Sr Mgr,Underwriting

7505 Caremark, L.L.C.; Kentucky; Hybrid; USD 68,000 - 149,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Paid time off

Retirement savings

Job summary

CVS Health is seeking a Senior Manager, Underwriting to lead financial analysis and underwriting activities across PBM pricing strategies. You will coach and develop a team of underwriters, partner with Sales, Account Management, Aetna Finance, Pricing and Sales, and drive data-supported decisions in a fast-paced environment.

Travel to clients is expected as needed; you will contribute to high-impact pricing initiatives and collaborate with cross-functional partners to deliver value for CVS

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.

Responsibilities

• 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 travel to clients as needed either as an individual contributor or as part of coaching team members

Skills

Leadership

Financial Analysis

Underwriting

PBM Knowledge

Pricing Strategy

Team Coaching

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

• 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.

Benefits

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.

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.