Sr Manager, Product Management and Development - Medicare Advantage

About the role

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, 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: 09/20/2026 Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.