Senior Decision Scientist - PBM Forecasting Analytics

CVS Health • Prior Lake, IL

3d

About The Position

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 Summary This Senior Decision Scientist will play a pivot role supporting strategic, data-driven initiatives across CVS Health's PBM Caremark ecosystem. You will collaborate with cross-functional stakeholders, lead projects, and translate data into solutions that tangibly drive business value. In this role, you will apply your analytical expertise and PBM data experience to help drive the success of digital products and ensure they meet customer needs and business expectations. This role is responsible for determining the most accurate and effective analytical methodology for forecasting models and then collaborating with cross-functional teams to ensure effective development, deployment, and business integration of the models. You will work directly with business partners to identify and prioritize opportunities for expansion and improvement of solutions, bridging the gap between development teams, stakeholders/business partners and users across various functional areas. You will also assess the performance and impact of models / solutions by conducting statistical analyses and measuring key performance indicators. What you will do Work with cross-functional teams to drive and execute the development and deployment of analytical models Apply in-depth knowledge of forecasting methodology to translate business and client needs into analytical models and solutions support clients Identify opportunities for enhancements through data-driven analyses evaluating potential risks and benefits and quantify the impact of strategic decisions Conduct complex cost-benefit analyses to assess the feasibility of new methodologies, evaluate potential risks and benefits, and quantify the impact of strategic decisions Present analytical findings to executives and stakeholders to effectively communicate detailed information, gain alignment, and influencing upwards and laterally to drive organizational change and alignment Answer detailed questions from collaborators and stakeholders around the methodological details of forecasting models Coaches more junior colleagues and team members in techniques, processes, and responsibilities

Requirements

• 3+ years work experience
• Experience in problem solving and decision-making
• Experience in developing data-driven recommendations and solutions
• Technical knowledge and experience with Excel and SQL/SAS/Teradata
• Bachelor's degree or equivalent work experience in Mathematics, Statistics, Computer Science, Analytics, Engineering, or related discipline.

Nice To Haves

• Proven success in developing data-driven recommendations and solutions
• Strong execution and delivery (planning, delivering, and supporting) skills
• Strong growth mindset (agility and developing yourself and others) skills
• Strong stakeholder management skills
• Strong collaboration and teamwork skills
• Strong interpersonal and presentation skills
• Master's degree preferred

Responsibilities

• Work with cross-functional teams to drive and execute the development and deployment of analytical models
• Apply in-depth knowledge of forecasting methodology to translate business and client needs into analytical models and solutions support clients
• Identify opportunities for enhancements through data-driven analyses evaluating potential risks and benefits and quantify the impact of strategic decisions
• Conduct complex cost-benefit analyses to assess the feasibility of new methodologies, evaluate potential risks and benefits, and quantify the impact of strategic decisions
• Present analytical findings to executives and stakeholders to effectively communicate detailed information, gain alignment, and influencing upwards and laterally to drive organizational change and alignment
• Answer detailed questions from collaborators and stakeholders around the methodological details of forecasting models
• Coaches more junior colleagues and team members in techniques, processes, and responsibilities

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

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