Medicare Product Manager

Medica • Minnetonka, MN

22d • $78,700 - $134,900 • Hybrid

About The Position

Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for. We're a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration — because success is a team sport. It's our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued. Medica's Medicare Product Manager is responsible for developing, implementing, and managing a portfolio of Medicare products/programs. Develops and manages competitive offerings by overseeing market research and regulatory requirements, defining product requirements/features, designing the overall customer experience, and managing the product performance life cycle to support growth and retention. Identifies critical topics for Medicare product strategy and assists in leading efforts to drive decision-making, bringing clarity to sometimes ambiguous situations. May interact with regulatory bodies. Other duties as assigned.

Requirements

• Bachelor's degree or equivalent experience in related field
• 5 years of related work experience beyond degree
• Experience managing or working with Medicare products
• Knowledge of all Medicare plan types including Medicare Supplement plan
• Microsoft Office (Excel, Word, PowerPoint, etc.)
• Strong analytical skills
• Self-starter
• Ability to learn new systems quickly
• Ability to collaborate with internal partners and external vendors
• Detail orientated, strong organization skills, and ability to meet deadlines
• Ability to quickly adapt to change and work independently

Nice To Haves

• Experience with Medicare Supplement plans, managing rate increases and working with a third-party administrator
• Strong project management skills facilitating meetings, managing workplans and deliverables

Responsibilities

• Serve as the business owner for the Medicare Supplement product segment, providing strategic direction, performance oversight, and ongoing product stewardship (benefit SME)
• Partner closely with the third‑party administrator (TPA) to ensure high‑quality, efficient operations, accurate plan administration, compliance with state regulatory requirements, and a seamless member experience
• Support annual and multi‑year product planning cycles, including product designs, pricing/rate renewals, and value proposition development
• Monitor CMS and state regulatory changes and market trends to ensure products remain compliant, competitive, and aligned with organizational strategy
• Assist with annual product readiness, material reviews and trainings to internal operational departments
• Participate in peer review of mandated and marketing documents (EOC, ANOC, SB, sales brochures, etc.)
• Perform ongoing market competitive analyses, researching and analyzing Medicare market trends and monitor local market competitors and make recommendations for product improvements to enhance product value and differentiation
• Facilitate cross-functional meetings with internal and external stakeholders
• May support annual bid cycle, quality reviews and CMS PBP submissions

Benefits

• Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level