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Vice President, Product Management

Company: Panalgo

Location: Remote, United States

Date Posted: Sep 26, 2024

Employment Type: Full Time

Job ID: R-604

Description

About Panalgo

Panalgo's mission is to improve healthcare through innovative analytics. Our team has built a next-generation analytics platform, Instant Health Data (IHD), to generate insights into population health, quality of care, efficiency of medical research, and cost management. Panalgo provides novel solutions to allow the world’s largest life science companies, health plans, and provider groups to better understand the clinical outcomes and value of various patient care strategies.

Panalgo is proud to be a part ofNorstella, an organization that consists of market-leading pharmaceutical solutions providers united under one goal: to improve patient access to life-saving therapies. Within this organization, Panalgo plays a key role in helping clinical and commercial stakeholders understand the real-world implications of payer and prescriber behavior – and helping clients connect the dots from pipeline to patient.

Job Description

IHD, our healthcare analytics software, streamlines the analytics process by removing complex programming from the equation and allowing you to focus on what matters most - turning data into insights. The IHD platform comprises foundational services to accelerate the development and connection of our products across Norstella business units.

The VP, Product Management will be responsible for a portfolio of data and platform components that enable data integration, RWE, data visualization, governance, and data quality. They will shape the strategic and technical vision for our platform to enable a range of healthcare products and data offerings - and will lead a team of product managers to execute this vision. Working with a broad set of cross-functional stakeholders, the successful candidate will be a key enabler in visioning, scoping, and prioritizing platform capabilities across our product roadmaps. The successful candidate will serve as a key thought leader by understanding the challenges and benefits of real-world data, real world evidence and clinical research, and market landscape to maximize its value.

Success will be measured by the maturation of the product pipeline, new product delivery and overall advancement of capabilities.

Key Duties and Responsibilities

• Define and communicate the product vision and strategy in alignment with company goals.

• Conduct market research to identify trends, opportunities, and customer needs.

• Develop and prioritize product roadmaps based on business objectives and customer feedback.

• Oversee the entire product lifecycle from ideation to retirement, ensuring continuous improvement.

• Lead and mentor a team of product managers and designers, fostering a culture of collaboration and innovation.

• Manage resources effectively to ensure successful product development and launch.

• Collaborate with engineering, design, marketing, sales, project management and customer support teams to align product initiatives.

• Work closely with customers to gather feedback and validate product concepts.

• Establish key performance indicators (KPIs) to measure product success and make data-driven decisions.

• Regularly assess product performance and make adjustments based on analytics and user feedback.

• Develop and manage the product budget, ensuring resources are used efficiently to achieve business goals.

• Analyze product profitability and recommend adjustments to pricing or features as needed.

• Stay updated on industry trends and competitive landscape to drive innovation.

• Oversee the development of prototypes and MVPs to test ideas and gather user feedback early in the process.

• Establish product governance policies to ensure compliance with industry regulations and company standards.

• Present product updates, performance reports, and strategic initiatives to the executive leadership team.

• Ensure clear communication of product strategies and updates across the organization.

Key Requirements

• 15+ years of experience in product management, with a focus with at least 4 years focused on healthcare in clinical research /RWD /RWE product development

• Proven track record of leading and mentoring product teams, ideally in a senior or executive role.

• Ability to develop and execute long-term product strategies aligned with business goals.

• Strong analytical skills to interpret market trends and customer insights.

• Experience working effectively with engineering, design, marketing, and sales teams.

• Proficiency in using data analytics to inform product decisions and measure success.

• Passion for understanding and addressing customer needs and pain points.

• Familiarity with Agile methodologies, product lifecycle management, and user experience design principles.

• Understanding of technology and software development processes.

• Strong verbal and written communication skills to articulate product vision and strategy to stakeholders.

• Ability to influence and negotiate with cross-functional teams and executive leadership.

• Capability to inspire and motivate teams while fostering a culture of innovation and accountability.

• Strong analytical and problem-solving skills to address challenges and identify opportunities.

• Track record of delivering successful products on time and within budget while meeting customer expectations.

• Ability to thrive in a fast-paced, changing environment and adapt strategies as needed.

• Bachelor’s and/or master's degree in computer science, Data Science, Business and/or related discipline. Suitable and substantiated real-world experience may also be considered for highly qualified candidates.

Our Guiding Principles for success at Norstella:

01: Bold, Passionate, and Mission-First

02: Integrity, Truth, and Reality

03: Kindness, Empathy, and Grace

04: Resilience, Mettle, and Perseverance

05: Humility, Gratitude, and Learning

Benefits:

• Medical and Prescription Drug Benefits

• Health Savings Accounts (HSA) or Flexible Spending Accounts (FSA)

• Dental & Vision Benefits

• Basic Life and AD&D Benefits

• 401k Retirement Plan with Company Match

• Company Paid Short & Long-Term Disability

• Paid Parental Leave

• Education Reimbursement

• Paid Time Off & Company Holidays

The expected base salary for this position ranges from $220,000 to $240,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered. In addition to base salary and a competitive benefits package, successful candidates are eligible to receive a discretionary bonus.

Norstella is an equal opportunity employer. All job applicants will receive equal treatment regardless of race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, physical or mental disability or handicap, medical condition, sex (including pregnancy and pregnancy-related conditions), marital or domestic partner status, military or veteran status, gender, gender identity or expression, sexual orientation, genetic information, reproductive health decision making, or any other protected characteristic as established by federal, state, or local law.

All legitimate roles with Norstella will be posted on Norstella’s job board which is located at norstella.com/careers. If a role is not posted on this job board, a candidate should assume the role is not a legitimate role with Norstella. Norstella is not responsible for an application that may be submitted by or through a third-party and candidates should proceed with extreme caution if a third-party approaches them about an open role with Norstella. Norstella will never ask for anything of value or any type of payment during or as part of any recruitment, interview, or pre-hire onboarding process. If you are aware of or have reason to believe a job posting purportedly for a role with Norstella is fraudulent or otherwise not authorized by Norstella, please contact the Company using the following email address: [email protected] .

Norstella is an equal opportunity employer. All job applicants will receive equal treatment regardless of race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, physical or mental disability or handicap, medical condition, sex (including pregnancy and pregnancy-related conditions), marital or domestic partner status, military or veteran status, gender, gender identity or expression, sexual orientation, genetic information, reproductive health decision making, or any other protected characteristic as established by federal, state, or local law.