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Position SummaryThe executive director, Technology PBM Rebates, Client Reporting, & Pricing leads the organization that develops and operates the systems and processes for PBM rebate operations, pricing operations and client reporting products for CVS Health. This leader collaborates with the business stakeholders, vendors, and external partners to align the technology solutions with the strategic goals and objectives. Rebates is undergoing a significant transformation to reimagine the end-to-end process of the rebate ecosystem. This is inclusive of technology, process, and product re-invention. The rebates transformation and client reporting make up a large portion of the Financial Value Pool investment and a significant portion of the Top strategic programs for the PBM. The rebate system process over 6 billion dollars in invoices and payments monthly for the PBM. The executive director, Technology PBM Rebates, Client Reporting, & Pricing leads the organization that develops and operates the systems and processes for PBM rebate operations, pricing operations and client reporting products for CVS Health. This leader collaborates with the business stakeholders, vendors, and external partners to align the technology solutions with the strategic goals and objectives. Rebates is undergoing a significant transformation to reimagine the end-to-end process of the rebate ecosystem. This is inclusive of technology, process, and product re-invention. The rebates transformation and client reporting make up a large portion of the Financial Value Pool investment and a significant portion of the Top strategic programs for the PBM.

Key Responsibilities

• Provide vision, direction, and guidance to the technology organization for the rebates, pricing, and client reporting teams, optimizing, and aligning the IT resources, capabilities, and processes with the business needs and expectations.

• Collaborate across technology and business to lead the product transformation.

• Manage the delivery of the IT initiatives, ensuring the quality, design, timeliness, and budget adherence, and meeting the key OKRs and KPIs.

• Manage the IT budget, resources, and vendors delivering the IT projects and services in alignment with OKRs

• Collaborate with the Value Pool leader and product stakeholders to understand their needs and expectations. Provide strategic guidance and support for the IT solutions.

• Establish and maintain effective communication and collaboration with the business stakeholders, vendors, and external partners, meeting the business requirements and expectations, and resolving any issues or escalations.

• Ensure the compliance of the systems and applications with the company policies, standards, and regulations, and identify, assess, and mitigate risks and controls.

• Drive the innovation and continuous improvement solutions, leveraging best practices, industry trends, and emerging technologies.

• Develop and mentor the team fostering a culture of excellence, accountability, agility, and innovation, and enhancing their skills and competencies.

Required Qualifications

• 15+ Years of leadership experience in matrixed organization spanning technical, leadership and application development

• 10+ years of leading fullstack engineering teams or similar experience

• 10 + years of defining and leading the execution of the long-term technology strategy management and delivery

• 10 + years of managing a large and diverse team to deliver business value through technology and world class support

• 5 + years of Fiscal Management of capital and operating expense budgets

• 10+ years of partnering across the organization and lead enterprise initiatives.

Preferred Qualifications

• Strong knowledge and experience in IT vendor management, and IT service management methodologies and frameworks.

• Demonstrated leadership through transformation initiatives

• Proven experience in a product led transformation and mature operations.

• Strong people leadership capabilities with a strong ability to build a high performing team through formal training, diverse assignments, coaching, mentoring, and other techniques.

• Strong communication, collaboration, and stakeholder management skills, with the ability to influence and negotiate at all levels.

• Strong analytical, problem-solving, and decision-making skills, with the ability to drive innovation and continuous improvement.

Education Bachelor's degree in computer science, information systems, or related field.

Pay Range

The typical pay range for this role is:

$175,100.00 - $334,800.00

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. In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies. For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 07/29/2024

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through ColleagueRelations@CVSHealth.com If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.

We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.