Senior Product Owner

RxBenefits
Chicago, IL
Senior Product Owner: **Senior Product Owner - PBM/PBO** We are seeking a Senior Product Owner with a passion for transforming complex, data-driven systems into products that deliver measurable business outcomes. The ideal candidate brings experience managing large datasets, applying business logic to generate insights, and orchestrating rules or logic engines that automate decisions and surface recommendations. This role is well suited for someone who thrives at the intersection of healthcare and technology-translating clinical logic, medical guidelines, and business rules into actionable intelligence across patient and claims data. Candidates with experience in PBM pricing, claims rules engines, clinical optimization, or pharmacy spend management will be especially strong fits. Success in this position requires balancing strong business acumen with product thinking and deep technical and data fluency, delivering tangible features in a dynamic, rapidly evolving organization. **Essential Responsibilities:** + **Backlog Ownership & Value Delivery** + Own and maintain the product backlog, ensuring it is transparent, prioritized, and aligned with business strategy and objectives. + Define and communicate acceptance criteria; accept/reject stories to ensure quality and alignment with Definition of Done (DoD). + Drive iteration goals, PI objectives, and release planning in partnership with Product Managers. + Translate customer and business needs into features and user stories that deliver measurable business value. + Incorporate solution architect's design into features and user stories, ensuring nonfunctional requirements are identified and prioritized as a comprehensive backlog. + **Collaboration & Stakeholder Engagement** + Act as the voice of the customer, ensuring business value and user experience are represented in backlog prioritization and delivery decisions. + Partner with Product Managers on vision, roadmaps, and program backlogs. + Collaborate with business stakeholders, engineers, architects, compliance, and quality teams to ensure technical feasibility and value alignment. + Build and manage relationships across business units, fostering transparency and trust. + **Technical Fluency & Quality** + Leverage technical knowledge (data flows, APIs, cloud platforms, analytics solutions) to validate feasibility and support informed prioritization. + Partner with engineering and QA teams to ensure automated testing and quality practices are applied to product delivery. + Monitor product performance and technical KPIs, escalating risks or issues early. + **Continuous Improvement & Leadership** + Mentor Product Owners and Business Analysts to strengthen delivery discipline. + Promote a continuous improvement mindset across product delivery teams. + Contribute to the Product Owner Community of Practice by sharing standards, tools, and best practices. + Ensure compliance, auditability, and alignment with organizational policies. **Required Skills & Experience:** + Bachelor's Degree required; advanced degree preferred. + 5+ years as a Product Owner (or equivalent experience in Business Analysis, Product Management, or Software Development). + Strong understanding of Agile frameworks (Scrum, SAFe, or similar) and backlog management practices. + Proven ability to translate business needs into effective features and user stories. + Experience collaborating with solution architects and technical teams; + Ability to interpret data models; Working knowledge of APIs, cloud solution concepts, web applications, data visualization tools and data warehousing. + Excellent communication, facilitation, and stakeholder management skills. + Strong analytical, problem-solving, and decision-making abilities. + Knowledge of healthcare and PBM industry strongly preferred. + Driven self-starter who is creative and results oriented; manages multiple priorities and deadlines _Based on relevant market data and other factors, the anticipated hiring range for this role is $111,200 - $139,000 annually. Final compensation rates will be determined based on various factors, including but not limited to experience, skills, knowledge, and internal equity considerations. This role is also short-term incentive eligible. Incentive amounts will vary by individual and business goals._ _We are committed to fair and equitable compensation practices. The final salary offered to the selected candidate may vary from the posted range due to individual qualifications. Our goal is to ensure that all teammates are compensated fairly and competitively based on their contributions to our organization._ _RxBenefits is also committed to providing best in class benefits to our teammates. We offer a robust total rewards package that includes:_ + _Remote first work environment_ + _Choice of a HDHP or PPO Medical plan, we pay 100% of the premium for the HDHP for you and your eligible family members_ + _Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance that we also pay 100% of premiums (for your family too on Dental and Vision)_ + _Additional buy-up options for Short- and Long-Term Disability and Life Insurance_ + _401(k) with an employer match up to 3.5% available after 60 days_ + _Community Service Day to give back and support what you love in your community_ + _10 company holidays including MLK Day, Juneteenth, and the day after Thanksgiving plus a floating holiday to use as you like_ + _Reimbursements for high-speed internet, we'll send you a computer and monitors to help you do your best work_ + _Tuition Reimbursement for accredited degree programs_ + _Paid New Parent Leave that can be used for adoption or birth_ + _Pet insurance to protect your furbabies_ + _A robust mental health benefit and EAP service through Spring Health to support you when you need it most_
Posted 2025-11-13

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