Product Development Director plans and directs the resources and processes required to implement the vision and strategy for new product development and product lifecycle management of existing products. Establishes research and concept development projects and capabilities to innovate new products, product enhancements, and product redesign. Being a Product Development Director conducts market analysis and interacts with customers and prospects to identify new markets, articulate the value proposition, define requirements, and lead the development of a product roadmap. Oversees new product development and collaboration with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products support the organization's financial goals. Additionally, Product Development Director develops teams with the knowledge and expertise to fulfill product development objectives. Requires a bachelor's degree. Typically reports to senior management. The Product Development Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Product Development Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
What you can expect!
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Under the direction of the Senior Director, Commercial Products, the Director, Product Development will be responsible for developing product portfolios for all IEHP lines of business: Covered California, Medicare Advantage, Dual-eligible Special Needs Plans (D-SNP), and Group products. This role will manage the product development lifecycle, drive projects to conduct market analyses, work collaboratively to articulate strategy recommendations, and monitor key product metrics. In additional this leader will support product implementation, and other strategic initiatives to meet IEHP’s strategic membership growth objectives. This position will work closely with Division and Department Leaders in the design of products, relying on industry research, historical Product performance, feedback from key IEHP stakeholders, and market trends. The Director, Product Development will ensure products are aligned with IEHP’s Mission, Core Values, and Strategic Priorities and are in adherence with Federal and State regulations, contractual and licensing requirements, health plan accreditation, and the Plan’s functional departments business requirements.
Perks
IEHP is not only committed to healing and inspiring the human spirit of our Members; we also aim to match our Team Members with the same energy by providing prime benefits and more.
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Key Qualifications
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