The Executive Director, Employer Sales leads performance, growth, retention, and execution across a large pharmacy benefit management employer sales organization. This role serves as the operational ...
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Retention Executive information
See salary details
$26.5K - $40.8K
11% of jobs
$40.8K - $55.1K
12% of jobs
$56.8K is the 25th percentile. Wages below this are outliers.
$55.1K - $69.5K
22% of jobs
The median wage is $77.4K / yr.
$69.5K - $83.8K
10% of jobs
$83.8K - $98.1K
9% of jobs
$98.1K - $112.4K
11% of jobs
$114.6K is the 75th percentile. Wages above this are outliers.
$112.4K - $126.7K
11% of jobs
$126.7K - $141K
4% of jobs
$141K - $155.4K
11% of jobs
$155.4K - $169.7K
0% of jobs
$169.7K - $184K
1% of jobs
$26.5K
$93.6K
$184K
How much do retention executive jobs pay per year?
What is a retention executive?
What is the difference between Retention Executive vs Customer Service Representative?
| Aspect | Retention Executive | Customer Service Representative |
|---|---|---|
| Primary Focus | Customer retention and loyalty | Handling customer inquiries and issues |
| Skills Required | Communication, persuasion, relationship management | Problem-solving, communication, patience |
| Work Environment | Sales and marketing teams, client-focused | Call centers, support desks |
| Common Certifications | Customer relationship management (CRM) training | Customer service certifications |
While both roles involve communication with customers, a Retention Executive primarily focuses on maintaining customer loyalty and reducing churn through targeted strategies. In contrast, a Customer Service Representative handles day-to-day inquiries and resolves issues. The Retention Executive often requires skills in persuasion and relationship management, whereas the Customer Service Representative emphasizes problem-solving and patience. Both roles are vital in customer-centric industries but serve different functions within the customer lifecycle.
What are some common challenges faced by a retention executive, and how can they be effectively managed?
What are the key skills and qualifications needed to thrive as a retention executive, and why are they important?

Full-time
Medical, Dental, Vision, Retirement, PTO
Posted 27 days ago
CVS Health rating
5.8
Based on 4,328 frontline employees who took The Breakroom Quiz
88th of 110 rated pharmacies
Job description
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 ourselvesaccountable 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.
The Executive Director, Employer Sales leads performance, growth, retention, and execution across a large pharmacy benefit management employer sales organization. This role serves as the operational and strategic leader for employer sales, translating enterprise and segment priorities into measurable business outcomes while ensuring consistent execution across teams and client portfolios.Acting as the organizational lead, the Executive Director drives alignment among senior sales leaders, establishes performance expectations, and ensures disciplined execution against growth, retention, profitability, and client satisfaction objectives. Success is achieved through leadership influence, enterprise partnerships, data-driven decision making, and strong operating rigor-rather than direct account management responsibilities.This leader plays a critical role in helping CVS Caremark anticipate market dynamics, respond to competitive pressures, and position solutions that address employer needs in an increasingly complex healthcare environment. The Executive Director serves as a key liaison between field sales leadership and enterprise stakeholders, helping to shape priorities, remove barriers to execution, and ensure strategic initiatives are translated into measurable results.The role is highly collaborative and matrixed, requiring strong partnerships across Product, Clinical Solutions, Underwriting, Finance, Operations, Analytics, Marketing, Consultant Relations, Legal, and Technology teams. In addition, the Executive Director serves as a senior market-facing leader, representing CVS Caremark in critical client interactions, consultant engagements, finalist presentations, and strategic business reviews.Key ResponsibilitiesEnterprise Execution & Strategic Leadership- Translate enterprise, segment, and sales strategies into actionable priorities, measurable goals, and clear performance expectations across sales organizations.
- Establish operating rhythms, governance structures, and accountability mechanisms that drive consistent execution and business results.
- Partner with senior leadership to identify growth opportunities, competitive threats, market trends, and emerging employer needs.
- Drive adoption of enterprise initiatives, sales strategies, and market-facing programs across employer sales teams.
- Ensure alignment between organizational priorities, resource allocation, and market execution.
- Own oversight of revenue growth, retention, and profitability performance across employer sales portfolios.
- Lead forecasting, p and l management, and opportunity review processes to improve business predictability and execution effectiveness.
- Monitor sales performance metrics, identify risks and opportunities, and drive corrective actions when results are off track.
- Evaluate team portfolio performance to ensure balanced growth and achievement of financial objectives.
- Leverage data, analytics, and AI-enabled insights to improve decision-making, opportunity prioritization, and sales effectiveness.
- Provide executive oversight and support for strategic employer relationships, key renewals, market checks, and competitive opportunities.
- Serve as executive sponsor and escalation leader for high-profile client situations and business-critical initiatives.
- Participate in finalist presentations, executive business reviews, consultant discussions, and client strategy sessions.
- Support sales leaders in delivering consultative solutions aligned to employer objectives, trend management, clinical outcomes, and member experience goals.
- Help ensure employer clients receive differentiated values and remain positioned for long-term partnership and growth.
- Drive accountability for revenue performance, retention outcomes, and profitable growth across the employer sales organization.
- Monitor key performance indicators including p and l health, renewal outcomes, forecast accuracy, client satisfaction, and sales productivity.
- Partner with Finance, Underwriting, and Pricing teams to ensure disciplined management of growth opportunities and business performance.
- Identify operational barriers, process inefficiencies, and organizational risks affecting execution and business outcomes.
- Champion continuous improvement initiatives focused on scalability, efficiency, and operational excellence.
- Partner closely with Product, Clinical, Underwriting, Consultant Relations, Operations, Technology, Finance, Analytics, Marketing, and Legal teams.
- Represent the needs of employer clients and field teams to influence product development, service enhancements, and enterprise priorities.
- Drive resolution of cross-functional challenges impacting growth, retention, and client experience.
- Surface trade-offs, escalate complex issues, and influence enterprise decisions that support market success and organizational objectives.
- Act as a trusted advisor to executive leadership on sales performance, market trends, and strategic opportunities.
- Lead, coach, and develop Managing Directors and other senior sales leaders.
- Establish high performance standards and foster a culture of accountability, collaboration, innovation, and continuous improvement.
- Build succession plans and proactively address leadership capability gaps across the organization.
- Develop future leaders through coaching, mentoring, and targeted talent strategies.
- Support organizational effectiveness and change management initiatives across employer sales teams.
- Revenue growth
- Client retention and renewal performance
- Profitability and margin achievement
- Client Value and Financial Optimization
- Client and consultant satisfaction
- Sales productivity and operational efficiency
- Leadership effectiveness and talent development
- 12-15+ years of progressive leadership experience within PBM arena
- Demonstrated experience leading large, complex sales organizations through senior leaders and multiple layers of management.
- Strong understanding of employer-sponsored healthcare benefits, pharmacy benefit management, pharmacy benefit and healthcare legislation, specialty pharmacy, clinical programs, market dynamics, and competitive trends.
- Proven ability to drive growth, retention, and financial performance across large and complex business portfolios.
- Experience partnering with consultants, brokers, large employers, and executive decision-makers on strategic healthcare solutions.
- Established executive-level consultants and broker relationships will be highly valued
- Strong business and financial acumen with the ability to leverage analytics, market insights, and operational metrics to drive performance.
- Demonstrated success influencing cross-functional stakeholders in highly matrixed environments.
- Track record of delivering results through operating discipline, systems, talent development, and AI-supported decision-making.
- Excellent executive communication, presentation, and relationship-management skills.
- High degree of learning agility, strategic thinking, change management, and organizational leadership capability.
- Willingness to travel up to 50%.
- Bachelor's degree or equivalent.
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$120,800.00 - $265,914.00This 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.
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.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
What CVS Health employees say
Pay
Benefits
Hours and flexibility
Workplace
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About CVS Health
Sourced by ZipRecruiter
Industry
Health care and social assistance and retail
Company size
10,000+ Employees
Headquarters location
Woonsocket, RI, US