Senior Manager, Trade Strategic Planning

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

We are seeking a highly skilled and experienced individual with a strong background in the pharmacy benefit management industry to join our team. The Senior Manager, Trade Strategic Planning, will focus primarily on evaluating Trade initiatives and assessing financial value to identify opportunities, risks, and trends. In addition to working with colleagues in other Trade teams to size value drivers and align financial outcomes with strategic objectives, you will partner with other functions outside of the Trade organization to define and execute processes and strategies that support value creation and drive efficiencies. This is an outstanding opportunity with exposure to senior executives.

Additional responsibilities will be to:

• Understand and evaluate revenue impacts of formulary strategies, pharma contract changes, and market events
• Manage financial budgeting and forecasting process deliverables, analyzing Trade team submissions and summarizing business drivers behind the change
• Develop and maintain monthly Trade revenue performance tracking, inclusive of risk and opportunity assessments
• Assist in development of analyses & materials for executive-level audiences, including leading work with cross-functional partners to inform content and resolve data needs
• Collaborate across Trade, Underwriting, and Finance partners to create/streamline processes and support cross-team rebate initiatives and future planning
• Identify and implement process improvements/automation efforts to drive efficiencies and alignment, and manage documentation of process maps, guiding principles, and options analyses as needed
• Provide project management support for key projects/initiatives

To be successful, you should possess:

• Strong problem solving, analytical, oral and written communication skills
• Experience leading conversations with cross-functional partners to understand CVS enterprise and PBM client financial impacts and to align on assumptions and deliverables
• Experience developing analyses and presentations to explain business issues, quantify financial impact, and provide recommendations
• Expertise in starting with raw data and transforming it into financial insights in an easy-to-understand way
• Ability to work independently in a fast-paced environment and manage tight deadlines and competing priorities
• Experience working through ambiguous projects, with ability to quickly identify business needs and conduct a thorough analysis

Required Qualifications

• 8+ years of experience in managed care, with a focus in pharmacy benefit management, pharmaceutical market access, formulary and rebate strategy setting, or financial strategy
• Advanced capabilities using Microsoft Excel for data analytics and financial modeling/analysis
• Experience manipulating and analyzing data from large databases using SQL or other appropriate software
• Ability to make informed, data-driven decisions, with a strong emphasis on translating data insights into actionable strategies.
• Demonstrated knowledge of corporate financial concepts (P&L management, budget development, variance analysis, etc.)

Preferred Qualifications

• 5+ years experience with pharmacy benefit management, prescription drug rebates, prescription drug spend, and/or formulary strategies
• Experience leading process improvement exercises
• Exposure and/or knowledge of the evolving pharmaceutical regulatory environment

• Proficiency in Tableau or other data visualization software
• Experience utilizing Google BigQuery to extract raw data

Education

• Bachelor’s degree in finance, healthcare, or related field required; or equivalent experience
• MBA or Master’s degree preferred

Pay Range

The typical pay range for this role is:

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 people

We 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.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

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