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Product Strategist, Principal - Vendor Management

Blue Shield of California
Long Beach, United Statesfull_timeVerifiedPosted 14 Nov 2025

About the role

​​Your Role​

The Product Strategy team is responsible for developing and executing impactful portfolio and product strategies that support short- and long-term financial and membership growth across lines of business. The Product Strategist, Principal - Vendor Management will report to the Sr. Manager, Product Strategy. In this role you will work closely across departments with product directors, managers, and market leads to identify and build a long-term vendor management and product portfolio. The Product Strategist, Principal - Vendor Management will establish a multi-year, enterprise roadmap to support supplemental programs and products, gain cross departmental support, foster adoption, and help operationalize new benefit structures through to market launch and vendor performance.

​​Your Work

​In this role, you will:​

  • Have an understanding of employer insurance customers: their needs, priorities, and preferred buying preferences
  • Identify market trends, customer needs, clinical innovation, and competitive opportunities to inform product strategy
  • Develop a 1-3 year strategic vision to support insurance programs/products and go to market approach
  • Incorporate elements of human-centered design and design thinking into the design of health benefits to facilitate healthcare navigation
  • Partner effectively with key stakeholders and leaders (sales, Health Solutions, Digital channels, Product Operations, etc.) in evolving a strategic vision for supplemental benefits
  • Intermediate to advanced data analysis including use of pivot tables, charts, data tables, sensitivity analysis, financial modeling, and charting
  • Effectively understand how to productize and monetize vendor capabilities to be sold and packaged for clients
  • Strive to effectively socialize strategic vision while gaining alignment and building consensus with senior leaders and key stakeholders 
  • Once strategic vision is adopted, coordinate workstreams and liaise with cross-functionals team (sales, operations, network, digital, customer experience) to deliver on overarching strategy
  • Develop meaningful and practical metrics to assess overall impact and success of the product performance

​Your Knowledge and Experience​

  • Requires a bachelor's degree in Business, Finance, Economics, Healthcare, Public Health or other relevant degree; Master's degree highly desirable
  • Requires at least 10 years of prior relevant experience in product management, preferably combined with management consulting
  • Requires experience gathering and evaluating external competitor information and insights
  • Requires experience with executing on product delivery timelines, within scope and budget
  • Requires experience assessing potential opportunities, risks, and issues for their product area and making recommendations for improvement
  • Experience developing, implementing, and managing products from concept to launch using both Agile and Waterfall methodologies strongly preferred
  • Experience in contracting between vendors and companies
  • Intellectual curiosity to follow industry trends and innovations as well as developing thought leadership
  • Ability to effectively manage meetings and work regularly with a variety of senior stakeholders all the way up to C-Suite
  • Advanced knowledge and mastery of Microsoft PowerPoint and Excel
  • Advanced quantitative and analytical skills and proven ability to make data-driven decisions

 

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Company

Blue Shield of California

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