Sr Mgr, Pharma Contracting - Trade Relations

CVS Health; BLOOMINGTON (MN); Hybrid; USD 82,940 - 182,549; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision coverage

Paid time off and wellness programs

Retirement savings options

Job summary

CVS Health® is seeking a Senior Manager for Pharma Contracting in Bloomington, MN. This role involves leading negotiations for commercial contracts and supporting the Zinc Health Services Negotiator Team. The ideal candidate has 7+ years of relevant experience and an understanding of healthcare contracting.

If you excel in team collaboration and analytical skills, this position may be an excellent fit for you. CVS Health offers a competitive benefits package and a pay range of $82,940.00 – $182,549.00, depending on various factors.

Qualifications

• 7+ years of related work experience.
• 3-5 years of experience in healthcare, managed care, health plans, or PBM.
• Ability to travel up to 15-20%.

Responsibilities

• Collaborate with manufacturers and internal partners to ensure compliant bids.
• Prepare bid cycle and product review presentation materials.
• Ensure bids are accurately memorialized in contracts.

Skills

Contracting experience

Advanced proficiency with MS Office

Analytical skills

Education

Bachelors degree or equivalent experience

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.

The Sr Mgr, Pharma Contracting – Trade Relations is responsible for leading and coordinating activities to support the goals of the Zinc Health Services Negotiator Team and leadership related to bid cycles, commercial contracts, and product review processes. Responsibilities include, but are not limited to, reviewing manufacturer proposals, contract redlines, developing product/category review materials, and providing summaries to leadership.

This person is an individual contributor. The Trade Relations Negotiator Senior Advisor is expected to be competent with contract language, bid processes, work across multiple business units, demonstrate critical thinking, and present to team members and leadership.

Location

Ideally, this role will be located out of Bloomington, MN or Northbrook, IL on a hybrid/remote schedule. However, a remote/work‑from‑home arrangement may be considered for a highly qualified candidate.

Primary Responsibilities

• Collaborate with manufacturers and internal partners to ensure compliant bids and support negotiations.
• Review bids, understand the impact, and effectively move them through the process for review.
• Prepare bid cycle and product review presentation materials.
• Present materials to leadership.
• Ensure bids are accurately memorialized in contracts, review redlines, and work with manufacturers to finalize language.
• Review financial modeling for accuracy and potential formulary changes.
• Review contract underwriting for accuracy and financial impact from language and/or rate changes.
• Coordinate product reviews with the Zinc Health Services Team and leaders. Build and maintain relationships with internal and external partners.
• Prepare manufacturer summaries for leadership team.
• Collaborate with internal partners.

Required Qualifications

• 7+ years of related work experience.
• 3‑5 years of experience in healthcare, managed care, health plans, or PBM.
• Ability to travel up to 15‑20%.
• Contracting experience.
• Advanced proficiency with MS Office (Teams, PowerPoint, and Excel).
• Demonstrated analytical skills and experience.

Preferred Qualifications

• Advanced communication and presentation skills.
• Adept at collaboration and teamwork.
• Adept at problem solving.
• Knowledge of pharmaceutical products and services.
• Knowledge of pharmacy and medical rebates.

Education

• Bachelors degree or equivalent experience.

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 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: 08/03/2026.

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