Manager - Computation Engine Product Support

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.

Manager – Computational Engine Product Support

Position Summary

This role will support the Computational Engine product owner as part of a broader project to modernize CVS Health’s prescription pricing model. This project is vital to the success of the Underwriting transformation initiative driving profitability across the Enterprise.

As a Manager, you will be the subject matter expert responsible for supporting the design and implementation of logic that underlies the Profit & Loss statement within the new Underwriting model. You will be responsible for leading discovery and solutioning exercises for new features as well as ensuring proper implementation of those initiatives by the technical teams. In this role, you will not only be involved in development of business logic, but you will also support UAT efforts. As a SME on this product you will work with the QA teams to outline testing parameters and provide final review and sign-off of features. Finally, you will leverage your knowledge of the business and the product to assist with live client support ensuring integrity of the financial results used by leaders and decision makers.

This is a unique role as you will have ownership over the logic and development of significant pieces of the new Underwriting model. This role will work closely with a variety of individuals across the enterprise including business leaders, other product owners, technical teams, and business SMEs to drive product development. In addition, this role will be asked to support adhoc financial analyses to support various initiatives such as assumption development and model validation. Being able to communicate and partner with a wide variety of audiences will be a key skill needed to be successful in this role.
Responsibilities

• Leverage deep understanding of the business to ensure product requirements are accurately captured and communicated to key stakeholders
• Develop a deep understanding of the business product knowledge and how the product fits into the broader ecosystem of tools.
• Lead solutioning discussions with SMEs across organization and present proposals to key stakeholders
• Drive product development partnering with key stakeholders including technical counterparts
• Develop tools and procedures to create efficiencies in areas such as testing and defect resolution
• Assist with UAT and broader testing efforts to minimize future defects stemming from initial development
• Develop financial analyses to support future modeling improvements

This role may be located out of our offices in Northbrook, IL, Scottsdale, AZ or Woonsocket, RI. We are also open to a work from home/fully remote arrangement as well.

Our organization offers a competitive benefit package including vacation paid time off, holiday/sick time, health/dental/vision insurance, work/life balance, employee discounted stock purchase program, 401K, tuition reimbursement and employee discounts at all CVS stores.

Required Qualifications

• 5+ years of analytical experience

Preferred Qualifications

• PBM and/or Healthcare experience
• Financial modeling experience
• Experience working with IT and Scrum methodology
• Strong collaboration skills and willingness to work across business units within a complex organization
• Excellent oral and written communications skills; Ability to convey complex topics in clear and concise terms.
• Experience prioritizing work and communicating in a manner that is clear, logical, consistent, and effective
• Innovative mindset and ability to work outside of established boundaries
• Results oriented with ability to keep others on task to meet defined goals
• Experience developing complex financial solutions and working with technical audience to ensure proper implementation
• Degree related to finance, mathematics, statistics, actuarial science, economics, or other data related fields
• Experience working in a dynamic environment with continually evolving priorities

Education

• Bachelor’s degree or equivalent experience

Business Overview

At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.

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.
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

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through ColleagueRelations@CVSHealth.com If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.