Full-Time

Program Manager

Molina Healthcare

Molina Healthcare

10,001+ employees

Administers government-sponsored Medicaid, Medicare plans

No salary listed

Des Moines, IA, USA

In Person

Category
Business & Strategy (1)
Required Skills
Visio

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Requirements
  • At least 4 years of Program and/or Project management experience, or equivalent combination of relevant education and experience.
  • Operational Process Improvement experience.
  • Managed Care experience, preferably in a shared service, Center of Excellence or matrixed environment.
  • Experience with Microsoft Project and Visio.
  • Strong presentation and communication skills.
Responsibilities
  • Responsible for ensuring well-documented policies, workflows, program controls, internal and third-party practices, playbooks and best practices for respective program.
  • Manages program budget, as applicable, supporting project prioritization.
  • Collaborates with Legal, Compliance, and Information Security to ensure governance standards are upheld.
  • Tracks performance metrics and ensures value realization from deployed solutions.
  • Coordinates recurring meetings to support governance framework and decision-making processes, as needed.
  • At the direction of program (Center of Excellence, Shared Service or other functional area) leadership, supports portfolio management and/or initiative-specific change and project management.
  • Collaborates with key stakeholders to support dissemination and adoption of program guardrails, processes, best practices and other collateral.
  • Routinely reviews program collateral to ensure current and accurate reflection of business needs.
  • Identifies opportunities/gaps and provides recommendations on program enhancements to respective leadership team.
  • Responsible for creating business requirements documents, test plans, requirements traceability matrix, user training materials and other related documentations.
  • Generates and distributes standard reports on schedule.

Molina Healthcare provides government-sponsored health plans in the United States, primarily serving low-income individuals and families through Medicaid, Medicare, and Marketplace products. It partners with state and federal governments to administer these programs and earns revenue from member premiums and payments for program management. A key differentiator is its focus on cost management and preventive care, aided by an online provider portal that lets clinicians verify eligibility, submit claims, and access resources. Its goal is to expand access to affordable, quality health coverage while delivering sustainable administration of government-backed plans.

Company Size

10,001+

Company Stage

IPO

Headquarters

Long Beach, California

Founded

1980

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Simplify Jobs

Simplify's Take

What believers are saying

  • Reaffirmed $42B 2026 revenue and $5 adjusted EPS forecast despite 6% Medicaid attrition signals cost discipline.
  • Exiting underperforming Medicare Advantage Part D plans by 2027 reduces future earnings drag and improves portfolio quality.
  • New Florida Medicaid contract offsets Marketplace declines and adds approximately $500 million in annual premium revenue.

What critics are saying

  • Medicaid rates run 300–400 basis points below costs, collapsing profit margins to 0.4% within three to six months.
  • Expiring ACA subsidies drive Marketplace membership to drop from 305,000 to 250,000 by year-end, squeezing margins to 1.1%.
  • Exiting MAPD for 2027 creates $1 per share earnings drag in 2026 and cuts roughly $1 billion in annual drug revenue.

What makes Molina Healthcare unique

  • Molina serves low-income populations across 21 states with pure-play Medicaid, Medicare, and Marketplace plans.
  • The company operates a 6.4% expense ratio and debuts a Buffalo center for South Asian immigrant language access.
  • MolinaCares Accord funds targeted community programs like the Friendship Project to address mental health isolation.

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Benefits

Health Insurance

401(k) Retirement Plan

Remote Work Options

Paid Vacation

Flexible Work Hours

Wellness Program

Mental Health Support

Conference Attendance Budget

Professional Development Budget

Phone/Internet Stipend

Home Office Stipend

Family Planning Benefits

Fertility Treatment Support

Stock Options

Company Equity

Hybrid Work Options

PTO/vacation mention not explicit beyond Paid Vacation

Paid Sick Leave

Paid Holidays

Adoption Assistance

Company News

Silver City Radio
Jun 23rd, 2026
Local news: tuesday, June 23, 2026.

Local news: tuesday, June 23, 2026. Blue Cross Blue Shield of New Mexico, in partnership with Presbyterian Turquoise Care, Molina Healthcare, and UnitedHealthcare Community Plan, will host a free Community Health Resource Fair on June 24 from 3 to 6 p.m. at the Grant County Veterans Memorial Business and Conference Center. The family-friendly event will feature no-cost health screenings provided by the BCBSNM Care Van, along with health resources, wellness information, and giveaways aimed at connecting community members with services that support healthier lives. The Bear Fire, located approximately 18 miles southeast of Quemado in the Gila National Forest, has reached 7,769 acres and is now 100% contained. Fire officials report that containment lines are holding and most repair work has been completed. Command of the incident is scheduled to transfer from the Gila Las Cruces Type 3 Incident Management Team back to the Gila National Forest and a Type 4 Incident Commander on June 24. Officials credited the support of the New Mexico Forestry Division, local landowners and the Village of Quemado for helping firefighters successfully suppress the fire by providing access to private land and critical resources. Luna County's ¡Que (K) Linda (lean-da)! initiative will host a Litter Summit on June 24 from 9 a.m. to 12:30 p.m. at the Mimbres Event Center in Deming. The public event will bring together local and state leaders to discuss litter prevention, beautification efforts, and community partnerships aimed at keeping Luna County clean. A public question-and-answer session will follow the presentations, giving residents an opportunity to share ideas and learn how they can help continue local cleanup efforts. Last in its news: New Mexico officials are encouraging residents to recognize and report signs of elder abuse during Elder Abuse Awareness Month, noting that Adult Protective Services has received about 18,000 allegations of abuse, neglect and exploitation. Elder abuse can include physical or emotional harm, neglect, financial exploitation and scams that often target older adults. Warning signs may include unexplained injuries, sudden behavioral changes, poor living conditions, social withdrawal, unusual financial activity and lack of access to medical care. Suspected abuse of vulnerable adults can be reported 24 hours a day to Adult Protective Services at 866-654-3219.

Massachusetts Nonprofit Network
Jun 2nd, 2026
Advocates celebrates $75,000 grant from The MolinaCares Accord to expand the Friendship Project.

Advocates celebrates $75,000 grant from The MolinaCares Accord to expand the Friendship Project. * Jun 2, 2026 Updated 5 hrs ago Molina Healthcare ("Molina"), in collaboration with The MolinaCares Accord ("MolinaCares"), awarded a $75,000 grant to Advocates,a human services nonprofit, to support the expansion of its Friendship Project. The program combats loneliness and social isolation among adults living with mental health challenges and disabilities. Research shows that individuals with serious mental illness experience loneliness at a rate 2.3 times greater than the general population, contributing to poorer health outcomes and increased emergency healthcare utilization. The Friendship Project connects adults with trained volunteers who provide companionship, emotional support, and practical assistance through regular visits, phone calls, outings, and other connections. Funding will support efforts to increase volunteer recruitment and community partnerships, as well as program coordination. "Loneliness and social isolation can have a profound impact on both mental and physical health," said Jeff Keilson, senior vice president of innovation and partnerships of Advocates. "We are deeply grateful to Molina and MolinaCares for investing in programs that create meaningful human connection and improve quality of life for people in our communities." Studies show perceived emotional support reduces the risk of common mental health disorders and severe mental health crises. The Friendship Project also provides a physical and mental respite for 24/7 caregivers who often experience stress from the demands of around-the-clock care. "Molina and MolinaCares are proud to support a program that addresses mental health, a key factor in overall wellness," said Bill Graham, plan president of Molina Healthcare. "This grant reflects a commitment to evidence-based solutions for traditionally underserved populations." About Advocates. Advocates partners with people navigating life challenges to support growth, learning, and connections to the community. Advocates, which serves more than 40,000 children, teens, adults, and families annually, provides a full continuum of culturally responsive services for individuals facing mental health challenges, developmental disabilities, autism, brain injuries, and other life challenges throughout Eastern and Central Massachusetts and in Rhode Island. About The MolinaCares Accord. Established by Molina Healthcare, Inc., The MolinaCares Accord oversees a community investment platform created to improve the health and well-being of disadvantaged populations by funding meaningful, measurable, and innovative programs and solutions that improve health, life, and living in local communities. The MolinaCares Accord funds such measures through The Molina Healthcare Charitable Foundation, a 501(c)(3) established in 2020 by Molina Healthcare, Inc. About Molina Healthcare. Senior Whole Health, LLC, dba Molina Healthcare provides government-funded, quality health care under the Senior Care Options (SCO) and One Care programs serving dual eligibles enrolled in Medicare and MassHealth. Senior Whole Health is a wholly-owned subsidiary of Molina Healthcare, Inc., a Fortune 500 company that provides managed health care services under the Medicaid and Medicare programs, and through state insurance marketplaces. For more information, visit MolinaHealthcare.com.

Yahoo Finance
Apr 8th, 2026
Molina Healthcare rises 6.2% as higher 2027 Medicare Advantage rates boost sentiment and billionaire Klarman takes stake

Molina Healthcare has risen 6.2% following the Centers for Medicare & Medicaid Services' finalisation of higher 2027 Medicare Advantage payment rates. The news has improved sentiment towards government-focused health insurers ahead of Molina's first-quarter 2026 earnings release and investor day. The stock has also attracted attention after billionaire investor Seth Klarman opened a new position. His investment follows a challenging period, with management guidance pointing to lower 2026 earnings than 2025. Whilst the rate increase improves reimbursement prospects, investors remain focused on how management addresses medical cost trends and margins. Key risks include potential Medicaid funding or programme changes that could affect earnings. The company's narrative projects $50.7 billion in revenue and $1.3 billion in earnings by 2028, requiring 6.8% annual revenue growth.

Yahoo Finance
Apr 5th, 2026
Molina Healthcare seeks shareholder vote on special meetings as stock trades 59.8% below year-ago price

Molina Healthcare is seeking shareholder approval to amend its Certificate of Incorporation, allowing shareholders to call special stockholder meetings under defined conditions. The governance proposal aims to give investors a quicker route to raise concerns about value and corporate decisions. Trading at $139.38, the stock has gained 4% over the past week but shows longer-term declines of 59.8% over one year and 42.2% over five years. The share price sits approximately 7.5% below the analyst target of $150.65. The company's profit margin has compressed to 1.1% from 3% last year, whilst its price-to-earnings ratio of 15.38 remains below the healthcare industry average of 22.02. The vote outcome could influence how governance issues reach formal consideration at the managed care company.

Yahoo Finance
Mar 28th, 2026
Molina Healthcare's Q1 2026 earnings expected to show 72% profit decline to $1.68 per share

Molina Healthcare, a Long Beach-based managed healthcare provider valued at $7.3 billion, is expected to report fiscal first-quarter 2026 earnings on 22 April. Analysts forecast earnings of $1.68 per share, down 72.4% year-over-year from $6.08. The company has underperformed significantly, with shares down 57.1% over the past 52 weeks compared to the S&P 500's 13.4% gain. In February, Molina reported fourth-quarter losses of $2.75 per share, missing expectations of $0.43 profit, though revenue of $11.4 billion exceeded forecasts of $10.8 billion. For full-year fiscal 2026, analysts expect earnings of $5.03 per share, down 54.4% from fiscal 2025. The stock carries a consensus "Hold" rating from 18 analysts, with an average price target of $144.40.