Manager, Assumptions Governance

. Primary responsibilities include understanding, assessing, and implementing financial and utilization assumptions and artifacts; leveraging a combination of data driven insights and market dynamics to validate and vet assumptions; leverage market leading tools for the CFAO & PBM Finance organizations to review and maintain assumptions and artifacts; and communicating to business partners.Additionally, this position will:

• Manage assumptions across the PBM organization including finance, supply chain and other key areas. Partner with Business resources to gather, refine and evaluate assumptions and artifacts to impact the Underwriting process.

• Foster strong links to the PBM finance team regarding forecasting assumptions, client profitability efforts, and financial governance of underwriting activities.

• Support discussions that are highly complex financially.

• Play a critical role in creating a pricing governance structure to ensure financial objectives and process excellence are both met while meeting challenging deadlines and expectations driven by the marketplace.

• Prioritize effectively and efficiently to meet internal and external customer needs.

• Respond to inquiries involving assumptions to ensure accuracy and precision.

• Support the presentation of information to Executive Leadership. Respond to questions in real-time in support of their review and approval.

• Participate in peer reviews of high complex data requests to validate that modeled data and related analytic deliverables match and satisfy business requirements.

• Assist in ad-hoc analysis.

The successful candidate will have a track record that demonstrates the following abilities: working successfully in a cross-matrix environment, adapting and performing in a dynamic and changing environment, developing and leveraging a comprehensive understanding of CVS Caremark's enterprise assets, developing a deep understanding of internal and external assumptions, maintaining high levels of customer satisfaction, constantly striving to innovate and improve processes and applying financial and analytical expertise to make informed recommendations and decisions.Required Qualifications:

• 5+ years professional experience process and change management, Financial modeling, financial analysis and/or program management.

Preferred Qualifications:

• Strong understanding of PBM or healthcare industry
• Experience working within matrix organization collaborating to create meaningful predictive analytics.
• Strong understanding of, or experience with, internal and external facing pricing and analytics teams.
• Ability to innovate, develop, and implement new products or solutions requiring collaboration with internal partners. Demonstrated success developing effective relationships with key internal partners across the enterprise.
• Working knowledge of relational databases and warehouses; SQL, Python or other reporting languages.
• Experience managing complex projects in a matrix environment.
• Ability to summarize complex financial analysis and support recommendations in presentations to Executive Leadership.
• Ability to work independently in a fast-paced environment and manage tight deadlines.
• Proficient in SQL and Microsoft Office.

Education:

• Bachelors Degree in a relevant discipline, such as finance, mathematics, business or other related field required or equivalent work experience.

Anticipated Weekly Hours
40Time Type
Full timePay Range

The typical pay range for this role is:$54,300.00 - $159,120.00This 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.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 peopleWe 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/benefitsWe anticipate the application window for this opening will close on: 06/30/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.