Full-Time

Principal – Digital Product Management

Posted on 5/9/2026

MedImpact

MedImpact

1,001-5,000 employees

Independent PBM reducing prescription costs

Compensation Overview

$132.3k - $186.6k/yr

No H1B Sponsorship

San Diego, CA, USA

In Person

On-site at San Diego Headquarters; remote work is not available.

Category
Product (1)
Required Skills
Agile
Forecasting
Product Management
Requirements
  • BA/BS Degree; 8+ years related experience and 8+ years of subject matter expertise in respective area(s); (or equivalent combination of education and experience) If this role has supervisory responsibilities with at least 4+ years leading individual contributors and leaders of leaders; which may be substituted with an appropriate mix of leadership experience and 5 years of MedImpact experience plus an appropriate external leadership training program and internal mentorship with a seasoned leader (VP+ level) that must completed within 12 months in new position.
  • Knowledge of IT systems, applications, databases, architecture, and software development lifecycle; computer engineering.
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists; Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
  • Mathematical Skills: ability to apply fractions, percentages, ratios, and proportions; ability to work with probability and statistical inference; geometry and trigonometry.
  • Language Skills: ability to write reports, business correspondence, and procedure manuals; ability to effectively present information to groups of managers, clients, customers, and the public.
  • Agile product and project management methodologies a must.
  • Reasoning Ability.
  • Competencies: Business Acumen; Directing Others; Organizational Agility; Conflict Management; Drive for Results; Political Savvy; Customer Focus; Innovation Management; Strategic Agility; Decision Quality; Managerial Courage.
  • Physical Demands and Work Environment (as described)
  • Travel: domestic travel up to 15%.
  • Certifications, Licenses, Registrations: Product Management Certification preferred; Project Management Professional and Certified Scrum Master certification preferred.
  • Other Skills and Abilities: Previous new product development, product management, and sales/marketing experience in the health information technology field; Prior pharmacy benefits management, disease management, healthcare or managed care environment experience strongly preferred.
Responsibilities
  • This position is responsible for leading the strategy and execution of new product development, product enhancements, extensions and end-of-life to existing products and services from concept through deployment.
  • Ensures products and services are successful, meet corporate operational excellence criteria and yield revenue to meet target goals.
  • Leads the research, development and implementation of Digital Products and Services.
  • Identifies, analyzes, monitors and suggests actions for products and services that materially contribute to overall mission and strategy of the company.
  • Evaluates new product development opportunities and existing product enhancements/extensions based on a well-defined product criteria.
  • Leads the conceptualization, design, product development and implementation of approved new and expanded products & services utilizing industry standard methodologies for product lifecycle management.
  • Responsible for the execution of simultaneous products under development, from product concept and approval through deployment.
  • This may include support of: product strategy definition and roadmap; development of marketing and product requirements documents with prioritized features and corresponding justification; prototype development; and development of strong voice of the customer and competitive intelligence.
  • This position will interface with other areas within the company, including IT, Sales & Marketing, Operations, Finance/Analytics and Project Management.
  • Provides product management oversight for assigned products and services, including annual strategic product planning; revenue and expense budgeting and forecasting; pricing; sales strategy development and facilitation; product positioning, packaging, and messaging; marketing and sales material development; product training, assessment, and support; RFP support; and product demonstrations.
  • Serves as the primary subject matter expert for cross functional business units for product development and management of Digital Products and Services.
  • Conducts market and competitive analysis by retrieving information from a variety of sources, including proprietary databases, Internet, focus groups and other data sources.
  • Utilizes information retrieved to conduct research and analysis and presents results to leadership and product teams.
  • Completes all documentation throughout the product or project lifecycle, including creating business cases, business plans, business requirements, and product toolkits.
Desired Qualifications
  • Product Management Certification (e.g. AIPMM, PDMA, Pragmatic Institute) preferred.
  • Project Management Professional and Certified Scrum Master certification preferred.
  • Experience in more than one of the following disciplines a plus: Technology Management, Product Marketing, Product Price Management, Finance, Operations.
  • Knowledgeable in marketing, including market research, market sizing, targeting, pricing, marketing communications, sales training, and product launch.
  • General knowledge of finance, including ability to read and understand financial data such as product income statements, ROI analysis, net-present value analysis.
  • Knowledge and experience with Agile product and project management methodologies a must.
  • Bachelor's degree in a related field and 8+ years of experience in health information technology is strongly preferred.

MedImpact is an independent pharmacy benefit manager (PBM) serving health plans, self-funded employers, and government entities. It designs and administers prescription drug benefits to lower costs and improve member health, including core PBM services, clinical programs, and specialty drug management. It operates at a large scale with transparency and flexible pricing, negotiating rebates and processing claims for clients. Its goal is to reduce prescription drug costs while improving health outcomes through data-driven, end-to-end benefit management.

Company Size

1,001-5,000

Company Stage

Seed

Total Funding

$2.8M

Headquarters

San Diego, California

Founded

1989

Simplify Jobs

Simplify's Take

What believers are saying

  • GLP-1 market expansion captures $100B+ obesity drug category with high-margin services.
  • Captive insurance acquisitions unlock SMB market segment demanding cost transparency alternatives.
  • Sav-Rx labor union expertise provides premium pricing power in historically underserved segment.

What critics are saying

  • October 2025 Qilin ransomware breach of 160GB data triggers HIPAA fines and client exodus.
  • CVS Caremark and Express Scripts control 80% market share, crushing rebate negotiation leverage.
  • PBM transparency laws eliminate retained rebate revenue, compressing independent operator margins permanently.

What makes MedImpact unique

  • Largest independent PBM with 20M+ members and $40B annual pharmacy transactions.
  • Vertically integrated portfolio spanning PBM, captive insurance, TPA, and specialty management.
  • GLP-1 Benefit 360 combines capped pricing, lifestyle coaching, and dietitian access uniquely.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Wellness Program

Unlimited Paid Time Off

Paid Vacation

401(k) Company Match

Life Insurance

Disability Insurance

Tuition Reimbursement

Employee Referral Bonus

Company News

The Associated Press
Mar 24th, 2026
MedImpact launches GLP-1 Benefit 360 to tackle obesity medication costs with capped pricing

MedImpact, the largest independent pharmacy benefits company in the US, has launched two solutions to manage rising GLP-1 medication costs whilst improving patient access: GLP-1 Benefit 360 and GLP-1 Direct Fund. GLP-1 Benefit 360 offers capped pricing for plans and members, integrated lifestyle support through the MedEmpower Fuel mobile app, and access to registered dietitians. The solution addresses the issue that over half of patients discontinue GLP-1 therapy within three months by providing personalised coaching at no additional cost. The GLP-1 Direct Fund allows healthcare payers to contribute set amounts toward direct-to-consumer pricing, offering members lower out-of-pocket costs whilst protecting plans from unpredictable cost increases. Both solutions bypass traditional high-cost pharmacy models to provide predictable pricing and clinical support.

MedImpact
Mar 16th, 2026
MedImpact Announces Acquisitions of Employer Insurance and Risk Management Companies | MedImpact

SRS Benefit Partners and MSL Captive Solutions provide alternative risk financing solutions that protect employers from sky-high administrative fees and renewals

Captive Review
Mar 16th, 2026
MedImpact acquires MSL Captive Solutions and SRS Benefit Partners from SRS

MedImpact acquires MSL Captive Solutions and SRS Benefit Partners from SRS. Acquisition of the two brands focused on medical stop-loss captive solutions by MedImpact Holdings extends its portfolio of care and coverage solutions MHW Benefit Partners (formerly SRS Benefit Partners) and MSL Captive Solutions have both been acquired by MedImpact Holdings Inc. Both businesses were previously owned by Strategic Risk Solutions. MedImpact is one of the US' largest independent health solutions and pharmacy benefit companies. MHW Benefit Partners helps small and mid-sized businesses, working independently or in groups, form, grow, and evolve captives, consortiums, and other employee benefit programmes. MSL Captive Solutions provides medical stop-loss insurance to protect self-insured employers from potentially catastrophic healthcare claims. Partnering with A-rated insurance companies, it underwrites individual employer stop-loss and captive programmes. Announcing the deals, MedImpact stated they expand its portfolio of care and coverage solutions, "providing employers with modular, cost-effective alternatives to traditional insurance carriers." "By integrating specialised risk management and alternative financing, MedImpact offers small and mid-sized businesses the transparency, flexibility, and cost control typically reserved for large, self-insured corporations," the company said. The two companies join MG Insurance as MedImpact's main risk management and underwriting brands, providing captive programmes and stop-loss protections. "Small and mid-sized businesses today struggle to manage runaway healthcare costs with the inflexible and opaque traditional insurance programmes," said Zach Johnson, MedImpact executive vice president. "We are putting power back in the hands of employers by giving them innovative alternatives, transparency, flexibility, and total control."

Captive Insurance Times
Mar 13th, 2026
MedImpact acquires MSL Captive Solutions and MHW Benefit Partners

Image: MedImpact_MHW Benefit Partners_MSL Captive Solutions_SRS Benefit Partners MedImpact acquires MSL Captive Solutions and MHW Benefit Partners. MedImpact Holdings, Inc., an independent health solutions and pharmacy benefit company, has acquired two risk management firms, MHW Benefit Partners and MSL Captive Solutions. The acquisitions expand MedImpact's portfolio of care and coverage solutions, providing small and mid-sized businesses with alternative financing and specialised risk management typically reserved for large, self-insured corporations. MHW Benefit Partners, formerly known as SRS Benefit Partners, assists businesses in the formation and evolution of captives, consortiums and other employee benefit programmes. MSL Captive Solutions specialises in medical stop-loss insurance, protecting self-insured employers from catastrophic healthcare claims. The firm partners with A-rated insurance companies to underwrite individual employer stop-loss and captive programmes. Commenting on the acquisitions, Zach Johnson, executive vice president at MedImpact, says: "Small and mid-sized businesses today struggle to manage runaway healthcare costs with the inflexible and opaque traditional insurance programmes. We are putting power back in the hands of employers by giving them innovative alternatives, transparency, flexibility, and total control." With the addition of these firms, MedImpact now offers a full suite of risk management and underwriting solutions, including captive programmes and stop-loss protections provided by MHW Benefit Partners, MSL Captive Solutions and MG Insurance. These services are integrated alongside third-party administration through Verdegard, transparent networks via PNOA and drug savings programmes through Ray Savings Solutions and Birdi. Based in San Diego, MedImpact has operated for more than 35 years, delivering tools and services designed to make healthcare more affordable and predictable for employers.

Business Wire
Mar 12th, 2026
MedImpact Expands Portfolio of Health Solutions with Acquisition of Two Employer Insurance and Risk Management Companies

MedImpact expands portfolio of health solutions with acquisition of two employer insurance and Risk Management companies. SRS Benefit Partners and MSL Captive Solutions provide alternative risk financing solutions that protect employers from sky-high administrative fees and renewals SAN DIEGO-(BUSINESS WIRE)-MedImpact Holdings, Inc., the nation's largest independent health solutions and pharmacy benefit company, today announced the acquisition of two innovative risk management firms: MHW Benefit Partners (formerly SRS Benefit Partners) and MSL Captive Solutions. MedImpact expands portfolio of health solutions with acquisition of two employer insurance and risk management companies share. These acquisitions expand MedImpact's portfolio of care and coverage solutions, providing employers with modular, cost-effective alternatives to traditional insurance carriers. By integrating specialized risk management and alternative financing, MedImpact offers small and mid-sized businesses the transparency, flexibility, and cost control typically reserved for large, self-insured corporations. * MHW Benefit Partners helps businesses, working independently or in groups, form, grow, and evolve captives, consortiums, and other employee benefit programs. These programs offer small and mid-sized businesses greater control over costs and transparency into plan administration than they have today. * MSL Captive Solutions provides medical stop-loss insurance to protect self-insured employers from potentially catastrophic healthcare claims. Partnering with A-rated insurance companies, it underwrites individual employer stop-loss and captive programs. With these acquisitions, MedImpact now offers employers a full suite of care, coverage, and risk management solutions that include: * Third-Party Administration (TPA): Integrated self-funded and level-funded programs through Verdegard. * Transparent Networks: Nationwide, direct-contracted provider access through PNOA. * Drug Savings & Clinical Programs: Advanced, high-touch clinical programs and specialty drug management through MedImpact, Ray Savings Solutions, and Birdi. * Risk Management & Underwriting: Captive programs and stop-loss protections provided by MHW Benefit Partners, MSL Captive Solutions, and MG Insurance. * Member Care & Fulfillment: High-touch home delivery via Birdi and member advocacy through Verdegard's Advanta program. Employers may choose these solutions individually or in custom bundles designed to meet their needs. "Small and mid-sized businesses today struggle to manage runaway healthcare costs with the inflexible and opaque traditional insurance programs," said Zach Johnson, MedImpact Executive Vice President. "We are putting power back in the hands of employers by giving them innovative alternatives, transparency, flexibility, and total control." About MedImpact MedImpact is the nation's largest independent health solutions and pharmacy benefit company. For more than 35 years, MedImpact has delivered innovative tools and services that make healthcare more predictable, personal, and affordable. To learn more, visit us online, follow us on LinkedIn, or contact us at [email protected].