Product Strategist - New and Emerging Products (MedInsight)

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future. Company Overview: Leading with our core values of Quality, Integrity, and Opportunity, MedInsight is one of the healthcare industry’s most trusted solutions for healthcare intelligence. Our purpose is to empower easy, data-driven decision-making on important healthcare questions. Through our products, education, and services, MedInsight is making an impact on healthcare by helping to drive better outcomes for patients while reducing waste. Over 300 leading healthcare organizations have come to rely on MedInsight analytic solutions for healthcare cost and care management. MedInsight is a subsidiary of Milliman; a global, employee-owned consultancy providing actuarial consulting, retirement funding and healthcare financing, enterprise risk management and regulatory compliance, data analytics and business transformation as well as a range of other consulting and technology solutions. Position Summary: Milliman MedInsight is seeking a Product Strategist to support the development and commercialization of emerging healthcare data, workflow, and AI-enabled decision-support products, with a strong focus on 0-to-1 opportunities and emerging product lines. This role serves as a collaborative bridge between data products, technology partners, and downstream product lines, working across payer, provider, clinical, GMs, and technical product management teams to incubate differentiated products. The Product Strategist will translate market needs and business priorities into actionable product strategies, leveraging internal capabilities, external data assets, and technology partnerships to advance innovative concepts into scalable, market-ready solutions.Primary Responsibilities: Product Incubation & Commercialization: Develop business cases, product definitions, and product concept memos for assigned opportunities, articulating the market opportunity, target buyer, value proposition, competitive differentiation, proposed solution, and path to commercialization. Drive incubation of emerging healthcare data, workflow, and AI-enabled decision-support products that may leverage hyperscalers, technology partners, intelligent agents, and reusable platform capabilities as delivery mechanisms.Cross-Functional Alignment: Collaborate with payer, provider, clinical, general managers, technical product management, and engineering stakeholders to align customer value propositions with the underlying data, models, workflows, delivery mechanisms, and compliance requirements.Product Roadmap Development: Support product roadmap development in collaboration with Technical Product Managers by documenting capabilities, dependencies and priorities.Strategic Partnerships: Support execution with technology partners (such as Databricks) and external partners to prototype, execute joint data strategies, and accelerate enterprise/build capabilities.Build vs Partner Evaluation: Collaborate with lead Strategic Product Managers such as Payer, Provider and Clinical to identify where software partnerships may advance path to market/differentiation. Support partner sourcing, capability evaluation, and business and technical due diligence.Discovery and Market Synthesis: Conduct market, customer, and competitive research to identify emerging opportunities and inform product and portfolio strategy.Data Acquisition & Ecosystem Sourcing: Support business value articulation, evaluation, and onboarding of external data assets and partnerships to enrich the core assets and expand addressable market use cases.Proof-of-Concept Design & Prototyping: Drive the execution and evaluation of technical and commercial proof-of-concepts (POCs) with partners to mitigate risk of new product initiatives before full-scale engineering investment. Product Subject Matter Expertise: Serve as a product subject matter expert supporting internal training, client discussions, pre-sales and sales activities, and commercialization efforts as appropriate.Responsible Innovation: Coordinate cross-functional workstreams, manage dependencies, and ensure assigned initiatives meet data-governance, privacy, contractual, and regulatory requirements.Requirements: Bachelor's degree in business, finance, economics, computer science, engineering or related field.5+ years of experience in product management, product strategy, strategy consulting, commercialization, or a related discipline, preferably within enterprise software, healthcare data and analytics, or technology-enabled services. Experience with clinical and pharmacy data, data-as-a-service, APIs, interoperability, and FHIR is preferred.Proven ability to conduct market discovery, create business cases, define product packaging, monetization models, and go-to-market strategies for data assets, solving complex financial and clinical pain points. Strong understanding of product strategy, commercialization, platforms, product development lifecycles, and business planning. Track record collaborating with cloud providers such as Azure, Databricks, AWS and or GCP to execute joint technology strategies or co-innovation initiatives with strong hybrid business and tech skills to speak with both business and engineering audiences.Familiarity with AI/ML models, intelligent agents, and financial/clinical workflow automation including using AI tools to enhance day-to-day research, analysis, synthesis, and productivityExperience using SQL, BI, and analytics tools to conduct exploratory analysis, validate hypotheses, and support product strategy, commercialization, and proof-of-concept activities.Demonstrated success supporting external data partnerships, third-party vendor integrations, rapid POC commercialization, and translating multi-stakeholder mandates into scalable product capabilities.Excellent analytical, written and verbal communication, and stakeholder-management skills, with experience using frameworks to evaluate market opportunities and inform product strategy. Ability to present recommendations, business cases, product concepts, and complex information to clients, cross-functional teams, and MedInsight senior management.Location: This is a remote position. Candidates hired into this role may work remotely anywhere in the US. The expected application deadline for this job is October 30, 2026. Compensation:The overall salary range for this role is $93,700 - $177,675. For candidates residing in: Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia, the salary range is $107,755 - $177,675.All other locations the salary range is $93,700 - $154,500A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.What makes this a great opportunity? Join an innovative, high growth company with a solid industry track record Bring your expertise and ideas to directly impact and help build the next generation of MedInsight products and solutions Be recognized for your contributions and impact Work for a company that values your wellbeing and professional growth, offering a flexible work environment, generous benefits package, and investment in the development of your career Benefits: We offer a comprehensive benefits package designed to support employees’ health, financial security, and well-being. Benefits include: Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges 401(k) Plan – Includes a company matching program and profit-sharing contributions. Discretionary Bonus Program – Recognizing employee contributions Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis Holidays – A minimum of 10 paid holidays per year Family Building Benefits – Includes adoption and fertility assistance Paid Parental Leave – Up to 11 weeks of paid leave for employees who meet eligibility criteria Life Insurance & AD&D – 100% of premiums covered by Milliman Short-Term and Long-Term Disability – Fully paid by Milliman Equal Opportunity:All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran. #LI-SM1 #LI-REMOTE #MedInsightJob SummaryRequisition Number: PRODU010733Job Category: Information TechnologySchedule: Full-Time