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Sr Mgr,Underwriting

CVS Health

Remote · USFull-time$68–149K/yrSeen 2w agoSeen in employer's feed 4 days ago

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At a glance

Compensation
$68–149K/yr
Location
Remote · US
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

The Senior Manager, Underwriting leads financial analysis and underwriting activities at CVS Health, including complex PBM pricing strategies designed to meet business and client needs. The role develops and leads a team of underwriters, supports pricing activities to retain and grow pharmacy lives, and advises finance and business partners. It also contributes to underwriting models and analytic solutions and may participate in client meetings and travel as needed.

Skills & qualifications

RequiredNice to have

Skills

Financial AcumenPricingUnderwritingPBMHealthcareLeadershipManagementMentorship

Qualifications

7+ Years Professional Experience5+ Years PBM or Healthcare Experience2+ Years Leadership ExperienceBachelor's Degree or Equivalent Professional ExperienceMaster's Degree

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off
401(k) Match

Full 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 (https://learn.bswift.com/cvshealth-mainland) .

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.

CVS Health is an equal opportunity/affirmative action employer, including Disability/Protected Veteran — committed to diversity in the workplace.

How this job compares

Set against the 812 open Underwriting jobs on Olive Jobs, counted October 28, 2026.

Pay
  • This posting$68–149K/yr
  • US median$112–185K/yr586 salary ranges

This range's midpoint, $109K, is 27% below the US median midpoint ($148K) — in the lowest quarter of Underwriting salary ranges across the US.

Openings
Olive Jobs lists 812 open Underwriting jobs across the US. 6% of them nationwide are listed as remote or flexible.
Hiring the most across the US
Experience
This posting asks for at least 7 years of experience; Underwriting postings that state a minimum ask for 5 years at the median (607 postings).
Education
193 of the 812 open Underwriting jobs (24%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on October 28, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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