Sr Manager, Product Management and Development - Medicare Advantage

CVS Health•New York, NE

1d•$75,400 - $199,144

About The Position

The Senior Manager of Product Strategy, Medicare Advantage supports the development and execution of strategic initiatives that drive growth, profitability, and competitive differentiation within the Medicare Advantage product portfolio in assigned markets. The role bridges market intelligence, product innovation, financial performance, and regulatory compliance to help deliver high-quality, member-centered health plans aligned with business objectives and evolving CMS requirements. The position provides expertise and thought leadership for strategic planning, local market research, and cross-functional collaboration. It supports product portfolio development, conducts market analysis, contributes to new product development, evaluates performance, and helps ensure regulatory compliance. The Senior Manager serves as the Product Strategy team’s main point of contact for assigned markets and other functional areas, and acts as a subject matter expert within Product Management and Development. The role develops product requirements and roadmaps, incorporates customer feedback into product strategy, and collaborates across functions to generate product ideas informed by customer input, studies, and industry trends. It also supports national and local product strategy guidance, analyzes competitive positioning and market trends, plans communications for decommissioning underperforming products or features, and contributes to ad hoc projects.

Requirements

3–5 years of Medicare Advantage product experience.
Previous experience working cross-functionally within a highly matrixed health plan.
3 or more years developing product strategies and working with competitive data and cross-functional partners.
Experience driving and contributing to cost containment strategies.
Strong analytical skills and experience working with plan benefit data sets.
Experience developing product content and PowerPoint presentations, with strong leadership presentation ability.
Outstanding verbal and written communication skills.
Bachelor’s degree or equivalent relevant experience.

Responsibilities

Lead product strategy initiatives and serve as the Product Strategy team’s main point of contact for assigned markets and other functional areas, including sales and actuarial teams.
Act as a subject matter expert within Product Management and Development, using functional and working knowledge to complete complex analytics.
Interpret legislative, competitive, and industry issues and recommend new products or product enhancements.
Incorporate portfolio management guidance for the IVL Product organization at the market level, and develop, refine, and execute national and market-focused product guidance and standards.
Develop product requirements and roadmaps and incorporate customer feedback into product strategy.
Collaborate cross-functionally to generate product ideas based on customer input, studies and findings from other departments, and industry trends.
Plan the decommissioning of underperforming products or features, including proactive communications addressing customer impact and potential alternatives.
Execute national and local product strategy guidance and standards.
Support development of long-term product vision and strategy and communicate new strategies and project plans to relevant stakeholders.
Analyze market trends and competitive positioning, including competitors’ benefit designs, and identify trends and strategic opportunities.
Review First Looks (high-level pre-AEP release) and MacVat (post-10/1 full benefits).
Support ad hoc special projects.