Director, Product Management Cross-Market Strategy

Overview: TheDirector, Product Management(Cross Market strategy)willprovide leadership inthe development and execution of business strategy for the Company's product growth across multiple solutions/services.Contributinginputsinto financial forecasts and results,this rolewill transform business and market strategies into solutions for problems that are urgent, pervasive and that the market will pay to solve.This Directorwillownmarket research and infuse thought leadership across business unitsthatinvolve the provider sideand cross-functional teams throughout product development, launch, and ongoing service provision. In addition to the performance of such other services assigned or delegated by the Company, this Director ofPMwill communicate to key stakeholders, including the Executive Leadership Team, and will engage with customers and business partners to understand new market needs, as well asdefineroadmaps, product requirements, operational standardsfor execution and sales.This personwill demonstrate technical expertise, as well as product management discipline, to bring cutting-edge solutions and assets to market, resulting in delighted customers and sustained growth.

Duties and Responsibilities:

• For commercially facing solutions/services,own designofa strategic, multi-year business plan and blueprint to meet the product goals around key metrics (e.g., revenue, EBIDTA)

• Alignwith ELT onstrategic initiatives and prioritization of cross-BUproduct/dev products.

• Facilitatea regular review/update cadence (no less than quarterly) andhelp ensurerevenue attainment

• Conductsresearchand works with cross functional teamsto evaluate market landscape, technologies, industry, and competitive trends

• Engage with customers,users,internal stakeholders, and business partners todrive requirements and roadmap and product vision, while understanding the Company's distinctive competencies

• Own functional requirements, User Journeys, workflows and use case scenarios,prioritization of requirements, tradeoffs based onpartnering with Engineering

• Provide market-driven requirementstoengineering fora long-term scalable architecture

• Work closely with UX designers to develop software and data solutions that will delight users

• Own completeness and review of all scoped requirements at the release and product portfolio level and maintenance of all requirements inAgile-development tools such asADO,Sharepoint, Figmaor similartechnology products

• Maintaina published roadmap outlining ideas, value, and timing of those to market, as well as the fit within the product portfolio

• Design and/or partner on solutions and services - driving early-stage technologies, supporting design-led research, reviewing prototype development, andfinalizingfit into the product portfolio

• Contribute toidentificationand evaluation ofpotential third-party partnerships on an ongoing basis

• Ownpricing and distribution strategy and definition

• Support definition ofcontract terms and templates and ensure solution/service compliance, including data policies, during definition and early-stage phases

• SupportProductMarketingrelativeto positioning, messaging, and launch of solutions/services;

• Support Operations and Customer Supportrelativeto executionand customer satisfaction

• Support Sales and Customer Success, on opportunity development and closure - when complexity and need for subject matterexpertiseare present

• Maintain compliance withInovalon'spolicies,proceduresand mission statement, including HIPAA and other confidentiality requirements

• Fulfill those responsibilities and/or duties that may bereasonably providedby Inovalon for the purpose of achievingoperationaland financial success ofthe Company.

Job Requirements:

• 10+ yearsHealthcare experience in provider,payerand/or pharma

• 10+yearsexperienceinproduct management,leading product management business strategy, financial/business modeling and analysis, business plan development, market/industry research, and competitive analysis

• Visionary leader, ability to manage a "whole product" and lead virtual teams

• Experience writing specs,creating a roadmap, driving engineering

• Cloud-based product acumen

• Experience working with healthcare data& defining novel healthcare workflows

• Self-starter and'Get things done attitude' along with great organizational skills

• Proventrack recordin building new software products and introducing them tomarket;

• Mastery of Agile process,ADO,Sharepoint, Copilotor similar tools

Education:

• Bachelor's Degreeisrequired;and

• Master'sdegree in related fields is highly desired.

Physical Demandsand Work Environment:

• Sedentary work (i.e.,sitting forlong periodsof time);

• Exerting up to 10 pounds of force occasionally and/or negligible amount offorce;

• Subjectto insideenvironmental conditions; and

• Travel for this positionmay be seasonalforspecific product lineswhichmay lead to concentrations of travel during specific periods of theyear, butgenerally shouldnot exceed 25% on an annual basis.