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Data Scientist - Advisor

Company: CVS Health
Location: Woonsocket
Posted on: June 6, 2021

Job Description:

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 Finance 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 95 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.

Required Qualifications:

Bachelor's Degree in Data Science, Computer Science, Applied Math, Operation Research, Statistics, Health Policy, or other related field with minimum of 3 years of professional experience; Master's Degree with a minimum of 2 years of experience; or PhD with fellowship experience in:

  • Leading project management activities, including communications within project teams, stakeholder management, and leadership updates
  • Extracting actionable insights from the analysis and interpreting outcomes of complex models to present to business audiences including technical, non-technical, and senior leaders
  • Preparing data for analysis, working with data engineering team to create modeling dataset, assess completeness and quality of data, and perform feature engineering
  • Working with data and have a strong understanding of analytics and how it is leveraged within the healthcare/retail industry

Required Qualifications

  • 2+ years of experience applying modern machine learning techniques to build predictive models for both classification and regression problems
  • 2+ years' experience with general linear models, including regression techniques, marketing mix models, etc.
  • 2+ years of experience coding in Python, R, or other modeling environments

Preferred Qualifications

Experience with statistical measurements including experimental design, test and control selection, propensity matching, etc.


  • Bachelor's Degree in Data Science, Computer Science, Applied Math, Operation Research, Statistics, Health Policy, or other related field; or Advanced Degree
  • Preferred: Master's Degree or PhD in Data Science, Computer Science, Applied Math, Operation Research, Statistics, Health Policy, 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.

Keywords: CVS Health, Woonsocket , Data Scientist - Advisor, Other , Woonsocket, Rhode Island

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