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 Summary

The Business Product Owner, Data Products will own the project roadmap and backlog for the team responsible for all data supporting pricing for the PBM.

This is a unique role that leverages the ability to combine business and technology acumen to operate as a leader and detail-oriented expert. The role will work closely with application subject matter experts and IT colleagues to facilitate a strong relationship to bring the vision and strategy to life through clear prioritization and value proposition for Underwriting. You will be tasked with developing a deep understanding of the business and business needs to ensure analytical requirements are accurately captured, communicated to key stakeholders, and prioritized appropriately on the project roadmap. Additionally, a successful candidate is one that embraces change and suggests out of the box solutions that will optimize new business processes in support of our overall enterprise goal which is to improve the accuracy of forecasting logic and reduce financial leakage.

Responsibilities

Own the data forecasting and rebate application product roadmap with real-time backlog management, prioritize its items to achieve Objectives and Key Results (OKRs), ensuring stakeholder alignment and visibility throughout the year Defines product requirements, create and validate user story acceptance criteria, defines and ensures appropriate testing frameworks for product features, Optimize resource management to complete projects and achieve OKRs. Clear commutation of ‘the story’ and trade-offs with stakeholders.   Partners with business technology to create technical features that are required to continuously optimize system components and underline infrastructure maintenance.  Builds a culture of accountability and ownership by empowering the product team to make decisions as close to the work as possible. Manage dependencies with other team’s functions while identifying, building, and managing strategic partnership across different product teams.  Develop controls and standard operating procedures to create efficiency and structure within the application Ensure customer-driven design considering user pain points and usability test results, while using market and industry knowledge to deliver a well-positioned product Effectively manage stakeholders across product / portfolio, customer, and executive leadership groups

Required Qualifications

• 7+ years experience working within Project Management, Data Analytics and/or Financial experience including underwriting, forecasting or similar discipline
• 3+ years leadership experience, either directly or indirectly managing a team and coaching and mentoring a diverse group of colleagues

Preferred Qualifications

• 3+ years experience IT and Scrum methodology
• Strong communication skills with ability to communicate complex messages and trade-offs and tell a compelling story (both in 1-on-1 settings as well as in presenting to big groups)
• Professional work experience in PBM/healthcare industry
• Rebate experience (forecasting, trade, etc.)
• Analytical experience (excel, Tableau)
• Experience prioritizing work and communicating in a manner that is clear, logical, consistent, and effective
• 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 building and facilitating presentations to various audiences

Education

• Bachelor’s degree or equivalent work experience

Business Overview

At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited 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.

This role may be located out of our offices in Northbrook, IL, Scottsdale, AZ or Woonsocket, RI. We are also open to a work from home/fully remote arrangement as well.
 

Our organization offers a competitive benefit package including vacation paid time off, holiday/sick time, 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:

$67,900.00 - $199,144.80

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 Benefits | CVS Health

We anticipate the application window for this opening will close on: 05/31/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.