Our Ability Jobs

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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.

A Brief Overview

Implements processes to collect and analyze data, measure and evaluate program effectiveness, create reports and visualizations to provide data-driven recommendations. Collaborates with stakeholders to ensure data governance and compliance and enable informed decision-making, optimize program performance, and contribute to data-driven insights and improvements in business outcomes.

What you will do

• Leads a team of analysts to deliver high-quality insights and analytics to support business decisions ensuring organizational growth and industry advancement.

• Develops and implements data-driven strategies that drive business growth and improve operational efficiency achieving organization goals and key deliverables.

• Collaborates with cross-functional teams to identify opportunities for process improvements and cost savings for the organization.

• Manages complex projects from creation to completion, ensuring timely delivery and successful outcomes within the project parameters.

• Ensures compliance with regulatory requirements and ethical standards in all analytics work to ensure accurate and responsible reporting.

• Builds and maintains strong relationships with key stakeholders across the organization, promoting a unified organization.

• Implements improvements to processes and services by staying up-to-date with industry trends and advancements in data analytics.

• Mentors and coaches team members to foster professional growth and development.

• Communicates complex analytical findings and insights to non-technical stakeholders in a clear and concise manner to ensure successful organizational continuous improvement initiatives.

Role-Specific Details

As a member of the Network Strategy Team, you will support the team as the Medicare Cost of Goods subject matter expert. Leveraging tools like SAS and Tableau, you will pull data, create and manipulate COGS projection models, receive pricing inputs from our negotiation teams and then report out and make recommendations are where our rates with pharmacy provides should be set. Deep knowledge of PBM pricing and operations is necessary as well as understanding of financial statements both at client and segment levels. Another critical task this role will support is the passing of discount rates from our negotiation team to other internal analytics and modeling teams. Knowledge and the ability to organize data around network differentiation and pharmacy status are key assets a candidate will need to be successful in this role.

For this role you will need Minimum Requirements

• 7+ years data analytics and/or financial experience

Preferred Qualifications

• 2+ years of PBM experience

• Ability to use SAS and Tableau programs

• Adept at problem solving and decision making skills

• Adept at collaboration and teamwork

• Adept at growth mindset (agility and developing yourself and others) skills

• Adept at execution and delivery (planning, delivering, and supporting) skills

• Adept at business intelligence

Education

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

Pay Range

The typical pay range for this role is:

$67,900.00 - $182,549.40

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. This position also includes an award target in the company’s equity award program.

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: 05/31/2025

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.