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Elevance Health Product Portfolio Manager in Hanover, Maryland

Product Portfolio Manager (Program Manager)

This position will work a hybrid model (remote and office), 1-2 times per week. The Ideal candidate will live within 50 miles of one of our Elevance Health PulsePoint locations.

A proud member of the Elevance Health family of companies, CarelonRx (formerly IngenioRx) leverages the power of new technologies and a strong, clinical-first lens, to deliver member-centered, lasting pharmacy care.

The CarelonRx Product Portfolio Manager (Program Manager) is responsible for overseeing the strategic planning, development, and management of the PBM's product portfolio. They play a crucial role in aligning the portfolio with the CarelonRx’s business goals and ensuring that the product offerings meet the needs of plan sponsors and members. A program manager may have responsibility for a piece of a larger enterprise/regional external client facing program.

How you will make an impact:

  • Develop and maintain a comprehensive product portfolio strategy aligned with the CarelonRx's business objectives.

  • Researches applicable subject matter practices and remains aware of industry trends.

  • Manages external client facing relationships and partners with corporate and regional business areas.

  • Collaborate with product owners to support business strategies and evaluate market trends, competitive landscape, and customer feedback to identify opportunities and gaps in the product portfolio.

  • Prioritize product initiatives based on strategic importance, ROI, and resource availability.

  • Collaborate with cross-functional teams, including product managers, designers, and engineers, to monitor and govern portfolio initiatives through the stages of the product lifecycle management IDEATE, DEFINE, DEVELOP, LAUNCE & MANGE to ensure successful product development and launch.

  • Monitor the performance of products within the portfolio, making data-driven recommendations for enhancements or discontinuations.

  • Work closely with sales and marketing teams to support product positioning, pricing, and go-to-market strategies.

  • Provide regular portfolio performance reports and updates to senior leadership.

  • Coordinates training related to external client facing program; develops program success measures and performs periodic assessments of program success.

Minimum Requirements:

Requires a BA/BS and minimum of 5 years external client facing experience in program/project management; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

  • Proven experience in product portfolio management, preferably within the healthcare or PBM industry.

  • Proficiency in project management and product lifecycle management tools (JIRA; Aha!) a plus.

  • Strong strategic planning and analytical skills preferred.

  • Excellent leadership and communication abilities preferred.

  • Familiarity with healthcare regulations and industry dynamics preferred.

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.

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