CVS Health · 4 months ago
Lead Data Scientist – Forecasting
CVS Health is the nation’s leading health solutions company, dedicated to transforming health care for millions of Americans. The Lead Data Scientist in the Forecasting Center of Excellence will develop scalable forecasting solutions, advance forecasting models, and guide junior team members while collaborating with cross-functional teams to translate modeling insights into business impact.
Health CareMedicalPharmaceuticalRetailSales
Responsibilities
Build, optimize, and deploy scalable forecasting models that support pricing, promotions, and assortment strategies across multiple product categories
Apply advanced statistical, machine learning, and deep learning methods (e.g., ARIMA, Prophet, gradient boosting, LSTMs, hybrid ensembles) for forecasting at SKU, category, and chain levels
Implement robust MLOps practices for model deployment, monitoring, and retraining using cloud platforms (Azure, GCP, AWS)
Integrate multiple internal and external data sources (e.g., coupon redemption, merchandising, competitive, and macroeconomic data) into forecasting pipelines
Collaborate with data engineering to ensure scalable, high-quality data pipelines
Partner with business stakeholders in pricing, promotions, and assortment to design and validate forecast-driven decision workflows
Coach and mentor junior data scientists, sharing best practices in forecasting, MLOps, and applied analytics
Monitor forecast accuracy, perform backtesting, and refine models to reduce error rates and improve stability
Develop frameworks for scenario planning and simulation to measure business impact of promotions, pricing strategies, and assortment changes
Qualification
Required
7+ years of experience in data science, forecasting, or applied predictive modeling
4+ years of experience building and deploying time-series forecasting models using methods such as ARIMA, Prophet, gradient boosting, LSTMs, or hybrid ensembles
4+ years of experience with Python and SQL for large-scale data processing
3+ years of experience with MLOps tools and practices (e.g., GitHub/GitLab, Docker, Kubernetes, Kubeflow, CI/CD pipelines)
3+ years of experience using cloud platforms (Azure, AWS, or GCP) and distributed computing frameworks (e.g., Databricks, Spark)
Proven track record of deploying at least 2 production forecasting models that delivered ≥10% improvement in accuracy (e.g., reduction in MAPE, WMAPE, or sMAPE)
Experience working with cross-functional teams (engineering, merchandising, pricing, assortment) to deliver at least 2+ enterprise-level data-driven solutions from design to production
Preferred
Experience forecasting across multiple hierarchy levels (SKU, category, store, chain) and handling temporal aggregation challenges
Exposure to promotion, pricing, and assortment data as forecast drivers
Familiarity with simulation frameworks for what-if analysis and demand scenario planning
Experience applying generative AI (e.g., embeddings, LLMs, foundation models) to forecasting, feature engineering, or automation
Strong ability to communicate technical results to senior leadership and business stakeholders
Experience mentoring junior team members, setting standards for modeling practices, and guiding code reviews
Experience with end-to-end forecast lifecycle management (versioning, retraining, data drift monitoring)
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, 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
Company
CVS Health
CVS Health is a health solutions company that provides an integrated healthcare services to its members.
H1B Sponsorship
CVS Health has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
Funding
Current Stage
Public CompanyTotal Funding
$4BKey Investors
Michigan Economic Development CorporationStarboard Value
2025-08-15Post Ipo Debt· $4B
2025-07-17Grant· $1.5M
2019-11-25Post Ipo Equity
Leadership Team
Recent News
Hartford Business Journal
2026-01-11
Digital Commerce 360
2026-01-07
2026-01-07
Company data provided by crunchbase