Data Scientist - PBM Pricing Optimization and Advanced Analytics
CVS Health · Chicago, IL · 1 mo ago
HybridEngineering$79k/yrFull-time
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 We’re looking for a Data Scientist to 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 You’ll Do Contribute to the design, development, and improvement of data science and optimization solutions for drug pricingAnalyze complex datasets to identify patterns, issues, and opportunities that improve pricing performance and decision qualityBuild, test, debug, and maintain code in Python and SQL to support analytics, modeling, and operational workflowsBreaking down messy business and technical problems into actionable analyses and practical next stepsWork within cloud-based and production-oriented environments, including GCP and team development tools such as VS CodeSupport optimization workflows and collaborate on linear programming algorithms using GurobiUse AI tools thoughtfully to accelerate coding, analysis, and iteration while applying strong judgment to validate quality and accuracyPartner with cross-functional stakeholders to explain technical tradeoffs clearly in business terms, including implications for speed, risk, scalability, and outcomesOperate as a strong squad member with the potential to take on squad captain responsibilities over time through ownership, initiative, and collaboration Required Qualifications Bachelor’s or Master's 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 partsStrong coding fundamentals in Python and SQL, including debugging, data wrangling, code quality, and reproducible workflowsComfort working in VS Code and collaborative development environmentsFamiliarity with optimization modeling, constraints, and algorithmic thinking; experience with Gurobi is a plusWorking knowledge of cloud-based data science workflows, especially GCP, is strongly preferredComfort using AI tools productively and responsibly as part of day-to-day technical work2 or more years of experience in Python or other modeling environments2 or more years of experience with SQLExperience in deploying ML models to production and developing CI/CD pipelinesExperience using Google Cloud Platform, Vertex AI or similar is a MUSTDemonstrated 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 problemsFamiliarity with PBM and drug pricing concepts, including the business nuances and operational realities of reseller health plan clientsExposure to productionizing models or working in cross-functional products, engineering, or analytics squadsFamiliarity with version control, testing practices, and collaborative coding workflowsStrong communication skills, especially the ability to explain technical concepts and tradeoffs in a clear, practical, non-academic wayOwnership mindset, willingness to do the work, and the judgment to balance innovation with executionDemonstrated curiosity, learning agility, and potential to grow into broader coordination or squad leadership responsibilitiesAbility to learn quickly and work independently or as part of a teamAbility to anticipate and prevent problems and roadblocks before they occur Education Bachelor's degree or equivalent work experience in Applied Mathematics, Statistics, Data Science, Operations Research, Computer Science, Computer Engineering, or related discipline. Master's degree preferred Anticipated Weekly Hours 40 Time Type Full time Pay Range The Typical Pay Range For This Role Is $79,310.00 - $158,620.00 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. 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: 09/30/2026 Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.