Mgr,Industry Analytics
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. Manager, Industry Analytics If you are passionate about making a difference in the work you do, being recognized for your talent and expertise in solving complex and challenging financial/analytical problems while contributing to the success of key strategic initiatives, consider growing your career with a Fortune 5 healthcare leader!Position Summary:As a member of the Client and Network Pricing Team you will be responsible for the collaborating on drug pricing initiatives aimed at driving efficient pricing to our members. You will be responsible for analyzing, managing and implementing pricing solutions for of Caremark PBM accounts. To accomplish this, you will work to optimize prices, develop financial forecasts, and track client and pharmacy guarantees by collaborating with various internal business partners. You will collaborate with a team of financial and analytics professionals to analyze and deploy advanced methods. Some of your key responsibilities will include:
- Analyzing and developing accurate and efficient pricing for Caremark accounts in a highly regulated Med D and commercial environment
- Developing a core understanding of drug pricing, network pharmacy performance, and PBM operations
- Developing and maintaining analytic work plans
- Applying creativity in developing analytic and financial solutions
- Building customized reports concentrating on financial and operational performance
- Prioritizing competing needs to ensure focus on highest impact activities
- Quickly developing knowledge and understanding of new domains and underlying data sources
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- 5+ years experience within the PBM, Healthcare, Finance, Analytics, Mac Management, Drug Pricing and/or relevant experience
- Strong mathematical skills to collect, measure, organize and analyze data
- Excellent analytical, financial & data modeling skills
- Experience analyzing to assess quality and meaning of data
- Preparing reports stating trends, patterns, and predictions using relevant data
- Comfortable working with datasets of all sizes
- Proven working experience in data analysis
- Expert at modeling, forecasting techniques, and optimization methodologies
- Advanced proficiency in data-based programming language and pulling data (SQL, Access, SAS, R, Python etc.)
- Proficiency in Microsoft Office
- Experience working on BI tools
- Understanding of healthcare and PBM
- Comfortable with client and pharmacy contracting
- Outstanding financial acumen and ability to understand highly complex financial guarantee structures
- Excellent problem-solving skills and ability to construct analytic solutions to business problems
- Bachelor's degree or equivalent professional experience required
40Time Type
Full timePay Range
The typical pay range for this role is:$60,300.00 - $145,860.00This 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