Job Description
Job Description
Do you have a passion for financial analysis, analytics and problem solving? At CVS Health, you can put your skills and interests to work by joining our Client P&L Strategic Implementation team. The individual who joins our team will help support the Pharmacy Benefit Management (PBM) business as part of our broader Client Financial Analysis and Proposals department. This position is an individual contributor role that focuses on financial variance analysis, identifying client specific risks, improvement opportunities, and strategic solutions. Monitoring client performance will span across multiple channels (rebates, network, specialty) and business areas for collaborative efforts in strategic implementation. Additional project work to include audit support and contract review.
-Be responsible for conducting financial variance analysis and identifying issues in order to drive towards margin enhancing solutions
-Work with pharmacy claim data to understand root causes of specific client issues
-Access and manipulate large datasets using Excel, SQL(SAS/Teradata) and similar tools
-Support complex projects related to a wide variety of financial and operational business needs
-Assist in coordinated efforts across company teams that can include Clinical Ops, IT/TI, Product Development, Finance FP&A, Trade and account management to identify issues, opportunities, and implementation of solutions
Pay Range
The typical pay range for this role is:
Minimum: 43,700
Maximum: 97,400
Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.
Required Qualifications
- 3+ years professional experience in analytics, finance, pricing or process improvement role or equivalent combination of professional experience and education (Bachelors Degree)
OR
- 2+ years professional experience in analytics, finance, pricing or process improvement role including 1+ year working with PBM data or PBM financial analysis
Preferred Qualifications
-Experience in Microsoft Excel-based modeling
-Ability to interact with others in a collaborative and professional manner while fostering teamwork and knowledge sharing to complete key tasks
-Prior experience or knowledge of PBM industry or pharmaceuticals is preferred
-Experience extracting, manipulating, and analyzing large data sets and then using it to draw conclusions
-Strong presentation and communication skills with experience presenting to various business groups
-Aptitude to communicate complex findings and conclusions in an easy to understand way
-Strong organizational, multi-tasking, and follow up skills
-Ability to work independently in a fast paced environment, manage tight deadlines, and competing priorities
Education
Bachelors degree required;
-Degree related to finance, mathematics, statistics, actuarial science, economics or other finance related fields preferred
Business Overview
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.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day.
CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
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