Principal Product Manager - Utilization Management

About Blue Cross and Blue Shield of Minnesota

At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. We are looking for dedicated and motivated individuals who share our vision of transforming healthcare. As a Blue Cross associate, you are joining a culture that is built on values of succeeding together, finding a better way, and doing the right thing.

If you are ready to make a difference, join us.

Blue Cross and Blue Shield of Minnesota is hiring a Principal Product Manager supporting Utilization Management in Eagan, Minnesota. In this leadership role, you will help define and advance the strategy for key Utilization Management (UM) products and capabilities that support compliance, operational effectiveness, affordability, and quality outcomes. You will lead product lifecycle management efforts across critical business areas, ensuring strategic priorities are aligned with customer needs, organizational goals, and evolving industry requirements.

This role offers the opportunity to influence enterprise priorities, lead Product Owners and cross-functional teams, and shape the future direction of UM foundational capabilities, appropriate payments, and compliance initiatives. Success in this role requires a balance of strategic thinking, strong leadership, stakeholder partnership, and a commitment to fostering a collaborative culture while delivering meaningful business results.

• Co-lead the product strategy and roadmap for Utilization Management products and capabilities, aligning priorities to business objectives, operational performance, and customer needs.
• Provide leadership and direction to Product Owners and cross-functional teams while cultivating a collaborative, high-performance culture.
• Drive product lifecycle management activities, including performance monitoring, strategic planning, and identification of opportunities for innovation and growth.
• Partner with stakeholders across compliance, operations, clinical, and business teams to establish priorities, manage resource allocation, and advance strategic initiatives.
• Ensure effective governance and oversight across UM foundations, appropriate payments, and compliance-related product initiatives while advancing long‑term strategic outcomes.

• Acts as voice of customer and evaluates existing products and competitor and industry data to improve existing market/product lines and make recommendations on new opportunities.
• Ensure presentations, communications, and implementation of all phases of product development are being done
• Reviews, analyzes, and makes recommendations on actions for existing products.
• Investigates market opportunities and effect on market for existing and new products.
• Engage with Product Owners to help develop short-term and long-term Market/Product Strategy Roadmaps
• Determines customer needs and preferences through research and analysis of industry technology, current processes, and other methods.
• Responsible for supporting the Product Lifecycle Management process to monitor product performance (clinical, financial, and operational) across all markets, as well as a competitive analysis research for benefits, market and regional data and trends.
• Supports the development of short- and long-term strategic product promotions in support of market, sales, and profitability objectives.
• Establishes product development policies.
• Actively look for opportunities to create product innovation
• Accountable for highlighting strategic capabilities for Product/Business line and tracking current state vs future vision for the capability (Leading, Above Market, Market, Below Market & Missing).
• Provide input into funding needs to create, support or accelerate Market/Product line strategic growth or cost control outcomes.
• Performs additional responsibilities consistent with the scope and level of the role, as assigned.

• 7+ years of related project/program management professional experience.
• Bachelor’s degree; in lieu of a degree, an additional two years of relevant experience beyond the qualifications listed…