Lead IT Product Manager

Magellan Health
•$117,860 - $200,360

About The Position

The Lead IT Product Manager partners with business and client stakeholders to define the vision and strategy for a large-scale product portfolio or multiple portfolios, build and execute roadmaps, and measure business value. In Magellan IT, a product may be an application, platform, process, or service provided to internal or external partners. The role includes demand management, project and incident escalation, third-party vendor relationship management, release planning, cross-functional coordination, and business- or client-facing presentations about capabilities and initiative health. The position also provides thought leadership and best practices and coaches or mentors junior team members. The Lead IT Product Manager is accountable for product strategy, roadmaps, feature definition, release plans, and delivery commitments. The role collaborates across business, technical, sales, account management, project management, and development teams to shape requirements, assess technical and commercial options, manage financial considerations, and drive product delivery, adoption, and effectiveness. It also identifies risks and mitigation strategies, assesses return on investment, and plans for product obsolescence and data migration.

Requirements

  • 10+ years of product management experience.
  • 6+ years of experience leading teams.
  • Experience with Agile software development methodologies.
  • Work experience in IT product management.
  • A bachelor's degree or a combination of education and work experience may be considered.

Responsibilities

  • Partner with business partners to define business value and set product boundaries.
  • Own the strategy, roadmap, and feature definition for a product or product line.
  • Deliver roadmap commitments by participating in design sessions, scrum meetings, product demonstrations, planning sessions, and mitigation activities.
  • Use direct resources, indirect reports, and third parties to define technical requirements and design needs for initiatives.
  • Develop release plans that prioritize features and functionality according to business value and speed to market.
  • Compare product capabilities with the industry landscape and conduct build-versus-buy analysis in partnership with business and technical resources.
  • Assess architectural landscape, integration capabilities, and impacts to people, processes, and technology.
  • Understand pricing and licensing models for SaaS consumption and on-premise perpetual licenses.
  • Identify product and supporting-environment efficiency opportunities that enhance and protect data integrity, including data efficacy and reconciliation.
  • Participate in financial planning and monitoring, including budget setting, forecasting, spend tracking, and variance explanations.
  • Partner with sales to align technical capabilities with proposed service scope and review or propose contractual language that safeguards client and Magellan IT interests.
  • Work with account management and business stakeholders to capture and communicate requirements to development teams.
  • Lead or participate in client-facing meetings to define scope, outline capabilities, and represent initiative status.
  • Identify key performance indicators to monitor product effectiveness.
  • Forecast product obsolescence and plan migration strategies for data transition when retiring a product.
  • Collaborate across the organization with project managers, iteration managers, and other stakeholders to support product delivery, adoption, and effectiveness.
  • Assess cost versus benefit and return on investment.
  • Adapt product direction to changing business needs and identify risks and mitigation strategies.
  • Provide thought leadership and best practices, and coach or mentor junior team members.
  • Comply with security responsibilities, position-specific security controls, applicable legal, regulatory, and contractual requirements, and internal policies and procedures.

Benefits

  • The position may be eligible for short-term incentives.
  • Comprehensive benefits package, including health, life, voluntary, and other benefits and perks supporting physical, mental, emotional, and financial wellbeing.
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