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Senior Product Manager, Medicare Product Development

Job in Los Angeles, Los Angeles County, California, 90079, USA
Listing for: 340B Health
Full Time position
Listed on 2026-02-01
Job specializations:
  • Healthcare
  • Business
Salary/Wage Range or Industry Benchmark: 105000 USD Yearly USD 105000.00 YEAR
Job Description & How to Apply Below

Description

We’re seeking a strategic Senior Product Manager to lead the design, development, and implementation of our Medicare Advantage products. In this role, you’ll partner with the Director of Medicare Product Development and Bids to guide the annual bid process, drive cross-functional initiatives, and ensure product accuracy and compliance throughout the member lifecycle.

Key Responsibilities
  • Lead end-to-end Medicare Advantage product development.
  • Support and help manage the annual bid process.
  • Ensure products meet CMS requirements and organizational goals.
  • Collaborate with actuarial, compliance, operations, and other key teams.
  • Translate regulatory changes and market insights into product strategy.

Salary Range: $105,/annually

Qualifications

We’re seeking a talented individual with:

Required
  • A Bachelor’s degree and/or equivalent experience
  • Eight or more years of progressive experience in Medicare Advantage product management, product development or related leadership roles within a health plan
  • Expert- level knowledge of Medicare Advantage product management and product development within a health plan environment
  • Comprehensive understanding of CMS bid submission and Plan Benefit Package (PBP) entry processes to ensure full compliance and accuracy
  • Advanced knowledge of CMS regulations, model materials, and bid development procedures, integrating them into product strategy and compliance efforts
  • Leads complex, cross-functional implementation and product readiness initiatives that support successful launches and operational alignment
  • Excels in organizational and project management, effectively balancing multiple complex deadlines
  • Communicates complex concepts clearly through strong written, verbal, and presentation skills tailored to diverse audiences
  • Proficient in Microsoft Office Suite (Excel, PowerPoint, Word) and data reporting tools
Preferred
  • MBA or MPH
  • Project Management Professional (PMP) Certification
  • Collaborates effectively across departments, influencing outcomes and building consensus without direct authority
  • Understands managed care operations, benefit configuration, and full product life cycle management
  • Applies knowledge of actuarial principles, medical cost drivers, and financial performance metrics to support product and pricing decisions
  • Anticipates challenges and mitigates risks in managing CMS deliverables through proactive planning
  • Leverages familiarity with Star Ratings, competitive market trends, and Medicare benefit design strategies to inform product innovation and competitiveness
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Position Requirements
10+ Years work experience
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