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Commercial Product Specialist II, Group and Level Funded

Job in Hopkins, Hennepin County, Minnesota, 55305, USA
Listing for: Medica
Full Time, Part Time, Seasonal/Temporary position
Listed on 2026-01-25
Job specializations:
  • Business
    Financial Analyst, Data Analyst
Salary/Wage Range or Industry Benchmark: 49800 - 85300 USD Yearly USD 49800.00 85300.00 YEAR
Job Description & How to Apply Below
Position: Commercial Product Specialist II, Small Group and Level Funded

Commercial Product Specialist II, Small Group and Level Funded

Medica is a nonprofit health plan serving communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for. Our mission is to be there in the moments that matter most for our members and employees.

Job Overview

As a Commercial Product Specialist II, Small Group and Level Funded, you will collaborate with the Commercial Product team and internal departments on the development and deployment of new and existing Small Group and Level Funded products. Your work will support product analysis, implementation activities, research product/program challenges, and identify trends for a 3-5 year roadmap.

Key Accountabilities
  • Collaborate with Underwriting, Actuary, Legal, and Regulatory teams during the product life cycle
  • Develop training materials for brokers and sales teams
  • Maintain and update product grids
  • Engage with functional and matrix partners (Regulatory, Legal, Sales, Product, Marketing)
  • Enhance product performance and support growth goals
  • Review customization requests related to product design
  • Conduct market segment research
  • Monitor trends using internal and external resources
  • Assist with gathering and executing product requirements
  • Partner with Underwriting and Actuary teams for rating and pricing
  • Consider overall customer experience and product performance
  • Collaborate with Product Managers to provide recommendations
  • Support other product segments as needed (Fully Insured, Self-funded)
  • Perform other duties as assigned
  • Work collaboratively and communicate effectively with the product team
  • Identify process improvements
  • Develop templates, workflows, and process documentation
Required Qualifications
  • Bachelor's degree or equivalent experience in a related field
  • 3+ years of related experience beyond the degree
Preferred Qualifications
  • Knowledge of Small Group actuarial values, ACA and CMS guidelines, and products
  • Understanding of Level Funded cost structure and products
  • Understanding of the overall customer experience and product performance lifecycle
  • Ability to support other product segments
  • Ability to perform tactical execution, identify areas of process improvement, and streamline processes
  • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
  • Detail-oriented
  • Strong interpersonal and communication skills
  • Ability to manage competing priorities and meet tight deadlines
  • Independent, self-driven professional
Location and Work Arrangements

This is an office role that requires onsite work, on average, 3 days per week. Candidates located near Minnetonka, MN;
Madison, WI;
Omaha, NE; or St. Louis, MO are preferred.

Compensation and Benefits

Salary range: $49,800 – $85,300 annually. Typical hiring range: $49,800 - $71,100.

Benefits include competitive medical, dental, vision, PTO, holidays, paid volunteer time off, 401(k) contributions, caregiver services, and more.

Employment Information

Seniority Level: Mid-Senior level

Employment Type:

Full-time

Job Function:
Management and Manufacturing

Industries:
Insurance

Eligibility

Medica does not sponsor work visas for this role. Applicants must be authorized to work in the U.S.

EEO Statement

We are an Equal Opportunity employer; all qualified candidates receive consideration irrespective of protected characteristics.

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