Pricing Optimization - Senior Manager at CVS Health

Woonsocket, Rhode Island, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, PharmacyIndustries

Requirements

Thorough knowledge of price optimization tools, user functionality, and modeling logic
Understanding of business strategy and DDAT strategy to address pricing gaps across all 50 categories
Proficiency in working with data to develop measures, metrics, and actionable insights, including first-level analyses to identify trends
Strong influencing skills at all levels, up to cross-functional SVPs
Excellent written and oral communication skills, with strong presentation skills
Ability to drive efficient planning processes with strong project management discipline across boundaries
Capability to be adaptable, maintain a positive attitude through challenges, and act as a capable leader

Responsibilities

Serve as primary contact for Pricing Managers, providing support with optimization, troubleshooting issues, and best-practice guidance
Consult with Pricing Managers on translating category/pricing strategies into scenario inputs (objective functions, guardrail constraints), assessing/comparing outputs, refining model inputs, and resolving infeasibilities
Interface with Data Science, Data Engineering, and platform teams on issues from Pricing Managers during scenario testing, providing feedback on tool performance, user experience, and improvements
Establish a clear, prioritized activity roadmap to deliver company ambitions, including changes in products, policies, or processes, with collaboration across stakeholders
Facilitate training and knowledge sharing to elevate the team's proficiency with the optimization tool
Drive adoption of appropriate optimization techniques and new capabilities to advance CVS's value proposition
Assign appropriate timelines and accountabilities for items, empowering the team

Skills

Price Optimization

Pricing Tools

Data Modeling

Data Science

Data Engineering

Business Strategy

Merchandising

Troubleshooting

Influencing

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.

Woonsocket, Rhode IslandHeadquarters

1963Year Founded

DEBTCompany Stage

Healthcare, Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Risks

Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.

The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.

The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.

Differentiation

CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.

The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.

CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.

Upsides

Expansion of telehealth services allows CVS to reach more patients remotely.

Increased consumer interest in wellness boosts demand for CVS's health-related products.

The trend towards value-based care aligns with CVS's integrated healthcare approach.

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