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ParetoHealth

ParetoHealth

Self-insured employee health benefits captive program

Product Manager

Full-Time
No salary listed
Mid
Bachelor's, Master's, MBA
Philadelphia, PA, USA
Hybrid

Hybrid work environment; the posting also lists Philadelphia and remote work.

No H1B Sponsorship

About the job

Requirements
  • 3–5 years of experience collaborating cross-functionally among engineers, designers, operations experts, and others in a Product Management or Product Management-adjacent role.
  • At least 2 years of experience driving rigorous prioritization processes.
  • Strong analytical skills with experience using customer insights, product metrics, and data to inform prioritization and decision-making.
  • Excellent written and verbal communication skills, including the ability to communicate complex concepts to technical and non-technical audiences.
  • Experience working in fast-paced, evolving environments with competing priorities.
  • A bachelor's degree is required.
Responsibilities
  • Define and execute the product vision, strategy, and roadmap for customer experience initiatives aligned to company objectives.
  • Partner with Engineering, Design, Analytics, Customer Management, Marketing, and business stakeholders to deliver high-impact product enhancements.
  • Understand customer needs through research, feedback, analytics, and market insights, translating those findings into product opportunities.
  • Define success metrics, key performance indicators, and objectives and key results to measure product performance and continuously improve customer and business outcomes.
  • Write clear product requirements and user stories, ensuring alignment across technical and business teams.
  • Lead cross-functional initiatives from discovery through launch, proactively identifying risks, managing tradeoffs, and driving execution.
  • Communicate product strategy, roadmap progress, and key decisions to stakeholders and executive leadership.
Desired Qualifications
  • An MBA or advanced degree in a related field is a plus.

About the company

ParetoHealth helps small and mid-sized employers control health benefit costs using a self-insured captive model. Member companies pool funds to cover employees’ health claims instead of paying traditional premiums, sharing risk within a group. A data-driven cost management system monitors plan use and guides care toward high-quality, cost-efficient options. Revenue comes from membership fees and consulting services, and the goal is to provide affordable, sustainable, high-quality benefits for SMEs while advancing diversity, equity, and inclusion.

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$522.1K

Headquarters

Philadelphia, Pennsylvania

Founded

2011

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Simplify's Take

What believers are saying

  • ParetoHealth reported $8.4 billion in healthcare spend under management by April 2026.
  • Its April 2026 Rightway launch expanded enterprise-level care navigation to 1.3 million people.
  • Open hiring across product, data, underwriting, and sales signals continued expansion into 2026.

What critics are saying

  • Cigna, CVS, and UnitedHealth can bundle cheaper navigation and PBM incentives by 2027.
  • Employer captives depend on claim experience; one bad renewal cycle hits trust immediately.
  • No visible moat prevents consultants from steering midsize employers toward fully insured carriers.

What makes ParetoHealth unique

  • ParetoHealth pools 4,000 employers and 1.3 million lives, creating captive scale.
  • Maeve O'Meara became CEO on February 4, 2025, sharpening growth execution.
  • Rightway and First Stop Health embed navigation directly into ParetoHealth's savings engine.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

401(k) Company Match

401(k) Retirement Plan

Growth & Insights and Company News

Headcount

6 month growth

19%

1 year growth

19%

2 year growth

19%
HIT Consultant
Feb 4th, 2025
Paretohealth Appoints Maeve O’Meara As Chief Executive Officer

ParetoHealth Appoints Maeve O’Meara as Chief Executive Officer. by Healthcare Executive Hires 02/04/2025 Leave a Comment. Maeve O’Meara, CEO at ParetoHealthWhat You Should Know: – ParetoHealth, a provider of innovative health benefits solutions for midsize employers, today announced the appointment of Maeve O’Meara as its new Chief Executive Officer.– O’Meara, who has served as ParetoHealth’s President since September 2023, succeeds co-founder Andrew Cavenagh, who will transition to the role of Executive Chairman. Maeve O’Meara Bio/BackgroundO’Meara brings over 20 years of experience in healthcare and technology leadership to her new role. She previously served as CEO of Castlight Health, where she spearheaded the company’s transformation into a market-leading navigation platform. Since joining ParetoHealth, O’Meara has focused on deepening consultant and member engagement, scaling technology and infrastructure, and strengthening the leadership team.“I’m honored to lead a team that has truly challenged the status quo in enabling midsize employers to offer more affordable health benefits,” said O’Meara. “It is a privilege to partner with our incredible consultant and employer community to continue to innovate and redefine what is possible.”

ParetoHealth
Jan 7th, 2025
ParetoHealth Appoints Heather Underhill as Chief Customer Officer to Advance Customer Success Initiatives

ParetoHealth appoints Heather Underhill as Chief Customer Officer to advance customer success initiatives.

Sample News Group
Jun 26th, 2024
ParetoHealth Appoints Christine Lui Chen as Chief Marketing Officer for Next Chapter of Growth

PHILADELPHIA, PA / ACCESSWIRE / June 26, 2024 / ParetoHealth, the nation's largest and fastest-growing employer-owned health benefits solution, is pleased to announce the appointment of Christine Lui Chen as Chief Marketing Officer.

PressRelease.com
Sep 27th, 2023
ParetoHealth Names Maeve O'Meara as President

PHILADELPHIA, September 27, 2023 (Newswire.com) - ParetoHealth, the country's leading health insurance platform for small and medium-sized employers, announced today that it has named Maeve O'Meara as President.

Warburg Pincus
Jul 31st, 2023
ParetoHealth to Accelerate Growth with Strategic Investment from Warburg Pincus | Warburg Pincus

Warburg Pincus to join Great Hill Partners in Backing the Leading Employee Benefits Platform