Rebate Forecast Product Owner

at CVS Health in Springfield, Illinois, United States

Job Description

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.

Position SummaryAs a Rebate Forecast Product Owner you will be the subject matter expert responsible for supporting the design, strategy, and build of foundational analytical tools that drive rebate forecasting needs to support PBM pricing and underwriting functions. You will be tasked with developing a deep understanding of the business and business needs to ensure analytical requirements are accurately captured by your technical counterpart, communicated to key stakeholders, and prioritized appropriately on the project roadmap. You will provide suggested business validation testing and be responsible for performing overall data integrity checks using applications such as Tableau and Microsoft Excel. Finally, you will assist with the design and review of reporting packages created after data forecasting for utilization by the rebate forecast team.


+ Leverage deep understanding of the business to ensure analytical requirements are accurately captured and communicated to key stakeholders/technical partners

+ Support the design, strategy and build of analytical tools

+ Ensuring leadership alignment and visibility throughout the year for rebate product roadmap

+ Establishing controls and standard operating procedures to create efficiency and structure within the application including managing updates to rebate assumptions

+ Suggest business validation testing as well as analytical comparisons to ensure we are hitting out financial goals including running parallel testing

+ Drive reporting and training needs for downstream business partners

+ Ensure cross-functional alignment across both legacy and new applications to ensure consistency

Required Qualifications

+ 5+ years of professional work experience in PBM/healthcare industry

+ 3+ years leadership experience, either directly or indirectly managing a team and coaching and mentoring a diverse group of colleagues

+ 3+ years of analytical experience (Excel, SAS, SQL)

Preferred Qualifications

+ Rebate forecasting experience (forecasting, trade, etc.)

+ Excellent oral and written communications skills

+ Experience prioritizing work and communicating in a manner that is clear, logical, consistent, and effective

+ Prior experience as working on the optimization of financial applications with a customer centric approach

+ Innovative mindset and ability to work outside of established boundaries

+ Strong collaboration skills and willingness to work across business units within a complex organization

+ Results oriented with ability to keep others on task to meet defined goals

+ Experience working with IT and Scrum methodology

+ Experience building and facilitating presentations to various audiences

+ Degree related to finance, mathematics, statistics, actuarial science, economics or other data related fields


+ Bachelors degree required

Pay Range

The typical pay range for this role is:

$79,200.00 – $170,800.00

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

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 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.

Copy Link

Job Posting: JC250811928

Posted On: Nov 08, 2023

Updated On: Dec 16, 2023

Please Wait ...