Lead Director, Business Analytics - Caremark

CVS Health; Austin (TX); On-site; USD 100,000 - 232,000; Full time

Benefits offered by this job

Bonus eligible

Equity program

Comprehensive benefits

Retirement savings options

Paid time off

Job summary

CVS Health is seeking a Director of Business Analytics to drive rebate and margin optimization initiatives across our strategy and analytics team. You will synthesize complex data, develop models, and present insights to executive leaders to influence decisions and reduce costs for participant clients.

You will mentor teammates, collaborate with internal and external partners, and lead analytics projects in a fast-paced, agile environment within the CVS Health ecosystem.

Qualifications

• 10+ years work experience in analytics or strategy
• 5+ years with pharmacy claims data
• Deep PBM understanding
• Advanced Excel skills
• Experience in data mining and data manipulation
• Ability to present complex results to executives
• BI and data visualization experience
• Strong collaboration and teamwork
• Strong problem solving and decision making

Responsibilities

• Develop and assess strategic initiatives using data analyses and stakeholder feedback
• Independently identify new opportunities to save costs and improve margins
• Collaborate with internal and external partners to define needs and build solutions
• Analyze data and present to senior leaders in clear summaries
• Extract data, build analytic and financial models, monitor results
• Mentor teammates across the team on topics
• Support process improvement and contract evaluation projects

Skills

10+ years work experience

Pharmacy claims data

PBM knowledge

Advanced Excel

Data mining

Analytical thinking

Presentations to leadership

Business intelligence

Collaboration

Problem solving

Growth mindset

Education

Bachelor's degree in finance, accounting, or related field

Job description

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.

Requisition Job Description

CVS Caremark has an opportunity for a dynamic individual to join our strategy and analytics team as a Director Business Analytics. In this role you will work closely with internal and external partners to support our rebate and margin optimization strategies that are integral to reducing costs for our participant clients. To be successful, you will utilize your experience with data analytics, complex problem-solving, and strategy development in an agile, fast-paced environment. Your experience synthesizing and presenting results and strategies to multiple audiences, including executive leaders, will also be key to your success.

What you will do:

• Contributes to the development and assessment of key strategic initiatives and opportunities by utilizing project management tools, complex data analyses, and stakeholder feedback.
• Acts independently to identify and evaluate new business opportunities to generate additional customer savings and margin opportunities.
• Works with internal teams and external partners to assess and document stakeholder needs and build solutions to meet those needs.
• Analyzes and synthesizes complex data into simplified and actionable summaries and communicates and presents to senior leaders.
• Extract data, develop analytic and financial models, and ongoing monitoring on results of various strategic initiatives
• Assist in training and mentoring others across the team on a wide variety of topics.
• Assist in process improvement/development projects related to modeling, contract evaluation, and reporting as well as other ad-hoc projects as needed.

For this role you will need Minimum Requirements

• 10+ years work experience
• 5+ years of experience working with pharmacy claims data
• Deep understanding of Pharmacy Benefit Managemet
• Advanced excel skills
• Experience in data mining and data manipulation
• Ability to apply rigorous analytical techniques to develop recommendations for key business decisions
• Able to produce organized, clear, and concise presentations that summarize issues and opportunities for leadership evaluation
• Research and analyze the impact of complex business issues associated with Trade goals
• Adept at business intelligence
• Adept at collaboration and teamwork
• Mastery of problem solving and decision making skills
• Mastery of growth mindset (agility and developing yourself and others) skills

Preferred Qualifications:

• 5+ years of experience working with pharmacy drug rebates and contracting
• Ability to extract data from large databases

Education:

Bachelor's degree in finance, accounting, or related field

*The preferred location for this role is in Bloomington, MN or Northbrook, IL - other locations will be considered for the right candidate

Pay Range

The typical pay range for this role is:

$100,000.00 - $231,540.00

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.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 10/30/2026

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