C

CVS Health

Runs pharmacies, health plans and clinics

Senior Manager - Software Development Engineering, Claims Adjudication

Full-TimeDeadline 10/30/26
$118.5k - $236.9k+ Bonus + Commission + Short-term incentive program + Equity award target
Expert
Bachelor's
Richardson, TX, USA
HybridRemote or hybrid work arrangement; the posting does not clarify whether fully remote work is available.
Engineering ManagementEngineering Leadership
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • At least 7 years of information technology experience, including leadership and development management experience in core development and delivery areas.
  • At least 7 years of experience with information technology principles, development methodologies, and platforms, applications, or software products.
  • At least 7 years of experience mentoring and supervising full-time employees’ work and career development, as well as managing onsite and offshore vendor relationships.
  • At least 5 years of experience handling customer expectations and building relationships.
  • At least 5 years of experience leading large or multiple application teams to deliver projects and initiatives.
  • At least 5 years of technology development experience in IBM i technology, including design, coding, and testing.
  • Bachelor’s degree or equivalent experience.
Responsibilities
  • Manage assigned functional areas through detailed planning of projects, resources, and skillset mapping.
  • Provide technology guidance to resources according to the functional and technical skillsets required for project delivery.
  • Deliver projects and programs while maintaining quality, budget, scope, and schedule.
  • Meet scheduled milestones to ensure project and program objectives are achieved in a timely manner.
  • Understand, follow, and guide project teams and resources on the principles, practices, and techniques used within the application area and organization.
  • Contribute to IT project planning for one or more business areas; regularly review progress toward plans with clients and modify plans as necessary; provide quantitative cost/benefit analysis; and ensure teams follow applicable work, documentation, certification, and audit requirements.
  • Lead development and delivery of innovative AI tools aligned with the organization’s strategic goals.
  • Set yearly goals focused on career development and discuss and lay out action plans to achieve goals and expectations.
  • Periodically assess CVS and vendor resources.
  • Provide formal and informal feedback to address performance gaps in functional, technical, and soft skills.
  • Conduct mid-year and year-end assessments.
  • Provide comprehensive feedback on strengths and development areas; oversee, review, and take action on CVS and vendor resource timesheets to ensure compliance.
  • Participate in recruitment and selection for CVS and vendor candidates, and lead onsite and offshore vendor relationships.
  • Ensure teams adhere to the organization’s Code of Conduct and integrity standards.
  • Consult with business and IT stakeholders during project execution to ensure business and IT expectations are met.
  • Address challenges and roadblocks to accomplish project goals and expectations.
  • Identify and develop services and service level agreements; educate senior leaders on service-related information and continually improve related processes.
Desired Qualifications
  • Healthcare and pharmacy benefit management (PBM) background.
  • IBM i/AS400 Series experience.

About the company

CVS Health runs pharmacies, health insurance plans and medical clinics for individuals, employers and government programs across the United States. Its businesses include CVS Pharmacy, the Aetna insurer and Caremark, which manages prescription coverage and negotiates drug prices for health plans. Patients fill prescriptions in stores or by mail and receive care through walk-in clinics, primary care centers and home visits. The company earns money from prescription sales, insurance premiums, plan administration fees and clinical services, combining coverage with places to obtain treatment. Its first store opened in 1963, and its headquarters are in Woonsocket, Rhode Island.

Company Size

10,001+

Company Stage

IPO

Headquarters

Woonsocket, Rhode Island

Founded

1963

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Simplify's Take

What believers are saying

  • Demand is expanding: CVS Health reported $106.1 billion revenue in the June 2026 quarter, up 7.3% year over year.
  • Eligible colleagues get degree support: CVS Health's partner-college program covers tuition with no out-of-pocket cost through reimbursement.
  • Self-pay care is expanding: MinuteClinic announced $29 online weight-loss visits in August 2026, without recurring membership fees.

What critics are saying

  • Insurance leaves a narrow cushion: Aetna's medical costs consumed 87.4% of premium revenue in the June 2026 quarter.
  • Drug fees face limits: Caremark's July 2026 FTC settlement proposes separating fees from drug list prices.
  • Wilmington's pharmacist role includes mobility: CVS Rx Services lists up to 25% travel across nearby pharmacy locations.

What makes CVS Health unique

  • Its pharmacy shelves are tobacco-free: CVS removed tobacco products while keeping its national retail pharmacy network.
  • Caremark separates drug costs from service fees: TrueCost anchors pricing to acquisition benchmarks and makes dispensing fees visible.
  • Its clinics accept care-cost risk: Oak Street receives fixed payments from health plans rather than billing only per visit.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Company News

PR Newswire
Oct 7th, 2026
CVS Health opens first pharmacy-focused location in Boston area

CVS Health has opened its first pharmacy-focused location in the Boston area, situated at 32 Warren Street in Roxbury. The company plans to launch nearly 20 such locations across the US in 2026 to increase access to pharmacy care. The new format features full-service pharmacies averaging 3,000 square feet, offering prescription medications, immunisations, and over-the-counter products. Customers can order additional items with free home delivery. The Roxbury site includes a medication disposal bin and safe needle collection point. These smaller pharmacies complement CVS's existing formats, including traditional stores, store-in-store locations in Target and Schnucks, and sites with MinuteClinic facilities. According to CVS Health's 2025 Rx Report, 80% of patients prefer face-to-face pharmacy care, whilst 48% would switch pharmacies if limited to digital-only options.

Yahoo Finance
Sep 25th, 2026
CVS shares drop 15% as pharmacy giant warns of unquantified 340B business headwinds in 2027

CVS Health faces an unquantified headwind from its 340B drug discount programme heading into 2027, management warned during its fiscal Q2 2026 earnings call in August. The company's shares have fallen 15.2% over the past three months, even as management raised its 2026 earnings outlook. The 340B business, which serves eligible healthcare organisations, is experiencing pressure as drugmakers limit programme coverage. Management expects this drag to continue affecting its pharmacy services business in 2027 but declined to quantify the potential impact. CVS's Health Services segment, which likely includes the 340B business, generated $190.4 billion in revenue during fiscal 2025. The company trades at 22.5 times trailing earnings, roughly level with the S&P 500's 22.4 multiple.

Yahoo Finance
Sep 18th, 2026
CVS Omnicare completes $250M bankruptcy sale after $440M government settlement

CVS Health's Omnicare division has completed its Chapter 11 bankruptcy liquidation after selling its business operations for $250 million. A Texas bankruptcy judge approved the wind-down plan following a $440 million settlement with the Justice Department over improper billing practices. Omnicare, which served nursing homes and long-term care facilities, filed for bankruptcy in September 2025 after facing a $949 million judgement for fraudulently dispensing drugs without valid prescriptions and billing federal healthcare programmes for false claims. The settlement requires CVS to pay $130 million upfront and cover the remaining $310 million if Omnicare fails to do so by March 2028. GenieRx Holdings, a joint partnership between Milrose Capital and Integro Asset Management, purchased Omnicare's operations. The sale is expected to close next month.

Yahoo Finance
Sep 14th, 2026
CVS Health up 32% in a year: is it time to buy the stock?

CVS Health shares have declined 2.1% over the past three months, prompting investors to consider whether now is an opportune time to buy. The healthcare giant, which operates approximately 9,000 retail pharmacy locations and serves more than 35 million people through its health insurance business, reported second-quarter revenue of $106 billion, up 7.3% year-over-year. Adjusted earnings per share rose 43% in the same period. The company offers a dividend yield of 2.8%, with its annual payout increasing from $2 in 2021 to $2.66 per share recently. Shares currently trade at $95, with one analyst setting a price target of $120. The stock's forward price-to-earnings ratio of 11 sits slightly above its five-year average of 10.

Yahoo Finance
Sep 13th, 2026
US health insurers rebound as medical costs stabilise, analysts predict 16% earnings growth through 2030

The health insurance industry may have recovered from high medical costs, with analysts predicting strong growth through 2030. Morningstar forecasts 16% annual earnings per share growth for major insurers, above the industry's typical low-double-digit target. Health insurers are improving profitability by raising rates to cover increased medical utilisation. UnitedHealth Group reported over $5 billion in second-quarter net income, with its medical care ratio falling to 86.7% from 89.4% year-over-year. The outlook also improved for pharmacy benefit management operations at companies like UnitedHealth, CVS Health, and Cigna. Despite increased regulatory scrutiny, the "big three" PBMs maintain strong competitive positions. Third-quarter earnings reports next month should provide further clarity on the industry's financial health.