Client Financial Analysis & Optimization Analyst

About the role

We're building a world of health around every individual. You'll join a team that cares deeply, innovates with purpose, holds itself accountable, and prioritizes safety and quality.

Responsibilities

• Provide financial consultation and pricing support to help CVS Caremark win and retain business.
• Work directly with the client and the sales team to provide insight into a client's pharmaceutical data to make informed decisions on their key health care strategies.
• Build and maintain effective working relationships with internal partners including sales, clinical, account management, finance, underwriting, operations, networks, trade, and product marketing.
• Gain insight into the PBM or a client’s business problem to be solved; formulating a data-driven approach to solve the problem; and presenting solutions to the client or executive team.
• Provide consultation on all aspects of PBM pricing offers, including retail networks, specialty and mail dispensing, pharmaceutical manufacturer rebates, and administrative fees.
• Develop and apply information on pricing concepts and strategies to create competitive financial offers.
• Understand and support client’s financial goals and objectives.
• Manage tight deadlines, ensure deliverables are met and accurate.

Requirements

• 1 year of overall related experience pertaining to: 1 year of experience in analytic skills, 1 year of experience in a field such as: finance, mathematics, operational analysis, statistics, epidemiology, sales and marketing research, accounting, economics or other data-driven field.
• Experience requirements may be met through educational and/or internship experience.
• Experience extracting, manipulating, and analyzing Big Data (data bases containing multiple terabytes of data) and then using it to draw relevant conclusions.
• Knowledge of SAS or other statistical and database software, including STATA, SPSS, R, and SQL highly preferred.
• Experience or knowledge of pharmaceuticals or health care industry is preferred.
• Bachelor’s degree or equivalent work experience.

Qualifications

• Bachelor’s degree or equivalent work experience.
• MBA or Master’s in data analytics, finance, economics, or similar quantitative field preferred.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills.
• Ability to work independently and as part of a team.
• Proficiency in Microsoft Excel and other data analysis tools.

Benefits

The typical pay range for this role is $43,888.00 - $93,574.00. 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 that they belong. Great Benefits For Great People We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families. This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.