Lead Director - Product Portfolio Management

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

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.

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.