Full-Time

Senior Product Owner

RWD

Updated on 1/29/2025

Inovalon

Inovalon

1,001-5,000 employees

Cloud-based healthcare data analytics solutions

Consulting
Healthcare

Compensation Overview

$103.4k - $155kAnnually

+ Performance-based incentives

Senior

Company Historically Provides H1B Sponsorship

Remote in USA

Category
Product Management
Product
Required Skills
Agile
SCRUM

You match the following Inovalon's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Minimum 3-5 years of experience with exposure to SAAS products as a business analyst or related role
  • Must be data focused and enjoy working with healthcare data
  • Healthcare experience is a requirement - preferably life sciences
  • Must be able to write requirements and create a data specification
  • Must be familiar with real world data and claims, ideally closed payer claims data (understanding 837 and 835)
  • Agile / SCRUM experience and/or certification
  • Excellent interpersonal, written, and oral communication skills
  • High level of honesty, respect, dependability and flexibility
  • Experience in fast-paced and rapidly growing environment
  • Strong business acumen
  • Must be comfortable gathering feedback from internal and external stakeholders
Responsibilities
  • Adopt and role model Agile behaviors while building an inclusive team culture
  • Working within the Insights Business unit (that works with Life Sciences clients)
  • Writing requirements and create data specifications
  • Working with Real World Data; specifically closed claims data
  • Drive strong collaboration across internal stakeholders including product, customer success team, sales, engineering, corporate development, and marketing to ensure timely execution and delivery of our products to market
  • Engage with internal and external stakeholders to inform product and feature design to drive perspective, requirements, and prioritization of the backlog in line with the product vision and while communicating expectations to internal and external stakeholders
  • Develop detailed business requirements that meet the needs of internal and external stakeholders and support corporate objectives
  • Analyze the current system or application, conceptualize and define operational problems, model and present recommended enhancements and modifications, and walk each new enhancement or modification through the development process, from planning and preparation to testing and implementation
  • Oversee the design, prioritization, and delivery of products through the software development lifecycle, from concept to testing, deployment, adoption and value realization
  • Perform validation and testing of solutions through managing and executing user acceptance plans, collaborating with the engineering team during user testing and complex validation sessions, and responding to technical and functional product questions raised by stakeholders, and reformulate solutions as necessary to ensure that the recommended solution is responsive to the data requirements
  • Analyze the impact of a proposed solution on connected processes, systems, and/or applications to determine the best course of action to achieve the desired outcome
  • Assist in the development of roadmaps and business strategy for assigned product or department
  • Demonstrate robust knowledge of the healthcare industry, product management, and software development to translate problems, needs, and opportunities into user stories
  • Display effective time management across complex and overlapping projects while supporting your team with schedule and priority management
  • Maintain compliance with Inovalon’s policies, procedures and mission statement
  • Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position
  • Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Employer
Desired Qualifications
  • Mastery of Microsoft Office tools, including Word, Excel, and PowerPoint preferred

Inovalon provides cloud-based software solutions that focus on improving data-driven healthcare. The company offers advanced analytics and business intelligence tools to healthcare organizations, including providers, payers, and pharmaceutical companies. Inovalon's platform allows for real-time data access and national-scale connectivity, supporting over 100 solutions that enhance various healthcare operations such as revenue cycle management and care quality management. Clients pay subscription fees for access to these user-friendly tools, which integrate easily into existing systems. Inovalon also offers consulting services to help clients maximize their data and analytics capabilities. The company's goal is to empower healthcare organizations to use data effectively to improve patient outcomes and operational efficiency.

Company Stage

IPO

Total Funding

N/A

Headquarters

Bowie, Maryland

Founded

1997

Growth & Insights
Headcount

6 month growth

11%

1 year growth

14%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with MEDITECH could increase adoption of revenue cycle management solutions.
  • AI-powered Converged Record Review may attract clients seeking advanced analytics.
  • Recognition as top vendor for RCM and analytics boosts reputation and client base.

What critics are saying

  • $50 million fraud lawsuit could cause financial and reputational damage.
  • Partnership with MEDITECH may pose integration and data security challenges.
  • AI-powered Converged Record Review faces data privacy and compliance challenges.

What makes Inovalon unique

  • Inovalon integrates national-scale connectivity with real-time data access and advanced analytics.
  • The company offers over 100 solutions for optimizing healthcare operations.
  • Inovalon's platform supports revenue cycle management, care quality, and workforce management.

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Benefits

Health Insurance

Life Insurance

401(k) Company Match

Paid Vacation

Hybrid Work Options