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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
*This role will be hybrid out of our Rhode Island or Soho, NY locations.*
CVS Health is seeking a Senior Manager of Price & Value Innovation to lead and facilitate the design and implementation of integrated category-level price and value strategies that drive customer value perception in alignment with category roles and overall sales, trip, and margin objectives. You’ll gather internal and market data, conduct robust analyses, develop customer and category insights, test & learn, and deploy refined price & value strategies within the CVS Pharmacy front store business. You will also work within the Price & Value team, partnering with peer-experts focused on innovating and executing everyday pricing, promotion, and coupon strategies as well as category merchants responsible for overall front store category strategy and financials. Successful candidates will be strategic thinkers with the ability to structure and solve complex problems in a fast-paced and dynamic environment.
You will accomplish this by:
- Structure and execute robust internal and external customer & category analyses to identify opportunities to drive customer value perception
- Develop and evaluate alternative scenarios via business case development, P&L proformas or expected results / success criteria
- Develop and implement category-level test & learn agendas including hypotheses, test design, measurement & implications for the business
- Facilitate and build category-level pricing and promotional strategies that are aligned to merchant category strategies, roles & intent
- Create and manage reporting & measurement to continually refine results
- Build trusted and collaborative partnerships with peer-experts across the Price Value team including price, promo, coupon and loyalty.
- Partner with Director & Managers to present facts and recommendations in a compelling story that brings audiences along, in forums that include structured working sessions and leadership strategy discussions
Required Qualifications
- 5+ years of relevant experience in either Retail/CPG or Management Consulting
- Experience managing retail P&L
- Merchandising familiarity - understanding of retail merchandising basics (i.e., Category Management), and merchandising organizational structures and processes
- Mastery of Microsoft Excel and PowerPoint
- Analytical and problem-solving skills
- Willingness and ability to travel up to (25%)
- Ability to operate in an ambiguous, innovative environment
- Ability to learn quickly and think critically in white space
- Ability to create & tell a compelling story telling across teams & levels
Preferred Qualifications
- Experience coaching & developing a team or peers
- Management Consulting experience for a top tier firm
- Specific experience in Retail category management, CPG, or vendor management leading strategic commercial projects with significant business impact
- Retail/CPG experience and/or experience analyzing large customer/transaction data sets
- Experience using Tableau, SQL, and other technical tools
Education
Bachelor's Degree or equivalent work experience
Pay Range
The typical pay range for this role is:
$79,200.00 - $190,700.00
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
