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CVS Health Senior Product Manager, Directed Spend in Woonsocket, Rhode Island

Job Description

The Senior Product Manager of Directed Spend/New Verticals will play a critical role in establishing new and strategic products, services and relationships across external lines of business for the CVS Health OTC supplemental benefit program. This position will report directly to the Lead Director, Enterprise Solutions. Key responsibilities: •Lead product strategy developing both short-term and long term program strategies that align with business and enterprise priorities•Drive innovation based on analytics and insights, market trends, competitive landscape, program gaps and white space opportunities, while leveraging strong business acumen in Retail, Healthcare, Tech or other related fields• Partner across all payor and external lines of business to enhance and develop our supplemental benefits offering, including OTC Health Solutions and build out additional targeted benefit platforms• Strategically introduce and execute on new opportunities to broaden partnership depth and increase enterprise value• Commercialize and support operational planning for strategic partners, work cross-functionally with digital, IT, inventory, analytics, and product teams• Forge new partner relationships with key enterprise healthcare stakeholders across strategy, marketing, and operations• Navigate the day to day of a dynamic entrepreneurial team in a fluid and emerging space, while balancing communication needs, stakeholder management, timelines and financial goals of a Fortune 4 companyAdditional elements:• Provide day-to-day management of strategic customer portfolio, analyze and respond to customer (direct & indirect) feedback, ensuring outcomes and results• Build and maintain strong working relationships with colleagues in sales support, product/implementation management and across the enterprise to cultivate opportunity• Gain and leverage account intelligence trends to drive best practices throughout the customer and product lifecycle• Proven ability to dissect consumer insights and foresee business opportunities quickly to maximize results • Key decision maker and business owner including responsibility for revenue growth

Pay Range

The typical pay range for this role is:

Minimum: 75,400

Maximum: 162,700

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


Required Qualifications

-3+ years of experience in a client-facing role ideally client success or managing relationships with large organizations-1+ years of experience in analytics and reporting, project management or Salesforce-Ability to travel to Rhode Island headquarters 2-3 times per quarter- Ability to work standard east coast business hours

Preferred Qualifications

-Previous experience in Retail Category Management, Retail/CPG, Management Consulting or Medicare Payor environment-Prior healthcare and supplemental benefits experience-General Business ownership / Product or P&L ownership-MBA


Bachelor's Degree

Business Overview

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. 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. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.