Job Abstract

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary

Do you want to make a large impact in your next role? Join CVS Health as an Underwriting and Analytics Senior Consultant, where you will be responsible for Financial Analysis and Underwriting within the team. Here, you will work on key pricing activities to retain and grow pharmacy lives and support CVS Health and Finance leadership to drive value through networks, formulary and sub-client pricing strategies.

In this high impact position, you will support key underwriting and financial analysis activities with a team of Underwriters and Analysts. This role will manage vast, complex PBM pricing strategies and pricing deployment designed to meet the business needs of CVS Health, client and client's customers.  This position will report into the Sr. Manager of UW & ANCS.

To be successful, you will possess and maintain expert knowledge of the PBM and Health Plan Insurance industry economics. The successful candidate will have proven their ability to work on a high-performing team of knowledge-based employees with the necessary business acumen and technical skills to contribute to the goals of their team. The successful candidate will also have a track record of demonstrating the skill sets necessary to build a deep understanding of the client’s business and goals in order to successfully execute on strategies targeted at improving financial outcomes with supporting data. You will also demonstrate a high level of consistency and expertise in using logic and analytic skills to direct client analysis in response to specific business questions and be able to communicate the findings, including methodology and estimated outcomes. Additionally, the successful candidate will have proven experience executing support capabilities to meet existing and future client needs and will work with internal terms to enhance analytic support for clients. This will require developing an understanding of levers of PBM and enterprise profitability as well as utilizing the tools and processes for pricing current and prospective clients.

Responsibilities include:

• Leading underwriting activities and implementing client pricing
• Ad-hoc analysis to support and validate client requests
• Developing and maintaining relationships with Sales and Account Management
• Developing relationships with CarelonRx Finance, Pricing and Sales teams and assist in providing data-supported consultation
• Understanding needs of key team members and working with internal partners to develop and execute plans for enhancing analytical support provided to the client
• Working with internal partners to facilitate and support development of analytical models and analytic solutions
• Acquiring and maintaining leading-edge knowledge of PBM plan management strategies and solutions
• Ability to work both independently and part of a group in a fast-paced environment and manage tight deadlines
 

Required Qualifications

• 2+ years in a health plan role, benefits, PBM financial analysis, or comparable industry experience.

Preferred Qualifications

• Strong Technical skills – particularly in excel and SQL/SAS

• Prior PBM/Health Plan experience

Education

• Bachelor's degree or equivalent work experience required.

Pay Range

The typical pay range for this role is:

This 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.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits