Sr. Manager, Contract Management

Sr. Manager, Contract Management –
CVS Health

As the nation’s leading health solutions company, CVS Health is building a world of health around every consumer. This role ensures close collaboration with internal partners to monitor client contracts related to market events and maintain standard contract language across all lines of business. The Sr. Manager will work closely with Sales and Account Services, Underwriting, Legal, Proposals, Government and Regulatory Affairs and occasionally engage with external clients, prospective clients, attorneys, and consultants.

The role also sustains the process of standards within contracts and supports actions to align tools to meet execution needs. Prior PBM underwriting, proposals or health‑care contracting experience is preferred but not required.

• Identify, maintain and implement standards across the team and collaborative teams.
• Understand pricing, financial terms and commitments, and other contractual commitments and standard operating practices.
• Serve as an “expert” on contractual commitments in proposals, ensuring template documents align with RFP proposals, underwriting assumptions and intent.
• Collaborate with internal partners to capture pricing and financial commitments as part of new PBM client contracts and amendments.
• Manage BOB‑related market events and contractual impacts from identification, strategy development, client communication and execution.
• Develop and maintain standards of PBM pricing strategies, definitions, and related information to represent the proposals and underwriting team in the contracting process.
• Provide consultation and recommendations in support of developing and executing on contracting strategy.
• Ensure all template financial terms are captured and cascaded to relevant internal partners for visibility, implementation, and ongoing support.
• Identify and implement process improvements, enhancements, and tool enhancements on an ongoing basis.

• 7+ years of work experience in relevant areas such as Finance, Sales or Legal within a large corporate environment.
• Proficiency with standard documentation tools (Word, PowerPoint, SharePoint).
• Proficiency with standard analysis tools such as Access, Excel and Tableau.

• Prior PBM underwriting, proposals and/or health‑care contracting experience.
• Existing PBM subject‑matter expertise.
• Strong contractual and financial analytical abilities.

Bachelor’s Degree or equivalent work experience required.

Typical pay range: $67,900.00 – $ per year. 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 experience, education, geography and other factors. This position is eligible for a bonus, commission or short‑term incentive program in addition to the base pay range and also includes an award target in the company’s equity award program.

• Affordable medical plan options, 401(k) plan with company match and employee stock purchase plan.
• No‑cost programs for all colleagues: wellness screenings, tobacco cessation, weight management, confidential counseling and financial coaching.
• Benefit solutions addressing various needs: paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and more (subject to eligibility).

This opening will close on: 01/31/2026.

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