Description

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

Do you want to make a large impact in your next role? Join CVS Health as the Lead Director, Underwriting and Analytic Services, where you will be responsible for Financial Analysis and Underwriting within the team. Here, you will lead key pricing activities to retain and grow pharmacy lives and support CVS Health and Finance leadership to drive value.

In this high impact position, you will support key underwriting and financial analysis activities by developing and leading a team of Underwriters and Analysts. This role will manage vast, complex PBM pricing strategies and financial analysis designed to meet the business needs of CVS Health, client, and client's customers.

To be successful, you will possess and maintain expert knowledge of the PBM and Health Plan Insurance industry economics. The successful candidate will have proven their ability to build a high-performing team of knowledge-based employees with the necessary business acumen and technical skills to contribute to the goals of their team. The successful candidate will also have a track record of demonstrating the skill sets necessary to build a deep understanding of the client's business and goals to successfully execute on strategies targeted at improving financial outcomes with supporting data. You will also demonstrate a high level of consistency and expertise in using logic and analytic skills to direct client analysis in response to specific business questions and be able to communicate the findings, including methodology and estimated outcomes. Additionally, the successful candidate will have proven experience developing and executing support capabilities to meet existing and future client needs and will work with internal terms to enhance analytic support for clients. This will require developing an understanding of levers of PBM and enterprise profitability as well as utilizing the tools and processes for pricing current and prospective clients.

Responsibilities include:

• Hire, train, develop, coach, and evaluate Underwriters and Analytic Consultants within assigned team
• Achieve and maintain high levels of employee engagement
• Manage all analytic activities ensuring timeliness, accuracy, and consultative value of analytic output. Allocate resources effectively and efficiently to meet internal and external customer needs.
• Develop and maintain relationships with Sales and Account Management
• Develop relationships with Aetna Finance, Pricing and Sales teams and provide data-supported consultation
• Work with internal partners to facilitate and support development of analytic models and analytic solutions
• Acquire and maintain leading-edge knowledge of PBM plan management strategies and solutions
• Ability to work independently a high percentage of the time in a fast-paced environment and manage tight deadlines with appropriate level of delegation to team members
• Participate in client meetings as needed and requested. Travel to clients as needed either as an individual contributor or as part of coaching team members

Required Qualifications

• Minimum of 10 years professional experience including financial acumen, pricing, underwriting or drivers or enterprise/PBM revenue and profitability
• 5+ years of PBM experience
• 1+ years of leadership/management/mentorship experience

Preferred Qualifications

• Prior management experience, preferably in a healthcare environment
• Credentialed Actuary (ASA) (FSA) preferred

Education

• Bachelors degree or equivalent professional work experience required
• Masters degree preferred

Pay Range

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 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

We anticipate the application window for this opening will close on: 09/30/2025

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