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Magellan Health

Manages complex health services via technology

Personal Financial Counselor

Full-TimePosted on 10/19/2026
$58.4k - $93.5k
Mid
Bachelor's
South Korea
In Person
Finance & BankingWealth Management & Financial Advisory
US Citizenship Required

About the job

Requirements
  • A bachelor's degree is required; an associate degree plus four years of experience or a high school diploma plus six years of experience may be considered in lieu of a bachelor's degree.
  • At least three years of financial counseling experience is required.
  • Must be a U.S. citizen and speak fluent English.
  • If required by the contract, must be bilingual in English and Spanish.
  • Must be able to obtain a favorably adjudicated Tier 2 investigation.
  • Must pass the Congressionally Mandated Disclosures for Organizational Conflicts of Interest process.
  • Must hold one of the following certifications: Accredited Financial Counselor, Certified Financial Planner, or Chartered Financial Consultant.
  • A valid in-state driver's license is required.
Responsibilities
  • Provide personal financial counseling and management services directly to service members and their families.
  • Assist service members in establishing spending plans for extended absences.
  • Develop and make available informational financial materials to service members and families.
  • Coordinate, publicize, and provide a wide variety of Personal Financial Management classes and workshops, including topics across the military lifecycle such as arrival at the first duty station, pre- and post-deployment, and personal and career events outlined in DoDI 1322.34.
  • Respond to requests for age-appropriate classes or seminars.
  • Use virtual counseling or other electronic communications, such as web-based services, secure online chat, video-based communications, and secure video teleconferencing sponsored by the customer; virtual support may be authorized only by the OSD FINRED Program Office.
  • Manage duty-to-warn situations according to Department of Defense protocol.
  • Communicate with leadership and participate in regular individual and group supervision, sharing information about trends and issues at assigned installations.
  • Participate in regular in-services and training, quality improvement committees, or other contract activities as assigned or appropriate.
  • Perform other duties as assigned.

About the company

Magellan Health manages complex and rapidly growing areas of healthcare by pairing technology with strong personal relationships. It serves health plans, employers, unions, military and government agencies, and third-party administrators to help members access better health through care management and behavioral health programs. Its offerings combine technology platforms such as provider and member portals with care coordination to support outcomes. The goal is to help payers and members access high-quality care more easily and to guide the industry toward a healthier future.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Avon, Illinois

Founded

1969

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Simplify's Take

What believers are saying

  • Louisiana's ECSS program went live July 1, 2025, expanding recurring state revenue.
  • The Attend Behavior partnership broadened autism marketplace offerings on September 23, 2025.
  • Pediatric CoCM enrolled nearly 8,000 patients, with 84% assessment-to-enrollment conversion.

What critics are saying

  • Centene's December 2025 divestiture still requires regulatory approval, delaying close into 2026.
  • Centene recorded a $513 million loss on Magellan, signaling weak exit economics.
  • If Madison Health Group financing fails, Magellan loses strategic support and independence stalls.

What makes Magellan Health unique

  • Magellan remains the only independent managed behavioral-health pure play after Madison Health Group closes.
  • Its Louisiana ECSS contract covers statewide early-childhood services across birth-to-five care.
  • Magellan Federal serves 2,500 employees across military and federal behavioral-health programs.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Mental Health Support
  • Wellness Program
  • Flexible Work Hours
  • Performance Bonus

Growth & Insights and Company News

6 month growth

0%

1 year growth

-3%

2 year growth

-3%
RamaOnHealthcare
Feb 18th, 2026
Centene’s Magellan Health to be acquired by investment group – RamaOnHealthcare

Frisco, Texas-based Magellan Health has entered into an agreement to be acquired by Madison Health Group, according to a Feb. 13 LinkedIn post from

MarketScreener
Feb 6th, 2026
Centene agrees to sell minority stake in Magellan Health

Centene Corporation has signed a definitive agreement to sell a minority stake in Magellan Health to an undisclosed buyer. The transaction was agreed in December 2025. No financial details or the size of the stake being sold have been disclosed. The identity of the acquiring party remains unknown.

Becker's Behavioral Health
Sep 23rd, 2025
Magellan adds autism caregiver platform to digital marketplace

Frisco, Texas-based Magellan Health has partnered with Attend Behavior to offer its digital caregiver training platform through Magellan's autism technology marketplace.

PR Newswire
Sep 10th, 2025
Magellan Health Appoints Dr. Steven E. Pratt as Chief Medical Officer

Magellan Health appoints Dr. Steven E. Pratt as chief medical officer.

Becker's Behavioral Health
Sep 8th, 2025
Magellan CEO: Collaborative care can ease burnout, extend psychiatry capacity

Magellan Health launched a pediatric CoCM program that enrolled nearly 8,000 patients, with 84% enrollment after assessment, and more than half stayed engaged through graduation.