Product Management Senior Advisor - Cigna Healthcare - Hybrid

Product Management Senior Advisor - Cigna Healthcare - Hybrid

Full-Time 80000 - 130000 £ / year (est.) Home office (partial)
Living Well Health Center

At a Glance

  • Tasks: Lead product management for pharmacy benefits, driving innovation and strategy.
  • Company: Cigna Healthcare empowers better health through informed choices and integrated care.
  • Benefits: Enjoy remote work options, health benefits, 401(k) match, and generous paid time off.
  • Other info: Flexible work environment with opportunities for professional growth and development.
  • Why this job: Join a dynamic team focused on improving lives and making a real impact in healthcare.
  • Qualifications: Bachelor's degree required; 5+ years in healthcare with strong analytical and communication skills.

The predicted salary is between 80000 - 130000 £ per year.

The Product Management Senior Advisor manages and supports the overall vision, goals, and objectives of programs and products offered to Cigna Healthcare integrated Pharmacy clients and customers. The Product Management Senior Advisor will be responsible for management of existing products within the pharmacy benefit and financial product team as well as developing new product offerings to support Cigna Pharmacy sales growth, retention and organizational goals. Product development opportunities will be focused on closing market problems and trends, delivering best-in-class customer/client affordability and promoting integrated customer health and well-being. The Product Management Senior Advisor will report to the Director, Product Strategy within the Pharmacy Benefit and Financial Product team.

The successful individual in this role will have a deep understanding of pharmacy benefits, clinical programs and customer experience as well as strong analytic, communication, research and decision-making skills. The position works closely with matrix partners across the enterprise including ES and EN partners, contracting, pharmacy pricing/finance, clinical, operations, sales, pharmacy product, analytics, compliance and legal, as well as external partners where applicable. This individual will be adept at working as part of a team in leading work in a complex environment with aggressive timelines and occasional ambiguity. Excellent organizational skills, an orientation to detail and the demonstrated ability to deliver quality, finished work is a must. This role is individual contributor but requires well-developed people management, matrix management and influencing skills.

RESPONSIBILITIES

  • Proactively identifies and assesses new product development opportunities based on market trends, competitive intel and client/market demand.
  • Lead product design and business case development of high potential opportunities and promote within organization against competing ideas.
  • Develops strategy, product requirements document and other key deliverables needed to communicate concept to business and tech project teams.
  • Collaborates with cross-functional partners across the enterprise to successfully build and launch project on-time with minimal issues and within budget utilizing leadership as necessary to overcome barriers.
  • Communicate clearly and consistently with all key stakeholders.
  • Coordinate with Legal, Compliance and Filing teams to ensure new products offerings are compliant with federal/state regulations; develop plan language and state filing updates as needed.
  • Provide education and training for matrix partners (Sales and account management, Product, client support team, call centers) for new products and existing products.
  • Provides support for the development, enhancement, and evaluation of the Pharmacy Product portfolio.
  • Other product management responsibilities as assigned.

Qualifications

  • Bachelor's degree required; MBA preferred.
  • 5+ years’ experience in insurance or healthcare industry with 3+ years’ experience in pharmacy benefit.
  • Excellent written and verbal communication skills, including demonstrated ability to quickly translate ideas and insights into presentation-ready documents.
  • Excellent meeting facilitation and organizational skills.
  • Strong strategic, financial, analytical, quantitative and interpersonal skills.
  • Demonstrated ability to work in a highly matrixed environment including complex systems and processes.
  • Demonstrated ability to think/act strategically and influence key leaders and matrix partners.
  • Demonstrated ability to execute on multiple projects and excel in a results-oriented and highly matrixed environment.
  • Demonstrated ability to identify and pursue market opportunities.
  • Demonstrated decision-making capability.
  • Demonstrated ability to work with remote personnel to achieve agreed upon goals and objectives.

If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fibre optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

For this position, we anticipate offering an annual salary of 110,700 - 184,500 USD / yearly, depending on relevant factors, including experience and geographic location. This role is also anticipated to be eligible to participate in an annual bonus plan.

We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioural health programmes. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays.

About Cigna Healthcare: Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, colour, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.

The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation programme prior to the start of their employment.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.

Product Management Senior Advisor - Cigna Healthcare - Hybrid employer: Living Well Health Center

Cigna Healthcare is an exceptional employer that prioritises the well-being and growth of its employees, offering a comprehensive benefits package that includes health-related programs, 401(k) matching, and generous paid time off. The hybrid work model fosters a flexible and collaborative environment, allowing you to thrive while contributing to meaningful projects that enhance customer health and vitality. With a strong focus on professional development and a culture that values diversity and inclusion, Cigna is committed to empowering its workforce to achieve their full potential.

Living Well Health Center

Contact Details:

Living Well Health Center Recruitment Team

SeeYourself@cigna.com

StudySmarter Expert Advice🤫

We think this is how you could land Product Management Senior Advisor - Cigna Healthcare - Hybrid

Tip Number 1

Familiarise yourself with the latest trends in pharmacy benefits and healthcare. Understanding current market dynamics will not only help you in interviews but also demonstrate your proactive approach to product management.

Tip Number 2

Network with professionals in the healthcare and pharmacy sectors. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.

Tip Number 3

Prepare to discuss specific examples of how you've successfully managed product development in a complex environment. Highlighting your experience with cross-functional teams will show that you can thrive in Cigna's matrixed structure.

Tip Number 4

Research Cigna Healthcare’s values and recent initiatives. Tailoring your conversation to align with their mission and demonstrating your enthusiasm for their goals can set you apart from other candidates.

We think you need these skills to ace Product Management Senior Advisor - Cigna Healthcare - Hybrid

Product Management
Pharmacy Benefits Knowledge
Analytical Skills
Strategic Thinking
Financial Acumen
Communication Skills
Project Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights relevant experience in product management, particularly within the healthcare or pharmacy benefit sectors. Use keywords from the job description to demonstrate your fit for the role.

Craft a Compelling Cover Letter:In your cover letter, express your passion for product management and how your skills align with Cigna's goals. Mention specific experiences that showcase your ability to identify market opportunities and work collaboratively in a matrixed environment.

Showcase Analytical Skills:Since the role requires strong analytical skills, include examples of how you've used data to drive product decisions or improve customer experiences. This could be through case studies or metrics from previous roles.

Prepare for Potential Questions:Anticipate questions related to your experience with product development and your understanding of pharmacy benefits. Be ready to discuss how you would approach new product offerings and collaborate with cross-functional teams.

How to prepare for a job interview at Living Well Health Center

Understand the Product Landscape

Before your interview, make sure you have a solid grasp of Cigna's pharmacy benefits and the current market trends. Familiarise yourself with their existing products and any recent developments in the healthcare sector that could impact their offerings.

Showcase Your Analytical Skills

Be prepared to discuss how you've used data to identify market opportunities or improve product offerings in your previous roles. Highlight specific examples where your analytical skills led to successful outcomes.

Demonstrate Cross-Functional Collaboration

Since this role involves working with various teams, be ready to share experiences where you've successfully collaborated across departments. Emphasise your ability to communicate effectively with different stakeholders and how you navigated any challenges.

Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in complex situations. Think of scenarios where you had to make strategic decisions under pressure, and be ready to explain your thought process and the results of your actions.