CVS Health

Lead Director - Product Portfolio Management

CVS Health$100K — $231K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in product management or portfolio management roles
  • 3+ years of people leadership experience in matrixed environments
  • Proven track record in developing and executing successful portfolio strategies
  • Strong executive-level presentation and storytelling abilities
  • Bachelor's degree or equivalent experience required

Responsibilities

  • Lead and manage a team focused on portfolio strategy development
  • Monitor portfolio performance and adjust strategies to meet business objectives
  • Translate strategy into actionable execution plans with clear priorities and timelines
  • Facilitate alignment across diverse teams in a matrixed organization
  • Drive continuous improvement initiatives, including AI integration across market segments

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Paid time off for personal and family needs
  • Retirement savings options for future financial security
  • Wellness programs to support physical and emotional health
  • Additional resources to support employees and their families
Full Job Description
Position Summary

Provides strategic leadership and direction for the Portfolio Management function across local markets, segments, and verticals. Accountable for defining portfolio strategy, including solution design, and ensuring effective execution.

This role has two primary areas of focus:
• Product Management (Local Markets, Segments & Verticals): development and management of differentiated and tailored solutions aligned to market opportunities and customer needs
• Portfolio Implementation: development and end-to-end execution of product, regulatory, and market-driven strategies

**The position may be remote or hybrid, depending on candidate location - preferably on the Eastern or Central Time Zone

Key Responsibilities

Lead, develop, and manage a team responsible for:
  • Defining portfolio strategy translating market intelligence, buyer needs, competitive insights, and performance data into differentiated product, program, 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, and other stakeholders to accelerate delivery and impact
  • Leading change management and continuous improvement (including AI) across segments and markets


Required Qualifications
  • 7+ years of experience in product management, portfolio management, healthcare benefits, or related strategic leadership roles
  • 3+ years of people leadership experience, including leading managers and/or highly matrixed teams
  • Demonstrated success developing and executing portfolio strategies that drive growth, retention, customer value, and business performance
  • 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.

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

About CVS Health

Omnicare provides comprehensive pharmaceutical services to patients and providers across the United States. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care settings, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry through its Specialty Care Group.

CVS Health Careers

Joining CVS Health presents a unique opportunity to advance your career in a company where innovation, leadership, and growth go hand in hand. As a leader in the healthcare industry, CVS Health is more than just a pharmacy. We are a team of professionals dedicated to improving lives and optimizing health outcomes.

Work You’ll Do

At CVS Health, you will be part of a culture that values diversity and inclusivity, fostering an environment where every team member’s contribution is valued. Engage in meaningful work that directly impacts lives, driving innovation in healthcare services and solutions.

Explore Job Opportunities

Whether you’re looking for a position in pharmacy services, corporate leadership, or in-store management, CVS Health offers a variety of employment opportunities that will help you harness your skills and thrive professionally. Our job opportunities span across a wide range of professional fields and geographic locations, ensuring that your career at CVS Health aligns with your professional goals and lifestyle.

Internship Programs

Kickstart your career with CVS Health through our internship programs. These opportunities are designed for ambitious students eager to develop their skills in a real-world setting. Internships at CVS Health are not only about gaining work experience but also about making meaningful contributions to our ongoing projects.

Professional Growth and Development

CVS Health is committed to the professional growth of our employees. With access to cutting-edge technology, industry-leading experts, and comprehensive diversity training, our team members are equipped to lead and innovate. We support career advancement through professional development programs, leadership training, and opportunities for networking and internal mobility.

Benefits and Culture

Our employees enjoy a range of benefits that reflect our commitment to their well-being and success. From health and wellness benefits to professional development programs, CVS Health is dedicated to ensuring our team members have the resources they need. Our inclusive culture encourages collaboration and continuous learning, making CVS Health a place where you can grow and succeed.

Join Our Team

Ready to take the next step in your career? Explore the open positions at CVS Health that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Stay Connected

Keep up to date with the latest news, career tips, and industry insights from CVS Health. Personalize your experience by subscribing to job alert emails, tailored to your preferences and professional interests. Discover the rewarding opportunities that await at CVS Health, where your career development is always a priority.

Search CVS Health Jobs

Don’t just look for a job. Look for a place where you can be a part of something bigger. Visit our careers page to find the position that’s right for you and join a team that values innovation and leadership in healthcare.

READ CAREERS BLOG

Stay ahead in your career with insights from those who know CVS Health best – our team. Learn from their experiences and get insider tips that can help you succeed in your next interview, craft a standout resume, and build a career you’re proud of at CVS Health.
Learn more about CVS Health
Size
300,000 employees
Market Cap
$122 billion
Industry
Net Income
$7.1 billion
Founded
1963
5 Year Trend
+10.5%
Revenue
$268.7 billion
NASDAQ

Similar Jobs

More Jobs at CVS Health

More Healthcare Jobs

Find similar Lead Director - Product Portfolio Management jobs: