Sr Manager, Product Management and Development - Medicare Advantage

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

The Senior Manager Product Strategy, Medicare Advantage is responsible for the support and  development in the execution of strategic initiatives that drive growth, profitability and competitive differentiation within the Medicare Advantage (MA) product portfolio in their assigned market(s). This role bridges market intelligence, product innovation, financial performance and regulatory compliance to ensure the organization delivers high-quality, member centered health plans aligned with business objectives and evolving CMS requirements. 

• Provide expertise and thought leadership, contributing to strategic planning, local market research, and cross-functional collaboration. 

• Drive innovation, evaluate performance, and ensures regulatory compliance, playing a pivotal role in guiding the organization's growth and success. 

• Support development of the product portfolio,  

• Conduct market analysis and drive new product development.  

• Act as a subject matter expert within the Product Management and Development department, utilizing functional and working knowledge to complete complex analytics in the department. 

• Interprets legislative, competitive and industry issues to recommend new products or product enhancements. 

• Develop product requirements and roadmaps and incorporates feedback from customers into the product strategy. 

• Collaborates cross-functionally to generate new product ideas based on customer input, extradepartmental studies and findings, and industry trends 

• Plans and outlines decommissioning of underperforming products or features with a proactive communication plan inclusive of customer impact and potential alternatives. 

• Supports development of long-term vision and strategy for the company products, communicating new strategies with relevant stakeholders to effectively disseminate project plans. 

• Gather and evaluate market and industry insights related to competitors’ benefit design, identify trends and strategic opportunities. 

• First Looks (high level pre- AEP release) 

• MacVat (post 10/1 full benefits) 

• 3 - 5 years of Medicare Advantage product experience 

• Previous experience working cross functionally within a highly matrixed health plan 

• 3 plus years developing product strategies, 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/ PPT and strong leadership presentation ability 

• Outstanding verbal and written communication skills 

Bachelor’s degree or equivalent relevant experience 

The typical pay range for this role is: