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Senior Product Manager - Prepaid Products - Eden Prairie, MN or Boston, MA or Telecommute

Company: UnitedHealth Group
Location: Eden Prairie
Posted on: January 9, 2021

Job Description:

Seeking a Senior Product Manager responsible for managing the prepaid product solutions at Optum Financial. The Senior Product Manager will work to develop, define and execute the product strategy for prepaid products, including directed spending products. This role will have responsibility to manage the product portfolio across prepaid products.The Sr. Product Manager has a deep understanding of the healthcare payment business from perspective of consumers. The role translates market trends along with client and consumer needs into a product strategy that ensures that business growth and revenue goals are achieved.This role is responsible for the strategic product management activities for the prepaid product portfolio. This includes working closely with business, technology, growth office, operations, marketing, finance, and all other key stakeholders across Optum, and UHCThe preferred location(s) are Eden Prairie, MN or Boston, MA. Telecommute anywhere in the US is also available.Primary Responsibilities:

  • Responsible for ensuring that the portfolio of prepaid solutions meets or exceeds revenue and market share goals
  • Development of product and business requirement documentation to drive product and feature development
  • Development of cost benefit analysis to support and justify capital spend
  • Synthesizes competitive analysis and market assessments to drive the product strategy, prioritize investments, and establish go-to-market strategies that capitalize on market trends, customer needs and competitive positioning
  • Clearly understands the competitive landscape - competitor strategies, positioning, strengths and weaknesses
  • Supports and drives the establishment of a Strategic Roadmap for the portfolio, including New Product concepts, and extensions of existing solutions
  • Understands and documents macro / micro market trends and competitive threats to drive the Business capability's strategy
  • Constantly collects and analyzes performance data (e.g., market, financial, and operational) in order to identify new opportunities for the business
  • Engages key clients for strategic discussions on market trend impact, current issues, and new product concepts
  • Support Sales for Key Client activitiesYou'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:
    • Bachelor's degree
    • 3+ years of progressive leadership experience in product strategy and management roles within Payments and/or Fintech and/or Financial services and/or Healthcare
    • 3+ years of experience in business and consumer payment products including Virtual cards, ACH, Real Time Payments, Credit Cards, Debit Cards, Prepaid Cards
    • 3+ years of product strategy and management experience of bringing products to market, leading teams, creating industry/market collaboration, expanding a P&L
    • 3+ years of product development experience in B2B, Direct to Consumer financial services or payments domain
    • Strong knowledge of Payments & Fintech eco system and clear understanding of industry trends and market-leading strategies
    • Strong strategy, problem solving and management consulting skills
    • Cross-functional knowledge (Product Development, Business Development, Finance, Marketing, Technology, Strategy, M&A,)
    • Ability to not only see tasks through to completion, but to "identify" the tasks needed to move the business forward
    • Strong project management skills, including risk and contingency management, ability to manage competing demands and set priorities, and achieve deliverables
    • Familiar with the Agile development methodology and able to effectively document capabilities, business requirements and user stories
    • Strong leadership, management, communication and negotiation skills
    • Demonstrated experience in preparing senior-level presentations and reports
    • Strong analytical skills; has hands-on experience; ability to quickly aggregate and analyze information and draw conclusions
    • Strong communicator; capable of effectively presenting ideas and selling concepts and tactics; excellent writer, proven ability to communicate effectively
    • Proven ability to build relationships cross-functionally and lead toward common goals
    • If you need to enter a work site for any reason, you will be required to screen for symptoms using the ProtectWell mobile app, Interactive Voice Response (i.e., entering your symptoms via phone system) or similar UnitedHealth Group-approved symptom screener. When in a UnitedHealth Group building, employees are required to wear a mask in common areas. In addition, employees must comply with any state and local masking ordersPreferred Qualifications:
      • MBA/Master's degree
      • Payment Fintech experience
      • Management consulting experience
      • Financial services experience
      • Healthcare industry experience
      • Working knowledge of Optum & UnitedHealth GroupCareers with Optum. Here's the idea. We built an entire organization around one giant objective; make the health system work better for everyone. So when it comes to how we use the world's large accumulation of health-related information, or guide health and lifestyle choices or manage pharmacy benefits for millions, our first goal is to leap beyond the status quo and uncover new ways to serve. Optum, part of the UnitedHealth Group family of businesses, brings together some of the greatest minds and most advanced ideas on where health care has to go in order to reach its fullest potential. For you, that means working on high performance teams against sophisticated challenges that matter. Optum, incredible ideas in one incredible company and a singular opportunity to do your life's best work.(sm)*All Telecommuters will be required to adhere to UnitedHealth Group's Telecommuter Policy.Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.Job Keywords: Senior Product Manager, Prepaid Products, Eden Prairie, MN, Boston, MA, Telecommute

Keywords: UnitedHealth Group, Eden Prairie , Senior Product Manager - Prepaid Products - Eden Prairie, MN or Boston, MA or Telecommute, Executive , Eden Prairie, Minnesota

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