15 days old

Product Senior Manager, Pharmacy Financial Strategy - Work from home

Memphis, TN 38103
  • Job Code
This role is Flex /WFH which allows most work to be performed at home or on occasion at a Cigna office location . Employees must be fully vaccinated if they choose to come onsite.

The Product Manager on the Pharmacy Product team will be responsible for leading the development and launch of new financial products and product enhancements.

This Product Manager will manage a team of three FTEs and manage the development, launch and maintenance of pharmacy financial programs (e.g., SafeGuard for Cigna, Rebate Point of Sale, Rebate Enhancements, and Performance Guarantees). The role will be responsible for identifying high value financial programs for enterprise funding, developing/ writing detailed requirements, explaining complex financial instruments in easy to understand ways and effectively work with cross functional players to operationalize enhancements and net new innovations. This individual must have financial acumen, be detailed orientated, highly organized, a strong communicator, a team leader/ coach as well as an excellent collaborator.

Primary Responsibilities:

Key leader on Pharmacy Product, Clinical Strategy team

  • Serve as the "go-to" resource for all pharmacy financial products and strategy
  • Nurture strong cross functional relationships with clear and regular communication
  • Responsible for managing a team and driving the team to articulate clear written product requirements to support development
  • Excellent communicator to explain complex financial programs and keep it simple
  • Highly organized to manage ideas, progress, risks and needs of all programs
  • Demonstrate curiosity to understand "how" and "why" existing systems/processes operate the way they do. Use knowledge gained to enhance product design and inspire new product solutions.
  • Ability to manage a high volume of programs at the same time and effectively prioritize time/ needs
  • Independently review RFPs and research market competition to ensure Cigna is keeping on par with the latest and greatest financial instruments

Manage a portfolio of product development projects in various stages of the product life cycle. Be responsible for final product design, market positioning, internal/external communications strategy and overall customer/client experience.

  • Finalize, prioritized, product development concepts and articulate go-forward project scope and approach.
  • Finalize project business case, using research, data and scenario modeling to demonstrate full understanding of range of potential outcomes
  • Develop product positioning, launch and overall communication strategy. Socialize widely to confirm full organizational alignment and support.
  • Drive executive level understanding and excitement for new product offerings, building credibility and trust as the primary subject matter expert for Pharmacy Product.
  • Lead product development project team as owner. Work efficiently with multiple internal and external stakeholders to overcome any/all design, build and launch challenges
  • Make day to day business decisions to manage project scope and budget to agreed upon deliverables.
  • Update on project progress to executive leadership as required
  • Provide functional level education, training and support as required
  • Champion new product offerings during development, launch and ongoing utilization.

Participate in pharmacy product, extended leadership team activities.

  • Provide input on recommended future direction and focus of Pharmacy Product team
  • Assist with identification and prioritization of new product development opportunities
  • Contribute to pharmacy product team best practices to drive continuous improvement
  • Contribute to the continuing education and development of the leadership team through sharing of subject matter expertise


  • Bachelor's degree required; MBA (or equivalent in PBM experience) preferred
  • 8+ years of experience in product development, finance, or business development
  • 8+ years' experience in product management
  • Working knowledge of pharmacy benefit providers
  • Experience / working knowledge with performance guarantees, pharmacy rebates and pharmacy discount offerings
  • Excellent written and verbal communication skills, including demonstrated ability to quickly translate ideas and insights into presentation ready documents
  • Excellent meeting facilitation and organizational skills
  • Strong financial, analytical, quantitative and interpersonal skills
  • Strong PowerPoint and excel skills (e.g., pivot tables, vlookups etc...)
  • Comfort with complex systems and processes
  • Demonstrated ability to work independently
  • Demonstrated ability to execute on multiple projects and excel in a results-orientated environment
  • Demonstrated ability to work with remote personnel to achieve agreed upon goals and objectives
  • Demonstrated ability to organize thoughts and vision into presentation-ready deliverables
  • Demonstrated decision making capability

This position is not eligible to be performed in Colorado.

About Cigna

Cigna Corporation exists to improve lives. We are a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Together, with colleagues around the world, we aspire to transform health services, making them more affordable and accessible to millions. Through our unmatched expertise, bold action, fresh ideas and an unwavering commitment to patient-centered care, we are a force of health services innovation. When you work with us, or one of our subsidiaries, you'll enjoy meaningful career experiences that enrich people's lives. What difference will you make?

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.

Posted: 2021-11-12 Expires: 2021-12-11
Sponsored by:
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Product Senior Manager, Pharmacy Financial Strategy - Work from home

Memphis, TN 38103

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