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Sr. Product Manager, Financials

Job in Chicago, Cook County, Illinois, 60601, USA
Listing for: arbitalhealth
Full Time, Contract position Listed on 2026-11-15
Job specializations:
Salary/Wage Range or Industry Benchmark: 185000 - 215000 USD Yearly USD 185000.00 215000.00 YEAR

Job Description & How to Apply Below

Position: Sr. Product Manager, Contract Financials

Role overview Own the product area that measures, settles, and projects the financial performance of value-based care contracts. You’ll work closely with engineering, actuarial, and client-facing teams to turn contract terms and customer needs into accurate, reusable product capabilities, from discovery and prioritization through release and adoption.

Responsibilities
  • - Set the roadmap for contract financial products and prioritize client needs, contract requirements, and platform improvements.
  • - Convert recurring customer requests and individual contract terms into configurable capabilities that serve multiple clients.
  • - Write product requirements, user stories, acceptance criteria, and calculation rules; plan actuarial testing and coordinate release documentation.
  • - Review contract terms with actuarial partners, identify unsupported requirements, and assess how new needs fit existing product structures.
  • - Use SQL and data schemas to inspect source data, review calculation outputs, and check results for accuracy.
  • - Triage product issues, follow requests through resolution, and communicate roadmap choices and delivery updates to internal teams and clients.
Requirements
  • - At least five years in product management, actuarial work, analytics, or a related field, including three or more years managing B2B data, analytics, or financial software products.
  • - Working knowledge of value-based care contract concepts such as shared savings, capitation, benchmarks, attribution, risk sharing, reconciliation, settlement, and IBNR.
  • - Experience owning a product area from discovery through release and adoption, and building scalable SaaS or platform products.
  • - Ability to interpret contracts or settlement reports and turn them into clear, buildable requirements.
  • - Comfort with SQL, data schemas, healthcare data, and reviewing financial calculations with technical and actuarial colleagues.
  • - Strong written and verbal communication, attention to detail, and ability to work autonomously in a fast-moving environment.
Nice to have
  • - Experience in payer or provider contract operations, value-based care finance, or settlement reconciliation.
  • - Familiarity with Medicare Advantage, ACO REACH, MSSP, Medicaid, or commercial value-based contracts.
  • - R, Python, or similar analysis experience; an actuarial credential or analyst background.
Benefits and work setup
  • - Salary range: $185,000–$215,000 per year, plus equity options.
  • - Health, dental, and vision coverage with substantial employer contributions, and a 4% retirement plan match.
  • - Flexible paid time off, a weeklong winter shutdown, and ten annual holidays.
  • - Occasional travel for quarterly team gatherings.
  • - Applicants must be authorized to work in the United States without employer sponsorship.
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