Senior Manager, Payer Negotiation Strategy and Market Intelligence

CVS Health; Rhode Island; Hybrid; USD 83,000 - 183,000; Full time

Benefits offered by this job

Bonus & equity program

Comprehensive benefits

Paid time off

Job summary

CVS Health is seeking a Senior Manager, Payer Negotiation Strategy and Market Intelligence to build payer-specific playbooks and lead negotiation preparation across CVS Pharmacy relationships.

You will translate market insights into repeatable strategy, monitor PBM shifts, and develop practical tools that help partners negotiate with greater consistency and confidence.

The role includes post‑mortem reviews, collaboration with Directors and above, and travel up to 15% to support deal execution.

Qualifications

• 5+ years in contract negotiation or managed care.
• 5+ years in strategy, market intelligence, or related field.
• 3+ years leading teams in a matrix environment.
• Ability to translate insights into actionable tools and guidance.
• Experience with post‑mortem analyses with senior participants.
• Strong written and verbal communication; ability to influence without authority.
• Willingness to travel up to 15%.

Responsibilities

• Develop payer-specific playbooks for CVS Pharmacy relationships.
• Lead negotiation preparation tooling and frameworks.
• Translate market intelligence into repeatable negotiation strategy.
• Facilitate post-mortem reviews to improve future execution.
• Collaborate with Directors and above across functions.
• Monitor payer and PBM strategy shifts.

Skills

Contract negotiation

Strategy & market intelligence

Cross-functional leadership

Stakeholder influence

Communication

Travel up to 15%

Education

Bachelor's degree

Advanced degree preferred

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

The Senior Manager, Payer Negotiation Strategy and Market Intelligence, builds and maintains the payer-specific playbook set covering CVS Pharmacy’s largest payer relationships, establishes the pre-positioning frameworks applied ahead of material negotiations, facilitates structured deal reviews and debriefs, and drives adoption of approved negotiation preparation tooling across the function. It converts each negotiation into transferable institutional knowledge. This person will strengthen negotiation effectiveness by translating market intelligence, stakeholder insight, and negotiation learnings into clear, repeatable strategy. This role will monitor shifts in PBM and health plan strategy, develop a deep understanding of negotiation counterpart objectives, and convert those insights into practical playbooks and tools that help partner teams negotiate with greater consistency, precision, and confidence. This role will also lead post‑mortem review of negotiation outcomes, using lessons learned to continuously refine strategy, strengthen playbooks, and improve future execution. The role is an individual contributor with regular working exposure to Directors, Lead Directors and above, and is structured as a development seat toward deal ownership within Payer Relations. Success is measured by whether negotiation quality becomes repeatable, documented, and materially less dependent on any single individual.

Required Qualifications

• 5+ years of professional experience in contract negotiation, pharmacy benefit management, managed care, or comparable commercial discipline
• 5+ years of experience in strategy, market intelligence, consulting, or a related field
• 3+ years of experience leading, mentoring, developing, or influencing team members and stakeholders across a complex, matrixed environment
• Experience translating complex market, stakeholder, and business insights into concise, actionable tools, frameworks, or strategic guidance
• Experience conducting retrospective, post‑mortem, or after‑action analyses with Director‑level and above participants to assess performance
• Demonstrated ability to identify patterns, extract lessons learned, and incorporate them into actionable insights
• Demonstrated experience driving sustained adoption to new processes and frameworks
• Demonstrated ability to influence cross‑functional stakeholders and shape decisions without direct authority
• Strong written and verbal communication skills, including the ability to distill complexity into clear guidance for both leadership and partner teams
• Ability to influence without direct authority across a senior audience
• Regular and reliable attendance is an essential function of this role
• Travel up to 15% of the time
• Any additional tasks as directed by supervisor or manager

Preferred Qualifications

• Formal negotiation training or certification
• Experience within a center of excellence, enablement or capability‑building function
• Experience creating materials for both executive audiences and operational partner teams
• Experience working in ambiguous, fast‑changing environments where continuity and knowledge transfer are critical
• Facilitation, coaching or instructional design experience
• Interest in progressing toward commercial deal ownership within Payer Relations

Education

Bachelor's degree required. Advanced degree preferred.

Pay Range

The typical pay range for this role is: $82,940.00 - $182,549.00 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.

Benefits

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 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.

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.