Staff Product Manager - New Initiative

Sword Health is on a mission to free two billion people from pain.With 67% of members achieving a pain-free life and a 70% reduction in surgery intent, at Sword, we are using AI Care to change lives, and save millions for our 25,000+ enterprise clients across three continents. Today, we hold the majority of industry patents, win 70% of competitive evaluations, and have raised more than $400 million from top venture firms like Founders Fund, Sapphire Ventures, General Catalyst, and Khosla Ventures.Recognized as a Forbes Best Startup Employer in 2025, this award highlights our focus on being a destination for the best and brightest talent. Not only have we experienced unprecedented growth since our market debut in 2020, but we’ve also created a remarkable mission and value-driven environment that is loved by our growing team. With a recent valuation of $4 billion, we are in a phase of hyper growth and expansion, and we’re looking for individuals with passion, commitment, and energy to help us scale our global impact.Joining Sword means committing to a set of core values, chief amongst them to “do it for the patients” every day, and to always “deliver more than expected” on behalf of our members and clients.This is an opportunity for you to make a significant difference on a massive scale as you work alongside 1000+ (and growing!) talented colleagues, spanning three continents. Your charge? To help us build a pain-free world, powered by AI, enhanced by people — accessible to all.What you’ll do:Own the New Initiative product strategy, roadmap, and executionDrive the 0→1 journey: from early prototypes to scaled product, always with speed and focusUse AI as the foundation, not an add-on to reinvent how members access carePartner with design, engineering, and clinical leaders to deliver simple, elegant solutions that feel like a personal healthcare assistantDefine success through outcomes: enrollment growth, activation, retention, cost savings, client ROI, and member satisfactionShip fast, experiment constantly, and learn quickly, proving impact every step of the wayLay the groundwork for a New Initiative team that can scale, with the potential to grow into a Group PM or Head of Product roleWhat We’re Looking For:Proven expertise: 8+ years in product management with a strong track record of building and scaling products, ideally with 0→1 experience in high-growth environmentsOutcome orientation: Relentless focus on results, with fluency in KPIs like activation, enrollment, cost savings, and retentionAI fluency: Practical understanding of how AI products are built and how they replace human-heavy workflowsBias for action: Thrives in ambiguity, makes decisions fast, and validates assumptions earlyStrategic leadership: Ability to act like a mini-CEO, setting vision, aligning stakeholders, and driving execution end-to-endProduct craft: Mastery of discovery, lean development, and simplifying complex problems into intuitive experiencesCollaboration & influence: Strong communication skills to rally engineering, design, growth, and clinical teams around shared goalsPortugal - Sword Benefits & Perks: Health, dental and vision insurance Meal allowance Equity shares Remote work allowance Flexible working hours Work from home Discretionary vacation Snacks and beverages English classNote: Please note that this position does not offer relocation assistance. Candidates must possess a valid EU visa and be based in Portugal.Sword Health complies with applicable Federal and State civil rights laws and does not discriminate on the basis of Age, Ancestry, Color, Citizenship, Gender, Gender expression, Gender identity, Gender information, Marital status, Medical condition, National origin, Physical or mental disability, Pregnancy, Race, Religion, Caste, Sexual orientation, and Veteran status.These compensation bands are just the starting point. Once someone joins and proves they’re outlier talent, we adjust quickly to ensure their compensation aligns with their impact.Our job titles may span more than one career level. Actual pay is determined by skills, qualifications, experience, location, market demand, and other factors. Compensation details listed in this posting reflect the base salary and any potential variable, bonus or sales incentives, and the Company’s estimation of the value of private company stock options, if applicable. The pay range is subject to change, future value of company stock options is not guaranteed, and compensation may be modified in the future. In addition to our total compensation, Sword offers a number of benefits as listed below.