Senior Manager, Underwriting Product Management, CVS Health

CVS Health

Location:
United States

Category:
Finance

Contract Type:
Employment contract

Salary:

67900.00 - 199144.00 USD / Year

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Job Description:

As Senior Manager, Underwriting Product Manager, you will be responsible for leading the ideation, solutioning, and delivery of major new capabilities for CVS Caremark's PBM pricing/underwriting model and related software tools. You'll provide support to Client Financial Analysis and Optimization (CFAO) users and help maintain existing model functionality and accuracy. This role is business-oriented and positioned prominently between our internal users and technology organization.

Job Responsibility:

Leading the ideation, solutioning, and delivery of major new capabilities for CVS Caremark's PBM pricing/underwriting model and related software tools
Providing support to Client Financial Analysis and Optimization (CFAO) users and help maintain existing model functionality and accuracy
Managing key pieces of our technology roadmap, prioritizing product backlogs, ideating best-in-class solutions and UX designs, and unblocking and optimizing delivery in an agile SDLC environment
Acting as a primary business SME for our technology partners to define requirements, prompt UX designs, collaborate on solutions from our product managers, designers, and engineers, and lead user acceptance testing (UAT)
Leading major development workstreams from the business perspective to deliver state-of-the-art software tools that are reliable, highly usable, and accurate
Fostering strong relationships with the PBM finance team to facilitate systems integrations, forecasting, client profitability efforts, and financial governance of underwriting activities
Leading collaborative discussions that are highly complex both technically and financially
Leading demonstrations to large audiences in a clear and engaging manner to build confidence and excitement in the tools we are developing
Envisioning elegant solutions to complex UX workflows and communicating these requirements to designers in a way that generates experiences users will love
Developing and exercising expert knowledge of the PBM industry, current and emerging pharmacy strategies, CVS Caremark enterprise offerings, drivers of CVS Caremark enterprise revenue/profitability, and drivers of client revenue/profitability

Requirements:

7+ years professional work experience
5+ years experience in financial product development, financial/pricing analysis, and/or underwriting
Bachelor's degree or relevant professional work experience
Bachelor's degree in business, finance, economics, engineering or computer science preferred

Nice to have:

2+ years PBM experience in underwriting, analytics, or product management
Experience successfully operating in agile SDLC environments
Experience managing highly complex projects

What we offer:

Affordable medical plan options
401(k) plan with matching company contributions
Employee stock purchase plan
No-cost wellness screenings
Tobacco cessation and weight management programs
Confidential counseling and financial coaching
Paid time off
Flexible work schedules
Family leave
Dependent care resources
Colleague assistance programs
Tuition assistance
Retiree medical access

Additional Information:

Job Posted:
October 15, 2025

Expiration:
November 14, 2025

Employment Type:

Fulltime

Work Type:

Remote work

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Senior Manager, Underwriting Product Management