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Mgr,Account Service (IC)

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Overview:

The Senior Account Manager plays a pivotal role in developing and maintaining strong external and internal relationships to achieve customer satisfaction, revenue, membership, and earnings objectives for existing customers within an assigned book of business. This role represents the CVS Healthspire Payor Solutions portfolio. The Senior Account Manager examines sales, account management, and business retention metrics for products and services, supporting profitable growth and other business objectives. Strategic business plans for accounts and customer relationships are managed, focusing on revenue growth, member retention, and the achievement of financial objectives.

Key Responsibilities:

  • Relationship Management: Develop and maintain strong external and internal relationships to ensure customer satisfaction and loyalty. Engage with clients to achieve revenue, membership, and earnings objectives within an assigned book of business.
  • Sales and Retention Metrics: Analyze sales, account management, and business retention metrics to support profitable growth and other business objectives. Implement strategies to continually improve these metrics. Participate in prospecting and best and finalist meetings.
  • Strategic Planning: Manage strategic business plans for accounts and customer relationships, focusing on revenue growth, member retention, and financial objectives. Identify and execute cross-sell strategies from the entire spectrum of product lines and other business areas.
  • Program Implementation: Assist in establishing and implementing results-based programs and innovative initiatives for account management and business retention. Provide general supervision for junior teammates to ensure successful execution.
  • Industry Expertise: Apply in-depth knowledge of account management and business retention fields to offer valuable feedback and make decisions that enhance organizational growth and visibility.
  • Customer Solutions: Offer creative product and service solutions to address evolving client needs. Collaborate cross-functionally to ensure client's needs are met.
  • Service Efficiency: Collaborate with team members on implementation, managing the integration of client's and CVS Healthspire's internal organizations to ensure a smooth transition. Identify, implement, and monitor service efficiencies, including performance guarantees.
  • Client Monitoring: Continuously monitor client's product lines and services to ensure their needs are being met. Follow through on outstanding issues to resolution.

Required Qualifications:

  • 5+ years of experience in account management, sales, or a related field, preferably within the healthcare or insurance industry.

Preferred Qualifications:

  • Strong knowledge of the payor solutions landscape and industry trends.
  • Excellent communication, negotiation, and relationship-building skills.
  • Proven ability to manage a profitable book of business and achieve financial objectives.
  • Strategic thinking and problem-solving skills with a focus on customer satisfaction and retention.
  • Ability to work collaboratively across functions and influence decision-making.

Preferred Qualifications:

  • Bachelor's degree in Business, Marketing, Healthcare Administration, or a related field or equivalent work experience.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$54,300.00 - $159,120.00

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 our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

  • Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

  • No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

  • Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

We anticipate the application window for this opening will close on: 06/30/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

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Average salary estimate

$106710 / YEARLY (est.)
min
max
$54300K
$159120K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Mgr,Account Service (IC), CVS Health

At CVS Health, we're on a mission to create a world of health around every consumer, and we're looking for a Senior Account Manager to join our dynamic team in Maryland! This is an exciting opportunity to develop and nurture strong relationships within our Payor Solutions portfolio. In this position, you’ll engage with clients to hit key targets for customer satisfaction, revenue growth, and membership retention. Having at least 5 years of experience in account management, sales, or a relevant area, ideally within healthcare or insurance, will empower you to analyze metrics and implement strategies that boost business objectives. You will focus on managing strategic business plans that ensure financial targets are met while exploring cross-selling opportunities across our extensive product lines. Your love for building relationships and problem-solving will shine as you collaborate with internal teams to deliver tailored solutions to fit our clients’ evolving needs. So, if you're a strategic thinker with excellent communication skills and a knack for account management, the Senior Account Manager role at CVS Health is a perfect match for you. Working from home, you'll enjoy the flexibility to balance work and life while being part of a company that truly cares about your growth and well-being. Join us in transforming the healthcare experience for millions of Americans!

Frequently Asked Questions (FAQs) for Mgr,Account Service (IC) Role at CVS Health
What are the primary responsibilities of the Senior Account Manager at CVS Health?

The Senior Account Manager at CVS Health is responsible for developing and maintaining relationships to achieve customer satisfaction, revenue, membership, and earnings goals. You will analyze sales and retention metrics, manage strategic business plans, and assist in program implementation, all while focusing on the Payor Solutions portfolio.

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What qualifications do I need to become a Senior Account Manager at CVS Health?

To qualify for the Senior Account Manager role at CVS Health, you should have a minimum of 5 years of experience in account management or sales, ideally within the healthcare or insurance sectors. Strong communication, strategic thinking, and problem-solving skills are essential, as well as a Bachelor's degree in relevant fields or equivalent experience.

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How does CVS Health support the career development of a Senior Account Manager?

CVS Health provides comprehensive training and development resources for Senior Account Managers, promoting continuous learning and growth within the organization. Additionally, you will have the chance to collaborate cross-functionally and gain insights from various departments to enhance your skills and industry knowledge.

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What is the typical work environment for the Senior Account Manager role at CVS Health?

The Senior Account Manager at CVS Health enjoys a work-from-home environment, allowing for flexibility and a healthy work-life balance. This role involves significant interaction with clients and internal teams, promoting a collaborative atmosphere even in a remote setting.

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What benefits can I expect as a Senior Account Manager at CVS Health?

As a Senior Account Manager at CVS Health, you'll receive a competitive salary and a benefits package that includes affordable medical plans, a 401(k) plan, wellness programs, paid time off, and more, all designed to support your physical, emotional, and financial well-being.

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Common Interview Questions for Mgr,Account Service (IC)
How do you build and maintain relationships with clients as a Senior Account Manager?

Building relationships with clients requires effective communication and a genuine interest in their needs. I focus on regular check-ins, actively listening to feedback, and being proactive in addressing any concerns. Understanding the client's business landscape and aligning our solutions with their goals fosters trust and long-term partnerships.

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Can you describe a time when you successfully turned around a struggling account?

In one instance, I inherited an account that was at risk of churn due to unmet expectations. I scheduled a meeting with the client to understand their concerns, implemented a tailored action plan, and maintained regular follow-ups. Over time, we were able to restore their confidence in our services, resulting in increased renewals and referrals.

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What strategies do you use to meet and surpass revenue goals?

I utilize a combination of data analysis and relationship management. By closely monitoring metrics and identifying trends, I can adjust strategies accordingly. Additionally, I focus on cross-selling opportunities that align with our clients' needs, creating a win-win situation that drives revenue and client satisfaction.

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How do you handle conflicts with clients?

When conflicts arise, I prioritize open communication and empathy. I listen to the client's concerns without interruption, validate their feelings, and work collaboratively to find a resolution. This approach not only addresses the immediate issue but also strengthens our relationship for the future.

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How do you ensure service efficiency in account management?

Ensuring service efficiency involves continuous monitoring of account performance and identifying areas for improvement. I work closely with internal teams to implement performance guarantees and streamline processes, ensuring that our services meet client expectations consistently.

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What role does strategic planning play in your approach to account management?

Strategic planning is crucial in setting clear objectives and aligning all efforts towards achieving them. I develop comprehensive plans for each account that define engagement strategies, revenue goals, and member retention tactics, adapting these as necessary based on ongoing performance assessments.

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Can you give an example of how you have used data to drive decision-making?

At my previous role, I analyzed account performance data to identify stagnatingly low engagement metrics. Based on these insights, I tailored our offerings and created targeted campaigns that significantly increased client interaction and satisfaction within a quarter.

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How do you keep clients informed and engaged?

Regular updates through newsletters, quarterly reviews, and personalized communication ensure my clients are informed about product developments and value-added services. I also encourage feedback to keep the dialogue open and show that we value their input.

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What techniques do you use to promote cross-selling opportunities?

I employ a needs-based approach: by understanding my client's challenges and objectives, I can identify which additional products will genuinely benefit them. I prepare tailored presentations highlighting the synergies between our offerings to effectively present these opportunities.

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Why do you think relationship management is essential for a Senior Account Manager?

Relationship management is the backbone of account management. Trust and rapport with clients lead to open communication and collaboration. A strong relationship enables me to quickly address challenges, understand shifting needs, and identify new opportunities that contribute to mutual growth.

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We help people with their health wherever and whenever they need us. And we do it with heart. Because our passion is our purpose: Bringing our heart to every moment of your health™.

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DATE POSTED
April 22, 2025

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