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Sr. Product Manager (Cedar Pay)

New York, NY, United States

Our healthcare system is the leading cause of personal bankruptcy in the U.S. Every year, over 50 million Americans suffer adverse financial consequences as a result of seeking care, from lower credit scores to garnished wages. The challenge is only getting worse, as high deductible health plans are the fastest growing plan design in the U.S.

Cedar’s mission is to leverage data science, smart product design and personalization to make healthcare more affordable and accessible. Today, healthcare providers still engage with its consumers in a “one-size-fits-all” approach; and Cedar is excited to leverage consumer best practices to deliver a superior experience.

The Role

Cedar is looking for a Senior Product Manager to drive the growth and evolution of our flagship product, Cedar Pay. Your work will directly impact millions of patients by simplifying healthcare payments, reducing stress, and enhancing financial clarity. At the same time, you'll help providers optimize their workflows, reduce costs, and improve collections.

This is a high-impact, high-visibility role with direct exposure to executive leadership, offering a unique opportunity to shape the future of healthcare payments. At a high-level, the role will involve:

  • Strategy: developing product strategy by researching market needs, sizing potential opportunities, and aligning with Cedar competencies
  • Discovery: driving product discovery with providers, patients, and our commercial team to identify problems worth solving and validating solutions
  • Development: working with your squad (design, engineering, and data science) to execute on the roadmap and launch high quality products
  • Collaboration: meeting with commercial + client teams to gain an understanding of the key problems to focus on + influence how we position, sell and deliver the product, especially with respect to differentiation 

Responsibilities

  • Work cross-functionally with nearly nearly every function (Commercial, Delivery, Makers, Legal)
  • Drive product strategy by generating market insights via client engagement + desk research
  • Investigate and scope which key problems your product area should solve
  • Develop + execute on roadmap with dev team (Eng, Design, Data) in-line with Cedar strategy
  • Define measurement strategies for team and launches, while teaming with Data to draw insights 
  • Define GTM for your product with Commercial to ensure flawless delivery + customer value
  • Develop + share thought leadership around your product + its market

Required Skills & Experience

  • 6+ years of product management experience in a rapid-growth startup environment
  • Comfortable solving big, ambiguous problems via experimentation and limited data
  • Track record of successfully delivering complex software products
  • Experience working directly with engineers and designers to ship customer-facing applications
  • Strong analytical and data driven approach
  • Strong communication + project management skills with internal / external leadership teams
  • Prior B2B2C product experience in an enterprise client-facing role

Bonus Qualifications

  • Technical background in product-related software engineering
  • Prior knowledge of the healthcare space (providers, insurance companies, tech companies…)

Compensation Range and Benefits

  • Salary/Hourly Rate Range*: $164,050 - $193,000
  • This role is equity eligible
  • This role offers a competitive benefits and wellness package

*Subject to location, experience, and education

What do we offer to the ideal candidate?

  • A chance to improve the U.S. healthcare system at a high-growth company! Our leading healthcare financial platform is scaling rapidly, helping millions of patients per year
  • Unless stated otherwise, most roles have flexibility to work from home or in the office, depending on what works best for you
  • For exempt employees: Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
  • 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
  • Diversity initiatives that encourage Cedarians to bring their whole selves to work, including three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians) 
  • Competitive pay, equity (for qualifying roles) and health benefits that start on the first of the month following your start date (or on your start date if your start date coincides with the first of the month)
  • Cedar matches 100% of your 401(k) contributions, up to 3% of your annual compensation
  • Access to hands-on mentorship, employee and management coaching, and a team discretionary budget for learning and development resources to help you grow both professionally and personally

About us

Cedar was co-founded by Florian Otto and Arel Lidow in 2016 after a negative medical billing experience inspired them to help improve our healthcare system. With a commitment to solving billing and patient experience issues, Cedar has become a leading healthcare technology company fueled by remarkable growth. "Over the past several years, we've raised more than $350 million in funding & have the active support of Thrive and Andreessen Horowitz (a16z).

 

As of November 2024, Cedar is engaging with 30 million patients annually and is on target to process $3.5 billion in patient payments annually. Cedar partners with more than 55 leading healthcare providers and payers including Highmark Inc., Allegheny Health Network, Novant Health, Allina Health and Providence.

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