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Product Manager Risk Adjustment Jobs (NOW HIRING)

The Manager of Risk Management is also responsible for analysis, projections, and assessment of Medicare revenue initiatives for senior products; leading and coordinating enterprise risk adjustment ...

OVERVIEW OF POSITION The Program Manager, Risk Adjustment & Stars, serves as the connective link between Alpine's technical teams (coding, data, analytics, IT) and its operational and business ...

Risk Adjustment Director

Scotts Valley, CA · On-site

$96.15 - $120.19/hr

Formulate and manage the Risk Adjustment Department's operational budget. * Oversee Medicare DSNP Risk Adjustment strategy and execution. * Directly support key operational initiatives to ensure ...

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Product Manager Risk Adjustment information

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$51.5K

$159.4K

$197K

How much do product manager risk adjustment jobs pay per year?

As of Sep 13, 2026, the average yearly pay for product manager risk adjustment in the United States is $159,405.00, according to ZipRecruiter salary data. Most workers in this role earn between $141,000.00 and $197,000.00 per year, depending on experience, location, and employer.

What is a product manager risk adjustment?

A Product Manager Risk Adjustment is a professional responsible for overseeing products and solutions related to risk adjustment in healthcare, particularly for insurance and value-based care programs. They coordinate the development, implementation, and optimization of tools that help healthcare organizations accurately capture patient risk and ensure proper reimbursement. This role involves working with cross-functional teams, analyzing data, and staying compliant with regulatory requirements. Product Managers in this field play a crucial role in aligning company offerings with evolving healthcare policies and payer requirements.

How does a product manager risk adjustment typically collaborate with clinical and technical teams to improve product outcomes?

As a Product Manager for Risk Adjustment, you will often serve as a bridge between clinical experts, data analysts, and engineering teams. You'll facilitate regular meetings to align on priorities, clarify requirements, and translate complex healthcare regulations into actionable product features. Effective collaboration requires strong communication skills and the ability to manage input from multiple stakeholders, ensuring that risk adjustment solutions are both compliant and user-friendly. This cross-functional teamwork is critical for delivering products that accurately capture patient risk and support organizational objectives.

What are the key skills and qualifications needed to thrive as a product manager risk adjustment, and why are they important?

To thrive as a Product Manager Risk Adjustment, you need a solid understanding of healthcare risk adjustment methodologies, data analysis, and product lifecycle management, usually supported by a degree in business, healthcare, or a related field. Familiarity with risk adjustment software, data analytics tools like SQL or Tableau, and knowledge of CMS guidelines or HCC coding is highly valuable. Strong communication, problem-solving, and cross-functional collaboration skills help you bridge the gap between technical teams and business stakeholders. These competencies enable you to develop effective risk adjustment solutions that ensure regulatory compliance and drive organizational success in the evolving healthcare landscape.

What is the difference between Product Manager Risk Adjustment vs Product Manager Healthcare Data?

AspectProduct Manager Risk AdjustmentProduct Manager Healthcare Data
Required CredentialsHealthcare certifications, data analysis skillsData analysis, healthcare informatics certifications
Work EnvironmentInsurance companies, healthcare plansHealthcare providers, health tech companies
Employer & Industry UsageFocus on risk models, reimbursement accuracyFocus on data management, analytics

Product Manager Risk Adjustment primarily concentrates on developing and managing models to accurately predict healthcare costs for reimbursement, often within insurance companies. In contrast, Product Manager Healthcare Data focuses on managing healthcare data systems and analytics to improve patient outcomes and operational efficiency. While both roles require healthcare knowledge and data skills, their core objectives and work environments differ significantly.

What are popular job titles related to Product Manager Risk Adjustment jobs?

For Product Manager Risk Adjustment jobs, the most frequently searched job titles are:

Infographic showing various Product Manager Risk Adjustment job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 85% Physical, 2% Hybrid, and 13% Remote job distribution, with an average salary of $159,405 per year, or $76.6 per hour.

Manager, Risk Adjustment

Worcester, MA • On-site

Full-time

Re-posted 29 days ago


Job description

Description:

Mass Advantage is a Medicare Advantage health plan, located in the heart of Worcester County, headquartered in Worcester MA. Mass Advantage is owned and designed by UMass Memorial Health providers with their patients’ needs in mind.


We are looking for a Manager of Risk Managment to oversee Mass Advantages's full suite of Risk Adjustment activities. This position is responsible for the strategy, execution and performance of Medicare risk adjustment programs, infrastructure and systems to meet business objectives, revenue expectations, management of external vendors, interaction with Providers, regulatory audits, and compliance with CMS regulations. The Manager of Risk Management is also responsible for analysis, projections, and assessment of Medicare revenue initiatives for senior products; leading and coordinating enterprise risk adjustment initiatives, working with the necessary areas of Mass Advantage and UMass Memorial Health Operations as well as vendor partners.


Essential Duties and Responsibilities:

Program Strategy & Execution

  • Own end-to-end RA strategy across prospective (point-of-care capture, suspecting, provider workflows) and retrospective (chart review, coding validation) programs, ensuring complete, accurate, and compliant HCC documentation under the applicable CMS-HCC model (including V24 -V28 transition management).
  • Evaluate current vendor performance, renegotiating or sunsetting SOWs where internal capability is superior.
  • Serve as the plan-side counterpart to UMMH CDI, HIM, and Coding leadership, coordinating with the CMO's office to embed documentation workflows into Epic-based clinical practice rather than layered on top of it.
  • Partner with Network and Clinical Services to design provider-facing education, scorecards, and incentive structures that drive documentation accuracy without creating coding-driven behavior.
  • Develop provider-level performance reporting that is transparent, defensible, and actionable.

RADV, Audit & Compliance

  • Lead RADV audit readiness and response, including medical record retrieval, validation, submission strategy, and cross-functional coordination with Legal, Compliance, and Finance to mitigate financial and compliance risk.
  • Maintain a comprehensive QA program covering RADV, OIG, and internal audits — monitoring the work of internal coders, contracted vendors, and provider documentation alike.
  • Own encounter data integrity, including EDPS submission accuracy, RAPS/EDPS reconciliation, and error resolution.

Analytics, Finance & Bid Support

  • Build and maintain the RA analytics layer — dashboards, KPIs, and provider/member-level reporting that drive continuous improvement in risk score accuracy, coding yield, and program ROI.
  • Partner with Actuarial and Finance on bid development, producing defensible risk score projections, trend analysis, and revenue assumptions grounded in population severity and program performance.
  • Communicate results to executive and board audiences through clear reports, dashboards, and presentations.

Program & Team Leadership

  • Set departmental goals, budgets, and tactical plans aligned with enterprise strategy and financial targets.
  • Other duties may be assigned as needed. 

* Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.


Requirements:
  • Bachelor's degree in a relevant field; Master's (MBA, MHA, MPH) preferred.
  • Registered Nurse (RN) desired. 
  • CRC (Certified Risk Adjustment Coder), CPC, or CCS certification preferred.
  • 7+ years in Medicare Advantage risk adjustment, with at least 3 years in a plan-side role (not solely provider-side or vendor-side).
  • Direct, hands-on RADV experience - working fluency with the CMS-HCC model, including the  V24-V28  transition and its financial implications.
  • Demonstrated experience managing or transitioning RA vendors (coding, chart retrieval, in-home assessment).
  • Strong analytical skills: able to interrogate data directly in SQL, Power BI, or Tableau, or to spec analytics requirements with precision.+
  • Strong Microsoft Office skills (Word, Outlook, Excel and PP).