Review new and enacted laws and regulations pertaining to CVS Health’s Prescription Benefit Manager (PBM) business segment
Coordinate with applicable Legal partners to review and interpret applicability of regulations to the PBM
Work closely with the PBM Regulatory Affairs team as this team implements parts of PBM regulations that are co-managed between the two teams
Facilitate the compliance effort with applicable CVS Health business segments to implement processes or programs to comply with any new law or regulation
Establish working relationships with business and process owners to drive and implement business practice enhancements to increase compliance program effectiveness
Actively participate in applicable business working groups/committees for identified responsible areas
Drive regulation implementation or business compliance of initiatives to completion and validate their effectiveness through obtaining evidence of compliance
Enthusiastically engage in additional projects as needed
Requirements
5+ years of experience in a regulatory environment and/or compliance environment
PBM experience preferred
Strong verbal and written communication skills
Excellent organizational skills
Previous experience with legislation and/or regulatory research
Knowledge in state and federal pharmacy laws and regulations
Ability to maintain attention to detail
Ability to work autonomously and in a team environment (including across an organization)
Ability to manage multiple projects to ensure deadlines are met
Team building skills that effectively influence and engage others in regulatory requirement resolution
Benefits
Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation, and weight management programs
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