Sr Manager, Product Management and Development - Medicare Advantage

CVS Health; Scottsdale (AZ); Hybrid; USD 75,000 - 199,000; Full time

Benefits offered by this job

Benefits package

Job summary

CVS Health in Scottsdale seeks a Senior Manager, Product Strategy for Medicare Advantage. You will guide strategic initiatives, align with CMS requirements, and drive growth and differentiation in MA offerings across markets.

The role requires 3-5 years MA product experience, strong analytical and presentation skills, and collaboration across sales, actuarial, and other teams. Hybrid work 2-3 days in-office.

Qualifications

• 3-5 years of Medicare Advantage product experience.
• Experience working cross-functionally within a matrixed health plan.
• 3+ years developing product strategies with competitive data.
• Experience driving cost containment strategies.
• Strong analytical skills with plan benefit data.
• Experience developing product content/PPT and leadership presentations.
• Outstanding verbal and written communication skills.

Responsibilities

• Act as SME within Product Management and Development to complete complex analytics.
• Interpret legislative, competitive and industry issues to propose new products or enhancements.
• Develop product requirements and roadmaps incorporating customer feedback.
• Collaborate cross-functionally to generate new product ideas based on customer input.
• Plan and decommission underperforming products with proactive customer impact plans.
• Lead national and local product strategy guidance and standards.
• Analyze market trends and competitive positioning.

Skills

Medicare Advantage

Cross-functional collaboration

Product strategy

Cost containment

Analytics

Presentations

Communication skills

Education

Bachelor's degree

Tools

PowerPoint

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 ourselvesaccountable 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

TheSeniorManagerProduct Strategy, Medicare Advantageis responsible forthe supportanddevelopmentin theexecution ofstrategic initiatives that drive growth,profitabilityand competitive differentiation within the Medicare Advantage (MA) product portfolioin their assigned market(s). This role bridges market intelligence, product innovation, financialperformanceand regulatory compliance to ensure the organization delivers high-quality, member centered health plans aligned with businessobjectivesand evolving CMS requirements.

As a SeniorManagerinProduct Strategy this role will:

• Provideexpertiseand thought leadership, contributing to strategic planning,localmarket research, and cross-functional collaboration.

• Drive innovation, evaluate performance, andensuresregulatory 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

TheSeniorManagerofProduct Strategy,willlead product strategy initiatives and act as the mainpoint of contactfor the Product Strategy teamfor their assigned market(s)and other functional areas(sales,actuary, etc.) (20%)

• Act as a subject matter expert within the Product Management and Development department,utilizingfunctional and working knowledge to complete complexanalyticsin the department.

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

Ensureportfolio managementguidancefor the IVL Product organizationis incorporated at a market level; developing,refiningand executing on national as well as market focused product guidance and standards (30%)

• Develop product requirements and roadmaps andincorporatesfeedback 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.

Execute national and local product strategy guidance and standard (20%)

• Supports development oflong-term vision and strategy for the company products, communicating new strategies with relevant stakeholders to effectivelydisseminateproject plans.

Analyze market trends and competitive positioning (15%)

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

• First Looks (high level pre- AEP release)

• MacVat(post 10/1 full benefits)

SupportAd Hoc special projects(15%)

Required Qualifications

• 3 -5 years of Medicare Advantage product experience

• Previousexperience 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.

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.

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: 11/27/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.