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A new day in healthcare. Together, CVS Health and Aetna help people on their path to better health.

Director, Product Management

Primary Location: McLean, VA
Additional Locations: VA-McLean
The New Product Department develops new product offerings for commercial business. As new products are developed, product management continues to be important. In this role, the ideal candidate will oversee and manage new products that are developed from the new product department. This includes leadership and direction of product management, gating, review, enhancements, and overall product performance.

Ownership of new and or existing portfolio of products. Responsible for overall portfolio performance. Manages the stage gate process. Understands and capitalizes on market opportunity and customer need. Rationalizes portfolio and sunsets products. Leads team of product managers and/or analysts.

The successful candidate has a strong background in health care strategy, product development, and experience working in a matrix organization. In addition, demonstrated success in the Commercial health insurance will be important.

Note: This is not an IT or Marketing Position.


Fundamental Components:
  • Cultivates and develops relationships with key constituents such as brokerage houses, consultants and customers, independently or in concert with Aetna senior leaders
  • Responsible for identifying new offerings and technology under their portfolio
  • Collaborate with and influence peers throughout Aetna
  • Directs the formulation, implementation and milestone tracking for business plans
  • Leverages in-depth knowledge and understanding of products across functions and market segments in directing the development and implementation of new product initiatives, including product enhancements
  • Directs and evaluates requirements and specifications in building appropriate business processes and systems to support product initiatives. Creates business needs analysis in preparation for product development council
  • Directs product analysis to gain a comprehensive understanding of internal and external environmental influences and competitive pressures. Incorporates results into strategic plan development and on-going product performance monitoring
  • Consult on / drive effective product offerings to customers to meet organizational goals
  • Monitor and report key financial performance indicators to obtain effective product portfolio performance
  • Champions the product management discipline and process within PSM and across the enterprise
  • Directs the establishment of large cross-functional development and implementation work groups, encouraging innovative use of resources to achieve objectives consistent with the strategic plan
  • Encourages cross-functional collaboration, supporting information needs to solve business issues and support project requirements
  • Recruits and selects well-qualified, diverse and talented management staff
  • Identifies long term needs of the organization and establishes succession plans for key personnel
  • Maintains environment and reward system that encourages initiative, learning and empowerment
  • Articulates performance expectations and team objectives while collecting and interpreting balanced measures to evaluate team performance
  • Communicates and consults with Senior Management to ensure that product initiatives focus on long term results/earnings and represent all constituencies effectively (e.g. segments, consumers, providers)

Background Experience:
  • 10+ years of related industry experience
  • Product development and/or management experience preferred
  • Communicates well with all levels within the department and the company
  • Demonstrates leadership
  • Influence people within areas of responsibility
  • Bachelor's degree or equivalent experience
  • ​MBA preferred

Required Skills:
General Business - Demonstrating Business and Industry Acumen, General Business - Ensuring Project Discipline, Leadership - Developing and Executing Strategy

Desired Skills:
General Business - Turning Data into Information, Leadership - Anticipating and Innovating, Leadership - Engaging and Developing People

Functional Skills:
General Management - Data analysis & interpretation, General Management - Product development, General Management - Project management (non-IT), Leadership - Lead a major product launch

Technology Experience:
Desktop Tool - Microsoft Outlook, Desktop Tool - Microsoft PowerPoint, Desktop Tool - Microsoft Word, Desktop Tool - TE Microsoft Excel

Potential Telework Position:

Percent of Travel Required:
0 - 10%

EEO Statement:
Aetna is an Equal Opportunity, Affirmative Action Employer

Benefit Eligibility:
Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

Candidate Privacy Information:
Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests

Click To Review Our Benefits (PDF)


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