Lead Product Manager, Cedar
$187-220k
+ Equity
Financial engagement & billing technology for healthcare providers
Open for applications
Financial engagement & billing technology for healthcare providers
501-1000 employees
Open for applications
$187-220k
+ Equity
501-1000 employees
Company mission
To make healthcare more affordable and accessible through its consumer-friendly platform.
Role
Who you are
- The ideal candidate has (a) proven track record of delivering complex software products, including 0 to 1 initiatives, (b) excellent internal/external executive communication, and (c) expertise in related healthcare domains like RCM or insurance
- 5+ years of product management experience in a rapid-growth startup environment
- Track record of successfully delivering complex software products (especially 0 to 1 initiatives)
- Strong executive communication + project management skills with leadership teams
- Comfortable solving big, ambiguous problems via experimentation and limited data
- Ability to think strategically and craft a compelling team vision
- Experience working with technical architects and an understanding of data models
- Experience working directly with engineers and designers to ship customer-facing applications
- Strong analytical and data driven approach
Desirable
- Prior knowledge of the healthcare space (RCM, insurance, etc.)
- Technical background in product-related software engineering
- Prior B2B product experience in an enterprise client-facing role
What the job involves
- Cedar is looking for a Lead Product Manager to lead product development for a cross-functional squad that will be responsible for (a) scaling our product suite, as well as (b) exploring new product bets like ‘simplifying insurance discovery’ to increase affordability for the most vulnerable U.S. patient populations
- Product Strategy: Work with clients, prospects, and other healthcare entities to ensure we have an understanding of important problems to solve, as well as opportunities for Cedar to differentiate itself. Develop business cases and strategies that will help us achieve these goals
- Execution: Work with Commercial, Engineering, Design, and Data to execute on the roadmap and deliver high quality products
- Commercialization: Collaborate with commercial and business teams to understand evolving customer needs, iterate, and drive adoption to fully realize customer value
- This is a senior role that will work on high-visibility initiatives
- Work cross-functionally with nearly every function (ex: Commercial, Makers, Legal, Security)
- Drive product strategy by generating market insights via client engagement and desk research
- Craft a compelling vision, strategy, and roadmap based on user needs and company goals
- Develop and execute on roadmap with dev team (Eng, Design, Data)
- 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
Our take
Over $1 billion is said to be lost annually by physicians as a result of inefficient and disjointed healthcare billing practices. The subsequently low patient satisfaction rates lead to poorer care, and real losses for providers who see patients switching away from their plans. Cedar looks to remedy this long-time problem set with a selection of consumer-facing services which streamline billing, insurance, and healthcare processes.
Companies like Cedar are in high demand, and serve a promisingly large and hungry market. Future healthcare billing concerns a huge percentage of US adults, and optimizing patient satisfaction is of increasing concern in a competitive sector for healthcare providers. Like other companies with a tech-forward focus, Cedar has been able to capitalize on an industry increasingly expanding towards digital healthcare solutions.
After acquiring competing patient finance streamlining service OODA Health in 2021, Cedar has gone on to capture even more success. The company has netted substantial funds on top of the launch of its Payer Intelligence Layer, which allows it to integrate data from insurers and providers to create a single source of information. It was also endorsed by the Montana Hospital Association's shared services division MHA Ventures (MHAV), to be listed as its only preferred patient financial engagement technology, all boding well for its performance into the future.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
41% female employees
-9% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Dec 2022
$68.4m
SERIES D
Mar 2021
$200m
SERIES D
Total funding: $394.4m
Company benefits
- 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
- Flexibility to work from home or in the office, depending on what works best for you
- Health insurance
- Offices in Manhattan, San Francisco and Salt Lake City
- Free lunch, healthy snacks, cold brew and kombucha on tap (Yup!)
- Guided-meditation and game nights (Weekly!)
- 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 your first day
- 401k plan with 3% employer non-election contribution
- Access to hands-on mentorship, employee and management coaching, and a stipend for learning and development resources to help you grow both professionally and personally
Company values
- Focus on the vision: We enable an exceptional healthcare consumer financial experience through relentless focus, only prioritizing actions that advance us towards this goal.
- Reject mediocrity: We solicit diverse perspectives, set high standards and constantly challenge ourselves to raise the bar on our thinking, people and performance.
- Apply a growth mindset: We maintain an optimistic, constructive and resilient attitude, passionately pursuing our mission, embracing difficult problems and learning from setbacks.
- Use good judgment: We require accountability, bold thinking and a reliance on common sense to prioritize and make informed decisions that reflect our convictions, integrity and core values.
Company HQ
West Village, New York, NY
Articles
Leadership
Arel Lidow
(Co-Founder)Prior to founding Cedar in 2016, Arel was VP of product at AppNexus where they supervised the development and launch of the company’s flagship products. Arel began their career as a technology associate at Bridgewater Associates, working on trading systems for the world’s largest hedge fund. Graduated from Princeton University with a B.S.E. in electrical engineering and a certificate in finance.
Dr. Florian Otto
(Co-Founder & CEO)Prior to founding Cedar, Florian was an executive at Zocdoc where they drove the commercial adoption of the platform. Florian also founded a daily deal company in Brazil (ClubeUrbano) that was eventually acquired by Groupon. After the acquisition, he became Chief Executive Officer of Groupon Brazil. Florian began their business career as a strategy consultant at McKinsey & Company within their healthcare practice. Florian holds a M.D., D.D.S. and PhD from the University of Freiburg, Germany.
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