Our Benefits

Working at Magellan is about far more than the job you do. We strive to ensure that our employees are cared for in all aspects of their lives, whether that be health and well-being, preparing for retirement, or simply making time to decompress by taking time off. The company offers a competitive compensation and benefits package to all employees.

Health & Wellness

Your health and the health of your family are important. Magellan offers the following health benefits to full-time employees:

Medical and Dental Benefits

Medical coverage
Dental and vision insurance
Virtual doctor visits via Aetna's Teladoc program
Flexible spending account

Wellness Program

Resources and information to help employees achieve physical, mental and financial fitness
Free annual flu shots
Health enhancement subsidy for fitness, weight control and smoking cessation programs

Employee Assistance Program

Confidential assistance is available 24 hours a day to those who want help resolving issues that affect their personal lives, job performance, or mental and emotional well-being of employees and family members.

Additional Benefits

Company paid short- and long-term disability
Service and recognition awards programs

Compensation

Magellan’s market-based pay program delivers a total compensation package that includes an attractive base salary, incentives and benefits consistent with the market and our mission to attract and retain a high-quality workforce.

401(k) Plan

Immediate eligibility to participate upon date of hire
Magellan matches 100% of employee contributions, up to 6% of eligible compensation

Pension

The Magellan Pension Plan provides a basic foundation for your retirement security that is fully paid for by the company

Annual Incentive Plan

Magellan’s annual cash incentive program is based on individual and company performance

Paid Time Off

Generous paid time off
Eight company holidays
Two floating days off
Paid parental leave

Professional Growth

Our challenging and diverse business needs provide opportunities for advancement for top performers. Magellan is committed to employee development.

Career Development

Ongoing education and training for employees is available in a variety of areas, including leadership and professional development, as well as training on functional and industry-specific topics

Education Assistance

Eligible employees may receive assistance with the expense of furthering their education in job-related fields, including tuition and books