Sr. Manager, Pricing Strategy

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.

• →Strategic Development: Lead the development of pricing strategies that align with CVS Caremark’s overall business objectives and market positioning. Identify opportunities for innovative pricing approaches that enhance profitability and competitiveness.
• →Collaboration with Underwriting: Work closely with the underwriting team to develop and integrate pricing strategies that reflect the organization’s objectives.
• →Market Analysis: Work with our business partners to identify trends and opportunities for differentiation. Utilize insights to inform pricing decisions and strategies.
• →Data-Driven Decision Making: Leverage data analytics to assess the effectiveness of pricing strategies and make informed recommendations for adjustments. Monitor key performance indicators (KPIs) to evaluate the impact of pricing initiatives.
• →Pricing Model Innovation: Develop and implement new pricing models that drive value for both CVS Caremark and its clients.
• →Cross-Functional Leadership: Collaborate with various departments, including sales, marketing, finance, and operations, to ensure alignment and support for pricing strategies. Facilitate communication and knowledge sharing across teams.
• →Stakeholder Engagement: Present pricing strategies and recommendations to senior leadership and key stakeholders. Build strong relationships with internal partners to foster collaboration and support for pricing initiatives.
• →Regulatory Compliance: Ensure that all pricing strategies comply with relevant regulations and industry standards. Stay informed about changes in the regulatory landscape that may impact pricing.

• 7+ years of experience in pricing strategy, financial analysis, or a related field, preferably within the healthcare or pharmacy benefit management industry.

• Proven track record of developing and implementing successful pricing strategies that drive business growth.
• Excellent analytical skills with the ability to interpret complex data and market trends.
• Strong leadership and interpersonal skills, with the ability to influence and collaborate across teams.
• Exceptional communication skills, both written and verbal, with the ability to present complex information clearly and persuasively.

• Bachelor’s degree in Business, Finance, Economics, or a related field; MBA or advanced degree preferred or equivalent specialized training/relevant professional experience.

The typical pay range for this role is: