Inovalon

Healthcare

PrincipalProductManager

$225–325k ~AI est. Bowie, Maryland, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Principal Product Manager at Inovalon. Skills: Real-world data analytics, Healthcare analytics, Product strategy, Product roadmap. Establish deep product expertise. Understand buyer personas”

Industry & Context.

Healthcare
Problems you'll solve

Analytical skills

Eligibility Requirements

Up to 10% travel, Authorized to work in US

What They're Looking For.

Must Have

Bachelor's degree in relevant field, 10+ years product management experience, Experience in healthcare analytics, Experience in real-world data, Proficiency in data analysis tools, Proficiency in data analysis techniques, Excellent communication skills, Excellent interpersonal skills

Nice to Have

MBA or equivalent preferred, Agile framework knowledge, Scrum knowledge a plus, Product Owner knowledge a plus

What You'll Do.

Establish deep product expertise

Understand buyer personas

Understand user personas

Understand features and functionality

Understand value proposition

Understand architecture

Understand competitive landscape

Understand voice of customer

Understand market trends

Collaborate with stakeholders

Support products in market

Understand jobs to be done

Leverage market intelligence

Leverage regulatory shifts

Leverage client feedback

Leverage internal stakeholder feedback

Define product enhancements

Prioritize product enhancements

Prioritize new products

Define product roadmap

Write product requirements

Communicate sprint priorities

Communicate release priorities

Participate in backlog refinement

Participate in retrospectives

Forecast against budget

Define product vision

Guide product direction

Represent business needs

Collaborate with development team

Collaborate with customers

Develop GTM strategies

Identify target market opportunities

Assess market potential

Extract insights from data

Develop predictive models

Develop segmentation strategies

Develop performance metrics

Drive product lifecycle

Coordinate cross-functional teams

Deliver high-quality products

Engage in strategic discussions

Conduct product demonstrations

Address customer feedback

Address customer concerns

Negotiate win-win solutions

How You'll Work.

Team & Collaboration

Cross-functional stakeholders; Development team; Marketing team; Sales team; Implementation team; Client success team; Legal/risk team; Finance team; Data scientists; Analysts; Customers

Communication Scope

Communication skills; Influencing skills; Interpersonal skills

Process & Methodology

Agile framework, Agile processes, Product lifecycle management

Full Job Description

The Principal Product Manager is responsible for establishing deep product expertise from a product and market perspective by understanding buyer and user personas, features and functionality, ROI, value proposition, architecture, competitive landscape, voice of customer, and market trends. This person has strong communication and influencing skills and collaborates with cross-functional stakeholders (i.e. development, marketing, sales, implementation, client success, legal/risk, finance) in efforts to support their product(s) in market. This person is responsible for understanding the jobs to be done and leverages market intelligence, regulatory shifts, client feedback, and internal stakeholder feedback to define and prioritize enhancements (features or operational tools) and new products into a product roadmap. A Principal Product Manager is knowledgeable in the Agile framework and follows Agile processes in partnership with the Product Owner to write product requirements, communicate priorities for sprint and release plans, participates in backlog refinement and retrospectives. This role is also responsible for forecasting and tracking against budget, maintaining a product-level P&L, and tracking product key performance indicators (KPIs). The Principal Product Manager is the key business representative for our RWD product: defining its vision, guiding its direction, and ultimately seeing its fit into the market. In the Agile product development process, the product manager explores and represents the business needs of the user community. As the liaison between the development team and customers, the product manager must collaborate closely with both groups.  We are seeking a candidate with a strong background in real-world data analytics, particularly within the healthcare industry. The ideal candidate will possess a unique blend of technical expertise, strategic vision, and customer-centric focus to drive the development and successful launch of innovative produ

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