Product Development Manager (Medicaid) - REMOTE

$142,000 - $142,000/Yr

Molina Healthcare - Louisville, KY

Full-time - Mid Level

Remote - Louisville, KY

Insurance Carriers and Related Activities

About the position

The Product Development Manager (Medicaid) at Molina Healthcare is a pivotal role responsible for the strategic development and management of health insurance products. This position involves creating comprehensive plans and strategies that align with Molina's business development goals and operational enhancements. The manager will oversee internal business projects and programs, collaborating with cross-functional teams of subject matter experts to ensure the successful delivery of products from the design phase to completion. This role requires a keen focus on project management, including planning and directing schedules and budgets, while also monitoring product performance throughout its lifecycle. In this role, the Product Development Manager will work closely with product leadership to foster collaboration across various departments, integrating innovations and solutions into cohesive corporate-wide products. The manager will conduct competitive gap analyses to identify weaknesses in current product offerings and escalate findings to leadership for strategic decision-making. Additionally, the manager will participate in the formulation of health insurance product strategies and roadmaps, informed by thorough analyses of the Patient Protection and Affordable Care Act (PPACA), market requirements, and consumer benefits. The position also entails engaging with external vendors, focusing on process improvements, and managing organizational change. The manager will lead a team in executing business programs, serving as a subject matter expert in the functional area, and ensuring that critical needs are met. Responsibilities include vetting potential partners, assisting with contracting and onboarding, and providing operational leaders with recommendations for process enhancements. Furthermore, the manager will be responsible for creating product collateral, training materials, and marketing content to support product development initiatives, as well as generating and distributing standard reports on a scheduled basis.

Responsibilities

• Develop and implement plans and strategies for health insurance products.
• Manage internal business projects and programs involving cross-functional teams.
• Monitor product performance from inception through delivery.
• Conduct competitive gap analysis to identify weaknesses in product offerings.
• Participate in the development of health insurance product strategy and roadmap.
• Assist with growth and business development solutioning activities.
• Plan and direct project schedules and budgets.
• Engage and oversee the work of external vendors as needed.
• Focus on process improvement and organizational change management.
• Lead and manage a team in planning and executing business programs.
• Serve as the subject matter expert in the functional area.
• Manage the vetting of potential partners and assist with contracting.
• Provide recommendations on process improvements to operational leaders.
• Create product collateral, training, and marketing materials.
• Generate and distribute standard reports on schedule.

Requirements

• Bachelor's degree in a relevant field (e.g., Business Administration, Healthcare Management).
• 5+ years of experience in product development or management within the healthcare industry.
• Strong understanding of health insurance products and Medicaid regulations.
• Proven project management skills with experience in managing cross-functional teams.
• Excellent analytical skills with the ability to conduct competitive gap analysis.
• Strong communication and collaboration skills to work effectively across departments.
• Experience in managing budgets and project schedules.
• Ability to engage with external vendors and manage partnerships.

Nice-to-haves

• Master's degree in Business Administration or Healthcare Management.
• Experience with the Patient Protection and Affordable Care Act (PPACA).
• Familiarity with process improvement methodologies (e.g., Lean, Six Sigma).
• Previous experience in a leadership role within product development.

Benefits

• Health insurance coverage
• 401k retirement savings plan
• Paid time off
• Flexible work hours
• Professional development opportunities
• Employee discount programs