Business Product Manager, CFS
Hispanic Alliance for Career Enhancement, Chicago, IL, United States
Job 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.
As a Caremark Forecasting Service (CFS) Business Product Manager, you will play a vital role in delivering high‑quality, compassionate care and support to our customers, patients, and communities. We are looking for purpose‑driven individuals who are passionate about making a difference and thrive in a collaborative, inclusive, and innovative environment.
CVS Caremark Leadership has tasked leaders from across the company to execute on a robust initiative, Connected PBM Ecosystem, which aims to transform how we operate while solving for financial leakage. Each of the seven workstreams within the initiative tackle a different problem area that has caused significant leakage. This role is to be a Business Product Manager for the CFS. CFS will be a single service that allows all areas of the company to forecast rebates using the same data, assumptions, and methodologies. This service will leverage all SSOTs generated within the Connected PBM Ecosystem (Rebate Rate SSOT, Assumptions SSOT, Client Commitment SSOT) along with already established SSOTs like RulesHub. We have five end users: Underwriting (UW), Financial Change Order (FCO), Finance/FP&A, Custom Formulary Consultants (CFC), and Trade.
What you will do
Collaborate cross‑functionally with technical and business partners to build a first‑in‑class service for our end users
Work with our end users:
During the product roadmap to ensure that all parties are updated and engaged in the service's development
Following the build to aid in creating a smooth adoption process and provide exceptional product support
Design technical solutions for actuarial/forecasting issues and concerns
Aid in the organization and coordination of internal deliverables to ensure that executive sponsors are bought in and that our work aligns with the needs and direction of our business
Required Qualifications
7+ years of product management experience, with a focus on data‑driven products or tools
Preferred Qualifications
PBM Experience
Exceptional communication, problem‑solving, project management and organizational skills.
Hands‑on experience managing cross‑functional teams, and executing product roadmaps
Competence in writing/managing product requirements and roadmaps
Post‑launch product support experience
Educational Qualifications
Bachelors degree or equivalent professional work experience required
Benefits
Competitive pay and benefits
Career development and advancement opportunities
Inclusive and supportive work culture
Commitment to health, wellness, and community impact
Pay Range
The typical pay range for this role is: $67,900.00 - $182,549.00. 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.
We are proud to be an equal opportunity and affirmative action employer. We do not discriminate in hiring or employment based on race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability.
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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.
As a Caremark Forecasting Service (CFS) Business Product Manager, you will play a vital role in delivering high‑quality, compassionate care and support to our customers, patients, and communities. We are looking for purpose‑driven individuals who are passionate about making a difference and thrive in a collaborative, inclusive, and innovative environment.
CVS Caremark Leadership has tasked leaders from across the company to execute on a robust initiative, Connected PBM Ecosystem, which aims to transform how we operate while solving for financial leakage. Each of the seven workstreams within the initiative tackle a different problem area that has caused significant leakage. This role is to be a Business Product Manager for the CFS. CFS will be a single service that allows all areas of the company to forecast rebates using the same data, assumptions, and methodologies. This service will leverage all SSOTs generated within the Connected PBM Ecosystem (Rebate Rate SSOT, Assumptions SSOT, Client Commitment SSOT) along with already established SSOTs like RulesHub. We have five end users: Underwriting (UW), Financial Change Order (FCO), Finance/FP&A, Custom Formulary Consultants (CFC), and Trade.
What you will do
Collaborate cross‑functionally with technical and business partners to build a first‑in‑class service for our end users
Work with our end users:
During the product roadmap to ensure that all parties are updated and engaged in the service's development
Following the build to aid in creating a smooth adoption process and provide exceptional product support
Design technical solutions for actuarial/forecasting issues and concerns
Aid in the organization and coordination of internal deliverables to ensure that executive sponsors are bought in and that our work aligns with the needs and direction of our business
Required Qualifications
7+ years of product management experience, with a focus on data‑driven products or tools
Preferred Qualifications
PBM Experience
Exceptional communication, problem‑solving, project management and organizational skills.
Hands‑on experience managing cross‑functional teams, and executing product roadmaps
Competence in writing/managing product requirements and roadmaps
Post‑launch product support experience
Educational Qualifications
Bachelors degree or equivalent professional work experience required
Benefits
Competitive pay and benefits
Career development and advancement opportunities
Inclusive and supportive work culture
Commitment to health, wellness, and community impact
Pay Range
The typical pay range for this role is: $67,900.00 - $182,549.00. 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.
We are proud to be an equal opportunity and affirmative action employer. We do not discriminate in hiring or employment based on race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability.
#J-18808-Ljbffr