Sr Manager, Data Science

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
The Sr Mgr, DS role within CVS Health is on the front line of driving innovation and directly impacting business decisions. This role falls within the Finance Analytics team and will focus on leading an operations team that helps the PBM business meet its client and pharmacy financial guarantees. This team works on ML, forecasting, and optimization models (linear and mixed integer programming techniques) to optimize drug-level pricing tied to 95 million Americans. The models are designed to meet financial guarantees contracted by Caremark with its clients and pharmacy partners by optimizing drug prices while adhering to several regulatory and business constraints. The outcomes of these models (recommended drug prices) have delivered over $100M in value to Caremark.

Key Responsibilities:

Directs activities of data scientists, providing guidance, mentorship, and performance management to drive excellence in data science projects and deliverables.

Collaborates with business partners to understand their problems and goals, develop predictive modeling, statistical analysis, data reports and performance metrics

Develops and participates in presentations and consultations to existing and prospective constituents on analytics results and solutions

Anticipates and prevents problems and roadblocks before they occur

Strong knowledge of advanced analytics tools and languages to analyze large data sets from multiple data sources

Required Qualifications

Demonstrates strong ability to communicate technical concepts and implications to business partners

Ability to handle multiple, complex projects in a deadline-driven environment

Advanced degree in quantitative field

Excellent analytical and problem-solving skills

Strong oral and written communication skills

Minimum 3 years experience leading a team

Adept at execution and delivery (planning, delivering, and supporting) skills

Adept at business intelligence (knowledge of Tableau or similar)

Preferred Qualifications

• High levels of self-motivation and attention to detail
• Experience working in healthcare industry
• Mastery of problem solving and decision making skills
• Mastery of growth mindset (agility and developing yourself and others) skills
• Experience with Agile Methodology
• Education
• Master degree or PhD in a quantitative field like Maths, Statistics, Information Systems, Computer Science, Data Science, etc.

Pay Range

The typical pay range for this role is:

$118,450.00 - $236,900.00

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: 04/22/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.