Manager, Product Management

CVS Health; New Jersey; Hybrid; USD 66,000 - 146,000; Full time

Job summary

CVS Health is seeking a Manager of Product for its Prescription Benefit Management (PBM) Product, Innovation and Delivery team. You will plan, design and manage automation initiatives, analyze data to meet business case requirements, and influence senior leadership while working cross-functionally to drive PBM product operations.

The role emphasizes strategy development, product design, stakeholder management, and delivering value for customers and the enterprise through data-driven decision

Qualifications

• 2+ years of experience working with cross-functional stakeholders, internal and external.
• 5+ years of relevant work experience.
• 2+ years of high proficiency in Microsoft Excel.
• 1+ years of experience working with B2B clients and/or external stakeholders.

Responsibilities

• Engaging cross-functionally across the organization to build new products, product enhancements and process improvements
• Managing internal and external stakeholders to execute on product operations for PBM products
• Communicating and influence at all levels of the organization

Skills

Cross-functional collab

Excel advanced

B2B experience

Stakeholder mgmt

Education

Bachelor's degree

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.

Position Summary

We have an exciting opportunity at CVS Health for a product management role. As a Manager of Product, you will be part of our Prescription Benefit Management (PBM) Product, Innovation and Delivery team. This team is engaged across all functions of our PBM product and operations teams, with particular emphasis on strategy development, product design, business analytics, and stakeholder management. You will have the opportunity to use your analytical skills and logic to analyze the business, solve problems, and present recommendations to leadership all in an effort to drive product operations. In this role, you will be responsible for planning, designing, and managing the execution of automation activities that drive value for both our customers and the enterprise. Furthermore, you will design, construct, and execute analyses to meet business case requirements using data that will often be self-sourced through observations, tests, interviews, and custom data pulls. Some other critical components include the ability to think critically about market drivers and how CVS is uniquely positioned to leverage those drivers, develop novel recommendations on how to improve healthcare, problem solve at a tactical level, articulate conclusions to senior level leadership, and work cross-functionally to drive programs to success. Some of your additional responsibilities will include

• Engaging cross-functionally across the organization to build new products, product enhancements and process improvements
• Managing internal and external stakeholders to execute on product operations for PBM products
• Communicating and influence at all levels of the organization

Required Qualifications

• 2 + years of experience working with cross-functional stakeholders, internal and external
• 5 + years of relevant work experience
• 2 + years of high proficiency in Microsoft Excel
• 1 + years of experience working with B2B clients and/or external stakeholders

Preferred Qualifications

• Excellent written and oral communication
• Ability to work independently and with a team to deliver outcomes and drive results
• Ability to problem solve, identify issues and mange through self-reliance to solution
• Independent thinking - ability to navigate the gray

Education

• Bachelor's degree or equivalent work experience

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$66,330.00 - $145,860.00

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.

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: 09/30/2026

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