Lead Director, Business Analytics - Caremark

CVS Health • Bloomington, IL

8d • $100,000 - $231,540

About The Position

CVS Caremark is seeking a dynamic leader to join its strategy and analytics team. The role supports rebate and margin optimization strategies intended to reduce costs for participant clients. The successful candidate will apply data analytics, complex problem-solving, and strategy development in an agile, fast-paced environment, and synthesize and present findings and strategies to audiences including executive leaders. The preferred locations are Bloomington, Minnesota, or Northbrook, Illinois; other locations may be considered for the right candidate.

This full-time position offers a base salary range of $100,000 to $231,540, depending on experience, education, geography, and other relevant factors. It is also eligible for a CVS Health bonus, commission, or short-term incentive program and includes an award target in the company’s equity award program. Benefits include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, subject to eligibility.

Requirements

• At least 10 years of work experience.
• At least 5 years of experience working with pharmacy claims data.
• Deep understanding of Pharmacy Benefit Management.
• Advanced Excel skills.
• Experience in data mining and data manipulation.
• Ability to apply rigorous analytical techniques to develop recommendations for key business decisions.
• Ability to produce organized, clear, and concise presentations summarizing issues and opportunities for leadership evaluation.
• Ability to research and analyze the impact of complex business issues associated with Trade goals.
• Adeptness in business intelligence.
• Adeptness at collaboration and teamwork.
• Mastery of problem-solving and decision-making skills.
• Mastery of growth mindset skills, including agility and developing yourself and others.
• Bachelor’s degree in finance, accounting, or a related field.

Nice To Haves

• At least 5 years of experience working with pharmacy drug rebates and contracting.
• Ability to extract data from large databases.

Responsibilities

• Contribute to the development and assessment of strategic initiatives and opportunities using project management tools, complex data analyses, and stakeholder feedback.
• Independently identify and evaluate business opportunities that may generate additional customer savings and margin opportunities.
• Work with internal teams and external partners to assess and document stakeholder needs and develop solutions to meet them.
• Analyze and synthesize complex data into clear, actionable summaries, and communicate and present findings to senior leaders.
• Extract data, develop analytic and financial models, and monitor results of strategic initiatives on an ongoing basis.
• Assist with training and mentoring team members on a wide variety of topics.
• Assist with process improvement and development projects related to modeling, contract evaluation, and reporting, as well as other ad hoc projects.

Benefits

• Medical coverage
• Dental coverage
• Vision coverage
• Paid time off
• Retirement savings options
• Wellness programs
• Other resources to support physical, emotional, and financial well-being, based on eligibility
• Bonus, commission, or short-term incentive program eligibility
• Company equity award program target

What This Job Offers

• Job Type: Full-time
• Career Level: Director