Senior Manager, Specialty Strategy
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Job Description
Senior Manager guiding CVS Health’s specialty pharmacy strategy, portfolio prioritization, and value realization. Establishing OKR governance, executive reporting, and cross-functional measurement frameworks.
Responsibilities:
- Establish annual portfolio focus areas, objectives, key results, targets, and initiative alignment
- Own portfolio performance governance, including standards for baselines, targets, data sources, attribution, forecasting, risk identification, and performance reporting
- Establish operating cadences for portfolio and initiative reviews and drive accountability for timely, accurate, decision-relevant performance information
- Evaluate portfolio performance against strategic goals, business-case assumptions, forecasts, and value commitments
- Escalate material risks, dependencies, and performance gaps
- Develop leadership-ready portfolio scorecards and narratives integrating strategy, execution, adoption, performance, risk, and value
- Translate complex financial, operational, product, technology, and analytical information into concise insights and recommendations
- Surface portfolio-level trends, trade-offs, risks, dependencies, and opportunities requiring leadership action
- Provide recommendations supporting prioritization, investment, and resource decisions
- Create a consistent portfolio value narrative demonstrating Specialty investments’ strategic and enterprise outcomes
- Translate Specialty strategic priorities into an integrated portfolio of initiatives, capabilities, and measurable outcomes
- Establish portfolio frameworks for evaluating opportunities based on strategic alignment, expected value, customer and operational impact, feasibility, dependencies, and risk
- Partner with Strategy, Product, Technology, Operations, and Finance on prioritization, sequencing, resource allocation, and trade-off decisions
- Facilitate portfolio planning and leadership decision forums
- Establish standards for defining, quantifying, forecasting, validating, and communicating expected and realized value
- Partner with initiative owners and Finance on business cases, baselines, benefits assumptions, forecasts, value waterfalls/funnels, and measurement methodologies
- Track expected versus realized value and identify variance drivers, realization risks, and opportunities to improve portfolio returns
- Connect delivery and adoption metrics to business outcomes
- Serve as a strategic thought partner across cross-functional teams and Specialty leadership
- Guide Strategic Analysts and cross-functional resources through portfolio management methods, analytical approaches, templates, and quality standards
- Establish ownership and accountability across portfolio processes while influencing stakeholders without direct authority
- Build organizational capability in portfolio strategy, value management, measurement, and executive decision support
- Promote continuous improvement in portfolio processes, analytical capabilities, and management practices
- Perform additional responsibilities as directed by the manager
Requirements:
- Seven (7) + years of progressive experience in portfolio management, strategy, finance, business transformation, healthcare, specialty pharmacy, or a related field
- Three (3) + years of experience leading strategic portfolios, products, programs, or enterprise initiatives with responsibility for investment prioritization, business-case development, performance measurement, and/or value realization
- Two (2) + years of people leadership and/or demonstrated experience leading and developing analytical resources through influence
- Two (2) + years of executive-level communication and storytelling skills with demonstrated ability to simplify complex analysis and clearly articulate implications, choices, and recommendations
- Experience in specialty pharmacy, PBM, healthcare, healthcare technology, or technology-enabled operations
- Experience managing enterprise or business-unit portfolios spanning product, technology, digital, AI/automation, and operational transformation initiatives
- Experience with portfolio prioritization, investment governance, strategic planning, or enterprise transformation
- Experience developing and evaluating business cases, financial models, benefit-realization plans, or investment recommendations
- Experience designing executive-level portfolio reporting, performance management, and decision-support processes
- Advanced proficiency in PowerPoint and Excel with experience using visualization and analytics tools such as Power BI or Tableau
- Familiarity with enterprise data platforms or analytical tools
- Experience working with Product and Technology organizations
- Strong analytical and problem-solving skills with ability to synthesize financial, operational, product, technology, and customer information into actionable insights
- Ability to work effectively through ambiguity, balance competing priorities, and maintain accuracy and attention to detail in a complex environment
- Ability to lead and develop analytical resources through direct leadership and/or influence
- Regular and reliable attendance
- Ability to travel up to 10%, based on business needs
- Bachelor’s degree; may consider comparable work experience
Benefits:
- CVS Health bonus, commission or short-term incentive program in addition to base pay
- Equity award program
- Medical coverage
- Dental coverage
- Vision coverage
- Paid time off
- Retirement savings options
- Wellness programs
- Other resources supporting colleagues’ and families’ physical, emotional, and financial well-being
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