Compensation 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.

Position Summary
As a Senior Manager, Business Architecture at CVS Health’s PBM Caremark division, your pivotal role involves leading strategic initiatives aimed at fostering durability, sustainability, feasibility, reusability, reliability and standardization within our organization’s architecture. Caremark Business Architect plays a crucial role of developing architecture strategy and blueprinting by linking strategy and execution activities on complex strategic business transformation initiatives. The Business Architect develops strategy and blueprints by adopting various advanced architecture techniques such as Capability Modeling, Customer Journey Mapping, and Value Stream analysis and by influencing and partnering with key stakeholders from across Business and technology organizations. The Business Architect plays a key role in maintaining and evolving competency around the modeling of all Business Architecture constructs in a connected ecosystem .

Your main duties will include:

• Develop business architecture blueprints by linking strategy and execution activities on complex strategic business transformation initiatives.
• Identify and catalog business capabilities enabling value streams and customer experiences, classify and assess capabilities for maturity and criticality. Perform heatmapping of capabilities to articulate problem areas, improvement needs, funding needs etc., and develop capability roadmaps.
• Apply business architecture techniques such as Capability Modeling, Customer Journey Mapping, and Value Stream analysis, as direct input to the solution design and Agile execution.
• Perform capability rationalization, aligning investments to the core capabilities supporting the execution of strategy, by promoting reusability, consistency and experiences while reducing cost and complexity.
• Regularly create and present executive level status reporting with minimal leadership engagement.

Required Qualifications

• Two years of experience with business capability modeling and value stream analysis
• Five years of architecture / management consultancy or equivalent experience
• Experience with Enterprise Architecture tools (e.g. MEGA HOPEX)
• Enterprise Architecture frameworks (E.g. TOGAF, Guild) certification or equivalent work experience
• Agile frameworks knowledge/certification (E.g., SAFe)
• Experience with analysis tools and techniques (e.g. Excel, Minitab, etc.)

Preferred Qualifications

• Healthcare and pharmacy processes and workflows
• Pharmacy Benefit Management (PBM) processes and workflows
• Project management methodologies (e.g. Agile, SAFe, etc.)

Education

• Bachelor’s degree; comparable work experience may be considered

Pay Range

The typical pay range for this role is:

$67,900.00 - $174,200.00

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 Benefits | CVS Health

We anticipate the application window for this opening will close on: 10/25/2024

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