Capability Product Manager III

Workforce Classification:

Join Our Team: Do Meaningful Work and Improve People’s Lives 

Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare.

Premera is committed to being a workplace where people feel empowered to grow, innovate, and lead with purpose. By investing in our employees and fostering a culture of collaboration and continuous development, we’re able to better serve our customers. It’s this commitment that has earned us recognition as one of the best companies to work for. Learn more about our recent awards and recognitions as a greatest workplace.

Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog:  https://healthsource.premera.com/.

Capability Product Manager III

As a Product Manager, you will be the bridge between Premera’s customers, business partners, and development teams. You are responsible for managing and maintaining products throughout their lifecycle, from launch through retirement. Supporting business strategies and understanding customer problems to lead Product Owners in the delivery of product features for products and/or capabilities to achieve Premera’s strategic objectives.

This is a hybrid role, located on our campus in Mountlake Terrace, Washington.

What You’ll Do

• Own and drive the direction of assigned products or capabilities, including defining and maintaining roadmaps for one or more low‑complexity products or capabilities aligned with enterprise strategy
• Balance and prioritize feature needs and roadmap commitments, partnering closely with business stakeholders and technology teams to align on scope, sequencing, and tradeoffs
• Lead the definition and management of business requirements, process design, and related deliverables, leveraging enterprise tools and industry best practices
• Collaborate with peers, managers, and directors across the enterprise to gather input, align priorities, and ensure outcomes support broader organizational goals
• Define success criteria and business metrics, track results, and provide insights and recommendations to inform future decisions
• Communicate progress against roadmaps and outcomes to leadership, business partners, and technology teams
• Champion a customer‑focused mindset, ensuring customer experience considerations inform product decisions
• Partner with stakeholders on change management and training strategies to drive successful adoption of new tools and processes
• Serve as a mentor and coach for Product Owners
• Perform other duties as assigned

What You’ll Bring

Required Qualifications

• Bachelor’s degree or three (3) years of relevant work experience
• Three (3) years of experience in product management, system development, or Scrum/Agile delivery, supporting enterprise‑level objectives

Preferred Qualifications

• Product management experience in healthcare, financial services, or another highly regulated industry
• Demonstrated ability to think strategically and translate strategy into actionable plans and roadmaps
• Proven ability to build alignment and consensus among diverse stakeholder groups

Knowledge, Skills, and Abilities

• Demonstrated potential to manage, mentor, and develop others
• General understanding of health insurance functions, including actuarial, underwriting, contracting, marketing, sales, eligibility, billing, and claims
• Strong organizational and problem‑solving skills, with the ability to prioritize work and communicate outcomes clearly
• Ability to work independently while collaborating effectively across teams and disciplines
• Experience facilitating meetings, driving decisions, and delivering results on time
• Strong written and verbal communication skills, including the ability to create and present materials to varied audiences
• Ability to articulate ideas clearly, evaluate alternatives, and support informed decision‑making
• Working knowledge of common business and productivity tools, including document creation, data management, project tracking, spreadsheets, and presentations

Premera total rewards

Our comprehensive total rewards package provides support, resources, and opportunities to help employees thrive and grow. Our total rewards are more than a collection of perks, they're a reflection of our commitment to your health and well-being. We offer a broad array of rewards including physical, financial, emotional, and community benefits, including:

• Medical, vision, and dental coverage with low employee premiums.

• Voluntary benefit offerings, including pet insurance for paw parents.

• Life and disability insurance.

• Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.

• Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.

• Generous paid time off to reenergize.

• Looking for continuing education? We have tuition assistance for both undergraduate and graduate degrees.

• Employee recognition program to celebrate anniversaries, team accomplishments, and more.

For our hybrid employees, our on-campus model provides flexibility to create your own routine with access to on-site resources, networking opportunities, and team engagement.

• Commuter perks make your trip to work less impactful on the environment and your wallet.

• Free convenient on-site parking.

• Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.

• Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.

• Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.

• Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.

Equal employment opportunity/affirmative action:

Premera is an equal opportunity/affirmative action employer. Premera seeks to attract and retain the most qualified individuals without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, gender or gender identity, sexual orientation, genetic information or any other protected characteristic under applicable law.

If you need an accommodation to apply online for positions at Premera, please contact Premera Human Resources via email at [email protected] or via phone at 425-918-4785.

The pay for this role will vary based on a range of factors including, but not limited to, a candidate’s geographic location, market conditions, and specific skills and experience.

The salary range for this role is posted below; we generally target up to and around the midpoint of the range.

National Plus Salary Range:

*National Plus salary range is used in higher cost of labor markets including Western Washington and Alaska.

We’re happy to discuss compensation further during the interview because we believe that open communication leads to better outcomes for all. We’re committed to creating an environment where all employees are celebrated for their unique skills and contributions.