Senior Director, OI Portfolio Strategy

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.

Optum, part of UnitedHealth Group (NYSE: UNH), is a leading information, technology-enabled health services, and software business dedicated to helping make the health system work better for everyone. We work with governments, employers, partners, and providers to care for over 146 million people and share a vision of a value-based system of care that provides compassionate and equitable care. With more than 190,000 people worldwide, Optum delivers intelligent, integrated solutions that help to modernize the health system and improve overall population health.

At Optum Insight (OI), we champion continuous innovation to provide software, network, and data analytics, technology-enabled services, advisory, and revenue cycle management offerings to help make health care work better for everyone.

Within OI’s Product Organization, the Product Strategy and Innovation team is responsible for overseeing OI’s portfolio of software and services products, coordinating investments and innovation across market teams. We help our product teams bring new ideas to market faster via prioritized investment, supported market activation, external and internal partnerships, and acquisitions.

OI Product Portfolio Strategy is a new team that will oversee the health and performance of OI’s full portfolio of services and software products. The team will ensure alignment between the product portfolio and OI’s strategic objectives, prioritize product initiatives, monitor product performance, and recommend adjustments to the portfolio, including innovation, acquisition, and sunset decisions.

The Sr Director, Product Portfolio Strategy is responsible for building this new team and collaborating with cross-functional leaders across the organization meet the team’s objectives.

Portfolio Strategy Team Business Objectives

• Optimize Investments: Ensure investments and resources are prioritized for high-growth, high-potential products
• Risk Management: Build a diversified portfolio that measures and manages risk at both the product and portfolio levels
• Strategic Alignment: Balance the portfolio to meet short-term financial goals while building a long-term pipeline for sustainable growth through innovation
• Transparency: Empower and inform decision-making with realistic estimates of portfolio value
• Agility: Improve market responsiveness and innovation speed through flexible capital allocation
  
  

You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities

Monitor and Regularly Evaluate the Health of the Product Portfolio:

• Define metrics to monitor each product across financial performance, client performance, market potential, strategic value, investment performance, and risk
• Develop processes to define product lifecycle staging decisions
• Identify portfolio objectives in terms of diversification, risk, and balance between short-term and long-term strategic objectives
• Collaborate with finance, operations, and other product leaders to compile metrics into a data store
• Aggregate product metrics into portfolio analytics to monitor portfolio against financial, operational, and strategic objectives and guide future investment or reallocation decisions
  
  

Oversee Capital Investment Strategy

• Define investment grading criteria to support ranking and prioritization of investment requests based on strategic alignment, product performance, and risk/time-weighted outcomes
• Oversee the capital request process and make recommendations on prioritization
• Support agility through stage-gating high-risk investments and managing an innovation fund throughout the year
• Monitor and report on capital investment performance throughout the lifecycle: capital allocation, utilization, program delivery, and ROI
  
  

Build And Develop a Team

• Establish the above functions and maintain delivery with a high degree of excellence
  
  

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications

• 10+ years of experience in product portfolio management, strategy, in healthcare or technology sectors
• 10+ years of experience of strategically analyzing data for building investment frameworks
• Experience identifying the highest impact products, where to invest, what to sunset, and where the gaps are in the product portfolio
• Experience in capital investment strategy and financial analysis
• Proven solid analytical skills with the ability to define and monitor key performance metrics
• Proven excellent leadership and team-building skills in a remote environment
• Proven solid communication and collaboration abilities with cross-functional teams
• Demonstrated consulting and problem-solving mindset
• Ability to manage multiple priorities and adapt to changing business needs
  
  

Preferred Qualifications

• Demonstrated strategic thought leadership: capable of leading a team through ambiguity to establish new programs
• Ability to thrive and quickly adapt to change, leading others through change in a dynamic, fast-paced industry and work environment
• Demonstrated results-oriented style with a high degree of analytical ability and proven critical thinking skills
• Ability to maintain confidentiality and discretion (situational awareness, high emotional intelligence)
• Ability to effectively build solid relationships and partnerships within the company
• Ability to communicate effectively at all levels of the organization. Have ability to foster a cooperative work environment and deal proactively and productively with conflict.
• Ability to prioritize recruiting and retaining top talent, build consensus, and rally members to achieve results
• All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy.
  
  

The salary range for this role is $150,200 to $288,500 annually based on full-time employment. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.