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Principal, Specialty Product Development – Strategy
Navitus Health SolutionsPrincipal, Product Strategy at Lumicera Health Services guiding strategic direction and execution of product initiatives in specialty pharmacy. Collaborating cross-functionally to drive innovation and market differentiation.
About the role
Key responsibilities & impact- Lead the development and implementation of data-backed product strategies and roadmaps that bolster the company product offering across market segments and align to corporate objectives while creating market differentiation.
- Build consensus, deploy, and manage best practices for product development, ensuring solutions are recognized as innovative, user-centric, and informed by quantified market insights.
- Leverage change management principles applicable to product rollouts, including communication planning, stakeholder alignment, and impact assessments.
- Oversee the product portfolio and develop product roadmaps to ensure alignment with strategic priorities, resource allocation, and return on investment (ROI).
- Serve as a critical point of orchestration, working in partnership with cross functional stakeholders to inform ideation and validation to launch, refinement, and sunset.
- Ensure timely and high-quality go-to-market execution by facilitating delivery of standard tools and practices for successful adoption and execution.
- Conduct formal and/or informal market research and competitive analysis to identify trends and inform product strategy decisions.
- Stay abreast of and understand industry, marketplace, and legal developments and their impact on the business.
- Will translate current and emerging market needs into product expansion, enhancement, and/or new product concepts/business cases.
- Advocate for the voice of the customer throughout the product lifecycle.
- Lead and/or influence stakeholder feedback sessions and support synthesized insights toward market-informed product initiatives.
- Develop product roadmaps based on the product vision and market research.
- Nurture cross-functional understanding and buy-in to product governance frameworks to ensure process compliance, decision and output quality, and repeatability.
- Partner with individual managers assigned to products, projects, and solutions to ensure resourcing support needed to succeed.
- Demonstrate influence across the product lifecycle and establish credibility throughout the organization and with the Executive Team as an effective developer of strategic planning and execution of strategic solutioning.
- Define, track, analyze and report key performance indicators (KPIs) to measure the success and impact of product strategies.
- Maintain ongoing pulse of functions and communications throughout the organization as a “hub” to successful delivery of key tactics to support the strategy.
- Act as the primary point of contact to resolve project/product resource constraint and major program issues.
- Plan and execute product launches and go to market strategies, including pricing models, bundling, messaging, and positioning strategies.
- Ensure the product is effectively launched in the market and meets the target audience’s needs.
- Develop clear recommendations supported by structured problem solving, financial rationale, and trade off analysis (such as build vs. buy) delivered through executive level presentations.
- Other duties as assigned.
Requirements
What you’ll need- Bachelor’s degree in business, marketing, healthcare, or closely related field, or equivalent work experience, required.
- MBA preferred.
- 7+ years of experience in product management, strategy, or related field required.
- 5+ years of indirect influence, coaching, mentoring, and/or management experience required.
- 5+ years of experience in health plan, PBM, pharmaceutical, TPA, health tech, healthcare delivery, or health care industry preferred.
- Experience and expertise in new product development, end-to-end product lifecycle management, project management, marketing, sales, and/or strategic planning required.
- Proven track record of tangible success, including leadership and team collaboration/ relationship-building/management in a health care or related environment required.
- Strategy consulting experience (professional services or internal strategy), product development, private equity, banking, corporate finance, corporate strategy, or equivalent experiences preferred.
- Familiarity with digital product development methodologies (Agile, iterative delivery, roadmap planning), even if not a technical product owner, preferred.
- Experience working with and communicating across multiple organization levels, including executive level required.
- Demonstrated experience in operating in ambiguity, proactively identifying issues, framing options, adapting or pivoting as needed, and recommending paths forward required.
- Participate in, adhere to, and support compliance program objectives.
- The ability to consistently interact cooperatively and respectfully with other employees.
Benefits
Comp & perks- Top of the industry benefits for Health, Dental, and Vision insurance
- 20 days paid time off
- 4 weeks paid parental leave
- 9 paid holidays
- 401K company match of up to 5% - No vesting requirement
- Adoption Assistance Program
- Flexible Spending Account
- Educational Assistance Plan and Professional Membership assistance
- Referral Bonus Program – up to $750!
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Product DevelopmentEnd-To-End Product Lifecycle ManagementProject ManagementStrategic PlanningQuantitative AnalysisKPI TrackingDigital Product Development MethodologiesChange ManagementFinancial RationaleCompetitive Analysis
Soft Skills
InfluenceCoachingMentoringRelationship BuildingCommunication
Certifications
Bachelor’s DegreeMBA Preferred