Executive Director for PBM Underwriting, Client Pricing Hub, and Trade Technology

Posted:
11/13/2024, 4:00:00 PM

Location(s):
Illinois, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
IT & Security ⋅ Product

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary
The executive director, Technology PBM Underwriting, Client Pricing Hub, & Trade  leads the organization that develops and operates the systems and processes for PBM client underwriting, client contract management and trade products for CVS Health.  This leader collaborates with the business stakeholders, vendors, and external partners to align the technology solutions with the strategic goals and objectives.   Underwriting has been undergoing a significant technology driven transformation.  This is a multi year roadmap impacting all client contract underwriting and flowing into client contract management. 

  • Provide vision, direction, and guidance to the technology organization for the Underwriting, Client Pricing Hub, and Trade teams, optimizing, and aligning the IT resources, capabilities, and processes with the business needs and expectations.
  • Collaborate across technology and business to lead the product transformation.
  • Manage the delivery of the IT initiatives, ensuring the quality, design, timeliness, and budget adherence, and meeting the key OKRs and KPIs.
  • Manage the IT budget, resources, and vendors delivering the IT projects and services in alignment with OKRs
  • Collaborate with the Value Pool leader and product stakeholders to understand their needs and expectations. Provide strategic guidance and support for the IT solutions.
  • Establish and maintain effective communication and collaboration with the business stakeholders, vendors, and external partners, meeting the business requirements and expectations, and resolving any issues or escalations.
  • Ensure the compliance of the systems and applications with the company policies, standards, and regulations, and identify, assess, and mitigate risks and controls.
  • Drive the innovation and continuous improvement solutions, leveraging best practices, industry trends, and emerging technologies.
  • Develop and mentor the team fostering a culture of excellence, accountability, agility, and innovation, and enhancing their skills and competencies.


Required Qualifications

  • 15+ Years of leadership experience in matrixed organization spanning technical, leadership and application development
  • 10+ years of leading fullstack engineering teams or similar experience
  • 10 + years of defining and leading the execution of the long-term technology strategy management and delivery
  • 10 + years of managing a large and diverse team to deliver business value through technology and world class support
  •  5 + years of Fiscal Management of capital and operating expense budgets
  • 10+ years of partnering across the organization and lead enterprise initiatives.

Preferred Qualifications

  • Strong knowledge and experience in IT vendor management, and IT service management methodologies and frameworks.
  • Demonstrated leadership through transformation initiatives
  • Proven experience in a product led transformation and mature operations.
  • Strong people leadership capabilities with a strong ability to build a high performing team through formal training, diverse assignments, coaching, mentoring, and other techniques.
  • Strong communication, collaboration, and stakeholder management skills, with the ability to influence and negotiate at all levels.
  • Strong analytical, problem-solving, and decision-making skills, with the ability to drive innovation and continuous improvement.



Education

Bachelor's degree in computer science, information systems, or related field, or equivalent work experience.

Pay Range

The typical pay range for this role is:

$175,100.00 - $334,750.00


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. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies. 
 
For more detailed information on available benefits, please visit Benefits | CVS Health

We anticipate the application window for this opening will close on: 12/31/2024

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