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Elevance Health Staff VP, Product Portfolio & Governance (CarelonRx) in Boston, Massachusetts

Staff VP, Product Portfolio & Governance (CarelonRx)

  • Job Family: Product Management

  • Type: Full time

  • Date Posted:Jan 24, 2023

  • Req #: JR50350


  • NJ, Morristown

  • National +50 Miles away from nearest PulsePoint, National +50 Miles away from nearest PulsePoint


A proud member of the Elevance Health family of companies, CarelonRx (formerly IngenioRx) leverages the power of new technologies and a strong, clinical-first lens, to deliver member-centered, lasting pharmacy care.

Staff VP, Product Portfolio & Governance (CarelonRx)

Location: For this role we prefer candidates located close to an Elevance Health /CarelonRx office, but we are willing to consider candidates outside of this preference within the continental United States.


Reporting to the VP, Product Strategy, this role provides leadership for Product Operations, Strategic planning, and Project Management Office. The Governance leader is responsible for the best practices of the Product Lifecycle Management phase gates servicing as a Center of Excellence, leadership of the Product Intake and Steering Committee that determines the prioritization and business decisions for the annual product/solutions roadmap, oversight of the planning, budgeting and management of the strategic product portfolio process, as well as leadership of our strategic product portfolios and alignment to business and product goals across all CarelonRx lines of business. The range of solutions initiatives will include PBM traditional and Specialty Pharmacy, Clinical Products and Services and Network Solutions and new business lines – in addition to integrated solutions for Medical/Rx and other health services offerings such as Behavioral Health.

This role engages significantly with matrixed resources (Clinical, Operations, Pricing, Product, IT, Business Development etc.) that collaborate to develop, produce, pilot, implement, and service new products. In this capacity, the leader will create both standalone pharmacy and integrated pharmacy/medical solutions that bring value across the total addressable market: clients/prospects within Anthem Commercial Business Segment as well as carve out payor agnostic strategic solutions designed to meet current and emerging market needs and drive significant profitable growth and retention of our market base.

Primary interfaces include Integrated Segment resources such as the CarelonRx PBM leadership, Sales and account teams, Commercial Plan market segment leaders, Commercial Product, Pharmacy Clinical Account Services, Marketing, Pricing team, Underwriting, Product and Medical Account Services, and Pharmacy Operations, Analytics, IT, Legal and Compliance.

Primary Responsibilities

  • Establish a Product Project Management Office to focus on key Blue Chip priorities, expanding capacity beyond enterprise portfolio funded initiatives.

  • Establish and Lead a Steering Committee and Governance approach for all product portfolio initiatives, liaising with the overarching CarelonRx portfolio team, creating visibility into issues, risks, decisions and other needs to ensure on time and on budget execution excellence.

  • Partner and create a collaborative process with the Commercial Product team and Carelon Services team, aligning governance and PLM processes with Anthem Medical/Commercial Segments Business Division PLM processes to ensure successful delivery with the Markets.

  • Ensure visibility and resolution of Product operations issue management needs during all phases of PLM for product development and operationalization and client implementations, collaborating to establish the operating model and continuous improvement plans.

  • Develop strong collaborative relationships with all key stakeholders critical to the successful launch of differentiating products and services across Pharmacy Sales/Account Directors, and all CarelonRx cross functional partners/resources that support the PBM business

  • Ensure all products and solution launches have clear business cases and mechanisms to ensure success metrics

  • Drive Talent Development and cultural expectations to recruit, inspire and retain high performing staff, deepening the talent bench and leading succession planning.

  • Develop consultative and business acumen skills for the product management organization related to the PLM Process and intersection with other Process owners across key cross matrix partners.

Qualifications - External

Requires a BA/BS and minimum 10+ years of experience in general business management, P&L ownership, governance/PMO, and strategic planning or any combination of education and experience, which would provide an equivalent background.


  • Experience with healthcare and pharmacy benefit management a plus.

  • Experience leading cross functional initiatives and executing within a large matrixed organization, building relationships at multiple levels to achieve objectives, and aligned value.

  • Minimum 10 years’ experience leading high performing teams in a product/solution or general business management growth function.

  • Strong organizational skills and disciplined practice towards accountable ownership and solutions excellence.

  • Successful experience developing and executing short and long-term strategic growth plans.

  • Excellent executive level communication skills, both verbal and written.

  • Successful experience presenting to C-suite leadership.

  • Background and demonstrated understanding in E2E Health Care Operations and business acumen preferred.

(Official Corporate Job Title: Staff VP Pharm Prod Strat Dev)

For candidates working in person or remotely in the below locations, the salary* range for this specific position is $147,280 - $265,104.

Locations: California; Colorado; Nevada; Washington State; Jersey City, NJ; New York City, NY; Ithaca, NY and Westchester County, NY

In addition to your salary, Elevance Health 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). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the company. The company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

  • The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Please be advised that Elevance Health only accepts resumes from agencies that have a signed agreement with Elevance Health. Accordingly, Elevance Health is not obligated to pay referral fees to any agency that is not a party to an agreement with Elevance Health. Thus, any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Be part of an Extraordinary Team

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. Previously known as Anthem, Inc., we have evolved into a company focused on whole health and updated our name to better reflect the direction the company is heading.

We are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide – and Elevance Health approves – a valid religious or medical explanation as to why you are not able to get vaccinated that Elevance Health is able to reasonably accommodate. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health has been named as a Fortune Great Place To Work in 2021, is ranked as one of the 2021 World’s Most Admired Companies among health insurers by Fortune magazine, and a Top 20 Fortune 500 Companies on Diversity and Inclusion. To learn more about our company and apply, please visit us at Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance.

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  • EEO Policy Statement

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