Description
We're building a world of health around every individual , shaping a more connected, convenient, and compassionate health experience.
Join CVS Health, a Fortune 5 company, on our multifaceted Pharmacy Benefits Management (PBM) Underwriting team. In this high-level individual contributor role, you will utilise your business, industry, competitive, client, and technical knowledge to formulate pricing strategy and execute financial modeling of comprehensive pricing offers that include retail network, mail order, specialty, and pharmaceutical manufacturer rebates for PBM client contracts.
Responsibilities:
- Collaborate with PBM Sales and Account Services to provide recommendations on pricing and negotiation strategy to achieve revenue and profitability targets for new business growth and margin retention.
- Apply advanced Excel modeling techniques to analyse large sets of pharmacy claims data and build forward-looking financial forecasts and profit and loss (P&L) statements.
- Present financial analyses to Executive Leadership during Executive Underwriting Approval Calls and respond to financial questions in real-time.
- Support Underwriting Managers and Sr. Managers with ad-hoc financial analyses and client implementation projects.
Your success will be determined by your ability to communicate client pricing to internal and external partners in support of accurate pricing implementation and to minimise service warranties and performance guarantee payouts.
Requirements:
- 4 or more years' financial analysis, pricing, or corporate underwriting experience.
- Proficient in Microsoft Excel for complex data analysis.
Preferred Qualifications:
- 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 to complete key tasks.
- Advanced Excel modelling.
- Strong organisational, multi-tasking, and follow-up skills.
- Strong presentation and communication skills with experience presenting to various business groups.
- Master's Degree.
Education:
- Bachelor's Degree preferably in Finance, Mathematics, Economics, or related field; or equivalent work experience.
Benefits:
- Medical, dental, and vision coverage.
- Paid time off.
- Retirement savings options.
- Wellness programs.
Salary Range: $46,988.00 - $122,400.00