SVP, OptumRx Product and Strategy

About the Role

Key Responsibilities

• Provide strategic and operational leadership for the Optum Rx product portfolio, ensuring that on-market products deliver on their business cases, meet NPS and financial targets, and evolve in response to market dynamics.
• Oversee the development and execution of product roadmaps, enhancements, and sunsetting strategies, ensuring products are positioned for growth and aligned with client and consumer needs.
• Build and scale the product management infrastructure, including forecasting, budgeting, resource planning, performance tracking, and results reporting.
• Lead long-range strategic planning and business incubation for Optum Rx, integrating input from business units and functional partners to create a unified, forward-looking roadmap.
• Identify, evaluate, and operationalize new business models and services aligned with enterprise growth goals.
• Serve as a unifying force across all Optum Rx strategy teams, ensuring alignment of goals, priorities, and execution plans.
• Oversee M&A strategy and strategic partnerships, including opportunity assessment and integration planning, collaborating with internal stakeholders to evaluate and execute inorganic growth opportunities.
• Embed product management discipline across the organization by leading change management efforts, establishing governance, and driving adoption of key processes.
• Lead and develop a high-performing team of product, operations, and strategy leaders, fostering a culture of accountability, innovation, and continuous improvement.
• Engage directly with clients, prospects, and consumers to gather insights, validate product strategies, and ensure market relevance.

Requirements

• Bachelor's degree
• 15+ years of experience in product management, general management, operations leadership, or strategy roles
• Proven success managing large-scale product portfolios and P&Ls
• Deep healthcare experience, including knowledge of payer, PBM, and health services sectors
• Demonstrated ability to lead in complex, matrixed environments and influence without authority
• Strong financial acumen, strategic thinking, and operational execution skills
• Experience building and scaling product management functions and infrastructure
• Exceptional communication, stakeholder engagement, and change leadership capabilities
• Demonstrated success in launching new businesses or products with large IOI potential
• Experience managing a P&L and leading large-scale product or business teams
• Strong strategic thinking, financial modeling, and executive communication skills
• Ability to manage multiple complex initiatives simultaneously

Nice to Have

• Advanced degree (MBA, MHA) from a top-tier program
• Experience with pharmacy benefits, affordability solutions, or healthcare technology platforms
• Knowledge of the pharmacy benefits market

Qualifications

• Experience with healthcare technology platforms or pharmacy benefits (preferred)

Benefits & Perks

• Comprehensive benefits package
• Incentive and recognition programs
• Equity stock purchase and 401k contribution
• Salary range from $350,000 to $475,000 annually
• Remote work flexibility within the U.S.