Lead Director, Business Analytics - Caremark

CVS Health; United States; Hybrid; USD 100,000 - 232,000; Full time

Benefits offered by this job

Medical

Dental

Vision coverage

Paid time off

Retirement savings options

Wellness programs

Other employer resources

Job summary

CVS Health is seeking a Director of Business Analytics to join the Strategy and Analytics team in Bloomington, MN or Northbrook, IL. You will drive rebate and margin optimization and present insights to executive leaders to support cost reduction for participant clients.

The role requires extensive data analytics, financial modeling, and mentoring across the team in a fast-paced, agile environment.

Qualifications

• 10+ years of work experience in analytics and strategy.
• 5+ years of experience working with pharmacy claims data.
• Deep understanding of Pharmacy Benefit Management.
• Advanced Excel skills.
• Experience in data mining and data manipulation.
• Ability to present results to senior leaders.
• Strong collaboration and teamwork.
• Growth mindset and agility.

Responsibilities

• Contributes to the development of strategic initiatives using data analyses and stakeholder feedback.
• Identifies and evaluates new business opportunities to generate savings and margin opportunities.
• Collaborates with internal teams and external partners to build solutions meeting stakeholder needs.
• Analyzes complex data and communicates actionable summaries to senior leaders.
• Extracts data, develops analytic and financial models, and monitors results of strategic initiatives.
• Assists in training and mentoring team members on a wide range of topics.
• Supports process improvement projects related to modeling, contracts, and reporting.

Skills

Pharmacy claims data

Pharmacy BPM

Advanced Excel

Data mining

Data manipulation

Analytical skills

Executive presentations

Business intelligence

Collaboration

Problem solving

Growth mindset

Education

Bachelor's degree in finance or accounting

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.

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.

• medical
• dental
• vision coverage
• paid time off
• retirement savings options
• wellness programs
• 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: 09/21/2026

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

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people.

Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.