Full-Time

Product Manager

AI

Posted on 8/23/2025

Alegeus

Alegeus

501-1,000 employees

SaaS platform for account-based healthcare benefits

No salary listed

Bengaluru, Karnataka, India

In Person

Category
Product (1)
Required Skills
LLM
Product Management
Requirements
  • Deep technical fluency in AI, LLMs, ML Ops, APIs, data platforms, and automation tooling.
  • Strong understanding of enterprise platform capabilities and the ability to translate complex technical concepts into scalable, user-centric solutions.
  • 7+ years of B2B product management experience, ideally in enterprise SaaS, platform, or AI/ML product roles, with a strong track record of building and launching AI-powered products.
  • Experience leading platform product teams and working with agentic architectures is a strong plus.
  • Background in healthcare, fintech, or other regulated industries is preferred, along with demonstrated success collaborating across global teams in the U.S. and India.
  • BA/BS required, computer science, computer engineering, information systems, business, or similar field preferred.
Responsibilities
  • Co-lead the vision, strategy, and roadmap for AI platform capabilities at Alegeus, working closely with the AI Platform Product and Engineering team (primarily based in Bangalore) to deliver impactful, scalable AI and agentic capabilities to our partners.
  • Collaborate with cross-functional product teams to identify, prioritize, and address key opportunities for delivering compelling AI-powered capabilities across end-user applications using reusable and cost-efficient platform services.
  • Drive the development and integration of AI platform services—including automation, generative AI, and intelligent agents—into compelling user-facing experiences across the Alegeus product ecosystem.
  • Partner closely with the Bangalore-based Data Product and Engineering team to align on near- and long-term data requirements that enable key AI and agentic platform use cases, while ensuring the AI platform roadmap is integrated with Alegeus’ broader product and business strategy.
  • Translate abstract AI opportunities into concrete platform services, leveraging LLM orchestration, data pipelines, and automation engines, while iteratively testing and refining high-potential concepts.
  • Champion operational excellence, ensuring adherence to product management and software development best practices, while commercializing and evangelizing AI platform capabilities in collaboration with other product leaders.
Desired Qualifications
  • Experience leading platform product teams and working with agentic architectures is a strong plus.
  • Background in healthcare, fintech, or other regulated industries is preferred.

Alegeus offers a SaaS platform that lets partners run consumer-directed healthcare benefits under a white-label solution. The product administers accounts like HSAs, FSAs, HRAs, COBRA, wellness incentives, LSAs, and commuter benefits, with a multi-purpose debit card and consumer engagement tools to manage complex rules and payments for millions of users. Its partner-centric model combines account administration, debit card processing, and engagement in one platform, helping clients scale faster than the market. The goal is to help partners efficiently run tax-advantaged benefit accounts while helping consumers optimize their healthcare spending at scale.

Company Size

501-1,000

Company Stage

Acquired

Total Funding

N/A

Headquarters

Waltham, Massachusetts

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • UnitedHealth Q1 2026 acquisition grants access to 49.1 million consumers.
  • February 2025 Empower partnership bundles CDH with 401(k) plans.
  • High-Yield HSA feature delivers up to 10x interest on cash balances.

What critics are saying

  • UnitedHealth acquisition terminates Alegeus white-label partnerships immediately.
  • Empower partnership erodes clients to retirement bundles within 6-12 months.
  • Health-E Commerce steals TPA clients at Alegeus Partner Summit in 3-9 months.

What makes Alegeus unique

  • Alegeus leads with white-label SaaS platform powering HSAs, FSAs, HRAs, and COBRA.
  • Multi-purpose debit card, introduced in 2000, processes $9.1 billion annually.
  • AI-driven tools integrate with TPAs, health plans, serving 30 million consumers.

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Benefits

Hybrid Work Options

Professional Development Budget

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

10%
The Associated Press
Mar 12th, 2026
Aptia Group launches spending accounts and COBRA solutions on single platform with Alegeus

Aptia Group has launched two new solutions on its AptiaOne platform: Spending & Reimbursement Account Administration and COBRA and Direct Bill solutions. The solutions were developed in partnership with Alegeus, a consumer-directed healthcare administrator with over 30 years of experience. The new offerings enable employers to manage account-based benefits and COBRA administration through a single platform, reducing administrative complexity across previously fragmented workflows. Aptia serves more than 1,100 clients covering over six million people. Alegeus provides white-label platform technology supporting HSAs, FSAs, HRAs, COBRA and related payment solutions. The partnership aims to deliver a more cohesive benefits lifecycle from active enrolment through leave of absence into COBRA administration. The collaboration reflects a broader market shift towards integrated, end-to-end benefits experiences prioritising operational excellence and flexibility.

IANS
May 8th, 2025
Health-E Commerce(R) to demonstrate flexible spending account (FSA) and health savings account (HSA) tools for third-party administrators during Alegeus Partner Summit

The Alegeus Partner Summit is sponsored by Alegeus, a market leader in SaaS-based benefit funding and payment solutions.

PR Newswire
Feb 5th, 2025
Alegeus And Empower Forge Partnership To Bring Together Health And Wealth

WALTHAM, Mass., Feb. 5, 2025 /PRNewswire/ -- Alegeus, the market leader in healthcare benefit and payment solutions, today announced it has entered into a major strategic partnership with Empower, a leading provider of retirement and wealth management services. The new partnership coincides with the launch of Empower's Consumer Directed Health Solutions business and positions the company to meet increasing demand from its employer clients for integrated health and wealth solutions.The relationship aligns with both Alegeus' long-standing strategy of powering the winners in the CDH arena as well as its unique white-label approach, which enables its partners to deliver new solutions and services quickly without disruptions."This partnership exemplifies the power and capabilities of our platform, our people and our white-label model. Our strategy is to power those companies who are best positioned to bundle a broad suite of capabilities to deliver integrated solutions which make benefits more accessible to consumers. We're thrilled to be on this journey with Empower," said Alegeus CEO Leif O'Leary.As healthcare costs continue to rise and consumers take on more responsibility for their healthcare decisions, the demand from employers to bundle tax advantaged healthcare benefit accounts with retirement vehicles like 401(k) is stronger than ever. The fully integrated set of CDH benefits under the Empower brand will be incorporated into the company's digital platform creating a more inclusive experience."Employers are increasingly bundling consumer directed healthcare with their retirement plans to help individuals to optimize their health benefits and financial plan," said Empower President and CEO Edmund F

Digital Journal
Jun 26th, 2023
Medical Claims Processing Software Market Analysis and Forecast 2023: Understanding Sales and Production Dynamics | Cerner Corporation, Epic Systems Corporation, TriZetto Corporation (Cognizant), DST Systems Inc.

Alegeus Technologies has raised $100 million in Series D funding to expand its medical claims processing software platform.

Business Wire
Feb 6th, 2023
Alegeus And The Difference Card Extend Partnership To Provide Impactful And Cost-Effective Benefits To Employers And Employees

WALTHAM, Mass.--(BUSINESS WIRE)--Alegeus, the market leader in healthcare payment solutions, today announced it has extended its partnership with The Difference Card, an innovative benefits provider delivering custom and cost-effective health insurance solutions for organizations across the U.S.A long-time Alegeus partner, The Difference Card is a healthcare disruptor whose mission is to provide employers and their employees with improved benefits at a lower cost. In fact, the organization reduces employer health insurance costs by nearly 20 percent on average, while also achieving a net promoter score (NPS) of 52, which is considered excellent. NPS measures the loyalty of customers to a company.For more than 20 years, The Difference Card has helped employers maximize their health plan efficiency. For nearly 15 of those years, Alegeus has been their trusted partner. With its partner-first model and industry-leading benefit funding and payments technology, Alegeus has empowered this administrator to deliver account-based solutions—including its unique Medical Expense Reimbursement Plan (MERP), which offers considerable cost-saving benefits to individuals.“Our goal since our inception has been to deliver custom and cost-effective health insurance benefits while helping nearly 160,000 employees find quality care. In today’s challenging business and economic environment, this is more important than ever,” said Joseph Donovan, chief executive officer, The Difference Card

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