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Senior Pharmacy Product Manager
Mountlake Terrace, WA
May 13, 2025
Full-time

Workforce Classification:

Hybrid


Join Our Team: Do Meaningful Work and Improve People’s Lives

Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare.

To better serve our customers, we are fostering a culture that emphasizes employee growth, collaborative innovation, and inspired leadership. We are dedicated to creating an environment where employees can excel and where top talent is attracted, retained, and thrives. As a testament to these efforts, Premera has been recognized on the 2025 America's Dream Employers list. Newsweek honored Premera as one of America's Greatest Workplaces, America's Greatest Workplaces for Inclusion, and America's Greatest Workplaces For Mental Well-Being, Forbes ranked Premera among America’s Best Midsize Employers for the fourth time.

Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog: https://healthsource.premera.com/.

The Senior Pharmacy Product Manager, reporting to the Director of Pharmacy & Clinical Consulting, will play a pivotal role in shaping and managing strategies, including the design and launch of new products, as well as enhancing existing ones across all markets and segments. You will be responsible for developing recommendations, providing expert consultations, and conducting assessments and analyses to support corporate priorities, market strategies, product strategies, and product launches. This role is essential for the Pharmacy Products function, which is vital for the organization's growth and profitability. Your work will enable us to respond to market demands, create and curate solutions that bring value to employers, which is key to pharmacy affordability initiatives.

What you’ll do:

  • Develop the pharmacy product roadmap (along with leadership) to focus on improving affordability, member experience and total cost of care.
  • Responsible for building the business case, ROI analysis, and leading stakeholder alignment for the plan to accomplish the product objectives.
  • Anticipate the impact of the changing healthcare and regulatory environment on existing market segments and products and propose strategies, tactics, and new or modified products accordingly.
  • Monitor product performance and set targets, using data to assess membership, revenues, costs, margin, competitive positioning, NPS, and other performance drivers.
  • Design and develop products through final specifications using Agile approach. Create, maintain and outline work in the product pipeline.
  • Oversee product performance and operations throughout the entire lifecycle. Identify opportunities for improvement and address issues that need resolution, feeding these into the product pipeline
  • Collaborate with the product implementation team to create and manage work plans for launching new and updated products, as well as phasing out existing ones. Identify opportunities for learning and process improvement throughout the product lifecycle
  • Work with cross-functional teams and maintain strong relationships with business partners to achieve objectives, improve performance and remove obstacles. Test new concepts and initiatives with teams and leaders across the Enterprise.
  • Lead development of product-related communications, including RFPs, strategic presentations, sales training, product collaterals, and interactions with internal and external stakeholders.
  • Lead relationship with vendors that support products (selection, contracting, performance management, issue resolution, sunsetting)

What you’ll bring:

  • Four-year college degree or six (6) years of product, consulting, planning, research or equivalent health industry work experience (Required)
  • Six (6) years of product development, product management, marketing, consulting or related experience, with four (4) years’ experience in healthcare (Required)
  • Two (2) years independently managing work and/or other staff successfully complete work efforts and/or projects (Required)
  • Health plan or PBM experience strongly preferred

Premera total rewards

Our comprehensive total rewards package provides support, resources, and opportunities to help employees thrive and grow. Our total rewards are more than a collection of perks, they're a reflection of our commitment to your health and well-being. We offer a broad array of rewards including physical, financial, emotional, and community benefits, including:

  • Medical, vision, and dental coverage with low employee premiums.

  • Voluntary benefit offerings, including pet insurance for paw parents.

  • Life and disability insurance.

  • Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.

  • Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.

  • Generous paid time off to reenergize.

  • Looking for continuing education? We have tuition assistance for both undergraduate and graduate degrees.

  • Employee recognition program to celebrate anniversaries, team accomplishments, and more.

For our hybrid employees, our on-campus model provides flexibility to create your own routine with access to on-site resources, networking opportunities, and team engagement.

  • Commuter perks make your trip to work less impactful on the environment and your wallet.

  • Free convenient on-site parking.

  • Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.

  • Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.

  • Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.

  • Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.

Equal employment opportunity/affirmative action:

Premera is an equal opportunity/affirmative action employer. Premera seeks to attract and retain the most qualified individuals without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, gender or gender identity, sexual orientation, genetic information or any other protected characteristic under applicable law.

If you need an accommodation to apply online for positions at Premera, please contact Premera Human Resources via email at careers@premera.com or via phone at 425-918-4785.

The pay for this role will vary based on a range of factors including, but not limited to, a candidate’s geographic location, market conditions, and specific skills and experience.

The salary range for this role is posted below; we generally target up to and around the midpoint of the range.

National Plus Salary Range:

$119,900.00 - $203,800.00

*National Plus salary range is used in higher cost of labor markets including Western Washington and Alaska.

We’re happy to discuss compensation further during the interview because we believe that open communication leads to better outcomes for all. We’re committed to creating an environment where all employees are celebrated for their unique skills and contributions.

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Senior Pharmacy Product Manager
Premera Blue Cross
Mountlake Terrace, WA
May 13, 2025
Full-time
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