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CVS Health Sr. Manager, Trade Formulary Innovation (Remote) in Boston, Massachusetts

Job Description

Do you want to make a large impact in your next role? The Trade Formulary Innovation team looks to drive strategic initiatives and enhance operational execution across Trade through organization and collaboration while identifying opportunities to propel value. The Sr. Manager, Trade Formulary Innovation will be a key contributor to deliver high impact insights that will drive value and alignment across CVS Health.As the pharmacy and medical benefit landscape changes with new high-cost therapies, increasing pressure to reduce costs and the evolving policy landscape, the right person for this role is a highly motivated, forward-thinker who can identify opportunities and sort out root causes of issues while leveraging matrix partners to develop, optimize and execute innovative processes and strategies effectively. You will be responsible for working with cross-functional partners to manage and identify areas of improvement across Trade and lead highly visible workstreams to optimize and build procedures designed to streamline all areas of workflow.Primary responsibilities:• Manage established formulary projects and work to identify areas of improvement or optimization • Identify potential areas of opportunity and work to create business cases for leadership evaluation, utilizing effective collaboration with stakeholders, subject matter experts, and colleagues inside and beyond Trade• Through a highly matrixed environment, manage process improvement and enhancements as well as leading projects to improve formulary ways of working• Responsible for collaborating across the Trade organization and beyond to influence aligned priorities, create and manage effective practices to drive efficient operations, as well coordinating across cross-functional teams to identify critical issues• Create project timelines and cascade project statuses to leadership and relevant stakeholders; track progress, ensure project plan trajectory is as expected• Your excellent project management skills and experience coordinating across cross-functional teams with the ability to elevate critical issues is also key, as you will lead key projects or play a material support role• Your ability to influence without authority will be critical to your success, as you will partner and collaborate with many colleagues with potentially competing prioritiesWill consider 100% remote from anywhere in the US. Residence within a commutable distance to one of the following offices is preferred:RI – WoonsocketMA – Boston, WellesleyIL – ChicagoMN – BloomingtonTX – IrvingAZ – Scottsdale*This role requires 10% of travel.

Required Qualifications

• Minimum of 7 years of relevant work experience; graduate level education may substitute for experience• Demonstrated understanding and experience in managed care which may include PBM, Pharma, market access, account management, specialty pharmacy, or health plan experience• Strong functional capabilities using Microsoft applications of PowerPoint, Excel, and Word• 3+ years of experience leading high impact, cross-functional projects with strong ability to find creative solutions to challenging unstructured situations

COVID Requirements

COVID-19 Vaccination Requirement

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

Preferred Qualifications

• Experience working with data from Pharma, PBMs, or Healthcare• 3+ years of experience leading high impact, cross-functional projects within healthcare/PBM, account services, customer service, or related industry with strong ability to find creative solutions to challenging unstructured situations


• Bachelor’s degree required. • MBA or Master’s Degree preferred

Business Overview

Bring your heart to CVS HealthEvery one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.