Senior Analyst, Business Financials

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.

Position Summary

Do you have a passion for data analysis and process optimization? At CVS Health you can put your skills and interests to work by joining our Financial Change Order (FCO) group.  An individual who joins our team will be responsible for building and maintaining business rules and processes to ensure client change requests are financially assessed before implementation. The team’s primary goal is to ensure proper financial controls and improve CVS Caremark client level financial performance by placing proper controls around implementation of programs or changes to a client’s benefit or formulary design. 

The Financial Change Sr. Analyst will… 

- Be responsible for evaluating potential financial impact of a plan design change using existing models or by working with internal partners. 

- Support the development of new tools user acceptance testing.

- Access data via Excel and tools such as SQL/ SAS and use financial change order models to model projected rebate guarantee impact analysis. 

- Coordinate the efforts across company teams that can include Sales, Analytic Consulting Services, Clinical Operations, Underwriting, and other departments to ensure proper controls are in place to review changes to a client’s benefit design, formulary, or implementation of a product. 

- Provide consultative support to internal stakeholders on analysis including but not limited to sales, underwriting and underwriting analytics teams. 

- This role will be supporting the client specific analyses and discussions and provide consultative support on additional ad-hoc reporting and analysis. 

- This individual will be responsible on interacting with external stakeholders and client directly and have the ability to articulate the results of the analysis in a clear, concise manner and meeting the expected deadlines of requested analysis for this client. 

Required Qualifications

- 2 years professional experience in data analytics, finance, pricing or process improvement role or equivalent combination of professional experience and education , or

- 2 years professional experience in data 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 analysis and SQL 

- Strong organizational, multi-tasking and critical thinking skill sets are required.  

- Ability to story tell the findings in clear, concise way when articulating the findings of the analysis to sales, underwriting and other stakeholders.  

- Prior experience or knowledge of PBM industry or pharmaceuticals is preferred. 

- Ability to work independently in a fast-paced environment and manage tight deadlines and competing priorities. 

- Prior experience working across many different groups within an organization. 

- Prior experience designing, implementing, and optimizing new business processes. 

- Strong presentation and communication skills with