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Manager, Business Analytics
Manager, Business AnalyticsCVS Health • Northbrook, IL, US
Manager, Business Analytics

Manager, Business Analytics

CVS Health • Northbrook, IL, US
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Manager Business Analytics

At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

The Manager Business Analytics is responsible for the financial and data analysis related to manufacturer contracts negotiated by the Zinc Health Services Trade Relations team. Responsibilities include working with the Zinc Trade Relations team on contract modeling, financial strategies, providing analytics, data and support for contract negotiations. The position will also own key tools and processes that enable the Zinc negotiation cycle modeling process to efficiently meet aggressive deadlines.

This position is responsible for working independently and collaboratively with multiple teams (Negotiators, Contract Management, Trade Strategy and Operations, Trade Finance, Zinc Clinical) associated with Zinc manufacturer contracting. The Manager Business Analytics is also responsible for the maintenance and development of various Zinc Health Services reports, analysis and communication that enables modeling trade classes used by negotiators to meet aggressive deadlines.

To be successful, you will enable Executive level decision making by developing original reporting and analysis of pharmaceutical procurement strategies that directly impact the bottom line of Zinc GPO participants. You will use your experience with data reporting and analysis using multiple tools in an agile, fast-paced environment, as well as your complex problem solving and superb analytical skills. Your experience developing and presenting complex problems to multiple audiences, including executive leaders, will also be key to your success.

Zinc Health Services is a subsidiary of CVS Health. Zinc Statement : Zinc, as a GPO and affiliate of CVS Health, enters contracts to control and reduce participant organization costs. You will be responsible for devising and executing on strategies to negotiate rebate contracts with pharmaceutical manufacturers to maximize savings to Zinc's participants and clients.

Required Qualifications :

  • Minimum of 5 years of financial modeling and analysis experience
  • Mature problem solving and analytical skills
  • Demonstrated ability to manage a complex process
  • Experience independently creating complex financial models and analysis within the PBM or Managed Care Industry
  • Experience developing oral and written communications, analysis summaries and presentations
  • Experience with MS Office (Teams, PowerPoint, and Word)
  • Extensive MS Office (Excel) experience

Preferred Qualifications :

  • Financial modeling experience in the PBM industry
  • Finance background preferred
  • Experience in managed care which may include PBM, Pharma, specialty pharmacy, or health plan experience
  • Previous experience with medical data and / or medical claims
  • Experience in data mining tools and processes
  • Demonstrated quality management skills
  • Experience with Pharmacy Rx claims

    • Education :

    Bachelor's Degree in relevant field required.

    Expanded Duties :

    Key Trade Class contract modeling support

    Develop skills to enable operational cycle reporting to support Annual and Mid-Year negotiation processes.

    Expand duties to include some of the following items :

  • Creation of the option file and interface with negotiators to manage and improve across all trade classes
  • Manage of the 4 / 1 reporting for the 4 / 1 process
  • Interface with Roberta in creation of initial class list for Clinical and Negotiator review for AP and MY cycles.
  • Expand QA and Training duties form

    • Anticipated Weekly Hours : 40

    Time Type : Full time

    Pay Range : $66,330.00 - $145,860.00

    Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

    Great benefits for great people

    We take pride in our comprehensive and competitive mix of pay and benefits investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include :

  • Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
  • No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
  • Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

    • We anticipate the application window for this opening will close on : 11 / 10 / 2025

    Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

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    Manager • Northbrook, IL, US