Blue Cross and Blue Shield Association

Medicare Product Development Lead

Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BS in Healthcare, Business Administration, Public Health, or related field; or equivalent experience
  • 7+ years in healthcare product development, Medicare management, or health plan operations
  • Proficient knowledge of Medicare Advantage and Part D regulations
  • Strong analytical skills for data and performance analysis
  • Excellent communication and presentation skills
  • Experience managing multiple projects in a regulated setting

Responsibilities

  • Lead benefit design decisions balancing member value and competitive positioning
  • Own the product roadmap for CMS bids and regulatory compliance
  • Support go-to-market strategies and Plan engagement
  • Contribute to broader MA program strategies across functional partners
  • Act as a liaison across MA functions, stakeholders, and forums

Benefits

  • Hybrid work model allowing flexibility
  • Opportunity to collaborate with cross-functional teams
  • Engagement in strategic decision-making for Medicare products
  • Professional development opportunities in the Medicare space
Full Job Description
Job Description Summary:

This role operates as a strategic resource across the Medicare Advantage (MA) function, bringing analytical depth, competitive intelligence, and cross-functional coordination to advance enterprise Medicare product objectives. This position will address the highest-priority needs of the MA program and strategy across CMS/regulatory, pricing and financial modeling, product, formulary, network, Stars/Quality strategy in addition to broader programmatic execution. The Lead Consultant independently conducts market and performance analysis, develops strategic recommendations, and coordinates across functional partners to ensure cohesive, insight-driven execution. This position collaborates with Compliance, Legal, Actuarial, Clinical, Network, Sales, and Operations teams and serves as a connective resource across the MA function to advance both near-term deliverables and longer-term strategic initiatives.

Responsibilities include but are not limited to:

  • Lead benefit design decisions across core and supplemental benefit categories, balancing member value, competitive positioning, and margin targets. Reviews competitive intelligence, translate population health insights and utilization data into benefit configurations that differentiate the MA EGWP offering. Partner with actuarial to review benefit cost assumptions against enrollment and risk score scenarios. Drive strategic framing of pricing decisions driving financial modeling to support product decisions.
  • Ownership of product roadmap towards CMS bid cycles, other regulatory contract requirements and internal governance timelines. Supports synthesis of regulatory guidance, sub-regulatory memos, and policy developments, recommending strategic implications and product strategy adjustments for team consideration.
  • Supports go-to-market strategy support and Plan engagement coordination across the MA function. Develops strategic materials and analytical frameworks to support compliant member-facing and broker-facing program execution in partnership with Sales and Field Services. Coordinates with Plan partners on engagement activities, distribution strategy, and training support. Monitors go-to-market performance indicators and recommends strategic adjustments to improve market penetration, member acquisition, and retention outcomes.
  • Supports broader MA program strategy including Part D formulary strategy, network strategy and Stars/Quality strategy with cross functional partners.
  • Serves as a connective resource across the MA organization, coordinating with functional leaders, Plan partners, and enterprise stakeholders to advance cross-cutting priorities. Represents the Medicare product function in working groups, advisory forums, and stakeholder discussions, bringing analytical perspectives and strategic context. Builds and maintains effective relationships across the broader BCBSA Medicare ecosystem to support integrated, enterprise-aligned program execution.

The posting range for this position is:

129,959.06 - 175,749.89

Required Education, Certifications and Experience:


Education:

  • Required BS in Healthcare, Business Administration, Public Health, or related field; or equivalent experience

Experience:

  • Required 7+ Years Experience in healthcare product development, Medicare product management, or health plan operations, with a track record of independent execution and cross-functional coordination.


Knowledge Skills and Abilities*:

  • Proficient knowledge of Medicare Advantage and Part D benefit design, CMS regulatory requirements, and the annual bid cycle process (HPMS submissions, benefit package configuration, regulatory review).
  • Demonstrated ability to independently execute complex work streams, coordinate across multiple functions, and manage concurrent deliverables in a regulated environment.
  • Strong analytical skills with ability to interpret utilization data, competitive benchmarking, and quality/Stars metrics to drive benefit enhancement decisions.
  • Strong written, oral communication, and presentation skills; ability to develop clear analytical materials and represent workstream findings to senior stakeholders.
  • Proficiency in Microsoft Office (Word, Excel, PowerPoint); familiarity with project management tools and data visualization platforms.
  • Effective stakeholder coordination and relationship-building skills with the ability to collaborate across Legal, Compliance, Actuarial, Clinical, and Operations functions.
  • Understanding of FEHBP program structure and applicable regulatory requirements as they relate to MA EGWP product design and administration preferred.


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About Blue Cross and Blue Shield Association

The Blue Cross Blue Shield Association (BCBSA) is a federation of 36 separate United States health insurance companies that provide health insurance in the United States to more than 106 million people. It was formed in 1982 from the merger of its two namesake organizations: Blue Cross was founded in 1929 and became the Blue Cross Association in 1960, while Blue Shield emerged in 1939 and the Blue Shield Association was created in 1948. The Blue Cross Blue Shield Association is headquartered in Chicago and has offices in Washington, D.C. The association provides health insurance products and services to more than 106 million Americans.
Learn more about Blue Cross and Blue Shield Association
Size
1,000 employees
Industry
Founded
1929

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