Sr. Product Manager - PBM Client Reporting-1

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 working to transform Pharmacy Benefit Management (PBM) Client Reporting into a strategic capability, rather than the more transactional offering it is today. The intent is for client reporting to better drive client's decision making and forecasting, while also being easier to use, more centralized and more accessible. The goal is to also enhance the accuracy and reliability of the underlying data. The benefit to CVS Health is to create a culture of data driven decision making, operational efficiency through automation and enhanced client satisfaction.

We are looking for a PBM Client Reporting Sr. Product Manager to help define the strategy for front-end, user-facing components of the new deliverable, serving both internal stakeholders and external client stakeholders.

Responsibilities include:

• Drive the product and business planning processes across the finance and data / technology functions

• Analyze internal stakeholder needs, customer needs and current market trends

• Build cross-functional relationships and rapport across Regulatory Affairs, Account Management, Sales Operations, IT, Data & Analytics and Clients to understand needs, wants, pain points, etc.

• Participate in build vs. buy decision making

• Perform competitor analysis

• Build a Product Strategy-map Beta, to MVP, to Market Ready via roadmap documentation and communicate to stakeholders

• Translate product strategy into:

• Documentation of Use Cases and Personas

• Development of Theme and Initiative level requirements documentation

• Contribute towards decisions on go-to-market strategies and product positioning

• Align accomplishments to PBM Client Reporting OKR's and provide regular updates on progress

• Understand and interpret analytical models; translate them to specs for a reporting application

• Act as the 'CEO' of his/her product; embrace not only the functional requirements and the building of the product, but also non-functional aspects like uptime, performance, migration from old to new, internal setup burdens, and so on.

Required Qualifications

• Minimum 10 years professional experience

• Strong written communication

• Ability to work in partnership with data / technology

Preferred Qualifications

• Previous experience in PBM

• Management Experience

• CSPO or similar certification

• Strong business partnership and consultative skills

• Proficiency with Tableau and/or Microstrategy

• Familiarity with DataPrep by Trifacta

• Intellectual Curiosity

Education

Bachelor's degree from a 4 year college or university is preferred.

Pay Range

The typical pay range for this role is:

$75,400.00 - $174,200.00

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 jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 06/16/2024