Senior Product Manager

Cambia Health Solutions•Washington, DC

10d•$127,000 - $231,000•Hybrid

About The Position

Cambia is seeking a Senior Product Manager to lead portfolio strategy and market positioning across six states as part of its Product and Partnerships team. The role integrates related product lines, translates complex market dynamics into actionable strategy, and serves as a key liaison to senior leadership and external stakeholders, including employers and producers. The Senior Product Manager sets portfolio-level direction, empowers supporting product managers to execute with autonomy, and proactively owns outcomes and opportunities. The work is intended to help make members’ health journeys easier. The role is hybrid, with three days per week in an office. Offices listed are Salt Lake City, Boise, Fargo, Portland, Vancouver, Renton, Medford, Burlington, Lewiston, Little Rock, and Springdale. Preference is given to current employees and candidates who live within commuting distance of the Salt Lake City, Boise, Fargo, Lewiston, Little Rock, or Springdale offices, or are willing to relocate. The Senior Product Manager partners with the Director of Product Management and senior business leaders on portfolio strategy and performance. The role takes ownership of portfolio outcomes, defines and tracks performance measures, analyzes results and market conditions, and works across functions to ensure strategies can be executed and comply with relevant requirements. It also mentors supporting product managers. The position requires a BA/BS in Business Administration or a relevant field and 10 or more years of product management experience in healthcare, or an equivalent combination of education and experience. Experience must align directly with the products being managed. An MBA is preferred. Compensation varies by work location. For the national pay structure (Boise and Lewiston, Idaho; Salt Lake City, Utah; Oregon; and Washington), the expected salary range is $150,500–$203,600, with a full range of $141,000–$231,000 and an 18% bonus target. For the regional pay structure (North Dakota and Arkansas, as well as Idaho and Utah locations outside the specified metro areas), the expected salary range is $135,400–$183,200, with a full range of $127,000–$208,000 and an 18% bonus target. Cambia describes itself as a purpose-driven organization focused on creating a person-focused and economically sustainable health care system. The company offers work-from-home options for most roles, subject to wired internet requirements. New hires need access to a personal mobile device to set up multifactor authentication. A background check is required.

Requirements

BA/BS in Business Administration or a relevant field and 10+ years of healthcare product management experience, or an equivalent combination of education and experience.
Experience directly aligned with the products being managed.
Experience managing product portfolios across multiple states or markets.
Direct experience with self-funded/ASO product design and administration.
Established relationships within employer or producer communities.
Experience with AI tools and technologies to enhance productivity and decision-making.
Exceptional strategic thinking and ability to synthesize complex information into clear direction.
Deep expertise in commercial health insurance products.
Track record of developing and executing product strategies that drive measurable business results.
Experience operating in multi-state regulatory environments with complex compliance requirements.
Experience translating market dynamics and customer needs into actionable product strategy.
Executive presence and communication skills for senior leadership and external stakeholder engagement.
Exceptional written and verbal communication skills, including executive-level presentations.
Ability to translate technical product details into strategic business language.
For the hybrid arrangement, work from an office three days per week.
Access to a personal mobile device for setting up multifactor authentication upon joining.
Successful background check.

Nice To Haves

MBA.
Willingness to relocate, or residence within commuting distance of the Salt Lake City, Boise, Fargo, Lewiston, Little Rock, or Springdale offices.

Responsibilities

Serve as a strategic partner to the Director of Product Management in engaging department leadership and senior business leaders on portfolio strategy and performance.
Own portfolio performance and business outcomes, proactively identifying growth opportunities and competitive threats.
Synthesize market intelligence, regulatory requirements, competitive dynamics, and customer insights into portfolio strategy.
Define and track portfolio-level KPIs, including enrollment, profitability, market share, and customer satisfaction.
Analyze product performance against strategic objectives and competitive benchmarks.
Identify performance gaps and drive corrective action with cross-functional teams.
Partner with actuarial, underwriting, sales, operations, and compliance teams to ensure portfolio strategy is executable and compliant.
Navigate organizational complexity to secure resources and alignment for strategic priorities.
Maintain strategic coherence across markets while accounting for state-specific regulatory and market requirements.
Mentor supporting product managers in strategic thinking, stakeholder management, and business acumen.

Benefits

Competitive base pay and bonus opportunities; the stated bonus target is 18%.
401(k) retirement plan with company match and a potential discretionary contribution based on company performance.
Medical, dental, and vision coverage for employees and eligible family members, including mental health benefits.
Annual employer contribution to a health savings account.
Paid time off that varies by role and tenure, plus 10 company-paid holidays.
Up to 12 weeks of paid parental time off, subject to eligibility requirements.
Wellness programs that reward participation.
Employee Assistance Fund.
Commute and parking benefits.
Work-from-home options for most roles.
Employee resource groups.
Cambia-supported community outreach opportunities.