Senior Product Strategy Manager - Payer (MedInsight)

Milliman
Full-timeβ€’$118k-223k/year (USD)β€’Salt Lake City, United States

πŸ“ Job Overview

Job Title: Senior Product Strategy Manager - Payer (MedInsight)

Company: Milliman

Location: Seattle, WA / Atlanta, GA / Appleton, WI / Boise, ID / Wakefield, MA / South Burlington, VT / Chicago, IL / Dallas, TX / Windsor, CT / Houston, TX / Indianapolis, IN / Little Falls Twp, NJ / Pasadena, CA / Brookfield, WI / Eden Prairie, MN / Omaha, NE / Irvine, CA / Berwyn, PA / Phoenix, AZ / Portland, OR / Portland, ME / San Diego, CA / San Francisco, CA / St. Louis, MO / Salt Lake City, UT / Tampa, FL / Walnut Creek, CA

Job Type: FULL_TIME

Category: Product Strategy / Healthcare Technology Operations

Date Posted: 2026-08-06

Experience Level: 5-10 years

Remote Status: Remote OK (within the United States)

πŸš€ Role Summary

  • Drive product strategy and commercialization for MedInsight's payer-focused healthcare intelligence solutions, leveraging deep payer expertise and market insights.

  • Translate complex customer needs, market trends, and client feedback into actionable 12-24 month product roadmaps, collaborating closely with Technical Product Managers, General Managers, and cross-functional teams.

  • Identify and prioritize growth opportunities within the healthcare payer market, focusing on innovative solutions that enhance healthcare outcomes and reduce waste.

  • Serve as a subject matter expert for payer products, supporting product development, market validation, internal enablement, and client-facing activities.

πŸ“ Enhancement Note: This role bridges product management and GTM strategy, with a strong emphasis on understanding the payer healthcare landscape. Success will depend on the ability to synthesize market intelligence into a coherent product vision and execute through cross-functional collaboration. The "MedInsight" product suite suggests a focus on data analytics and business intelligence tools tailored for health plans.

πŸ“ˆ Primary Responsibilities

  • Lead client discovery, competitive analysis, and market research to identify emerging opportunities and inform product strategy for payer offerings.

  • Define and own the product strategy for payer solutions, translating market intelligence, client feedback, and business objectives into actionable 12-24 month product roadmaps.

  • Partner with General Managers and Product Leadership to evaluate market opportunities, establish strategic priorities, and support annual business planning for new products and capabilities.

  • Collaborate with Sales, Client Success, and Marketing to validate market opportunities, accelerate product adoption, and maximize commercial performance throughout the product lifecycle.

  • Prioritize product investments by evaluating market demand, competitive differentiation, commercial potential, and build-versus-partner opportunities to maximize customer value and business impact.

  • Lead market validation, product definition, and business case development to enable successful execution by Technical Product Management and Engineering teams.

  • Identify opportunities to incorporate AI-enabled capabilities, automation, and decision-support solutions to improve product value, user experience, scalability, and operational efficiency.

  • Act as the payer product subject matter expert, supporting product development, solution validation, internal enablement, client engagements, webinars, conferences, and other market-facing activities.

  • Lead commercialization efforts by partnering with Marketing, Sales, Finance, and General Managers to develop product positioning, value propositions, pricing strategies, packaging, sales enablement materials, and go-to-market plans.

  • Measure product performance through market adoption, client feedback, competitive positioning, and post-launch analytics to continuously refine product strategy and investment priorities.

  • Collaborate across Product Management, Engineering, Client Services, Sales, Marketing, Finance, and Executive Leadership to align stakeholders, communicate strategic direction, resolve tradeoffs, and drive execution of key initiatives.

  • Partner with Client Services to define scalable service, support, and operating models that enable successful product adoption and long-term client success.

πŸ“ Enhancement Note: The responsibilities highlight a strong emphasis on strategic planning, market analysis, and cross-functional leadership. This role requires a proactive approach to identifying market needs and translating them into viable product strategies with clear commercial potential. The mention of AI and automation suggests a forward-thinking approach to product development within the healthcare tech space.

πŸŽ“ Skills & Qualifications

Education:

  • Bachelor's degree in Business, Healthcare, Technology, or a related field.

  • Advanced degree (e.g., MBA, Master's in Healthcare Administration) preferred. Experience:

  • 5-8+ years of progressive experience in product strategy, product management, healthcare consulting, or commercial strategy within healthcare technology, SaaS, or analytics serving payer organizations.

  • Demonstrated success in defining and executing product strategies for enterprise-level software or analytics solutions.

  • Proven ability to translate market insights and client needs into actionable product roadmaps and business cases. Required Skills:

  • Deep knowledge of payer operations, healthcare data, claims analytics, and health plan workflows.

  • Strong understanding of product strategy, commercialization, product development lifecycles, and portfolio planning methodologies.

  • Expertise in evaluating market opportunities, developing business cases, and prioritizing product investments using commercial and financial analysis (e.g., TAM/SAM/SOM).

  • Excellent analytical, communication, and stakeholder management skills, with experience influencing cross-functional teams without direct authority.

  • Proficiency in using business intelligence, analytics, or data visualization tools to evaluate market opportunities and inform product strategy.

  • Strategic thinking, collaborative approach, and adaptability to thrive in a fast-paced, evolving healthcare technology environment. Preferred Skills:

  • Experience launching and commercializing enterprise SaaS or healthcare analytics solutions for payer organizations.

  • Experience with SQL for data analysis and market opportunity evaluation.

  • Familiarity with AI-enabled capabilities, automation, and decision-support solutions in healthcare.

  • Experience in developing and executing go-to-market plans, including product positioning, value propositions, pricing, and sales enablement.

πŸ“ Enhancement Note: The experience requirement of 5-8+ years, coupled with the need for deep payer expertise and commercial strategy acumen, positions this as a senior-level individual contributor role. The emphasis on analytical skills and experience with business intelligence tools, including a preference for SQL, indicates a data-driven approach to product strategy.

πŸ“Š Process & Systems Portfolio Requirements

Portfolio Essentials:

  • Demonstrable examples of developing and executing product strategies that led to successful market adoption and revenue growth for healthcare technology or analytics solutions.

  • Case studies showcasing the ability to translate complex market needs and client feedback into well-defined product roadmaps and business cases, including market sizing and competitive analysis.

  • Documentation or examples of product launch plans, commercialization strategies, and go-to-market execution that highlight cross-functional collaboration.

  • Evidence of using data analysis, market research, and financial modeling (e.g., TAM/SAM/SOM) to inform product investment decisions and strategic priorities. Process Documentation:

  • Showcase understanding of product development lifecycles from ideation and market discovery through commercialization and lifecycle management.

  • Provide examples of how you have collaborated with engineering and technical product management teams to define requirements and drive product execution.

  • Illustrate experience in defining and measuring product performance metrics, and using post-launch analytics to refine product strategy and drive continuous improvement.

πŸ“ Enhancement Note: While a formal "portfolio" isn't explicitly requested in the traditional sense (like a design portfolio), candidates are expected to present evidence of their strategic thinking, market analysis capabilities, and product development successes. This can be demonstrated through detailed case studies in their resume, cover letter, or during interview discussions, focusing on quantifiable outcomes and strategic decision-making processes.

πŸ’΅ Compensation & Benefits

Salary Range:

  • Base Salary: $117,500 - $222,985 annually.

  • Specific Ranges by Location:

    • $135,125 - $222,985: Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia.
    • $117,500 - $193,900: All other U.S. locations.
  • Factors Considered: Compensation will be determined based on a combination of factors including, but not limited to, education, relevant work experience, qualifications, skills, certifications, and geographic location.

Benefits:

  • Medical, Dental, and Vision Insurance: Comprehensive coverage for employees, dependents, and domestic partners.

  • Employee Assistance Program (EAP): Confidential support for personal and work-related challenges.

  • 401(k) Plan: Includes company matching 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): Accrues from the first day of work; 15 days per year for full-time employees.

  • 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 eligible employees.

  • Life Insurance & AD&D: 100% of premiums covered by Milliman.

  • Short-Term and Long-Term Disability: Fully paid by Milliman. Working Hours:

  • Standard full-time role, typically 40 hours per week.

  • Flexible work environment offered, with remote work considered within the United States.

πŸ“ Enhancement Note: The salary ranges provided are highly competitive for a Senior Product Strategy Manager role, especially for those located in higher cost-of-living states. The tiered structure acknowledges regional salary differences. The benefits package is robust, covering health, financial well-being, and work-life balance initiatives, which are attractive to experienced professionals in the tech and healthcare sectors.

🎯 Team & Company Context

🏒 Company Culture

Industry: Healthcare Technology, Analytics, and Consulting. MedInsight is a subsidiary of Milliman, a global employee-owned consultancy.

Company Size: Milliman is a large, global organization. MedInsight, as a subsidiary, likely operates with a focused team structure within this larger entity.

Founded: Milliman was founded in 1947, bringing a long history of expertise and stability. MedInsight's specific founding date is not provided but operates under Milliman's established framework.

Team Structure:

  • The Senior Product Strategy Manager will likely be part of the MedInsight Product Management or Product Strategy team, reporting into a Director or VP of Product.

  • This role involves significant collaboration with General Managers (GMs), Technical Product Managers (TPMs), Engineering, Sales, Marketing, Client Services, and Executive Leadership across both MedInsight and Milliman.

  • The structure emphasizes a matrixed approach, requiring strong cross-functional influence and alignment. Methodology:

  • Data-driven decision-making is central, utilizing healthcare intelligence, client insights, and market research to inform product strategy.

  • Agile methodologies are likely employed in product development, with a focus on iterative improvements and market responsiveness.

  • Emphasis on understanding and translating market needs into commercialized products with clear value propositions.

Company Website: Milliman Website URL - https://www.milliman.com/, MedInsight solutions are part of Milliman's offerings.

πŸ“ Enhancement Note: Milliman's employee-owned structure and long history suggest a culture of stability, expertise, and long-term vision. MedInsight's focus on healthcare intelligence implies a mission-driven environment where data analytics are used to improve patient outcomes and reduce healthcare costs. The collaborative nature of the role points to a team that values cross-functional partnership.

πŸ“ˆ Career & Growth Analysis

Operations Career Level: This is a Senior Individual Contributor role, focused on strategic product leadership. It requires significant experience and the ability to operate autonomously while influencing stakeholders across the organization.

Reporting Structure: The role reports into a senior product leader (e.g., Director/VP of Product) within MedInsight. It requires close collaboration with peers in Technical Product Management, General Management, Sales, Marketing, and Client Services.

Operations Impact: The Senior Product Strategy Manager has a direct impact on the future direction and commercial success of MedInsight's payer product portfolio. Their strategies will influence product investments, market positioning, and ultimately, the company's ability to deliver value to healthcare payers and improve patient care.

Growth Opportunities:

  • Specialization: Deepen expertise in specific areas of payer operations, healthcare data analytics, or emerging technologies like AI within healthcare.

  • Leadership: Transition into leadership roles such as Director or VP of Product Management, managing teams and shaping broader product portfolios.

  • Broader Strategy: Move into broader strategic roles within Milliman or MedInsight, focusing on corporate strategy, business development, or market analysis.

  • Cross-functional Mobility: Opportunities to leverage product strategy expertise in areas like Go-to-Market strategy, business unit leadership, or consulting roles within Milliman.

πŸ“ Enhancement Note: This role offers a clear path for career advancement within product management and strategy. The emphasis on strategic ownership and cross-functional influence prepares individuals for leadership positions. The connection to Milliman also provides potential avenues for growth within a larger, diversified consulting firm.

🌐 Work Environment

Office Type: The role offers flexibility, with a primary location in Seattle, WA, but open to remote work within the United States. This suggests a hybrid or remote-first approach for many team members.

Office Location(s): Multiple office locations are listed across the US (Seattle, Atlanta, Appleton, Boise, Wakefield, South Burlington, Chicago, Dallas, Windsor, Houston, Indianapolis, Little Falls Twp, Pasadena, Brookfield, Eden Prairie, Omaha, Irvine, Berwyn, Phoenix, Portland OR, Portland ME, San Diego, San Francisco, St. Louis, Salt Lake City, Tampa, Walnut Creek). This indicates a distributed workforce model.

Workspace Context:

  • The role requires a dedicated home office setup for remote employees, ensuring productivity and connectivity.

  • Collaboration tools and technologies are essential for seamless communication and project execution across distributed teams.

  • The environment is likely fast-paced and dynamic, typical of the healthcare technology sector, requiring adaptability and proactive engagement. Work Schedule:

  • Standard full-time hours (approximately 40 hours per week) are expected.

  • Flexibility is offered, particularly for remote employees, allowing for better work-life integration, but requires meeting project deadlines and stakeholder availability.

πŸ“ Enhancement Note: The company's willingness to consider remote candidates across the US and its numerous office locations suggest a modern, flexible work environment that prioritizes talent regardless of geography. This is a significant draw for experienced professionals seeking work-life balance.

πŸ“„ Application & Portfolio Review Process

Interview Process:

  • Initial Screening: A recruiter or hiring manager will likely review applications and conduct an initial phone screen to assess basic qualifications and cultural fit.

  • Hiring Manager Interview: A deeper dive into experience, strategic thinking, and understanding of the payer market, potentially including behavioral questions and scenario-based discussions.

  • Cross-functional Interviews: Interviews with key stakeholders such as General Managers, Technical Product Managers, Sales, or Marketing leaders to assess collaboration skills and domain knowledge.

  • Case Study/Presentation: Candidates may be asked to prepare and present a product strategy or market analysis related to a specific healthcare challenge or opportunity within the payer space. This assesses strategic thinking, analytical capabilities, and presentation skills.

  • Executive Interview: A final interview with senior leadership to confirm strategic alignment and assess overall fit for the role and company culture.

Portfolio Review Tips:

  • Quantify Impact: For any past product strategy work, focus on quantifiable results (e.g., market share increase, revenue growth, cost savings, adoption rates).

  • Strategic Rationale: Clearly articulate the "why" behind your strategic decisions – market drivers, competitive landscape, customer needs, and business objectives.

  • Process Clarity: Detail your approach to market research, customer discovery, roadmap development, and commercialization planning.

  • Cross-functional Collaboration: Provide examples of how you successfully partnered with diverse teams (Engineering, Sales, Marketing, etc.) to bring products to market.

  • Tailor to Payer: Emphasize your specific experience and insights within the healthcare payer domain.

Challenge Preparation:

  • Market Analysis: Be prepared to discuss current trends, challenges, and opportunities in the healthcare payer market (e.g., value-based care, AI in healthcare, regulatory changes).

  • Product Strategy Frameworks: Understand and be able to articulate frameworks for market segmentation, competitive analysis, and product prioritization.

  • Business Case Development: Practice building a compelling business case for a new product or feature, including market opportunity, revenue projections, and resource requirements.

  • Go-to-Market Strategy: Be ready to discuss elements of a go-to-market plan, such as target customer profiles, value propositions, pricing strategies, and sales enablement.

πŸ“ Enhancement Note: The interview process is likely to be rigorous, focusing on strategic thinking, market expertise, and collaborative capabilities. Preparing a compelling narrative around past successes, supported by data and clear articulation of strategic thought processes, will be crucial. A hypothetical case study or presentation is a strong possibility for this role.

πŸ›  Tools & Technology Stack

Primary Tools:

  • Product Management Platforms: Tools for roadmap planning, backlog management, and feature prioritization (e.g., Jira, Aha!, Productboard).

  • Analytics & Business Intelligence Tools: Proficiency in using tools like Tableau, Power BI, Looker, or similar for market analysis, performance tracking, and data visualization.

  • CRM Systems: Familiarity with CRM platforms (e.g., Salesforce) for understanding sales pipelines, customer insights, and market adoption data.

  • Collaboration Tools: Extensive use of platforms like Microsoft Teams, Slack, Zoom, and Google Workspace for communication and collaboration across distributed teams.

Analytics & Reporting:

  • SQL: A strong preference for SQL is mentioned, indicating its importance for data exploration, market analysis, and understanding product performance.

  • Data Visualization Tools: Experience with tools for creating dashboards and reports to communicate insights to stakeholders.

CRM & Automation:

  • While not explicitly detailed, understanding how CRM systems integrate with product strategy and commercialization efforts is beneficial.

  • Familiarity with SaaS product development lifecycles and associated operational processes.

πŸ“ Enhancement Note: The explicit mention of SQL and the preference for experience with BI/data visualization tools underscore the data-driven nature of this role. Candidates should be comfortable extracting, analyzing, and interpreting data to inform strategic decisions and present findings effectively.

πŸ‘₯ Team Culture & Values

Operations Values:

  • Quality & Integrity: As core values of MedInsight and Milliman, these are foundational. Operations professionals are expected to uphold high standards in their work, analysis, and decision-making.

  • Opportunity: A culture that encourages innovation, growth, and taking initiative to identify and pursue new opportunities in the market.

  • Customer-Centricity: A strong focus on understanding and meeting the needs of healthcare payer clients, translating their challenges into valuable product solutions.

  • Data-Driven Approach: Decisions are informed by rigorous analysis of market data, client feedback, and product performance metrics.

  • Collaboration & Partnership: Emphasis on working effectively across diverse teams to achieve shared goals, fostering an environment of mutual respect and knowledge sharing.

Collaboration Style:

  • Cross-functional Integration: The role demands close collaboration with Product Management, Engineering, Sales, Marketing, Client Services, and Finance. Success hinges on building strong relationships and aligning diverse perspectives.

  • Strategic Alignment: A culture where strategic discussions are open, and alignment is achieved through clear communication, data-driven arguments, and a shared vision for product success.

  • Continuous Improvement: An ongoing process of evaluating product performance, gathering feedback, and iterating on strategies to enhance value and market competitiveness.

πŸ“ Enhancement Note: The company's stated core values of Quality, Integrity, and Opportunity, combined with the collaborative nature of the role, suggest a professional environment that values expertise, ethical conduct, and a results-oriented approach. The emphasis on data-driven decision-making is critical for success in this position.

⚑ Challenges & Growth Opportunities

Challenges:

  • Navigating Complex Healthcare Market: The healthcare payer landscape is highly regulated, rapidly evolving, and complex. Staying ahead of market shifts, regulatory changes, and competitive pressures will be a continuous challenge.

  • Balancing Stakeholder Needs: Effectively managing competing priorities and expectations from various internal stakeholders (Sales, Engineering, Executives) and external clients.

  • Driving Innovation in a Mature Market: Identifying truly differentiated opportunities and gaining market traction for new solutions within a competitive and established healthcare technology sector.

  • Translating Data into Actionable Strategy: Synthesizing large volumes of complex healthcare data and market intelligence into clear, concise, and actionable product strategies.

Learning & Development Opportunities:

  • Deep Payer Domain Expertise: Opportunity to become a leading expert in payer operations, analytics, and the healthcare technology solutions that serve them.

  • Advanced Product Strategy Skills: Development in areas such as market sizing, competitive intelligence, AI/ML applications in healthcare, and advanced commercialization strategies.

  • Cross-Functional Leadership Development: Gaining experience in leading and influencing diverse teams, enhancing project management and executive communication skills.

  • Exposure to Consulting Best Practices: Leveraging Milliman's extensive consulting expertise to gain broader business acumen and strategic insight.

πŸ“ Enhancement Note: This role presents significant opportunities for professional growth by tackling complex challenges within the healthcare industry. The ability to adapt to market dynamics and leverage data for strategic decision-making will be key to overcoming challenges and capitalizing on growth opportunities.

πŸ’‘ Interview Preparation

Strategy Questions:

  • "Describe your process for developing a 12-24 month product roadmap for a complex healthcare analytics solution targeting payers."

  • "How would you assess the market opportunity for a new AI-driven claims analysis tool for health plans, and what key metrics would you track?"

  • "Walk me through a time you had to make a difficult product investment decision based on competing priorities. What was your approach, and what was the outcome?"

  • "How do you stay current with healthcare industry trends, regulatory changes, and competitive landscape shifts relevant to payer operations?" Company & Culture Questions:

  • "What interests you most about MedInsight and Milliman's mission to transform healthcare through data-driven decision-making?"

  • "Describe your experience working in a collaborative, cross-functional environment. How do you build consensus and influence stakeholders without direct authority?"

  • "How do you see your skills and experience contributing to our company values of Quality, Integrity, and Opportunity?"

  • "What is your preferred work style, and how do you manage your productivity in a remote or hybrid work environment?" Portfolio Presentation Strategy:

  • Structure Your Narrative: For any case studies, use a clear STAR (Situation, Task, Action, Result) or similar framework. Focus on the strategic problem, your analytical approach, the actions you took, and the measurable business impact.

  • Highlight Payer Expertise: Showcase your understanding of payer challenges, data types (claims, utilization, provider networks), and regulatory environments (e.g., HIPAA, HITECH).

  • Demonstrate Strategic Thinking: Emphasize your ability to connect market insights to product strategy and commercialization plans, not just tactical execution.

  • Data & Metrics Focus: Clearly present key metrics, financial analysis (TAM/SAM/SOM), and outcomes achieved. Be prepared to discuss the data sources and assumptions used.

  • Conciseness and Clarity: Present information clearly and concisely, focusing on the most impactful aspects of your experience. Be prepared to answer detailed questions about your approach.

πŸ“ Enhancement Note: Interview preparation should focus on articulating strategic thought processes, demonstrating deep payer domain knowledge, and showcasing the ability to drive business outcomes through product strategy. Be ready to discuss market trends, competitive analysis, and the full product lifecycle from discovery to commercialization.

πŸ“Œ Application Steps

To apply for this operations position:

  • Submit your application through the provided link on the Ultipro recruiting system.

  • Resume Optimization: Tailor your resume to highlight experience in product strategy, product management, commercial strategy, and healthcare payer operations. Quantify achievements with specific metrics and use keywords from the job description (e.g., "payer operations," "claims analytics," "product roadmapping," "commercialization," "SaaS").

  • Cover Letter Crafting: Write a compelling cover letter that clearly articulates your understanding of MedInsight's mission, your specific expertise in the payer market, and how your strategic product management skills align with the role's requirements.

  • Portfolio Preparation: Prepare to discuss specific examples of your strategic product work. This may involve preparing a brief case study or being ready to walk through key achievements in your resume that demonstrate your ability to define product strategy, conduct market analysis, develop business cases, and drive commercialization.

  • Company Research: Thoroughly research Milliman and MedInsight, understanding their products, market position, company values, and recent news. Be prepared to discuss how your strategic approach aligns with their goals and culture.

⚠️ Important Notice: This enhanced job description includes AI-generated insights and operations industry-standard assumptions. All details should be verified directly with the hiring organization before making application decisions.

Application Requirements

Candidates must have 5-8+ years of experience in product strategy, management, or healthcare consulting within the payer technology or analytics space. A bachelor's degree is required, with a preference for an advanced degree and deep knowledge of healthcare claims data and payer workflows.