Our Ability Jobs

Bring your heart to CVS Health. Every 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.

Position Summary:

As a Manager on the Product Innovation team, you will be a vital contributor to advancing our portfolio of PBM network products to meet plan sponsor and member needs on lowering costs and improving member experience. In managing multiple core Drug Discount Program products, you will be critical to the successful growth of the PBM business. You will simultaneously sustain established, proven solutions and drive new innovation, leveraging our entire suite of CVS Health enterprise assets to their fullest potential.

In this role, you will:

• Support advancement of existing products with new and innovative approaches to deliver enterprise value, as well as investigate and deliver on new and disruptive product strategies.

• Assist in development and execution of strategic and tactical product plans, market analyses, identification of new product opportunities, and coordination of market and product research.

• Present outcomes, findings, project plans, and recommendations to leadership to guide strategic decisions in alignment with business goals

• Work autonomously on multiple projects according to priorities given by Director

• Manage direct Drug Discount Program client relationships, including leading negotiations and contracting efforts, and support Sales & Account teams in managing PBM client relationships

This role is a *HYBRID position and can be located near any PBM or Corporate Office Location*

Required Qualifications:

• 5+ years of experience within the healthcare industry

• 5+ years experience supporting product innovation or a similar industry/focus with analytical, strategic, and advisory experience

• Willingness and ability to learn quickly and “dive in” as needed

• Validated capability conducting and managing quantitative and qualitative analysis, with fine attention to detail

• Strong relationship-building and influencing skills to champion effective and efficient cooperation across the team and the organization

• Highly developed communication and presentation skills to present issues, recommendations, and implementation plans to senior management

• Excellent problem solving and analytical skills

Preferred Qualifications:

• PBM industry experience

• Familiarity with managing regulatory and compliance requirements

• Certifications or strong understanding of project management processes and tools

Education

• Bachelor's degree preferred/specialized training/relevant professional qualification

Pay Range

The typical pay range for this role is:

$60,300.00 - $145,860.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.

For more detailed information on available benefits, please visit Benefits | CVS Health (https://jobs.cvshealth.com/us/en/benefits)

We anticipate the application window for this opening will close on: 09/30/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

We are an equal opportunity and affirmative action employer. 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.