Description
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 colleagues who care deeply, innovate with purpose, hold themselves accountable and prioritize safety and quality in everything they do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
This is a hybrid role requiring working 2-3 days a week from the office. Candidates must reside within a 25 mile radius of a CVS Health office.
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.
Key Responsibilities:
- Provide expertise and thought leadership, contributing to strategic planning, local market research, and cross-functional collaboration.
- Drive innovation, evaluate performance, and ensure 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.
- Interpret legislative, competitive and industry issues to recommend new products or product enhancements.
- Ensure portfolio management guidance for the IVL Product organization is incorporated at a market level; developing, refining and executing on national as well as market-focused product guidance and standards.
- Develop product requirements and roadmaps and incorporates feedback from customers into the product strategy.
- Collaborate cross-functionally to generate new product ideas based on customer input, extra-departmental studies and findings, and industry trends.
- Plan and outline decommissioning of underperforming products or features with a proactive communication plan inclusive of customer impact and potential alternatives.
- Execute national and local product strategy guidance and standards.
- Analyze market trends and competitive positioning.
- Gather and evaluate market and industry insights related to competitors' benefit design, identify trends and strategic opportunities.
Requirements:
- 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
Pay Range: $75,400.00 - $199,144.00
Benefits: This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.