Principal, Specialty Product Development and Strategy

Role Description

Lumicera Health Services is seeking a Principal, Product Strategy to join our team! The Principal, Product Strategy is a senior individual contributor responsible for guiding the strategic direction and driving execution of disciplined, company aligned product design, development, go-to-market, and lifecycle governance initiatives aligned with growth objectives.

• 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.
• 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.
• Conduct formal and/or informal market research and competitive analysis to identify trends and inform product strategy decisions.
• Advocate for the voice of the customer throughout the product lifecycle.
• Develop product roadmaps based on the product vision and market research.
• Nurture cross-functional understanding and buy-in to product governance frameworks.
• Demonstrate influence across the product lifecycle and establish credibility throughout the organization.
• 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.
• Plan and execute product launches and go to market strategies.
• Develop clear recommendations supported by structured problem solving, financial rationale, and trade-off analysis.
• Other duties as assigned.

Qualifications

• 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, 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

• 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!