Business Analyst

Position: Business Analyst/ Product Analyst (US Healthcare)

About the job

The Product Analyst plays a crucial role in driving product development and strategy within the US healthcare sector. They possess a strong understanding of healthcare systems and help organizations achieve their business goals by analyzing product requirements, identifying opportunities for enhancement, and collaborating with cross-functional teams. They support product lifecycles by aligning product strategies with business objectives and regulatory compliance, ensuring seamless execution of product initiatives.

Role & responsibilities

• Collaborate with internal teams and external stakeholders to gather and analyze product requirements focused on the US healthcare system.
• Perform data-driven analysis of market trends, user behavior, and product performance to drive strategic product decisions and support business cases for new features.
• Create functional specifications, including wireframes and prototypes, to represent product ideas clearly and communicate feature functionality to stakeholders and development teams.
• Maintain the product roadmap, ensuring that features align with business objectives and user needs.
• Document product requirements through detailed Product Requirement Documents (PRDs), user stories, and acceptance criteria.
• Ensure product initiatives comply with US healthcare regulations (HIPAA) and align with industry best practices for privacy and security.
• Facilitate communication between stakeholders and development teams to ensure alignment and timely updates throughout the product lifecycle.
• Contribute to process improvements related to product analysis, requirement documentation, and stakeholder communication.
• Oversee development efforts, validate functionality, and ensure the product meets specified requirements.
• Assist in the creation of test plans and test cases for product validation in collaboration with QA and business testing teams.

As a Product Owner

• Prepare and present strategic ideas to stakeholders to align product direction with business needs.
• Define product features based on customer requirements and market trends.
• Lead the development process by managing the product roadmap, ensuring alignment with business objectives.
• Act as the main point of contact between teams and stakeholders, ensuring smooth communication and workflow.
• Organize and prioritize the product backlog according to business and user requirements.

Preferred candidate profile/ Preferred Qualifications

• Experience in the US healthcare industry, with a strong understanding of healthcare regulations, such as HIPAA, and industry workflows.
• Ability to analyze complex business requirements and provide data-driven insights for product enhancements.
• Proficiency in wireframing and prototyping tools such as Balsamiq, Figma, or Sketch, as well as documentation tools like JIRA and Confluence.
• Excellent interpersonal skills, with strong written and verbal communication, to manage stakeholder relationships and collaborate with cross-functional teams.
• Familiarity with healthcare platforms, patient assistance programs, or electronic medical record systems is a plus.
• Ability to work in a fast-paced, collaborative environment and manage multiple tasks simultaneously.
• 2-4 years of experience in Product Analysis or Product Management within the US healthcare sector.
• Familiarity with healthcare claims processes, benefit verification, patient electronic medical record system, revenue cycle management or patient assistance programs.
• Strong problem-solving skills and experience working with cross-functional teams to deliver product solutions.