Senior Director Payment Products - Remote
- Location
- Eden Prairie, MN
- Work model
- Remote
- Level
- Staff
- Salary
- $159.3k – $273.2k/yr
About this role
Optum Insight is improving the flow of health data and information to create a more connected system. We remove friction and drive alignment between care providers and payers, and ultimately consumers. Our deep expertise in the industry and innovative technology empower us to help organizations reduce costs while improving risk management, quality and revenue growth. Ready to help us deliver results that improve lives? Join us in making healthcare work better for everyone through people-led, responsible AI while Caring. Connecting. Growing together. The Senior Director, Payment Guarantee leads the strategy, development and commercialization of Payment Guarantee and related payment products within Optum Insight. This leader takes the offering from market need through validated, scalable product by defining the value proposition, economics, risk model, capability roadmap, pilot design and commercial approach. The role also connects Payment Guarantee with Optum Insight products that deliver revenue integrity, creating integrated solutions that improve revenue certainty and financial outcomes for healthcare providers. You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Primary Responsibilities
Define and execute the Payment Guarantee strategy, value proposition, target market, capability roadmap and commercialization plan Design the product economics, including pricing, funding, float, risk sharing, provider value capture and sustainable margin Establish the financial, operational, settlement, liquidity and performance risk controls required to launch and scale Translate provider revenue cycle needs and payer payment dynamics into differentiated payment products and client solutions Connect Payment Guarantee with Optum Insight capabilities across coding, billing, payment integrity, claims intelligence, payment acceleration and revenue cycle workflows to create integrated revenue integrity solutions Lead customer discovery and pilots that validate demand, willingness to pay, measurable value and operational feasibility Build evidence-based business cases and recommendations to invest, refine, partner or stop Partner across Product, Technology, Operations, Finance, Legal, Risk, Sales and Client Management to deliver funded roadmaps, launch readiness and repeatable market execution Strategically leverage data-driven insights and AI capabilities to solve complex problems, identify market expansion opportunities, and unlock commercial value 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 management, product strategy, payments, financial services, commercialization, healthcare technology or a related function 5+ years of experience leading complex product, growth or commercialization initiatives in a matrixed organization Experience developing or commercializing payment, financial, revenue cycle, payment integrity or related healthcare products Experience building business cases and evaluating pricing, financial return, market demand, operational feasibility and risk Track record of leading customer discovery, product validation, pilots, launch readiness and commercialization Demonstrated ability to translate customer needs into product strategy, business requirements, economics, pilots and scalable market offerings Demonstrated ability to align Product, Technology, Operations, Finance, Legal, Risk, Sales and Client Management partners around shared outcomes Demonstrated executive communication skills and the ability to influence decisions without direct authority Ability and willingness to