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Sr Mgr, Formulary Strategy and Operations Project Manager

at CVS Health in Northbrook, Illinois, United States

Job Description

Job Description

Do you want to make a large impact in your next role? Join CVS Health, a Fortune 5 company, as a Senior Project Manager of Formulary Strategy and Operations! As a Senior Project Manager of Formulary Strategy and Operations, you will assume a highly visible role within the Trade organization that drives strategic initiatives and operational execution in support of critical operational processes and strategic initiatives. As the pharmacy benefit landscape changes with new high-cost therapies, increasing pressure to reduce pharmacy costs and the evolving policy landscape, the right person for this role is a highly motivated, organized individual who can balance engagement in various high-priority initiatives. You will work closely across a variety of business units and levels to ensure successful identification, development, management, and ultimately completion of tasks required to deliver on projects and initiatives. You will develop processes, project management status dashboards, and other tools to deliver actionable insights and status reports to Formulary Strategy and Operations leadership and in some cases the broader Trade organization. The role will entail working with internal Trade and cross-functional partners to develop tools, provide project management support, and liaise with teams supporting reporting to deliver critical reports and ad hoc strategic analyses. Cross-functional partners may include members from Product, Finance, Underwriting, Specialty Pharmacy, Clinical and Medical teams.Primary responsibilities:• Partner with the Executive Director of Formulary Strategy and Operations to manage strategic initiatives for the Trade Team, including working in a cross-functional team environment on multiple projects simultaneously• Develop foundational materials to proactively define and manage projects such as charters, status trackers, and project management frameworks• Ensure the end state of various projects meets business objectives and that all deliverables and due dates are met• Manage key governance for the Formulary Strategy and Operations team, such as weekly team meetings and project status checkpoints• Identify issues that may stall project and works with relevant partners to address such issues• Track progress and communicate project status on a regular basis to all impacted parties• Build communication plans for implementation to ensure all impacted parties are informed of next steps for completion• Provide project management surge support during high-volume time periods during the annual bid process • Support framing of decks/analyses for an executive-level audience, including managing working with cross-functional partners to identify any data needs • Upkeep reporting and documentation on file-sharing tools as needed (i.e. Teams, SharePoint, etc.)To be successful, you will utilize your ability to create and manage effective tools to drive efficient operations, as well as your experience coordinating across cross-functional teams with the ability to identify critical issues. Join the company helping people on their path to better health! Our organization offers a competitive benefit package including vacation and holiday paid time off, health/dental/vision insurance, work/life balance, employee discounted stock purchase program, 401K, tuition reimbursement, and employee discounts at all CVS stores.

Pay Range

The typical pay range for this role is:

Minimum: 75,400

Maximum: 162,700

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.

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

Required Qualifications

• 7+ years of experience leading large, cross-functional projects within healthcare/PBM, account services, customer service, or related industry• Excellent project management skills with ability to lead and engage in multiple projects and initiatives and appropriately, prioritize her/his own time, and adjust priorities as needed to meet deadlines• Experience holding project teams accountable and driving projects to completion• Excellent organization and time management skills• Mature decision-making, analytical, oral and written communication, and presentation skills; advanced MS office skills • Highest level of attention to detail when working within legal and compliance regulations, while working with sensitive, confidential, and protected data

Preferred Qualifications

• Project Management Professional (PMP) certification• Experience in managed care which may include PBM, Pharma, market access, account management, specialty pharmacy, or health plan experience.• Experience using lean process tools and leading process improvement exercises

Education

• Bachelor’s degree in business operations, healthcare management, or related field required• MBA, Master’s Degree, or PhD preferred

Business Overview

Bring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand – with heart at its center – our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. 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. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.

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Job Posting: JC238782057

Posted On: Apr 24, 2023

Updated On: Jun 23, 2023

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