Sr. Manager, Pricing Strategy

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Position Overview:
We are seeking a highly skilled and strategic Sr. Manager of Pricing Strategy to join our team at CVS Caremark. This role will be pivotal in collaborating with our underwriting organization to develop and implement innovative pricing strategies that drive value for our organization and our clients. The ideal candidate will possess a deep understanding of pricing models, market dynamics, and the ability to analyze data to inform strategic decisions.

Key Responsibilities:

• Strategic Development: Lead the development of pricing strategies that align with CVS Caremark’s overall business objectives and market positioning. Identify opportunities for innovative pricing approaches that enhance profitability and competitiveness.
• Collaboration with Underwriting: Work closely with the underwriting team to develop and integrate pricing strategies that reflect the organization’s objectives.
• Market Analysis: Work with our business partners to identify trends and opportunities for differentiation. Utilize insights to inform pricing decisions and strategies.
• Data-Driven Decision Making: Leverage data analytics to assess the effectiveness of pricing strategies and make informed recommendations for adjustments. Monitor key performance indicators (KPIs) to evaluate the impact of pricing initiatives.
• Pricing Model Innovation: Develop and implement new pricing models that drive value for both CVS Caremark and its clients.
• Cross-Functional Leadership: Collaborate with various departments, including sales, marketing, finance, and operations, to ensure alignment and support for pricing strategies. Facilitate communication and knowledge sharing across teams.
• Stakeholder Engagement: Present pricing strategies and recommendations to senior leadership and key stakeholders. Build strong relationships with internal partners to foster collaboration and support for pricing initiatives.
• Regulatory Compliance: Ensure that all pricing strategies comply with relevant regulations and industry standards. Stay informed about changes in the regulatory landscape that may impact pricing.

Minimum Qualifications:

• 7+ years of experience in pricing strategy, financial analysis, or a related field, preferably within the healthcare or pharmacy benefit management industry.

Preferred Qualifications

• Proven track record of developing and implementing successful pricing strategies that drive business growth.
• Excellent analytical skills with the ability to interpret complex data and market trends.
• Strong leadership and interpersonal skills, with the ability to influence and collaborate across teams.
• Exceptional communication skills, both written and verbal, with the ability to present complex information clearly and persuasively.

Education

• Bachelor’s degree in Business, Finance, Economics, or a related field; MBA or advanced degree preferred or equivalent specialized training/relevant professional experience.

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 offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

Additional details about available benefits are provided during the application process and on Benefits Moments.

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