Lead Director, Medical Benefit Portfolio Product Management
CVS HealthThis Director role focuses on medical benefit portfolio strategy and execution within a large healthcare organization. You will manage product roadmaps and cross-functional alignment to deliver tailored health solutions.
What you’d own
- Medical benefit portfolio strategy and design
- Product and solution roadmaps based on market intelligence
- End-to-end portfolio performance and metric monitoring
- Change management for application and process improvements
Who it’s for
A fit if you…
- ✓You have 10+ years of experience in healthcare benefits or product management.
- ✓You excel at navigating and influencing within a highly matrixed organization.
- ✓You have strong executive-level presentation and storytelling skills.
Not for you if…
- ✗You prefer a small, flat team over a large, complex corporate structure.
- ✗You prefer to work in a silo rather than coordinating across Sales, Actuarial, and Network teams.
- ✗You are looking for a people-management role (this is an individual contributor position).
Reading between the lines
- The mention of 'matrixed organization' and 'alignment across stakeholders' suggests significant internal navigation and negotiation will be required to get projects approved.
- The focus on 'tailored portfolio solutions' implies a need to balance standardized products with specific regional market demands.
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Benefits
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 Provides local market product leadership for the West Region.
This is an individual contributor position. This role will be accountable for portfolio benefit strategy, design, and execution; development and management of differentiated and tailored portfolio solutions aligned to market opportunities and customer needs Key Responsibilities Defining portfolio strategy translating market intelligence, buyer needs, competitive insights, and performance data into differentiated product and solution roadmaps Driving end-to-end portfolio performance, monitoring key metrics and adjusting strategies to achieve business objectives Translating strategy into execution - defining priorities, creating timelines, and project managing deliverables while managing risks and dependencies Driving alignment across a matrixed organization , partnering closely with Product, Sales, Underwriting, Actuarial, Network and other stakeholders to accelerate delivery and impact Leading change management and continuous improvement across segments and markets related to application and process changes Required Qualifications 10+ years of experience in product management, portfolio management or healthcare benefits within the healthcare industry.
Medical Benefits Product experience / knowledge Must reside Pacific and Mountain Time Zone residents which is priority. May consider Central for stellar candidate. Demonstrated success developing and executing portfolio strategies that drive growth, retention, customer value, and business performance Demonstrated success influencing up and across a highly matrixed organization Executive-level presentation and storytelling skills Education Bachelor’s degree or equivalent experience required Pay Range The typical pay range for this role is: $100,000.00 - $231,540.00 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: 11/30/2026 Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
About CVS Health
See all roles →CVS Health is a diversified health company built around three pillars: America's largest neighborhood pharmacy chain, the Aetna health insurance business, and CVS Caremark, one of the country's biggest pharmacy benefit managers. It connects more than 100 million people to care through retail stores, prescription delivery, specialty medications, and a set of consumer mobile apps, with a strategy focused on making care more affordable and connected. It is a publicly traded Fortune-scale company (NYSE: CVS) with over 300,000 employees. For a PM, the interesting work sits at the intersection of retail, insurance, and pharmacy data at massive scale, inside a heavily regulated healthcare environment.
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