Job Description The Data Scientist role within CVS Health is on the front line of driving innovation and directly impacting business decisions. This role falls within the PBM Pricing Analytics team and will focus on building & deploying analytic models that help the PBM business meet its client and pharmacy financial guarantees. This team works on drug pricing optimization models using linear and mixed integer programming techniques to optimize drug-level pricing tied to 100 million Americans. The models are designed to meet financial guarantees contracted by Caremark with its clients and pharmacy partners by optimizing drug prices while adhering to several regulatory and business constraints. The outcomes of these models (recommended drug prices) have delivered over $100M in value to Caremark. Key Responsibilities: Developing and deploying linear & mixed integer programming models for price optimization initiatives. Preparing data for analysis, working with data engineering team to create modeling datasets, assess completeness and quality of data, and perform feature engineering. Applying experience from modeling and data engineering to successfully lead the development of statistical and mathematical analyses to support business decision-making. Experience with Cloud technologies & concepts. Ability to structure data analysis, driving analytics insights and analytical solutions. Understanding key drivers of business value and being able to translate into business opportunities and frame them as analytical problems. Ability to translate business problems into analytical solutions. Collaborating with business partners to understand their strategy, problems, and goals. Present recommendations to senior staff and internal clients. Mentors junior team members. Autonomously leads the client relationship with senior business leaders as their single point of contact. Pay Range The typical pay range for this role is: Minimum: 75,000 Maximum: 167,000 Required Qualifications 2+ years of experience coding in Python, R, or other modeling environments. 2+ years experience with optimization model development including linear & mixed integer programming models. 2+ years of experience applying modern machine learning techniques to build predictive models for both classification and regression problems. 1+ year experience with statistical measurements including experimental design, test and control selection, propensity matching, etc. Preferred Qualifications 2+ years experience coding with commercial optimization solvers such as Gurobi, CPLEX, etc. Prior experience developing & deploying advanced analytics models supporting Underwriting, Actuarial and Financial Optimization domains. Demonstrates a strong ability to communicate technical concepts and implications to business partners. Education Bachelors Degree in Operations Research, Industrial Engineering, Data Science, Computer Science, Applied Math, Statistics, or other related field; or Advanced Degree Preferred: Masters Degree or PhD in Operations Research, Data Science, Computer Science, Applied Math, Statistics, or related field. Business Overview At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities. Apply #J-18808-Ljbffr Jobing.com, LLC.
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