Manager ,Analytic Services

Posted:
9/3/2024, 5:30:40 AM

Location(s):
Illinois, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

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 want to make a large impact in your next role? Join CVS Health as an Analytics Manager, where you will be responsible for Financial Analysis within the team. Here, you will support CVS Health and Finance leadership to drive value through networks, formulary and sub-client pricing strategies.

In this high impact position, you will support key financial analysis activities by developing and leading a team of ANCS Analysts. This role will manage vast, complex financial analysis designed to meet the business needs of CVS Health, Aetna, and Aetna's customers.

To be successful, you will possess and maintain expert knowledge of the PBM and Health Plan Insurance industry economics. The successful candidate will have proven their ability to build a high-performing team of knowledge-based employees with the necessary business acumen and technical skills to contribute to the goals of their team. The successful candidate will also have a track record of demonstrating the skill sets necessary to build a deep understanding of the client’s business and goals to successfully execute on strategies targeted at improving financial outcomes with supporting data. You will also demonstrate a high level of consistency and expertise in using logic and analytic skills to direct client analysis in response to specific business questions and be able to communicate the findings, including methodology and estimated outcomes. Additionally, the successful candidate will have proven experience developing and executing support capabilities to meet existing and future client needs and will work with internal terms to enhance analytic support for clients. This will require developing an understanding of levers of PBM and enterprise profitability as well as utilizing the tools and processes for pricing current and prospective clients.

Responsibilities include:
• Achieve and maintain high levels of employee engagement
• Manage all analytic activities ensuring timeliness, accuracy, and consultative value of analytic output. Allocate resources effectively and efficiently to meet internal and external customer needs.
• Develop and maintain relationships with Sales and Account Management
• Develop relationships with IngenioRx Finance, Pricing and Sales teams and provide data-supported consultation
• Work with internal partners to facilitate and support development of analytic models and analytic solutions
• Acquire and maintain leading-edge knowledge of PBM plan management strategies and solutions
• Ability to work independently a high percentage of the time in a fast-paced environment and manage tight deadlines with appropriate level of delegation to team members
• Participate in client meetings as needed and requested. Travel to clients as needed either as an individual contributor or as part of coaching team members


Required Qualifications
- 5 or more years of experience in health plan actuarial, PBM, financial analysis and/or underwriting role

Preferred Qualifications
-ANCS experience strongly preferred

Education

Bachelor's degree or equivalent work experience required

Pay Range

The typical pay range for this role is:

$54,300.00 - $159,120.00

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.  
 
For more detailed information on available benefits, please visit Benefits | CVS Health

We anticipate the application window for this opening will close on: 02/28/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

CVS Pharmacy Inc

Website: https://cvshealth.com/

Headquarter Location: Woonsocket, Rhode Island, United States

Employee Count: 10001+

Year Founded: 1963

IPO Status: Public

Last Funding Type: Post-IPO Equity

Industries: Health Care ⋅ Medical ⋅ Pharmaceutical ⋅ Retail ⋅ Sales