Director, Pricing and Packaging Strategy

| Waltham, MA, USA | Hybrid
Employer Provided Salary: 232,000-260,000 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.
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Description
Come join a winning team! Here at Imprivata, you'll see a dedicated group of professionals who care about improving healthcare. Our team thrives on collaboration and sharing ideas, whether in a cross-functional meeting or at one of our virtual team-building events.
While we're diverse in our backgrounds and skills, we have much in common. A passion for our mission. A strong sense of integrity. A belief that we're making a positive impact and a commitment to having fun.
We are seeking a Director, Pricing and Packaging Strategy to join our team. This is a hybrid opportunity based out of our Waltham, MA office.
Job Summary
The Director of Pricing and Packaging Strategy at Imprivata is responsible for developing, implementing, and optimizing product packaging and pricing strategies to match customer needs and to maximize revenue while ensuring market competitiveness. Imprivata primarily develops software for healthcare, but also packages services and hardware for full customer solutions. This position is accountable for Imprivata's comprehensive pricing operations, pricing insights and pricing sales readiness initiatives. Additionally, this role in partnership with finance, sales, product, and marketing teams will engage with leadership across the company to drive growth and optimize Imprivata's pricing strategies.
Duties and Responsibilities

  • Lead, develop, and execute comprehensive pricing strategies aligned with the company's overall business objectives and market dynamics.
  • Understand our customer needs and identify strategies and pricing models to create customer value through differentiated and competitive packaging and pricing.
  • Conduct detailed pricing review and analysis to stay ahead of market trends, navigate the competitive landscape, understand customer segmentation, and product positioning.
  • Work closely with our Deal Desk to monitor trends and measure effectiveness in real time.
  • Collaborate with cross-functional teams including customer success, product, sales, renewals, finance, & marketing, as well as other stakeholders, to implement proactive strategies that ensure alignment to business goals.
  • Utilize data-driven insights and pricing analytics to identify opportunities for margin improvement and pricing adjustments.
  • Implement pricing tools and systems to streamline processes and improve effectiveness.
  • Lead a cross-functional Pricing Committee - to establish pricing policies, plans, guidelines, and governance to maintain consistency and integrity in pricing practices.
  • Ensure compliance with regulatory requirements related to pricing disclosures.
  • Monitor pricing metrics to assess effectiveness of strategies and initiatives.
  • Partner with finance, business operations, and sales operations to introduce new SKUs.
  • Communicate and train sales teams to implement pricing strategies.
  • Provide thought leadership and insights on best practices.
  • Other duties as assigned and required.


Required Qualifications

  • 10+ years of related business experience with a bachelor's degree or 7+ years related Business experience with a master's degree in product management, product marketing, business strategy, pricing, or related experience.
  • Experience working with Perpetual, Term License, and SaaS business models; including migration to SaaS models.
  • Experience leading pricing in platform software companies combining multiple products, services, and hardware.
  • Experience working with global companies, with both channel and direct go-to-market systems.
  • Deep understanding of pricing principles, methodologies, and best practices in the software industry.
  • Excellent communication and leadership skills with the ability to influence and collaborate across all levels of the organization.
  • A proven history of working across diverse team members to define and implement critical initiatives.
  • Strong analytical skills with proficiency in data analysis and modeling.
  • Analytical thinker with the ability to translate complex concepts into actions.


This position offers a total compensation range of $232,000.00 to $260,000.00 (inclusive of base salary and variable compensation, such as bonuses and incentives). In addition, more information about Imprivata's benefit offerings can be found here. This range represents the high and low end of Imprivata's compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors, such as a candidate's location, skills, experience, and qualifications.
At Imprivata, we have a top-notch work environment, developmental opportunities, a competitive total rewards package, and the desire to have fun. If you have the skills and qualifications as we have described above, we want to hear from you!
Imprivata provides equal employment opportunities, regardless of race, religion, age, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
#LI-Hybrid #LI-ML1

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Technology we use

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An Insider's view of Imprivata

What's the biggest problem your team is solving?

The project I'm most excited about is the verticalization of the SecureLink Business Development team. I am excited to gain insight into untapped industries and getting our product into the hands of companies that need it most!

Jacob

Manager, Sales Development - Commercial

How does the company support your career growth?

Here we have room for growth, whether it is up or lateral. We also have enough people where you can draw off of other people's experiences and learn from them, but you're not lost in this vast expanse of other people. You are not pitted against each other. People actually do help each other out and they're willing to share their knowledge.

Rebecca

Regional Sales Manager

What are Imprivata Perks + Benefits

Imprivata Benefits Overview

Each path through life is unique. Imprivata employees enjoy a range of benefits designed to help them – and their families – stay healthy and financially prepared every step of the way.

From tuition assistance and treadmill desks to company-matched 401(k)s and pet insurance, Imprivata makes it easier for you to reap the rewards of hard work.

Culture
Volunteer in local community
Through Imprivata iCares, team members support initiatives that range from seasonal donation drives to hands-on building projects to long-term youth mentoring partnerships.
Partners with nonprofits
Imprivata partners with nonprofit organizations such as BuildBoston, Metropolitan Ministries, United Way, Crossroad for Kids, and more.
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
Remote work program
Our employees have the option to work 100% remotely, 50% remotely, or 100% from our physical offices located in the United States and internationally.
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
Imprivata's Flexible Spending Account helps employees cover out-of-pocket medical expenses with pre-tax contributions up to the IRS maximum annually.
Disability insurance
Imprivata offers both short-term and long-term disability benefits.
Dental insurance
Imprivata's dental plan covers 100% of the cost of preventative care, including topical fluoride and x-rays.
Vision insurance
Imprivata's vision insurance plan provides 100% coverage for annual eye exams after a $10 copay. Frames are covered up to $150 and contacts are covered up to $130.
Health insurance
Imprivata offers two health insurance plans with BCBS - a traditional PPO plan and a high-deductible health plan.
Life insurance
Pet insurance
Imprivata is offering pet insurance for employees through Nationwide. You can choose to cover dogs and cats, as well as various exotic pets.
Wellness programs
To promote wellness, Imprivata offers walking treadmill desks, financial wellness webinars, nutrition seminars, mental wellbeing initiatives, discounted gym memberships, and more.
Mental health benefits
Financial & Retirement
401(K)
Imprivata's 401(k) retirement plan allows eligible employees to defer from salary pre-tax and/or Roth post-tax savings contributions.
401(K) matching
Imprivata's 401(k) retirement plan provides a discretionary match of 50% up to 6% contributed by the employee; the match occurs in each paycheck.
Company equity
Employee stock purchase plan
Performance bonus
All full-time employees are eligible for the Imprivata bonus plan.
Child Care & Parental Leave
Generous parental leave
Imprivata offers up to 12 weeks of 100% paid parental leave.
Family medical leave
Imprivata offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee eligible under the Family and Medical Leave Act (FMLA).
Company sponsored family events
Vacation + Time Off
Unlimited vacation policy
Paid volunteer time
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
Imprivata employees enjoy quarterly paid team outings, as well as company-wide annual holiday parties and other events, for all employees and a guest.
Free daily meals
Our onsite chefs in our Austin, TX office provide breakfast, lunch, and snacks to employees every day. YUM.
Free snacks and drinks
Imprivata has a fully stocked kitchen in every office, including unlimited snacks, coffee, and more.
Some meals provided
Our HQ in Waltham, MA provides a weekly catered lunch every Wednesday.
Company-sponsored happy hours
Onsite office parking
Imprivata employees don't worry about where they will park -- we have our own lots and garages.
Recreational clubs
Imprivata sponsors office sports leagues year round, including softball, basketball, volleyball, soccer, running, golf and more.
Home-office stipend for remote employees
Imprivata offers home office stipends to all of our employees.
Onsite gym
Professional Development
Job training & conferences
Imprivata offers a wide range of training programs to all employees, including functional bootcamps, in-house professional development, and knowledge sharing sessions.
Tuition reimbursement
Imprivata offers tuition reimbursement for all full-time employees for undergraduate degrees.
Lunch and learns
Imprivata hosts a lunch-and-learn series we call KSS (Knowledge Sharing Sessions), intended to help expand our employees' base of knowledge through informal talks/discussions.
Promote from within
Mentorship program
Continuing education stipend
Imprivata offers tuition reimbursement for all full-time employees for graduate degrees.
Continuing education available during work hours
Imprivata employees take at least one LinkedIn Learning course per quarter, attend monthly Knowledge Sharing Sessions, and have access to the Imprivata Learning Center, iLearn.
Online course subscriptions available
Customized development tracks
Paid industry certifications
Imprivata offers tuition reimbursement for all full-time employees for certification courses.

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