CVS Health
Scottsdale, Arizona, United States
Underwriting and Analytics Senior Consultant
Posted over 1 month ago
Job Description
Job Description
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 clients 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 IngenioRx 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
Join the company helping people on their path to better health! Our organization offers a competitive benefit package including vacation and holiday paid time off, health/dental/vision insurance, work/life balance, employee discounted stock purchase program, 401K, tuition reimbursement, and employee discounts at all CVS stores.
Required Qualifications
2+ years in a health plan actuarial role, PBM financial analysis or underwriting role, or comparable industry experience.
Preferred Qualifications
Strong Technical skills - particularly in excel and SQL/SAS
Prior PBM/Health Plan experience
Actuarial experience and Actuarial certifications a plus
Education
Bachelor's degree in mathematics, finance, economics, statistics, actuarial science or other data related fields.
Business Overview
At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.
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 clients 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 IngenioRx 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
Join the company helping people on their path to better health! Our organization offers a competitive benefit package including vacation and holiday paid time off, health/dental/vision insurance, work/life balance, employee discounted stock purchase program, 401K, tuition reimbursement, and employee discounts at all CVS stores.
Required Qualifications
2+ years in a health plan actuarial role, PBM financial analysis or underwriting role, or comparable industry experience.
Preferred Qualifications
Strong Technical skills - particularly in excel and SQL/SAS
Prior PBM/Health Plan experience
Actuarial experience and Actuarial certifications a plus
Education
Bachelor's degree in mathematics, finance, economics, statistics, actuarial science or other data related fields.
Business Overview
At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
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