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Product Management
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Risk Solutions
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LNR007HL Requisition #

We are seeking a Director Product Management for our Health Care vertical.  This person will own one or smaller products or critical product features within a complex product, requiring extensive company coordination. He/she will set the agenda for product domain(s) and drive program execution and propose new business or product strategies, and provide input “build vs buy” decisions. This individual will also have direct management responsibility for product managers, including responsibility for their recruitment and development.


Responsibilities:

  • Customer Focus - Interacts with customers frequently and understands their use cases and business in great depth. Thoroughly understands competitive products and strategy, and how they influence customer decisions. Balances organizational needs with customer needs and creates a strategic plan for the organization. Predicts trends within customer segments. Discerns how value is defined and perceived by each customer segment. Interacts with other companies in their industry domain and engages with start-ups.

  • Data-Driven Decision-Making & Analysis - Drives formulation of overall research/testing strategy and ensures product decisions are based on data. Evaluates intangible and/or cross-business implications of strategic decisions. Prioritizes hypothesis-driven product evaluation strategies, including AB testing for interactive products, while contributing to broader data-analyses strategies and platforms. Is skilled in breaking down large complex issues into simpler elements that can be effectively addressed. Establishes aggressive KPIs for the team to measure success. Leads teams to make decisions where quantitative data is unavailable.

  • Go to Market & Product Marketing Lifecycle - Develops go to market strategy and launch plans at the product level through coordination with stakeholders and is accountable for coordinated execution across product, sales, marketing and other customer facing teams. Ensures ROI for go to market strategy, including revenue goals. Develops appropriate metrics and tracking of launch initiatives and ensures reporting to stakeholders. Develops positioning, themes, and messaging and pricing strategy across products to minimize potential conflict. Evangelizes product for sales, customers, and media. Anticipates market changes; adapts and adjusts product strategy as needed.

  • Product Delivery & Development Lifecycle - Actively gathers data from multiple sources (customer, market, revenue, etc.) to drive effective solutions to business problems and strategic issues. Oversees the strategy, planning and execution. Is a thought leader and innovator for his/her product. Ensures team is effectively following product and software development processes, including agile processes. Understands product development in the context of the industry (nuances associated). Demonstrates a track record in driving process improvement initiatives that have long-term value to the business and/or the customer.

  • Strategy & Commercial Acumen - Defines and articulates a clear product strategy within a specific market or geography. Gathers a wide range of information from internal and external sources to drive commercially viable decision or the product and organization. Ensures product strategy considers how the product requirements will be fulfilled through buy, build or partner options. Understands how commercial decisions for a product impact other areas of the business and customer. Proactively takes steps to capitalize on product opportunities presented by the market position. Tracks and analyzes product expenses, cost to revenue and profitability

Qualifications:

  • Minimum Years of PM Experience: 10 years; Healthcare experience highly desired including Healthcare IT knowledge.  Deep knowledge in how provider data is moved and received is critical.

  • Bachelors or Master’s degree in a technical subject (Computer Science or Engineering discipline) is preferred. MBA or management degree strongly desirable.

  • Critical Experiences:  Track record of managing a successful suite of products that meet growth commitments. Track record of hiring and developing product management talent.  Experience managing change and driving motivation and engagement. 

  • Technical Skills:  Has a unique history and/or expertise in product domain and serves as a technical resource for other groups.  Is an expert in new technologies as required by job demands.

Competencies:

  • Personal Capability Practices Self-Development - Models self-development and supports others to take development actions Creates an atmosphere of continual improvement, in which self and others are encouraged to exceed the expected results Seeks out high-level sponsors and mentors Seeks out future career moves and job assignments

  • Solves Problems and Analyzes Issues - Identifies and highlights new trends, potential problems and opportunities early.  Effectively coaches others on how to analyze information to solve problems Encourages and coaches others to seek alternative ways to solve complex problems

  • Innovates - Actively contributes to team culture of innovation.  Focuses innovative effort on highest impact issues and areas. Is willing to take calculated risks.  Learns quickly from success and failure and effectively applies learning.  Encourages and supports others to share new ideas

  • Interpersonal Skills Communicates Powerfully and Prolifically - Provides people with a clear understanding of how their work fits within a wider organization.  Delivers presentations clearly and with high impact.  Develops a trusted 2-way communication interface between the team and stakeholders.  Provides a definite sense of direction and purpose

  • Collaboration and Teamwork - Promotes a high level of cooperation between all members of the work group.  Achieves objectives requiring a high level of cooperation from people in other parts of the organization.  Keeps team informed of all relevant information affecting the organization, team members and their work.  Takes the lead in resolving conflict within a work group.   Looks for ways for team to work with other teams and divisions

  • Builds Relationships - Balances “getting results” with a concern for others’ needs.  Is in touch with issues and concerns of individuals within the work group.  Initiates contact with other teams or divisions to build relationships that enhance the business results.  Is trusted by members of work group and across the organization.  Adds value to the relationship.  

  • Manages conflict within work groups~ Inspires and motivates others to high performance.  Ensures that personal style encourages a positive environment.  Energizes people to achieve high levels of performance.  Creates an environment that enables individuals to be motivated.  Inspires and sustains engagement through a shared purpose and vision.  Is able to employ different motivational strategies for different people and situations

  • Develops Others - Fosters a learning environment that encourages people to learn from experiences.  Creates effective development plans for individuals.  Jointly identifies and plans appropriate development activities related to current / future jobs and organizational needs to enhance team members’ skills and competencies.  Willingly gives challenging developmental goals or stretch assignments.  Helps people feel valued and included in coaching and development discussions by expressing confidence in their ability to excel

  • Focus On Results Drives for Results - Does everything possible to achieve goals.  Regularly measures and evaluates progress.  Holds others accountable and encourages others to take accountability for achieving results.  Accepts responsibility for the results-based outcomes of group.  Shares credit and recognition with others for achieving goals

At LexisNexis Risk Solutions, we believe in the power of data and advanced analytics for better risk management. With over 40 years of expertise, we are the trusted data analytics provider for organizations seeking actionable insights to manage risks and improve results while upholding the highest standards for security and privacy. Headquartered in metro Atlanta, LexisNexis Risk Solutions serves customers in more than 100 countries and is part of RELX Group plc, a world-leading provider of information and analytics for professional and business customers across industries. For more information, please visit www.lexisnexisrisk.com. LexisNexis Risk Solutions is an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law. If a qualified individual with a disability or disabled veteran needs a reasonable accommodation to use or access our online system, that individual should please contact 1.877.734.1938 or accommodations@relx.com.

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