Executive Director, Regulatory Advocacy

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.

Position Summary

CVS Health is currently hiring for a dynamic leader to join the State Government Affairs team as an Executive Director, Regulatory Advocacy.  This role is responsible for developing and implementing strategies to advocate enterprise positions with regulatory agencies to position the company for success. 

Major Responsibilities:

• Develops and executes day-to-day regulatory advocacy strategy on enterprise and state specific regulatory matters to support business goals and objectives and to advance company initiatives.  This includes resolving high-complexity issues.
• Supports the legal and compliance departments with market conduct exam issues and advises business leadership on regulatory and political developments that influence relevant jurisdictions or policy/issues areas.  Identifies and escalates those outside of scope as appropriate.
• Coordinates with policy team to develop policy positions and coordinates with state affairs team members to execute advocacy strategy and facilitates positioning with national advocacy organizations including relevant trade associations, to influence their positions, tactics, and strategies to support enterprise goals.
• Supports greater education and understanding of industry practices at the National Association of Insurance Commissioners (NAIC) and other venues.
• Builds and manages relationships with senior stakeholders in government, policymakers, regulatory agencies, trade associations, and other external stakeholders.
• Represents the enterprise and its specific businesses in advocacy efforts, as appropriate to highlight company initiatives and footprint.
• Makes internal and external written and oral presentations on behalf of the company.
• Manages external consultants supporting policy and government affairs objectives at the NAIC.
• Regularly demonstrates extremely unique and specialized expertise within area of focus, with Government Affairs-wide recognition of expertise.

Travel:

This position may travel 40% of the time, including some weekends.  It is expected that this leader will attend all meetings of designated regulatory organizations and relevant trade association meetings throughout the year.  

Required Qualifications: 

• 10+ years of expertise in state legislative, regulatory and/or industry experience; or any combination of education and experience, which would provide an equivalent background.   
• Experience developing and managing strategic advocacy activities that achieve desired outcomes.
• Experience in health care policy, insurance, pharmacy benefit management and/or healthcare issues.
• Experience dealing with state regulators and other executive staff in state government.
• Proven, effective oral and written communication skills and interpersonal skills necessary to interact with a variety of Company management, retained counsel, regulators, staff of trade associations and other key stakeholders.
• Ability to handle several complex and difficult projects simultaneously and meet deadlines.
• Self-starter with the ability to act independently, demonstrates initiative, creative and resourceful. 
• Mastery of Microsoft Office products, most notably Teams, Outlook, Excel, and PowerPoint.

Education:

Bachelor's Degree required in related field.

Master’s Degree preferred.

Pay Range

The typical pay range for this role is:

$175,100.00 - $334,750.00

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. 
 

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