Data Scientist PBM Pricing Optimization and Advanced Analytics
Chicago, IL - USA
Job Summary
Were building a world of health around every individual shaping a more connected convenient and compassionate health experience. At CVS Health youll be surrounded by passionate colleagues who care deeply innovate with purpose hold ourselvesaccountable 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
Were looking for aData Scientistto join our drug pricing optimization team supporting a major reseller health plan client. This is a strong opportunity for a data scientist who brings technical depth practical problem-solving and curiosity and who wants to grow in a squad-based environment with real business impact.
In this role you would help the team solve complex pricing and optimization problems contribute to data science workflows used in production-oriented settings and partner with technical and business stakeholders to turn analytical work into clear decisions. Over time this role offers room to grow into broader squad leadership responsibilities through strong ownership follow-through and communication.
What youll do:
- Contribute to the design development and improvement of data science and optimization solutions for drug pricing
- Analyze complex datasets to identify patterns issues and opportunities that improve pricing performance and decision quality
- Build test debug and maintain code in Python and SQL to support analytics modeling and operational workflows
- Breaking down messy business and technical problems into actionable analyses and practical next steps
- Work within cloud-based and production-oriented environments including GCP and team development tools such as VS Code
- Support optimization workflows and collaborate on linear programming algorithms using Gurobi
- Use AI tools thoughtfully to accelerate coding analysis and iteration while applying strong judgment to validate quality and accuracy
- Partner with cross-functional stakeholders to explain technical tradeoffs clearly in business terms including implications for speed risk scalability and outcomes
- Operate as a strong squad member with the potential to take on squad captain responsibilities over time through ownership initiative and collaboration
Required Qualifications
- Bachelors or Masters Degree with a minimum of 1 year of experience in Data Science Computer Science Applied Math Operations Research Statistics or related field and:
- Strong analytical and problem-solving skills with the ability to break down ambiguous business and technical problems into actionable parts
- Strong coding fundamentals in Python and SQL including debugging data wrangling code quality and reproducible workflows
- Comfort working in VS Code and collaborative development environments
- Familiarity with optimization modeling constraints and algorithmic thinking; experience with Gurobi is a plus
- Working knowledge of cloud-based data science workflows especially GCP is strongly preferred
- Comfort using AI tools productively and responsibly as part of day-to-day technical work
- 2 or more years of experience in Python or other modeling environments
- 2 or more years of experience with SQL
- Experience in deploying ML models to production and developing CI/CD pipelines
- Experience using Google Cloud Platform Vertex AI or similar is a MUST
- Demonstrated proficiency in most areas of mathematical analysis methods machine learning statistical analyses and predictive modeling and in-depth specialization in some areas
Preferred Qualifications
- Experience working on pricing optimization or healthcare analytics problems
- Familiarity with PBM and drug pricing concepts including the business nuances and operational realities of reseller health plan clients
- Exposure to productionizing models or working in cross-functional products engineering or analytics squads
- Familiarity with version control testing practices and collaborative coding workflows
- Strong communication skills especially the ability to explain technical concepts and tradeoffs in a clear practical non-academic way
- Ownership mindset willingness to do the work and the judgment to balance innovation with execution
- Demonstrated curiosity learning agility and potential to grow into broader coordination or squad leadership responsibilities
- Ability to learn quickly and work independently or as part of a team
- Ability to anticipate and prevent problems and roadblocks before they occur
Education
Bachelors degree or equivalent work experience in Applied Mathematics Statistics Data Science Operations Research Computer Science Computer Engineering or related discipline. Masters degree preferred
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$79310.00 - $158620.00This 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.
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.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal state and local laws.
Required Experience:
IC
About Company
At CVS Health, we share a clear purpose: helping people on their path to better health. Through our health services, plans and community pharmacists, we’re pioneering a bold new approach to total health. Making quality care more affordable, accessible, simple and seamless, to not only ... View more