At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.
As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.
Position Summary
We are seeking an analytics leader with a strong theoretical and hands-on background in Machine Learning (ML), Large Language Models (LLMs), and Deep Neural Network architectures. The ideal candidate will possess exceptional optimization knowledge and preferably hold a Ph.D. in Machine Learning. This role requires excellent client management abilities to lead a dynamic team of data scientists and analysts.
The new leader will initially oversee a team of three data scientists, with plans to expand the team by promoting risk solutions across all CVS verticals. Our team, "Pricing and Product Analytics," leverages AI techniques to support the actuarial and underwriting organizations, enhancing Aetna Health Insurance Pricing and Caremark Pharmacy Benefit Management (PBM) Pricing and Product Design. Our mission is to address complex healthcare cost issues and make healthcare affordable for everyone.
Key Responsibilities:
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Consult with internal clients to identify opportunities for implementing data science solutions to business problems at an expert level.
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Act as an analytics product owner, translating business needs into actionable analytics projects.
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Lead and mentor data scientists, providing hands-on guidance in advanced modeling techniques.
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Understand key drivers of pricing analytics and the actuarial rate-making process, translating these workflows into business opportunities and framing them as analytical problems.
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Act as AI solution architect and develop AI-driven advanced process workflow solutions utilizing state-of-the-art reinforcement algorithms.
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Autonomously manage client relationships with senior business leaders, serving as their single point of contact.
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Collaborate with business partners to understand their strategies, problems, and goals.
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Mentor junior team members.
Required Qualifications
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3+ years of experience in the insurance industry, creating analytical roadmaps, building solutions in collaboration with external stakeholders, and driving implementation with a proven track record of business impact.
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3+ years of people management experience.
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5+ years of experience in strategy consulting or on strategy teams in large companies.
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5+ years of programming experience using Python, pyTorch, and analytics platforms on various big data platforms, with knowledge of advanced analytics tools to analyze large datasets from various sources.
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Hands-on experience with LLMs and Deep Neural Network architectures, along with SQL expertise.
Preferred Qualifications
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Experience in managing risk solutions, particularly in insurance pricing.
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Exceptional agile project and time management practices for leading a highly skilled data science team, with the ability to communicate project deliverables and reporting to business partners clearly and delegate tasks effectively through well-organized project management practices.
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3+ years of experience leading data science teams, creating a vision, solving day-to-day problems, and coaching the team to deliver consistent, impactful solutions.
Education
PhD
Pay Range
The typical pay range for this role is:
$144,200.00 - $288,400.00
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 our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
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Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan .
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No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
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Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
For more information, visit https://jobs.cvshealth.com/us/en/benefits
We anticipate the application window for this opening will close on: 03/22/2025
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
