Business Analytics - Senior Analyst
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 a member of the Client and Network Pricing Team you will be responsible for supporting drug pricing initiatives aimed at driving efficient pricing to our members for Commercial, Medicaid, Med D, and other Lines of Business. Some of your key responsibilities will include:
- Reviewing MAC prices and communicate recommendations to the client
- Respond to client requests for information and reports
- Establish and implement MAC prices
- Performing QC steps to confirm the accuracy of price updates
- Developing a core understanding of drug pricing, underwriting, network pharmacy performance, and PBM operations
- Identifying opportunities for process and documentation improvements
Required Qualifications
- 3+ years work experience in underwriting, network provider relations, finance or analytics.
- SAS, SQL or Python experience
- Strong Excel skills
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- 1+ year experience in healthcare, pharmacy or PBM.
- Strong organizational skills & time management
- Effective problem-solving and analytical skills
- Possess a desire to learn and grow through tackling new challenges
- Adept at execution and delivery (planning, delivering, and supporting) skills
- Experience with business intelligence
- Adept at collaboration and teamwork
- Innovative thinker who is not afraid to propose new ideas and alternative solutions to a problem
- History of problem solving and decision-making skills
- Mastery of growth mindset (agility and developing yourself and others) skills
- Understanding of how a PBM works
- Bachelor's degree preferred
40Time Type
Full timePay Range
The typical pay range for this role is:$46,988.00 - $102,000.00This 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 peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- HSA
- HSA With Employer Contribution
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
Professional Development
- Tuition Reimbursement
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program