Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building. Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare's greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve. Overview: The Product Analyst will report to the Senior Manager, Product Manager. This role will perform market research and analyze market data, identifying customer and consumer behaviors and trends. The Product Analyst makes recommendations and provide launch strategies based on their analyses to increase product line profitability. This individual will monitor product performance and utilize data and user feedback to suggest improvements. Duties and Responsibilities: Analyze data and research the market and competition to identify market trends to identify product enhancements and new market opportunities. Forecast the costs of developing and marketing a product or feature, as well as potential revenue and profit. Create reports about the performance of a given product, and suggest possible improvements, which are done by reading reports and reviews Conduct interviews or focus groups with existing customers and/or prospects to get feedback. May also include usability tests as well as anonymous surveys. Collaborate with cross-functional teams and other product lines Partner with Marketing to explore entry / expansion into new markets, build and evaluate competitive pricing strategies Evaluate the costs of development and launch and leverage market intelligence and product knowledge to suggest improvements to product and development teams. Monitor product performance and provide detailed insights and reports on product performance (sales / financials / transactions) Maintain compliance with Inovalon's policies, procedures and mission statement. Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon's Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position; and Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Employer. Job Requirements: 3+ years of experience in Product Analyst or similar role. Strong knowledge of Agile process and principles. Experience in the healthcare industry required. Product management experience preferred. Strong interpersonal and collaboration skills. Must be able to interact with various cross-functional teams (Product, Development, Marketing, etc.) as well as clients and prospects. Knowledge of Microsoft Office (Word, Excel, Visio), Confluence, and JIRA Experience in conducting market research Ability to work both independently and as a team member in a fast paced, remote environment. Highly self-motivated / goal-oriented with strong analytical and problem-solving skills Effectively leads projects and influences people to achieve department/company goals Ability to organize material and complete writing assignment according to set standards regarding order, clarity, conciseness, style, and terminology. Strong knowledge of the documentation process from design to commercial release Demonstrated ability to synthesize complex concepts and data into actionable goals and understandable documentation and presentations. Education: Bachelor's Degree in business administration, marketing, information technology, math, economics, or related field required. Physical Demands and Work Env ronment: Sedentary work (i.e. sitting for long periods of time). Frequently or constantly lift, carry push, pull or otherwise move objects and repetitive motions. Subject to inside environmental conditions. Travel for this position will include less than 10% locally usually for training purposes. The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal equity. At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate. Base Compensation Range $71,800 $100,000 USD Studies have shown that women and people of color are less likely to apply for jobs unless they believe they meet every one of the qualifications listed in a job description. If you don't meet every qualification listed but are excited about our mission and the work described, we encourage you to apply regardless. Inovalon is most interested in finding the best candidate for the job and you may be just the right person for this or other roles. By embracing diversity, equity and inclusion we enhance our work environment and drive business success. Inovalon strives to reflect the diversity of the communities where we operate and of our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth. Inovalon is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement. The Company maintains a drug free work environment for all of its associates, which includes employees, contractors and vendors. It is unlawful for associates to manufacture, sell, distribute, dispense, possess or use any controlled substance or marijuana in the workplace and doing so will result in disciplinary action, up to and including termination of employment or the contracted relationship. To review the legal requirements, including all labor law posters, please visit this link Inovalon provides equal employment opportunities (EEO) to all employees and applicants for employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or protected veteran status and will not be discriminated against on the basis of disability.