Financial Analysis Sr Advisor - Retail Networks-Express Scripts-Remote-
The Cigna GroupAbout the role
The Senior Advisor, Strategy & Financial Analysis will partner with other Supply Chain teams and cross-functional stakeholders to strategize and deliver client-specific retail network modeling optimization for new business, market checks and renewals. These teams include: Retail Network Underwriting Analysis, Product, Sales & Account Management (SAM), Underwriting, Next Generation Engine (NGE) Support among others. As a part of this team, the Senior Advisor will work with leadership to identify and drive not only modeling improvements but also overall process improvements in the retail network and Supply Chain areas. Internally recognized and trusted as the retail network subject matter expert.
Responsibilities:
- Collaborate with SAM and Underwriting teams to understand current client financial position, RFP requirements and retail network approach as well as strategic options for market checks, renewals and new business
- Ideate and propose strategic retail network optimization opportunities and understand long-term benefits and challenges associated with those optimization opportunities
- Mentor Advisors and Lead Analysts to help support department training needs
- Support team leadership by reviewing key / complex client retail network modeling and "translating" modeling primary components and assumptions into concise and understandable format and messaging for leadership reviews and Pricing Committee
- Evaluate client data, create scenarios, and provide expert modeling and guidance for existing and new clients in alignment with department strategic objectives that drive value to both clients and Express Scripts
- In collaboration with Underwriting and SAM discuss any potential custom or narrow network options under evaluation to ensure that all modeling and requirements of these network are accurately represented and in alignment with provider contracts
- Partner with Underwriting to analyze the financial impact of client requested network changes to both the client and Express Scripts
- Strategize with cross-functional areas of Express Scripts, including but not limited to Account Management, Pricing, Product, Finance, and New Sales
- Lead interdepartmental team calls as required to discuss retail network financials
- Lead and / or assist in documenting best practices / SOPs for retail network modeling team
- Ensures optimization of work processes for retail modeling strategies and achievement of department goals
- Work on special projects and presentations as needed for the retail network modeling teams
Qualifications:
- Bachelor’s degree in Finance, Statistics, Mathematics, Economics, or equivalent work experience
- 5+ years plus of extensive experience in Healthcare, Financial Analysis, or related area preferred
- Proficient with Microsoft Excel; Experience with SQL/SAS/Access a plus
- Demonstrate modeling, trending and forecasting skills; client guarantee underwriting knowledge preferred
- Demonstrate initiative with commitment and ability to work under pressure and meet tight deadlines
- Proven ability to work collaboratively in complex matrix organizations and agile teams
- Blend creativity, relentless problem-solving and business acumen to drive innovation through analytics
- Strong verbal/written communication skills to work with various matrix partners, including but not limited to underwriting, pharmacy network strategy and the team supporting NGE.
- Knowledge of PBM or Healthcare industry preferred
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.For this position, we anticipate offering an annual salary of 109,200 - 182,000 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
At The Cigna Group, you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, click here.
About Evernorth Health Services
Evernorth Health Services, a division of The Cigna Group, crApply for this role
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