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Contracts - PBM - Senior Analyst

AT CVS Health
CVS Health

Contracts - PBM - Senior Analyst

Downers Grove, IL

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
The primary responsibility of the Senior Contract Analyst is to ensure that the intent surrounding the contract negotiation process is accurately reflected in the final document. The Senior Contract Analyst will work primarily with the CVS Trade team and mid and large sized pharmaceutical manufacturers on contracts for Rebates Agreements, Confidentiality Agreements and Settlement Agreements. This includes contract generation, red lining, tracking and preparation of contractual documents for signature as part of finalizing CVS Caremark negotiated Rebate agreements. These contracts must accurately reflect CVS Caremark's current business strategies and must have approval from all respective business units, in accordance with the Contract Review and Approval Process SOP and all current regulatory requirements. The role is suited to someone who is detailed oriented, can think critically, and has the utmost integrity.

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Required Qualifications
  • Minimum of 5 years of contract experience required with a preferred knowledge of PBM business/operations.
  • Experience in redlining documents.
Preferred Qualifications
  • Demonstrated ability to manage and organize projects from start to completion
  • Prior contracting experience in healthcare and knowledge on contracting terminology
  • Proficiency in Microsoft Word
  • Proficiency in Microsoft Excel
  • Ability to work independently with little supervision
  • Ability to work and communicate effectively with multiple departments and individuals
  • Be detail oriented and have very good organizational skills
Education
  • Bachelor's Degree required, or equivalent work experience in lieu of a degree
Anticipated Weekly Hours
40Time Type
Full timePay Range

The typical pay range for this role is:$46,988.00 - $112,200.00This 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.
For more information, visit https://jobs.cvshealth.com/us/en/benefitsWe anticipate the application window for this opening will close on: 05/19/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Client-provided location(s): Downers Grove, IL, USA
Job ID: CVS-R0563143_1001
Employment Type: Full Time

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
  • 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