Sr Product Manager, Pharmacy Benefits Management (Remote) Job at Elevance Health

Elevance Health Iselin, NJ

Work location: Remote


The Product Manager Sr is responsible for the development of products in both new and existing markets.

How you will make an impact:

  • Evaluates existing products and competitor and industry data to improve existing products and make recommendations for new products.
  • Develops and implements long term profitability strategies for market segment including market positioning, new product design pricing parameters, risk profiles, and legislative/regulatory responses.
  • Coordinates presentation, communication and implementation of all phases of product development.
  • Ensures all products are compliant with regulatory directives and state/federal laws and policies.
  • Serves as a product expert and a relationship manager to the core clients.
  • Monitor, measure, and communicate delivery against plans and the quality of outcomes.
  • Develop, track, and monitor budget and spending.
  • Act as a decision maker/SME on projects & provide guidance on complex issues and projects
  • Often takes responsibility for additional projects sponsored within the team.

Minimum Requirements:

  • Requires a BA/BS degree in a related field and a minimum of 4 years of related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Capabilities, Skills, and Experiences:

  • Experience with specialty drugs
  • Experience using client needs/marketplace feedback to drive product solutions
  • Underwriting and Pricing knowledge, a plus
  • Matrix management and Client-facing experience a plus
  • MBA preferred.
  • Health or managed care experience preferred.

For candidates working in person or remotely in the below locations, the salary* range for this specific position is $84,320 to $145,452

Locations: Colorado; Nevada, Jersey City, NJ; New York City, NY; Ithaca, NY and Westchester County, NY

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the company. The company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

  • The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.


Be part of an Extraordinary Team

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. Previously known as Anthem, Inc., we have evolved into a company focused on whole health and updated our name to better reflect the direction the company is heading.

We are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide - and Elevance Health approves - a valid religious or medical explanation as to why you are not able to get vaccinated that Elevance Health is able to reasonably accommodate. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health has been named as a Fortune Great Place To Work in 2021, is ranked as one of the 2021 World's Most Admired Companies among health insurers by Fortune magazine, and a Top 20 Fortune 500 Companies on Diversity and Inclusion. To learn more about our company and apply, please visit us at careers.elevancehealth.com. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ability@icareerhelp.com for assistance.




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