At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.
As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.
Position Summary
Do you want to make an impact in your next role? Join CVS Health as the Rebate Product Owner of the application supporting our pricing operations teams. This role is key player in the transformational underwriting initiative to drive profitability across the enterprise.
As a Sr Manager you will be the subject matter expert responsible for supporting the design, strategy, and build of foundational analytical tools that drive rebate forecasting needs to support PBM pricing and underwriting functions. You will be tasked with developing a deep understanding of the business and business needs to ensure analytical requirements are accurately captured, communicated to key stakeholders, and prioritized appropriately on the project roadmap. You will support business validation testing and be responsible for performing overall data integrity checks using applications such as Tableau and Microsoft Excel. Finally, you will assist with the design and review of reporting packages created after data forecasting for utilization by downstream business partners as well as training underwriting on how to use this information to develop their pricing strategy.
This is a unique role that leverages the ability to combine business and technology acumen to operate as a leader and detail-oriented expert. The role will work closely with the leader of the ecosystem, product owners, and IT colleagues to facilitate a strong relationship to bring the vision and strategy to life through clear prioritization and value proposition for Underwriting. Additionally, a successful candidate is one that embraces change and suggests out of the box solutions that will optimize new business processes in support of our overall enterprise goal which is to improve the accuracy of forecasting logic and reduce financial leakage.
Responsibilities
Own the rebate tool product roadmap with real-time backlog management, ensuring stakeholder alignment and visibility throughout the year Manage, organize, and prioritize underwriting feedback and capabilities in the product roadmap Leverage deep understanding of the business to ensure analytical requirements are accurately captured and communicated to key stakeholders Establish and evolve data-driven insights that inform key outcomes including product health, usability, and accuracy Maintain and develop controls and standard operating procedures to ensure efficiency and structure within the application Drive reporting and training needs for downstream business partners
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
- 7+ years of professional work experience as Product Owner, Business analytics and or Technology Analytics
Preferred Qualifications
- 5+ years of professional work experience in PBM/healthcare industry, including Rebate experience (forecasting, trade, etc.)
- 3+ years leadership experience, either directly or indirectly managing a team and coaching and mentoring a diverse group of colleagues
- Excellent oral and written communications skills
- Experience prioritizing work and communicating in a manner that is clear, logical, consistent, and effective
- Strong collaboration skills and willingness to work across business units within a complex organization
- Results-oriented with ability to keep others on task to meet defined goals
- Experience building and facilitating presentations to various audiences
- Degree related to finance, mathematics, statistics, actuarial science, economics or other data related fields
Education
- Bachelor’s degree or equivalent work experience required
Pay Range
The typical pay range for this role is:
$67,900.00 - $199,144.00
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.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
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.
For more information, visit https://jobs.cvshealth.com/us/en/benefits
We anticipate the application window for this opening will close on: 01/31/2026Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
