Product Manager III

About the position

Medica's Product Manager III is responsible for developing and managing self-funded health plan products by overseeing market research and regulatory requirements, defining product requirements/features, designing the overall customer experience and managing the product performance life cycle.

Responsibilities

• Research and analyze competitor offerings to evaluate market positioning, strengths and weaknesses, in relation to Medica's commercial self-funded products
• Partner with sales and account management to gather and interpret customer feedback, needs and pain points, providing valuable input for product development and decision-making
• Collaborate with product director and product operations to prioritize, advance and execute product lifecycle activities that facilitate enhancements to the self-funded products
• Perform other duties as assigned, demonstrating flexibility and adaptability in contributing to the overall success of the commercial markets division and the organization

Requirements

• Bachelor's degree or equivalent combination of education and related work experience
• 5+ years of work experience beyond degree
• Healthcare experience required; health plan and self-funded/stop loss product knowledge

Nice-to-haves

• Demonstrated experience building strong, key stakeholder relationships to work effectively together to deliver successful outcomes
• Understanding of Stop-Loss contracts and underwriting
• Ability to provide direction to staff and lead projects
• PBM, contracting, or regulatory experience is desirable
• Experience in market and competitive analysis, preferably in the healthcare industry
• Strong analytical skills and ability to translate data and information into actionable insights
• Excellent communication and collaboration skills to work effectively in a matrixed environment

Benefits

• Competitive medical, dental, vision
• PTO
• Holidays
• Paid volunteer time off
• 401K contributions
• Caregiver services