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340B Health

Senior Product Manager, Medicare Product Development

340B Health, Los Angeles, California, United States, 90079

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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: $105,700 - 234,500/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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