Senior Analyst, Pharmacy Benefits Management – Underwriting

Job Description:

  • Model and develop Truecost pricing proposals for health plan clients
  • Collaborate with PBM Sales and Account Services on pricing and negotiation strategy
  • Help achieve revenue and profitability targets for new business growth and margin retention
  • Apply advanced Excel modeling techniques to analyze large pharmacy claims datasets
  • Build forward-looking financial forecasts and profit and loss (P&L) 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 in response to market dynamics
  • Support accurate pricing implementation and minimize service warranties and performance guarantee payouts

Requirements:

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

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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