Sr Mgr,Underwriting

CVS Health; Frankfort (KY); On-site; USD 68,000 - 149,000; Full time

Benefits offered by this job

Medical insurance

Dental and vision

Paid time off

Retirement plan

Wellness programs

Job summary

CVS Health is seeking a Senior Manager, Underwriting to lead financial analysis and underwriting across PBM pricing strategies. You will build and guide a team of underwriters to meet business goals and support CVS Health and Finance leadership in driving value.

The role requires supervision of complex pricing initiatives and collaboration with Sales, Account Management, and cross-functional finance teams, with travel as needed and a focus on performance and growth.

Qualifications

• Minimum 7 years of experience in financial acumen, pricing, underwriting, or PBM revenue drivers.
• 5+ years of PBM and/or healthcare experience.
• 2+ years of leadership/mentorship experience preferred.

Responsibilities

• Develop, coach, and evaluate Underwriters within the team.
• Maintain high levels of employee engagement.
• Develop relationships with Sales and Account Management.
• Collaborate with Aetna Finance, Pricing, and Sales teams; provide data-driven guidance.
• Support underwriting models and analytic solutions development.
• Acquire and maintain PBM pricing strategy knowledge.
• Work independently in a fast-paced environment and meet deadlines.
• Participate in client meetings and travel as needed.

Skills

Financial analysis

Pricing

Underwriting

PBM experience

Healthcare experience

Education

Bachelor's degree or equivalent

Master's 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

Do you want to make a large impact in your next role? Join CVS Health as the Senior Manager, Underwriting where you will be responsible for Financial Analysis and Underwriting within the team. Here, you will lead key pricing activities to retain and grow pharmacy lives and support CVS Health and Finance leadership to drive value.

In this high impact position, you will support key underwriting and financial analysis activities by developing and leading a team of Underwriters. This role will manage vast, complex PBM pricing strategies and financial analysis designed to meet the business needs of CVS Health, client, and client's customers.

Responsibilities Include

• Develop, coach, and evaluate Underwriters within the assigned team
• Achieve and maintain high levels of employee engagement
• Develop and maintain relationships with Sales and Account Management
• Develop relationships with Aetna Finance, Pricing and Sales teams and provide data supported consultation
• Work with internal partners to facilitate and support development of underwriting models and analytic solutions
• Acquire and maintain leading-edge knowledge of PBM plan management strategies and solutions
• Ability to work independently a high percentage of the time in a fast-paced environment and manage tight deadlines with appropriate level of delegation to team members
• Participate in client meetings as needed and requested. Travel to clients as needed either as an individual contributor or as part of coaching team members

Required Qualifications

• Minimum of 7 years professional experience including financial acumen, pricing, underwriting or drivers of enterprise/PBM revenue and profitability
• 5+ years of PBM and/or healthcare experience

Preferred Qualifications

• 2+ years of leadership/management/mentorship experience
• Prior management experience, preferably in a healthcare environment

Education

• Bachelors degree or equivalent professional work experience required
• Masters degree preferred

Pay Range

The Typical Pay Range For This Role Is

$67,900.00 - $149,328.00

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: 11/28/2026

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