Sr Manager, Product Management and Development - Medicare Advantage

CVS Health Corporation; New York, Northern (NY, KY); Hybrid; USD 75,000 - 199,000; Full time

Job summary

CVS Health Corporation in New York (hybrid role) is seeking a Senior Manager Product Strategy, Medicare Advantage to lead strategic initiatives for the MA portfolio. You will work with market intelligence, product innovation, and regulatory compliance to deliver member-centered health plans aligned with CMS requirements.

Responsibilities include cross-functional collaboration, developing product roadmaps, and evaluating performance against market trends.

Qualifications

• 3-5 years of Medicare Advantage product experience.
• Cross-functional experience in a matrixed health plan.
• 3+ years developing product strategies with competitive data.
• Experience driving cost containment strategies.
• Strong analytical skills with plan benefit data sets.
• Able to develop product content/PPT and present to leadership.
• Outstanding verbal and written communication skills.

Responsibilities

• Act as SME within Product Management; perform complex analytics.
• Develop product requirements and roadmaps; incorporate customer feedback.
• Execute national and local product strategy guidance.
• Analyze market trends and competitive positioning.
• Support ad hoc special projects.

Skills

MA product experience

Cross-functional work

Product strategy

Cost containment

Data analysis

Presentations

Verbal & written communication

Education

Bachelor's degree

Job 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 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. 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.

Position Summary

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. As a Senior Manager in Product Strategy this role will: 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.

Primary responsibilities

• (20%) 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. 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
• (30%) 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.
• (20%) Execute national and local product strategy guidance and standard
• (15%) Analyze market trends and competitive positioning 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)
• Support Ad Hoc special projects (15%)

Required Qualifications

• 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

Education

Bachelor's degree or equivalent relevant experience.

Pay Range

The typical pay range for this role is: $75,400.00 - $199,144.00 This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families. 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. Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 09/20/2026 Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Our people fuel our future.

Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people.

Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.