Senior Pricing Analyst

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.

Preferred location for this position is Scottsdale, AZ or Northbrook, IL but can be fully remote for highly qualified candidates

Do you want to make a impact in your next finance role? There is no better place than as an Underwriting Sr. Pricing Analyst (Individual Contributor) in our Client Financial Analysis and Proposals department.

As an Sr. Pricing Analyst, you will support Sales in growing our business by forecasting the profitability of multiple client pricing options and participate in the development of CVS Health’s pricing strategy to retain existing business and continue to win new accounts.

This high impact individual contributor role is critical to how CVS Health is expanding in the healthcare and pharmacy benefits management (PBM) industry.

Our Underwriting Sr. Pricing Analyst work in concert with our Sales, Strategic Proposals Management, and Analytic Consulting Services teams to provide our healthcare clients with enhanced pricing options and analytical insights to make more informed business decision that meet the needs of a rapidly changing healthcare marketplace.

Some of your key responsibilities will include :

• Collaborating with Underwriting leadership, Sales and Account Services to provide recommendations on pricing and negotiation strategy
• Developing and maintaining domain expertise across multiple levers of PBM and Enterprise profitability, including retail networking, enterprise dispensing, specialty dispensing, pharmaceutical manufacturer rebates, MAC pricing, and other product / clinical service offerings
• Preparing client Profit and Loss (P&L) statements and financial forecasts for multi-year PBM contracts
• Presenting financial forecasts and recommendations to Executive Leadership during Executive Underwriting Approval Calls
• Reviewing and completing financial sections of Requests for Proposals (RFPs) for PBM services

REQUIRED QUALIFICATIONS :

• 3 or more years financial analysis, pricing, or underwriting experienced required
• Highly proficient in Microsoft Excel. Proficient in other Microsoft business applications.

PREFERRED QUALIFICATIONS :

• 3-5 years of pricing or financial analysis experience
• Experience in health insurance, managed care, or prescription drug industry
• Strong presentation and communication skills with experience presenting to various business groups

EDUCATION :

• Bachelor’s Degree required, preferably in Finance, Mathematics, Economics or related field; or equivalent work experience may be considered
• Master’s Degree or MBA preferred

Pay Range

The typical pay range for this role is :

$43,700.00 - $100,000.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.

The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.

This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.

The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.

The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits.

CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.

As for time off, Company employees enjoy Paid Time Off ( PTO ) or vacation pay, as well as paid holidays throughout the calendar year.

Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.