Lead Director, Rebate Analytics and Client Value Optimization

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

We are seeking a highly skilled and experienced individual with a strong background in the PBM industry to join our team as the Lead Director, Rebate Analytics and Client Value Optimization. In this role, you will lead a team of employees, including 3 direct reports, dedicated to delivering value to the PBM via rebate guarantee adjustments, conducting client actuals to forecast variance analysis, and analyzing large sets of data to drive strategic decisions and optimize rebate performance. You will work collaboratively with stakeholders across the PBM, including sales, underwriting, finance, and others to execute solutions.

You will oversee the process of adjusting rebate guarantees to ensure accuracy and compliance with contractual agreements, collaborating with stakeholders to implement improvements and monitoring the impact on overall financial performance. You will conduct thorough variance analysis between client actuals and forecast data to identify discrepancies, develop strategies to address variances, and provide insights and recommendations to senior management. Additionally, you will pull and analyze large sets of data to support rebate guarantee adjustments and variance analysis, utilizing advanced data analysis tools to extract meaningful insights and maintaining data reporting systems for timely decision-making. Leading a team of analysts you will foster a collaborative and innovative environment, working closely with stakeholders across the PBM to execute solutions and propose process improvements, while regularly interacting with senior PBM executives to share findings and recommendations.

The ideal candidate has a deep understanding of complex PBM financials, data, and operations. He/she should have excellent communication and interpersonal skills to interact with senior PBM executives and share findings and recommendations as well as the ability to communicate complex issues clearly and concisely. The candidate should have the ability to develop and drive solutions with a high level of independence in a fast-paced environment, managing tight deadlines and competing priorities. The candidate should have proficiency in pulling and analyzing large sets of data to support rebate guarantee adjustments and variance analysis and expertise in developing, implementing, and optimizing reliable rebate management processes.

To be a candidate for this role you will possess the following:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.

Required Qualifications

• 7+ years experience leading and developing teams.
• 7+ years of experience in the PBM or Managed Care industry, with a strong understanding of rebate management and financial analysis.
• 7+ years experience in financial analysis, data analytics, or a similar role.
• Experience pulling large data sets in financial analysis and data analytics tools, such as SAS, SQL, Excel, and Tableau.

Preferred Qualifications

• ASA/FSA preferred
• Experience with rebate forecasting and modeling.
• Knowledge of industry-specific rebate practices and regulations.
• Advanced proficiency in Excel and other data analysis tools.

Education

• Bachelor's degree in Finance, Business Administration, Data Science, or a related field.

Pay Range

The typical pay range for this role is:

$100,000.00 - $231,540.00

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: 05/10/2025

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