You are an excellent candidate for an umbilicoplasty. Most patients wait 4-6 months post baby to do it. The small incision is made in the upper umbilicus and skin is removed and tightened up. You will look great. Look for a board certified plastic surgeon. Good Luck!
Congratulations on your new baby! I would recommend waiting at least 6 months after delivery before considering any kind of surgery on your belly button. You may have a small umbilical hernia causing deformation in which case all or a part of the surgery may be covered by your health insurance.I would recommend seeing a Board Certified Plastic Surgeon in your area after your baby turns 6 mos old and see what your options are. If you have a hernia it will need to be corrected in the operating room. If you just have some extra skin it could possibly be repaired in the office.Hope that helps!