At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.Position Summary:
As a member of the Client and Network Pricing Team you will be responsible for the leadership and coordination of drug pricing initiatives aimed at driving efficient pricing to our members. Will be responsible for leading pricing solutions in the Health Plan segment, encompassing Commercial, Medicaid, Med D, and other Lines of Business. Some of your key responsibilities will include:
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- Leading a segment of the Client and Network Pricing team, including oversight and ownership of a segment of the Caremark P&L, with >$10 billion in revenue accountability
- Developing accurate and efficient pricing for Caremark PBM customers
- Manages the performance of network providers, including tracking key performance indicators, analyzing provider performance data, and implementing performance improvement initiatives.
- Collaborating with Sales and Financial partners to solve complex contractual problems
- Develop a core understanding of drug pricing, underwriting, network pharmacy performance, and PBM operations
- Identifying opportunities for process improvements with a cross-functional team
- Creating clear and reliable financial performance statements, and partnering with finance operations to forecast performance
For this role you will need Minimum Requirements
- 10+ years work experience in underwriting, network provider relations, finance or analytics.
- 1+ year experience in healthcare, pharmacy or PBM.
- SAS or SQL experience
- Analytical Experience
- Adept at execution and delivery (planning, delivering, and supporting) skills
- Adept at business intelligence
- Adept at collaboration and teamwork
- Mastery of problem solving and decision making skills
- Mastery of growth mindset (agility and developing yourself and others) skills
- Bachelor's degree preferred/specialized training/relevant professional qualification.
The typical pay range for this role is:$100,000.00 - $231,540.00
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.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.