The Principal Product Manager is a pivotal position within our product team, with a focus on identifying and driving market opportunities, developing new products/applications, supporting current platform applications, and managing financial performance of business cases. This role involves extensive collaboration with cross-functional teams, including business, technical, and financial stakeholders, to shape Vatica Health’s platform direction, vision, and roadmap. The Principal Product Manager serves as a strategic partner to guide and define product priorities, ensuring alignment with organizational goals and market trends. 

  

Responsibilities

 

Market Analysis and Strategy 

Conduct in-depth market research to identify emerging opportunities, assess competitive landscape, and align product strategy with market trends.  Collaborate with stakeholders to define market entry strategies for new products, including target segmentation and positioning.  Establish and monitor key performance indicators (KPIs) to track product success and market alignment for Epic and Feature level 

Product Development and Launch 

Drive the product lifecycle from ideation through to launch, ensuring products meet both internal and external customer and market needs.  Develop detailed product ability requirements and features, aligning them with business goals and customer insights.  Define the Tech specifications needed for the product and/or SKU to launch  Work closely with the development team to prioritize and sequence backlog items, participating in grooming and planning sessions. 

Lean Canvas / Business Case/Model Management  

Collaborate with finance and executive leadership to develop financial models & business case and manage financial impact on new and existing products.  Set pricing and revenue targets with the Growth team, forecasting financial outcomes/impact and monitoring profitability across product lines for owned offerings.  Regularly assess product KPI(s) performance, identifying areas for cost optimization, yield improvement, and revenue enhancement. 

Stakeholder Collaboration and Communication 

Serve as the primary point of contact for product-related decisions during planning and grooming sessions.  Align with cross-functional teams, including sales/growth, marketing/strategy, clinical operations, compliance/legal, and infrastructure support, to ensure smooth product rollouts.  Lead stakeholder communications, providing updates on progress, roadblocks, and strategy adjustments.  Participate and lead in Product Advisory Boards (PAB) 

Strategic Roadmap and Feature Prioritization 

Develop and maintain a product roadmap within Aha!, ensuring alignment with organizational goals and stakeholder priorities.  Identify and document “definition of done” criteria for each feature and user story within Aha!.  Make sure all features meet the “definition of ready”  Produce business workflows, high level data mapping, and design business processes to streamline feature delivery and can be visible in the initiative for transparency across the portfolio. 

Quality Assurance and Continuous Improvement 

Participate in User Acceptance Testing (UAT) and sprint demos, ensuring all features meet the “definition of done.”  Utilize customer feedback to iterate on product features and enhance user experience.  Participate and present in Product Advisory Board (PAB) meetings  Collaborating with architects and technical leads to address non-functional requirements, including scalability and performance.