Product Manager III - Medicare Advantage

Health insurance that's with you, every step of the way.•Minnetonka, MN

4d•Hybrid

About The Position

Medica is a nonprofit health plan serving more than a million members in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. The Product Manager III assists with developing, implementing, and managing the Medicare Advantage product portfolio. The role helps maintain accurate member materials and product information across pricing, CMS bid submissions, and system configuration; supports year-round operational readiness as a resource on product intent; and conducts competitor analysis and monitors regulatory developments. Other duties may be assigned. This is an office role requiring onsite work an average of three days per week. Candidates may be located near the Minnetonka, Minnesota; Madison, Wisconsin; St. Louis, Missouri; or Omaha, Nebraska office. The full salary grade is $78,700–$134,900, and the typical hiring salary range is $78,700–$118,020. Salary placement depends on factors including education, work experience, certifications or licensure, role scope and responsibility, internal pay equity, and external market salary data. Medica does not offer work visa sponsorship; candidates must be legally authorized to work in the United States at the time of application.

Requirements

Bachelor's degree or equivalent experience in a related field.
At least 5 years of work experience beyond the degree.
At least 2 years of experience working with Medicare Advantage plans.
Excellent materials review skills and high-level attention to detail.

Nice To Haves

Experience working with the CMS bid cycle and CMS Health Plan Management System (HPMS) software.
Operational experience in a health plan.
Experience conducting competitive analysis.
Experience analyzing, summarizing, and presenting business reports to organizational leaders and regulatory officials.
Excellent organizational skills and a proven ability to manage projects from kickoff to implementation.
Excellent interpersonal communication skills and a proven ability to establish and maintain strong relationships at multiple organizational levels.
Ability to adapt quickly to change and work independently.

Responsibilities

Lead the Product team review process for required and non-required materials, ensuring benefit information is clear, accurate, and delivered on schedule.
Coordinate material reviews with Government Document Production and Marketing.
Maintain accurate Medicare Advantage product information in source-of-truth documents and support consistent interpretation and implementation of plan benefits and understanding of product intent.
Assist with completing Plan Benefit Package (PBP) software responses for the annual CMS bid submission through the Health Plan Management System (HPMS), and understand PBP category definitions.
Support year-round operational readiness and serve as a liaison and subject matter expert for key operational functions.
Assist with vendor implementation and ongoing management activities.
Represent Medicare Advantage Product on cross-functional workgroups.
Conduct competitor analysis, collect competitor materials, and assemble competitive reports and analyses to inform product strategy and annual benefit decisions.
Monitor regulatory developments.