Senior Analyst, Rebate Financial Strategy

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.

Position Summary

As the Senior Analyst, Rebate Financial Strategy and Alignment for CVS Health, you'll play a critical role in bridging financial strategy across Underwriting, Finance and Trade. You will be responsible for analyzing key financial assumptions, identifying key financial levers, and driving initiatives that enhance rebate-related profitability and operational efficiency.

Key Responsibilities

• Work under the guidance of Senior Manager or Manager to monitor and manage the rebate financials to ensure financial targets are met.
• Leverage underwritten vs. actual performance information to identify trends, gaps, and opportunities more globally within our rebate forecast and underwriting tools.
• Work with FP&A partners to drive towards a “single source of truth” for rebate financial reporting.
• Serve as the liaison between Underwriting, Finance, and Trade to align assumptions and methodologies and provide analytics to support alignment between these teams.
• Facilitate regular calibration sessions to ensure consistency in forecasting, budgeting, and reporting.
• Identify and model financial levers to improve rebate performance and reduce liability.
• Partner with analytics and forecasting teams to assess the impact of market events and formulary changes.
• Report & communicate rebate financial executive-level reporting packages that inform strategic decisions to stakeholders.
• Risk & Opportunity Management:  Proactively identify financial risks and mitigation strategies related to rebate guarantees.
• Support the development of new rebate offerings and pricing strategies in collaboration with Trade and Sales.

**This is a remote role; candidates can live anywhere in the US.**

Required Qualifications

• 2 + years professional experience in data analytics, finance, pricing or process improvement role or equivalent combination of professional experience and education  OR 
• 1+ years professional experience in data analytics, finance, pricing, or process improvement role including 1+ year working with PBM data or PBM financial analysis.
• 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.

Preferred Qualifications

• 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 experience presenting to various business groups.
• Ability to interact with others in a collegial and professional manner and help foster teamwork and knowledge sharing to complete key tasks.
• Aptitude to communicate complex findings and conclusions in an easy-to-understand way.

Education

• Bachelor’s degree required. 
• Degree related to finance, mathematics, operations, statistics, actuarial science, data science, economics or other data related fields preferred.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

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. 
 

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 th