problem-solving skills and ability to translate data and information into actionable insights.

Preferred Qualifications

• 10 or more years of progressive product management experience.
• Experience transforming healthcare market options through technical innovation focused on customer experience.

Remote Work Requirements

• High speed cable or fiber internet
• Minimum of 10 Mbps downstream and at least 1 Mbps upstream internet connection (can be checked at https://speedtest.net)
• Please review Remote Worker FAQs for additional information

Benefits

• Hybrid work options available
• Performance bonus and/or merit increase opportunities
• 401(k) with a 100% match for the first 3% of your salary and a 50% match for the next 2% of your salary (100% vested immediately)
• Competitive paid time off
• Health insurance, dental insurance, and telehealth services start DAY 1
• Professional and Leadership Development Programs
• Review additional benefits: (https://www.wpshealthsolutions.com/careers/fulltime_benefits.shtml)

Who We Are

WPS, a health solutions company, is a leading not-for-profit health insurer and federal government contractor headquartered in Madison, Wisconsin. WPS offers health insurance plans for individuals, families, seniors and group health plans for small to large businesses. We process claims and provide customer support for beneficiaries of the Medicare program and manage benefits for millions of active-duty and retired military personnel across the U.S. and abroad. WPS has been making healthcare easier for the people we serve for nearly 80 years. Proud to be military and veteran ready.

Culture Drives Our Success

WPS' culture is where the great work and innovations of our people are seen, fueled and rewarded. We accomplish this by creating an open and empowering employee experience. We recognize the benefits of employee engagement as an investment in our workforce-both current and future-to effectively seek, leverage, and include differing and unique perspectives that fuel agility and innovation on high-performing teams. This results in people bringing their authentic selves to work every day in an organization that successfully adapts to business changes and new opportunities.

We are proud of the recognition we have received from local and national organization regarding our culture and workplace: WPS Newsroom - Awards and Recognition.

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