Associate Principal, New Product Development – Washington, DC or Remote
UnitedHealth Group Posted on 2022-11-18
| Salary | $82,100 – $146,900 a year |
|---|---|
| Location | Remote in Washington, DC 20004 |
| Type | Full-time |
Job Description
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Come make an impact on the communities we serve as we help advance health equity on a global scale. Here, you will find talented peers, comprehensive benefits, a culture guided by diversity and inclusion, career growth opportunities and your life »s best work.(sm)
New Product Development (NPD) is responsible for sourcing and launching new businesses across the healthcare industry. Serving as a major growth engine for Optum, NPD works closely with Optum leadership and collaborates with existing business unit leaders and innovation teams to generate growth from “white space” opportunities, with a special emphasis on ideas that span industry sub-sectors.
NPD teams enjoy unparalleled access to the executives at the leading healthcare organizations in the United States and to major investors and prominent leaders in the industry. Entrepreneurial-minded candidates will find a challenging environment, a supportive organization and an opportunity to develop a broad skill-set while affecting meaningful change in one of the most critical industries in today’s economy.
Associate Principals will support the development and refinement of the company’s growth strategy, expanding the firm’s knowledge base in emerging terrains, and spearheading the research, development, and launch of multiple new businesses.
You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.
Primary Responsibilities:
- Identify, scope and size new venture opportunities
- Analyze competitors and draft positioning collateral
- Conduct rigorous market testing by interviewing key industry executives
- Develop pro-formas and financial models
- Pitch new ventures or terrain explorations to senior leaders
- Evaluate and diligence investments and acquisitions
- Collaborate with development and product management teams on internal builds
- Support initial hiring, sales, and implementation activities on new ventures
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
- Bachelor’s Degree
- 5+ years of relevant experience in strategy, consulting, venture capital, equity or banking
- Experience working in a team environment, as well as independently and autonomously
- Experience managing / coaching more junior team members
- Experience conducting root-cause analysis
- Experience working with clients in a consultative role – comfort engaging senior level people in back-and-forth conversation, ability to be convincing when necessary, and ability to develop solid relationships through each interaction
- DC-based or ability to travel to DC on occasion
Preferred Qualifications:
- MBA or other advanced degree
- Experience in developing growth strategies for organization(s), particularly around new business lines
- Health care clinical experience
To protect the health and safety of our workforce, patients and communities we serve, UnitedHealth Group and its affiliate companies require all employees to disclose COVID-19 vaccination status prior to beginning employment. In addition, some roles and locations require full COVID-19 vaccination, including boosters, as an essential job function. UnitedHealth Group adheres to all federal, state and local COVID-19 vaccination regulations as well as all client COVID-19 vaccination requirements and will obtain the necessary information from candidates prior to employment to ensure compliance. Candidates must be able to perform all essential job functions with or without reasonable accommodation. Failure to meet the vaccination requirement may result in rescission of an employment offer or termination of employment
Careers with Optum . Our objective is to make health care simpler and more effective for everyone. With our hands at work across all aspects of health, you can play a role in creating a healthier world, one insight, one connection and one person at a time. We bring together some of the greatest minds and ideas to take health care to its fullest potential, promoting health equity and accessibility. Work with diverse, engaged and high-performing teams to help solve important challenges.
*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy
Colorado, Connecticut, Nevada, or New York City Residents Only: The salary range for Colorado residents is $82,100 to $146,900. The salary range for Connecticut/Nevada/New York City residents is $90,500 to $161,600. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.
Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
UnitedHealth Group is a drugfree workplace. Candidates are required to pass a drug test before beginning employment.
Company description:
UnitedHealth Group is the most diversified health care company in the United States and a leader worldwide in helping people live healthier lives and helping to make the health system work better for everyone. We are committed to introducing innovative approaches, products and services that can improve personal health and promote healthier populations in local communities. Our core capabilities in clinical care resources, information and technology uniquely enable us to meet the evolving needs of a changing health care environment as millions more Americans enter a structured system of health benefits and we help build a stronger, higher quality health system that is sustainable for the long term. We serve our clients and consumers through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services and Optum, which provides information and technology-enabled health services. Learn more about your future at UnitedHealth Group at workatuhg.com You can call our HR Direct Line at 1-800-561-0861 From 7am – 7pm CT and ask for RECRUITMENT SERVICES.
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