Manager, Pricing Strategy

Job Summary

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.

• 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.

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

• Experience in pricing strategy, underwriting support, healthcare analytics, or PBM‑related roles.
• Familiarity with PBM pricing models, rebate methodologies, or drug‑level price analysis.
• Comfort interpreting model outputs, identifying anomalies, and validating assumptions.
• Strong ability to produce clear, structured documentation (job aids, requirements, intake forms).

Bachelor’s degree or equivalent relevant professional work experience required.

Anticipated Weekly

Hours:

40
Time Type:
Full time
Pay Range:
The typical pay range for this role is $66,330.00 – $. This 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 full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. Benefits include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility. Additional details about available benefits are provided during the application process and on Benefits Moments.

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