Director, Payor Product Innovation

CVS Health; Saint Paul (MN); On-site; USD 100,000 - 232,000; Full time

Benefits offered by this job

Bonus potential

Equity awards

Comprehensive benefits

Job summary

CVS Health is seeking a Lead Director of Product Innovation to steer the full innovation lifecycle for payor-focused concepts, from ideation to launch. The role collaborates with strategy, product development, partnerships, and DDAT to translate ideas into market-ready solutions.

The position may be remote or hybrid across the US, with executive-level influence and a strong emphasis on strategic thinking and cross-functional leadership.

Qualifications

• 10+ years of experience in product strategy, product innovation, or related leadership roles.
• Strong experience in payor-focused products, healthcare solutions, or related market segments.
• Proven ability to lead new concepts from ideation through launch.
• Experience working across strategy, product development, partnerships, data/technology, and shared service teams.

Responsibilities

• Lead development of new product concepts from ideation through launch for payor-focused solutions and capabilities.
• Identify unmet needs and strategic opportunities aligned to enterprise priorities.
• Shape and refine concepts into well-defined opportunities with launch pathways.
• Collaborate with strategy teams to align innovation priorities with business strategy and market opportunity.
• Support concept evaluation, development planning, and launch readiness with product teams.
• Drive cross-functional coordination to move concepts to launch-ready solutions.
• Define requirements, priorities, dependencies, and decision points for advancing innovation.

Skills

Product strategy

Innovation leadership

Payor-focused products

Cross-functional leadership

Executive communication

Education

Bachelor's degree

Job description

CVS Health is seeking a Lead Director of Product Innovation to steer the full innovation lifecycle for payor-focused concepts, from ideation to launch. The role collaborates with strategy, product development, partnerships, and DDAT to translate ideas into market-ready solutions.

The position may be remote or hybrid across the US, with executive-level influence and a strong emphasis on strategic thinking and cross-functional leadership.