Senior Manager, Product
CVS Health Scottsdale, Arizona, United States · $75K–$183K/yr
Hospitals and Health Care · 10,001+ employees
About the role
The Senior Manager will lead product management and development for drug cost reduction initiatives while collaborating with cross-functional teams. They are responsible for executing strategic pilots and building long-term relationships to meet organizational goals.
What they look for
Requirements
Candidates must have 7-10 years of relevant experience in strategic management or consulting roles. A bachelor's degree is required, with preference given to those holding an MBA, MPH, or PharmD.
Benefits
Full description
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.
Position Summary
The Senior Manager, Product (Trend Strategy) will be responsible for product management and development that enables effective strategy, operation, and implementation of drug cost reduction initiatives. You will assist in the creation and execution of new strategic initiatives, pilots, and products, along with development of detailed strategic analyses and proposals.
In this role, you will be required to collaborate with multiple stakeholders within CVS Caremark with a focus on successfully launching new strategies and/or products. This will include building strong long-term relationships enabling the organization to meet its specific goals. It is common for this role to work with Operations, Formulary Administration, Medical Affairs, Trade, Legal, Analytics, Sales and many other teams. The environment will be ambiguous and uncertain at times. The ideal candidate will have demonstrated success in this type of fast-paced environment, with the ability to learn on the fly while understanding and solving new problems. Success will require the ability to swerve quickly, adjust to changing circumstances, and identify creative solutions to brand new challenges. This position reports to Lead Director, PBM Product Administration.
Required Qualifications
7-10 years relevant work experience required in a setting requiring strong independent ownership and ability to think strategically to identify and improve current work processes/results (such as internal or external management consulting)
Preferred Qualifications
- Working knowledge of Caremark formularies and/or PBM operations will be valued
- Significant business, strategic and financial acumen
- Exceptional organizational skills, including the ability to manage multiple concurrent requests under tight deadlines.
- Ability to effectively communicate with both senior and junior audiences, including influencing executives, presenting to large audiences with lots of questions, and translating complex quantitative considerations to a message that non-quantitative colleagues can easily understand.
- Excellent interpersonal and collaboration skills, with a positive attitude and a growth mindset
- Ability to self-prioritize and work independently
- Ability to balance the needs of multiple stakeholders simultaneously, including partners that have conflicting objectives.
- Strong working knowledge of MS Office applications such as Excel, PowerPoint and Word
- Positive attitude and a growth mindset
Education
- Required: Bachelor's degree or equivalent years of related experience.
- Preferred: Advanced degree such as MBA, MPH, or PharmD
Pay Range
The typical pay range for this role is:
$75,400.00 - $182,549.00 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 offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
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. The benefits for this position 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.
We anticipate the application window for this opening will close on: 10/04/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
