Senior Analyst, Pharmacy Benefits Management – Underwriting

Job not on LinkedIn

🔥 0 minutes ago

🏈 Alabama, Arizona, +42 more states – Remote

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💵 $47k - $122.4k / year

⏰ Full Time

🟠 Senior

📋 Underwriter

Where this job comes from

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

First seen by Remote Rocketship 0 minutes ago

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Logo of CVS Health

CVS Health

10,000+ employees

Founded 1963

🏥 Healthcare

⚕️ Healthcare Insurance

🛒 Retail

Healthcare • Healthcare Insurance • Retail

CVS Health is a leading American healthcare company dedicated to improving health access and affordability. The company focuses on a comprehensive approach that includes health services, health insurance, and pharmacy benefits management. Through its subsidiaries, such as Aetna and CVS Caremark, CVS Health offers a range of services that facilitate wellness, condition management, and affordable prescription drug coverage. CVS Health operates neighborhood pharmacies, provides mail-order pharmacy services, and manages specialty medication programs, aiming to make healthcare convenient and accessible for everyone. Driven by a mission to connect people with essential care services, CVS Health is committed to fostering healthier communities and supporting the wellbeing of all individuals.

📋 Description

• Apply complex financial, contractual, and business strategies to large, high-impact PBM client agreements • Assist in maintaining and developing contracts reflecting evolving industry strategies • Support health plan client retention and operational execution of negotiated terms • Mitigate financial and relationship risks • Facilitate strategic discussions with health plan clients and consultants • Negotiate contracts that accurately memorialize agreed-upon terms and conditions • Review pricing commitment documents • Assist with drafting, negotiation, approval, execution, and renewal of full contracts • Support contract strategies across clients, vendors, and/or providers • Adhere to contract governance processes, documentation standards, and approved workflows • Build strategic partnerships with Sales, Underwriting, Legal, Finance, Proposals, and Consultant Relations • Ensure proper documentation, execution, and handoff of contracts across internal stakeholders • Communicate contracting edits to internal partners and implement evolving legal strategies to provide competitive, profitable pricing offers

🎯 Requirements

• 4 or more years’ financial analysis, pricing, or corporate underwriting experience • Proficient in Microsoft Excel in complex data analysis • Comprehensive knowledge of PBM finance • Proficiency in Microsoft Office Suite (e.g., Excel, Word, PowerPoint, Outlook) • Experience managing complex legal documents • Strong organizational, multi-tasking, and follow up skills • Ability to interact with all level of management, including VPs and executives • Prior experience working across many different groups within an organization • Strong presentation and communication skills with experience presenting to various business groups • Bachelor’s Degree preferably in Finance, Political Science or Pre-Law, Business, Economics, or related field; or equivalent work experience • Qualified applicants with arrest or conviction records will be considered in accordance with all federal, state and local laws

🏖️ 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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