Job Information
UPMC Sr Associate, Strategic Product Management in Pittsburgh, Pennsylvania
Purpose:
At UPMC Enterprises, we create health care innovations that will impact the lives of patients in meaningful, lasting ways. As the innovation, commercialization, and venture capital arm of UPMC, Strategic Product Managers at UPMC Enterprises identify, evaluate, and develop investment opportunities. They bridge cross-functional disciplines, balancing business, technical, and design constraints to transforming ideas into thriving businesses and life changing medicine. The Strategic Product Management team engages in the innovation pipeline across healthcare verticals and throughout all stages. This includes developing innovation and investment strategics into targeted problem spaces, engaging with companies and partners on the pipeline of opportunities, and aligning internal resources to accelerate commercial development and growth. Strategic Product Managers lead the evaluation, recommendation, and development of opportunities across the portfolio. They must feel comfortable working in a dynamic, sometimes ambiguous environments. They must leverage deep commercial expertise and critical thinking skills to distill the complexity inherent to health care's most confounding problems. At the same time, they must exhibit strong leadership skills to build relationships with internal and external executives, align stakeholders on vision, and thoughtfully translate problems into solutions that can take shape as disruptive businesses. Sr Associates on the team shape and manage the development of strategic pipeline opportunities.
Responsibilities:
Shape UPMC Enterprises' hypotheses market trends, dynamics, and competitive landscape.
Guide UPMC stakeholders and Subject Matter Experts to define unmet needs and value opportunity.
Manage definition of and alignment with UPMC System strategy for operational value and capability advancement.
Manage due diligence efforts into new investment opportunities.
Develop investment and product development recommendations to executive leadership.
Shape market and requirements to inform build versus buy analysis.
Guide company and co-investor leadership to develop and execute strategic business plans for investment value growth.
Manage going portfolio evaluation and reporting of invested opportunities.
Manage program goals to demonstrate solution value and inform roadmap for commercial growth.
Manage solution value models for analyzing return on investment impact to targeted customers profiles.
Align UPMC capabilities from clinical, operational, and technology teams with opportunities to accelerate solution development.
Shape prioritization of feature roadmaps aligned to delivery of commercial objectives.
Shape strategy for external targeting and value positioning to grow commercial sales pipeline.
Communicate activities, statues, issues, and accomplishments to senior leadership and partners.
Guide interdisciplinary teams and across functional departments, including engineering, design, marketing, and finance teams to execute strategic plans for product domain(s).
Bachelor's degree in business, finance, engineering, computer science, or related field required, Master's degree (MBA) preferred.
5+ years of professional experience in product management, commercialization, and/or investment required, preferably related to digital health solutions.
Equivalent combination of experience and education will be accepted in lieu of above-mentioned requirements.
Understanding of Healthcare IT industry, financial modeling, investment structures, and product development/deployment processes.
Experience leading cross-functional teams of business, technical, operational, and/or clinical resources.
Shows working knowledge across multiple functional areas such as product management, engineering/development, design, and market research but also exhibits depth in a relevant discipline.
Excellent written and oral communication skills.
Excellent organizational and analytical skills with strong technical abilities. Licensure, Certifications, and Clearances:
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UPMC is an Equal Opportunity Employer/Disability/Veteran