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. 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    develop ment   in the   executi on 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 regula tory 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     The   Senior   Manager   of   Product Strategy ,   will   lead product strategy initiatives and act as the main   point of contact   for the Product Strategy team   for their assigned market(s)   and other functional a reas   ( sales,   actuary, etc.) (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.     Execute national and local product strategy guidance and standard (20%)   • Supports development of   long-term vision and strategy for the company products, communicating new strategies with relevant stakeholders to effectively   disseminate   project plans.     Analyze market trends and competitive positioning (15%)   • 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, w