Manager, Pricing Strategy

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.

The Manager, Pricing Strategy will play a critical role in supporting the design, execution, and ongoing operation of pricing strategies. This role sits at the intersection of analytics, documentation, and project execution—ensuring pricing models are used correctly, enhancements are clearly specified, and cross functional initiatives move forward efficiently.

The ideal candidate is highly detail oriented, comfortable working with pricing models and data, and equally strong in written communication and stakeholder coordination. This role is designed to reduce friction across Underwriting, IT, Modeling, and Pricing Strategy by creating structure, discipline, and clarity around day to day execution.

• Underwriting Enablement & Job Aids
• Own and maintain job aids and work instructions for Underwriters on proper use of pricing models.
• Translate technical model logic into clear, practical guidance that supports consistent and accurate usage.
• Partner with Pricing Strategy, Modeling, and Underwriting leadership to keep job aids aligned with the latest pricing approaches and enhancements.
• Requirements Definition & Model Enhancements
• Develop clear, structured requirements documents for IT and modeling teams to support enhancements to pricing models and related pricing tools.
• Act as a liaison between business stakeholders and technical teams—ensuring requirements are well understood, properly scoped, and aligned with pricing objectives.
• Support prioritization and sequencing of enhancements across multiple in-flight initiatives.
• FAF Enhancement Intake & Governance
• Complete and manage FAF enhancement intake forms for updates to client pricing documents.
• Ensure submissions are complete, accurate, and aligned with approved pricing strategies before they move into downstream build or execution.
• Track enhancement requests through review, approval, and implementation phases.
• Communication & Initiative Tracking
• Support structured communication tracking and follow-up for key pricing initiatives (e.g., % of invoiced rebates).
• Manage working groups, action logs, and status updates to ensure initiatives continue moving forward without relying on ad-hoc follow-ups.
• Create lightweight governance and reporting discipline around open items, owners, and next steps.
• Welcome Season & Quality Assurance
• Provide quality checks during welcome season by reviewing client pricing documents and Underwriting model outputs for accuracy and consistency.
• Identify issues early and coordinate corrections with Underwriting, Pricing Strategy, and Modeling teams.
• Serve as an escalation point for pricing document or model inconsistencies.
• Metric & Performance Tracking
• Monitor and report on pricing model performance metrics, including adoption, usage accuracy, and financial outcomes.
• Develop recurring tracking views that support leadership visibility and informed decision-making.
• Help identify trends, risks, or gaps that require follow-up or model adjustments.
• External Benchmarking & Pricing Comparisons
• Perform pricing comparisons between Caremark pricing outputs and external reference points (e.g., Trump Rx / DTC pricing benchmarks).
• Support pricing intelligence efforts by contextualizing internal pricing relative to market benchmarks.
• Summarize findings in clear, decision-ready formats for internal stakeholders.

Required Experience

• 5+ years experience working with pricing models, financial data, project management or healthcare / PBM analytics.
• Experience translating complex technical concepts into plain-language guidance.

Preferred Background

• Experience in pricing strategy, underwriting support, healthcare analytics, or PBM-related roles
• Familiarity with PBM…