Senior Analyst, Underwriting

Job not on LinkedIn

🔥 3 minutes ago

🌵 Arizona – Remote

infoinfo

💵 $47k - $122.4k / year

⏰ Full Time

🟠 Senior

📋 Underwriter

Where this job comes from

Posted on CVS Health Careers's careers page, not through a job board

First seen by Remote Rocketship 3 minutes ago

Logo of CVS Health Careers

CVS Health Careers

10,000+ employees

🏥 Healthcare

🛒 Retail

📦 Logistics

Healthcare • Retail • Logistics

CVS Health Careers is the recruitment and employer branding arm of CVS Health, showcasing job opportunities across the company's broad operations—pharmacy retail stores, pharmacy services, health care clinics, distribution warehouses, corporate functions and transportation. The careers site emphasizes purpose-driven work focused on improving access, affordability and quality of health care, and highlights a large workforce (300,000+ employees), inclusive culture, benefits, and hiring resources for applicants.

📋 Description

• Assess risk and develop recommendations to maximize client value while retaining margin in the PBM and Enterprise • Develop pricing recommendations for multiple lines of business based on competitive analysis • Assist Aetna Underwriting leadership with downstream pricing by providing segment-specific data • Complete tasks in Caremark Underwriting models • Modify Fee Authorization Forms appropriately • Perform ad hoc analysis for internal and client requests • Develop and maintain relationships with Sales and Account Management • Work with Caremark and Aetna Finance partners on margin budget development and validation • Create and update complex Pricing Commitment Documents reflecting pricing and contract terms • Advise Caremark Legal as the Underwriting subject matter expert during contract negotiations • Provide analysis and advice on implementation scenarios related to regulatory changes • Work with internal partners to understand downstream implications of pricing strategies and facilitate accurate, timely implementation • Acquire and maintain knowledge of PBM plan management strategies and solutions • Report to the Senior Manager of PBM Underwriting

🎯 Requirements

• 3 years in a health plan actuarial role, PBM financial analysis or underwriting role, or comparable industry experience • Bachelor’s degree in mathematics, finance, statistics, actuarial science or other risk management or data related fields, or equivalent experience • Prior PBM/Health Plan or PBM/Employer experience preferred • Actuarial experience and actuarial certifications a plus • Strong technical skills, particularly in Excel • Ability to analyze and make recommendations when not all information is available • Ability to self-direct to find solutions with minimal guidance • Ability to work independently and as part of a group in a fast-paced environment • Ability to manage tight deadlines • Ability to develop expert knowledge of PBM and health plan insurance industry economics • Ability to communicate findings, methodology and estimated outcomes • Experience driving process improvement and executing support capabilities

🏖️ Benefits

• Medical coverage • Dental coverage • Vision coverage • Paid time off • Retirement savings options • Wellness programs • Other resources supporting physical, emotional, and financial well-being • CVS Health bonus, commission or short-term incentive program in addition to base pay

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