Senior Analyst, Pharmacy Benefits Management – Underwriting

Job not on LinkedIn

🕒 July 27

🏈 Alabama, Arizona, +42 more states – Remote

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💵 $47k - $122.4k / year

⏰ Full Time

🟠 Senior

📋 Underwriter

👻 Ghost score 23%

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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

• Formulate pricing strategy and execute financial modeling of comprehensive PBM pricing offers • Analyze retail network, mail order, specialty, and pharmaceutical manufacturer rebates for PBM client contracts • Collaborate with PBM Sales and Account Services on pricing and negotiation strategy • Provide recommendations to achieve revenue and profitability targets for new business growth and margin retention • Apply advanced Excel modeling techniques to analyze pharmacy claims data • Build forward-looking financial forecasts and profit and loss statements • Present financial analyses to Executive Leadership during Executive Underwriting Approval Calls • Respond to financial questions in real time • Support Underwriting Managers and Senior Managers with ad hoc financial analyses and client implementation projects • Execute and implement evolving pricing strategies to provide competitive, profitable, and attractive pricing offers • Support accurate pricing implementation and minimize service warranties and performance guarantee payouts

🎯 Requirements

• 4 or more years’ financial analysis, pricing, or corporate underwriting experience • Proficient in Microsoft Excel in complex data analysis • Basic knowledge of PBM finance • Experience managing complex projects over 3–12 months in a matrix environment • Ability to interact with others in a professional manner and help foster teamwork and knowledge sharing • Advanced Excel modelling • Strong organizational, multi-tasking, and follow-up skills • Strong presentation and communication skills with experience presenting to various business groups • Bachelor’s Degree preferably in Finance, Mathematics, Economics, or related field; or equivalent work experience may be considered

🏖️ Benefits

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

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