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Director, Product Management - Pharmacy Benefits, Stellarus

Blue Shield of CA
United States, Virginia, Virginia Beach
Mar 31, 2025

Your Role

The Director, Product Management Pharmacy Benefits is a pivotal leadership role within Stellarus/Blue Shield of California responsible for overseeing all aspects of the commercialization of a pharmacy product offering and program for health plan partners. In this role you will work directly with the Vice President of Product Management to define the commercial strategy from discovery to delivery and launch in the market.

This role requires a deep understanding of health plan markets and the intersection of pharmacy networks and benefit management solutions including benefit design, utilization and medication costs, medication claims management, medication reimbursement strategies, vendor contract management and provider and member engagement.

This role ensures that our product offerings (technology & services) are effectively brought to market, implemented, maintained and continuously improved. The Director will be responsible for defining the day-to-day operational model in close partnership with Blue Shield of California who has implemented pharmacy care reimagined. In this role, the leader will be required to effectively lead with a product management mindset and lead cross-functional teams, contributing to defining and implementing the commercialization plan. The commercialization will include activities from idea discovery through product offering launch, market response and ongoing operations, ensuring alignment with cross functional teams, including marketing, communication, and technology teams. The Director will have a significant impact on Stellarus/BSC by ensuring our pharmacy product offerings are efficiently and effectively managed through the lifecycle. This role will enhance our market position, improve customer satisfaction, and contribute to the overall success of Stellarus/BSC.

Our leadership model is about developing great leaders at all levels and creating opportunities for our people to grow - personally, professionally, and financially. We are looking for leaders that are energized by creative and critical thinking, building, and sustaining high-performing teams, getting results the right way, and fostering continuous learning.

Your Knowledge and Experience:

  • Bachelors degree is required, PharmD licensure preferred.
  • Minimum 10 years of experience in Product Management, Management Consulting, or Entrepreneurship, including 6 years of management experience gained as a team leader, supervisor or project/program manager.
  • Requires a minimum of 5 years of Pharmacy Benefit Management (PBM) and/or Pharmacy Managed Care Experience.
  • Requires strong quantitative analysis and financial modeling skills.
  • Requires advanced knowledge of healthcare industry provider, health plan and health plan operations, management.
  • Requires outstanding communication, facilitation, negotiation and presentation skills and the ability to communication with leadership and influence decision making.
  • Entrepreneurially spirited and visionary, who is unafraid of being a trailblazer, start-up mentality, zero to one experience building product teams and offerings.
  • Knowledge of pharmacy requirements and benefits for fully insured, ASO, Medicare and Medicaid desired.

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