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
CVS Health is looking for a PBM expert to lead projects and develop strategic recommendations across a matrix of enterprise-wide stakeholders. The Enterprise Pricing team is tasked with developing and executing on our initiatives to optimize enterprise profitability across CVS Health and its various business units. The Exec Director of Enterprise Economics (PBM) will oversee and lead critical projects to drive enterprise value and strategy related but not limited to legislative initiatives, product development and analysis, cross company pricing negotiations, and cross company analytics. Work closely with leaders in key stakeholder organizations (i.e. Enterprise Analytics, Aetna, Caremark, CVS Retail, Legal, Product, etc.) in pulling together the enterprise view of profitability, risks, and opportunities while ensuring cross company compliance. They will lead and manage multiple high-profile work streams with urgency, be accountable for delivering quality results, and be able to present these results to senior leadership within the company. This will be one of three Exec Director positions representing expertise in each of three segments (Retail, PBM & HCB).This role will also provide strategic direction in identifying value unlock across the opportunity by creating transparency and awareness around the financial levers of the overall organization. This individual will provide support to the evaluation of enterprise products with the goal of maximizing their value and helping with go-to market strategy.
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Key Responsibilities:
- Leading strategic projects across a matrix of enterprise-wide stakeholders
- Financial modeling and evaluation of business cases for products/services
- Provide recommendations and influence strategic decision making
- Navigate a cross functional and cross enterprise environment with senior leaders and team members
- 15+ years of experience in pricing, actuary, underwriting or similar discipline
- 5+ years of leadership experience
- Expert knowledge of Retail economics, products, methods and incentives.
Bachelor's Degree RequiredPay Range
The typical pay range for this role is:$131,500.00 - $303,195.00
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. 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 HealthWe anticipate the application window for this opening will close on: 04/01/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.