Product Development Analyst

When applying, please include your resume and salary requirements to [email protected] with the following information in the subject line: "BuiltIn – Product Development Analyst – YOUR NAME". Local Applicants only.
Apply now

Why we’re excited to get to work:

The mission for Payformance Solutions is simple. We aim to be a catalyst for payment transformation in the healthcare industry. Our proprietary software solutions allow payers and providers to focus on what really matters: providing patients with access to care that yields the best health outcomes, at the lowest costs.

The healthcare industry is complex and fragmented. Payers and providers are faced with a lack of transparency and conflicting financial goals that fail to consider the health outcomes of patients. Payformance Solutions offers data-driven, turnkey software solutions that provide payers and providers with the technical tools and resources needed to design, evaluate, build, measure, and negotiate value-based reimbursement contracts — as a neutral third party. Our holistic solutions allow payers and providers to collaborate in an ecosystem that aligns financial goals with patient outcomes.

Our team needs a hands-on Product Development Analyst who can work closely with the product owners to influence and understand the product vision, strategic product direction, and product roadmap. You will be the product person who is passionate about solving real problems with technology. As the bridge between technical and business worlds, it’s essential that you are a guiding light, constantly organizing and executing strategy based on data driven decisions and hypotheses, aligning with company leaders, executing and measuring result. Using your passion to build things that matter, you understand project prioritization at a macro level, but live in the trenches with the teams to outline details, guide execution and own accountability.

What you’ll do:

  • Process information like an engineer, dream of front-end applications like a creative designer, have the drive of a hungry-entrepreneur BUT maintain the voice of a diplomat.
  • Specify and document software requirements in story format, using Agile methodology, with proper acceptance criteria that meet the business requirements
  • Work with the software engineering team to interpret the software requirement to support the implementation of product features
  • Work with the product leadership to maintain the product backlog to ensure sufficient level of backlog items for the engineering team, and contribute to the prioritization of the product backlog
  • Support “beta” clients interacting with Payformance Solutions products.

What you’ll bring to the table:

  • Outstanding verbal and written communication skills
  • Strong interest in health care and health reform. Knowledge of, and experience with, value-based care contracts and outcomes is a strong plus.
  • Proven track record of successfully working with product management or other business function to analyze, define, and document software functional requirement for commercial software product development
  • At least 3 years of experience in business requirements analysis in support of software development
  • Experienced and comfortable working with high performing engineering teams
  • Have solid understanding of software development life-cycle and have strong ability to effectively communicate business requirements to engineers
  • Interest in and/or experience with innovative technology-enabled healthcare solutions (e.g., digital health); experience with health care venture capital or solution implementation a plus.
  • Comfort working in an entrepreneurial environment and dealing with ambiguity.
  • Ability to succeed in a dynamic environment and produce multiple deliverables within tight timeframes.
  • Self-starter that places high value on quantitative analysis to drive product management towards scale and growth.
  • Position is based in Chicago

Not to boast, but a little bit about us:

Payformance Solutions is a health-tech company dedicated to advancing payment transformation in the healthcare industry. We are a wholly owned subsidiary of Altarum Institute, a nonprofit systems research and consulting organization that has been servicing government and private sector clients since 1946.

Altarum Institute combines the analytical rigor of a research institution with the business agility of a consulting firm, the Institute is uniquely positioned to deliver practical, systems-based health and healthcare solutions to its clients. Altarum’s nonprofit status ensures that the public interest is always preeminent in our work. Our dedication to social responsibility is evident in all that we do, serving the public good with integrity and enabling others to do the same. Altarum develops and promote best practices in the application of information technology to health and health care. Applying systems research principles and analytic objectivity, we work to increase access to health information; improve the organization and usability of health information; and develop new knowledge from health information. We work to achieve these goals by addressing all aspects of information technology —policy and planning efforts, system design and development, information exchange, and the management and evaluation of specific information technology and strategies.

At Payformance, we don’t just accept difference - we celebrate, support, and thrive on it for the benefit of our employees, our clients, and our community. Payformance Solutions is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, status as a protected veteran, or disability.

To all recruitment agencies: Payformance does not accept agency resumes, we are not responsible for any fees related to unsolicited resumes.

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When applying, please include your resume and salary requirements to [email protected] with the following information in the subject line: "BuiltIn – Product Development Analyst – YOUR NAME". Local Applicants only.
Apply now
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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • ScalaLanguages
    • D3JSLibraries
    • ExpressFrameworks
    • Node.jsFrameworks
    • VueFrameworks
    • CassandraDatabases
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • MySQLDatabases
    • ElasticsearchDatabases
    • Google AnalyticsAnalytics
    • IllustratorDesign
    • PhotoshopDesign
    • SketchDesign
    • JIRAManagement
    • TrelloManagement
    • WordpressCMS

Location

On the river. 2 blocks from MerchMart (our lunch spot). Same block as Sienna Tavern (our watering hole). Across from Caffe Umbria (our coffee shop).

An Insider's view of Payformance Solutions

What are some social events your company does?

Team Holiday Event: Specialty donuts and all hands strategy meeting (Define success in 2018); Quartino's for lunch and drinks (its 5 o'clock somewhere); Art Heist @ The Escape Room (we made it out!).

Kevin

CTO

What kinds of technical challenges do you and your team face?

The technology that powers the claims systems in the Healthcare industry has not been updated since the 70s. We're building solutions that leapfrog these legacy systems while improving patient outcomes and reducing costs.

Matt

Director of Analytics

How does the company support your career growth?

Payformance sets aside budget annually for everyone to attend conferences, seminars, and enroll in continuing education.

Matt

Manager, Talent Acquisition

What's the biggest problem your team is solving?

Using data to improve patient outcomes, lower costs, and increase access. Using structured and unstructured data to address the $1 trillion opportunity, just a small piece of the overall health care spend in the US (20% GDP).

Matt

Director of Analytics

What are Payformance Solutions Perks + Benefits

Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Child Care & Parental Leave Benefits
Flexible Work Schedule
Remote Work Program
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Volunteer Time
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Happy Hours
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement

Additional Perks + Benefits

100% employer paid medical options available • Free gym access • 401K retirement fund contribution (5%)
Thirsty Thursday team building events • Healthy work/life balance… Our flexible office hours and time-off allows you to make the most of your time in and out of the office to fit your needs. Plus, an optional work-from-home abilities (after 3 months) • Work with a highly collaborative and values-driven team • Awesome co-workers!

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When applying, please include your resume and salary requirements to [email protected] with the following information in the subject line: "BuiltIn – Product Development Analyst – YOUR NAME". Local Applicants only.
Apply now
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