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Product Manager at Optum

NEW
Location
Hyderabad,Telengana
Job type
Full time
Posted 1 day ago
Description

About the job


Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.


Primary Responsibilities


  • Product Manager for US Healthcare IT product or portfolio of products
  • Define and drive product management & Roadmap for products
  • Clearly articulate product vision, strategy and roadmap to engineering team effectively as and when needed
  • Owner of portfolio backlog and roadmap execution
  • Collaborate with UX & engineering team to drive product design
  • Identifies and accesses relevant data to build compelling business case in self-directed manner
  • Consistent value delivery based on business MBOs
  • Drive system demo to stakeholders and customers
  • Prioritize backlog at feature and user story level with complete understanding of feature
  • Effective action on feedback received during retro meetings
  • Identify potential issues and pro-actively develops mitigation plans
  • Build & drive culture of innovation in the portfolio
  • Able to collaborate with various teams (business, engineering, product, ops) to drive common objective and help achieving outcomes
  • Able to perform win/loss analysis to determine product roadmap
  • Comply with the terms and conditions of the employment contract, company policies and procedures, and any and all directives (such as, but not limited to, transfer and/or re-assignment to different work locations, change in teams and/or work shifts, policies in regard to flexibility of work benefits and/or work environment, alternative work arrangements, and other decisions that may arise due to the changing business environment). The Company may adopt, vary or rescind these policies and directives in its absolute discretion and without any limitation (implied or otherwise) on its ability to do so


Required Qualifications


  • Bachelor's or Master's degree in related field
  • Expertise in driving cost/benefit analysis and track forecast to ensure the product is performing as expected
  • Expertise in applying data-driven knowledge and best practices to improve product
  • Expertise in gathering requirements from the business, documenting and maintaining product backlog/roadmap
  • Expertise in process improvement, workflow, benchmarking and / or evaluation of business processes
  • Understanding and ability to conduct meaningful conversation with technology team on various existing and emerging technologies and overall solution space
  • Good knowledge of payer and provider space and idea about medical coding, risk adjustment models
  • Working knowledge of medicaid state specific cycles for payments
  • Working knowledge of various tools such as Aha, Rally etc.


At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone - of every race, gender, sexuality, age, location and income - deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

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Frequently Asked Questions

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Why work at Optum

Optum is a leader in the healthcare services sector, offering a diverse range of opportunities for professionals to thrive. Optum is committed to creating a healthier world while empowering its employees to grow and succeed. Working at Optum provides numerous benefits including access to cutting-edge technology, a collaborative work environment, and the opportunity to make a significant impact on global health. Optum values innovation, diversity, and the expertise of its team members, making it a rewarding place for those seeking to advance their careers.

Optum offers competitive compensation and a comprehensive benefits package that includes health insurance, retirement savings plans, paid time off, and continuous learning opportunities. Employees are provided with the resources they need to achieve both personal and professional goals while contributing to projects that have real-world implications.

Working here means being part of a mission-driven organization that prioritizes the welfare of both its clients and workforce. For those seeking a career where you can help shape the future of healthcare, Optum provides a promising platform to make that aspiration a reality.

What's it like to work at Optum

Optum prides itself on maintaining a dynamic and inclusive work culture that encourages collaboration across all levels. Employees at Optum find themselves part of a team-oriented environment that thrives on innovation and mutual respect. The company fosters continuous learning and emphasizes career development, allowing individuals to expand their expertise and grow within the organization.

At Optum, work-life balance is not just a catchphrase but a guiding principle, with flexible working arrangements and a focus on employee well-being. The company hosts regular programs and initiatives aimed at improving workplace satisfaction and ensuring that employees feel valued and motivated. Moreover, the diverse workforce at Optum reflects the company’s commitment to inclusivity and equal opportunities, creating an enriching environment where ideas from all backgrounds are appreciated and harnessed.

What's it like to work as a Product Manager at Optum

As a Product Manager at Optum, you are at the nexus of innovation and implementation, driving the development of products that make a substantial impact on healthcare services. Product Managers at Optum are entrusted with the responsibility of guiding products from inception through deployment, ensuring they meet market demands and align with the company's mission of improving healthcare outcomes.

A typical day in the life of a Product Manager at Optum involves collaborating with cross-functional teams including engineering, design, and marketing to refine product features and user experiences. Product Managers play a crucial role in strategizing product roadmaps, conducting market research, and evaluating product performance to inform future development decisions.

Optum provides Product Managers with the tools and autonomy needed to bring innovative solutions to life. The role is not only about managing products but also about inspiring teams to deliver results that align with broader organizational goals. Product Managers at Optum are leaders, problem solvers, and advocates for innovation, ensuring every product developed enhances healthcare services and adds value to beneficiaries.

Product Manager interview questions at Optum

Preparing for a Product Manager interview at Optum can be a challenging and rewarding experience. Candidates can expect questions that explore both their technical expertise and their ability to innovate within the healthcare sector. Here are some common interview questions for a Product Manager role at Optum:

  1. Describe a product you have managed from its conception to launch. What were the key challenges, and how did you address them?

  2. How do you prioritize product features, and what factors influence your decision-making process?

  3. Discuss a time when you had to work with cross-functional teams. How did you ensure effective communication and collaboration?

  4. How would you approach a situation where a product is not performing well in the market?

  5. Explain how you gather and utilize customer feedback to inform product development.

  6. Describe your experience in managing a product lifecycle and adapting to market changes.

These questions are designed to gauge a candidate’s proficiency in managing product development processes, facilitating team collaboration, and their ability to align product strategies with Optum’s mission.

Product Manager interview preparation at Optum

To excel in a Product Manager interview at Optum, candidates should focus on understanding the company’s mission and goals within the healthcare sector. Researching Optum’s current products and initiatives will provide valuable context for interview discussions.

Candidates should polish their storytelling skills to effectively communicate past experiences, focusing on how they’ve contributed to successful product launches. Understanding product management frameworks and methodologies, such as Agile and Lean, will also bolster candidates' ability to discuss systematic approaches to product challenges and development.

It’s beneficial to have a comprehensive understanding of market trends within the healthcare industry to demonstrate an awareness of the external factors affecting Optum’s product strategies. Additionally, being able to articulate the impact of technology on healthcare services, and how you can leverage this in product development, will likely resonate well during interviews.

Product Manager interview tips at Optum

  1. Understand the Optum Ecosystem: Having a robust knowledge about Optum’s place within the healthcare industry, its products, and its competitors will demonstrate your genuine interest and preparedness.

  2. Emphasize Data-Driven Decision Making: Showcase your ability to use data analytics to drive product decisions. Optum values metrics-driven strategies that enhance product performance and customer satisfaction.

  3. Highlight Leadership and Collaboration: Demonstrate your leadership abilities and experience working collaboratively with teams from diverse functions. Optum looks for candidates who can effectively lead projects and foster a team environment.

  4. Prepare for Behavioral Questions: Be ready to answer situational questions that reveal your work ethic, problem-solving capabilities, and adaptability in dynamic settings.

  5. Ask Insightful Questions: Engage your interviewers with questions about Optum’s future product directions or challenges. This shows you are thinking ahead and interested in contributing to the company’s growth.

By focusing on these areas, candidates can present themselves as strong contenders for a Product Manager role at Optum, showcasing both their expertise and alignment with the company’s objectives for innovation and excellence in healthcare delivery.