Strategic Product Lead

Join Us!
Take the next step in your journey at Inspira Financial. You will help businesses and individuals thrive today, tomorrow, and into retirement. Become part of a company that is people centric and client obsessed in every interaction; a community of forward-thinking individuals focused on driving results to deliver our mission with an unwavering commitment to integrity. Join us as we strengthen and simplify the health and wealth journey -- relentlessly pursuing better outcomes for all. We believe in finding the best talent! While some roles are based at one of our office locations, remote roles can sit in any of the following states: AL, AZ, FL, GA, IA, IL, IN, MI, MN, MO, NC, NE, PA, SC, TN, TX, UT, VA and WV. Remote status and role locations are subject to change. Relocation is not provided.
Don't meet every single requirement? Here at Inspira Financial, we believe there is no "perfect" candidate and want to encourage applying even if all the requirements listed aren't met. Our goal is to build an authentic workplace by valuing diversity in our candidates. We work to ensure that our team reflects the diversity of the businesses and clients we serve. We are always looking to expand our growing team with dynamic and enthusiastic individuals. If you enjoy a collaborative, fun environment that champions career development, Inspira Financial is the place for you! We look forward to receiving your application! Check out this Inspira Financial video to learn more about our company!
Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. With more than 7 million clients, representing over $62 billion in assets, Inspira works with thousands of employers, plan sponsors, recordkeepers, TPAs, and other institutional partners -- helping the people they care about plan, save, and invest for a brighter future. Inspira relentlessly pursues better outcomes for all with our automatic rollover services, health savings accounts, emergency savings funds, custody services, and more. Learn more at inspirafinancial.com .
We have been recognized for our remarkable growth on lists such as Crain's Fast 50 and Inc. 5000, and for our outstanding workplace culture and benefits with Built In's 2024 Best Places to Work and Gallagher's 2022 Best-In-Class Employer awards.
Job Summary & Responsibilities
The Strategic Product Lead oversees all the products in their assigned portfolio and ensures alignment with Inspira's overall strategy. This individual evangelizes a solution story to the market that explains what each product offers and the combined value proposition of the entire product suite. They ensure consistency among products and deliverables across their entire portfolio and collaborate with execution teams to prioritize development and resources accordingly. They will identify market opportunities as well as areas of improvement and work with product, design, dev, and service leadership to execute a strategy that meets overall business objectives. This role requires extremely strong communication skills both in presentation and written form. This individual will be interacting with our clients continuously and, at a high level, translating complex business, market, and compliance needs to technology teams who will be responsible for delivering solutions to market that delight our customers while also tying needs to overall product messaging, collaborating closely with the Director of Product Marketing on GTM.
(REMOVE BEFORE POSTING: For Savings Products Seat)
The portfolio that this individual will be leading is the Savings products in Health & Benefits, which requires a deep understanding of HSA (Health Savings Account), ESF (Emergency Savings Fund) and Retiree Health (VEBA, 115 Trust) solutions. This role will be focusing on compliance, user experience, and market growth. The ideal candidate will have deep knowledge of consumer-driven benefits administration, combined with a passion for creating user-centered products that meet evolving regulatory and market demands. The Strategic Product Lead will report to the Senior Director, Product Strategy.
(REMOVE BEFORE POSTING: For Health Reimbursement Products Seat)
The portfolio that this individual will be leading is the Health Reimbursement products in our Health & Benefits division, which requires a deep understanding of consumer-driven benefit solutions designed to help consumers manage and pay for care using accounts such as FSA, HRA, ICHRA, Taft Hartley, etc. This role will be focusing on compliance, user experience, and market growth. The ideal candidate will have deep knowledge of health reimbursement administration, combined with a passion for creating user-centered products that meet evolving regulatory and market demands. The Strategic Product Lead will report to the Senior Director, Product Strategy.
(REMOVE BEFORE POSTING: For COBRA & Direct Bill Products Seat)
The portfolio that this individual will be leading is the COBRA and Direct Bill products in Health & Benefits, which requires a deep understanding of COBRA (Consolidated Omnibus Budget Reconciliation Act) administration and Direct-Bill solutions. This role will be focusing on compliance, user experience, and market growth. The ideal candidate will have deep knowledge of COBRA requirements, retiree and/or voluntary benefits billing and health benefits administration, combined with a passion for creating user-centered products that meet evolving regulatory and market demands. The Strategic Product Lead will report to the Senior Director, Product Strategy.
(REMOVE BEFORE POSTING: For Niche Benefit Products Seat)
The portfolio that this individual will be leading is the Niche Benefit products in our Health & Benefits division, which requires a deep understanding of consumer-driven benefit solutions designed to help employers provide unique offerings to employees that enhance their lives. These products include but are not limited to Commuter, Dependent Care, Lifestyle, Tuition, and Student Loan. This role will be focusing on compliance, user experience, and market growth. The ideal candidate will have deep knowledge of benefits reimbursement administration, combined with a passion for creating user-centered products that meet evolving regulatory and market demands. The Strategic Product Lead will report to the Senior Director, Product Strategy.

• Develop and maintain the overall product portfolio strategy in alignment with Inspira's business goals.
• Conduct market research, competitive analysis, and customer insights to inform portfolio decisions.
• Evaluate and prioritize opportunities across products to optimize resources and ROI.
• Lead portfolio planning sessions and coordinate cross-functional roadmaps.
• Habitually conduct and/or participate in end user interviews, focus groups, and development of surveys to ensure solutions are meeting needs of our users
• Monitor usage and engagement metrics and make data-driven decisions to optimize user experience and business outcomes
• Collaborate with internal stakeholders to elicit, analyze and understand needs, constraints, risks and alignment with organizational strategy and priorities
• Oversee product lifecycles, including launch, growth, maturity, and end-of-life stages.
• Monitor portfolio performance metrics such as revenue, profitability, and market share.
• Identify underperforming products and recommend actions to address gaps
• Stay abreast of trends, technology advancements, and industry disruptions to guide portfolio innovation.
• Champion initiatives to introduce new products or enhance existing ones to maintain competitive advantage.
• Be the ultimate subject matter expert on assigned products for internal and external stakeholders
• Attend key industry events, network with other industry experts, speak at conferences and oversee client ideation events

Preferred Qualifications
Education & Experience:

• 7+ years of experience in product management, portfolio management, or a similar role
• Bachelor's Degree in Finance, Economics, Business, Marketing, Design, Psychology or related field; Master's Degree preferred
• Proven track record in strategic planning and managing multiple products or business units.

Skills & Abilities:

• Deep understanding of consumer driven benefits and regulatory environment surrounding them
• Strong strategic thinking and analytical skills.
• Excellent communication, negotiation, and stakeholder management abilities.
• Experience with financial modeling, forecasting, and ROI analysis.
• Familiarity with product development methodologies, such as Agile or Lean.
• Ability to navigate complex organizational structures and drive alignment
• Ability to work with minimal direction, and flexibility to adapt to shifting priorities and schedules
• Proven leadership skills to gain credibility, garner respect, and guide the creation of self-organizing teams
• Ability to handle multiple issues simultaneously and manage stressful situations
• Ability to provide and accept guidance and constructive feedback
• Desire for continuous improvement through learning and study
• Eagerness to teach and help develop others professionally, and exhibit passion and excitement about work to inspire others

Other Requirements:

• Ability to work occasional overtime
• Prolonged periods of sitting at a desk and working on a computer
• May travel up to once a month, once a quarter is more likely

Compensation & Benefits
The compensation for this position will vary depending on factors such as your location, skills and experience. The compensation package may also include incentive and bonus opportunities.
Inspira provides industry-leading benefits including, but not limited to: healthcare, 401K savings plan, company holidays, paid time off, parental leave and an employee assistance program.