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Mgr,Underwriter

AT CVS Health
CVS Health

Mgr,Underwriter

Springfield, 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 SummaryWould you like to join CVS Health, a Fortune 5 company , on our multifaceted Coram Home Infusion Underwriting team? In this high-level individual contributor role in our Health Plan Underwriting group, you will utilize your business, industry, competitive, client, and technical knowledge to formulate pricing strategy and to execute financial modeling of comprehensive pricing offers.As an Underwriting Manager, you will play a key role in developing and executing on some of our most complex and strategic initiatives. In doing so, you will collaborate closely with various internal teams such as Sales, Trade, Finance, Legal, Regulatory Affairs, and more.Some of your key responsibilities will include:- Collaborating with Sales and Account Services to provide recommendations on pricing and negotiation strategy to achieve revenue and profitability targets for net new business and margin retention

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- Presenting to Leadership
- Responding to questions in real-time in support of their review and approval
- Reviewing and complete financial sections of Requests for Proposals (RFPs) to define and approve scope of client support and to forecast accurate cost assumptions into client pricing offers

- Reviewing contracts and amendments to ensure client pricing offers have been incorporated accurately

- Updating and maintaining underwriting tools

- Mentoring junior level team membersYour success will be determined by your ability to communicate client pricing to internal and external partners in support of accurate pricing. You will need strong analytical skills, an ability to prioritize requests and manage tight deadlines, and an attention to detail to execute and implement evolving pricing strategies in response to market dynamics to provide competitive, profitable, and attractive pricing offers. You will have a measurable impact in this role, by helping CVS Health, and our clients win, in a competitive marketplace.Required Qualifications

- 5+ years of financial analysis, pricing, or underwriting experience required

- Highly proficient in Microsoft Excel in complex data analysisPreferred Qualifications

- Knowledge of health insurance, managed care, or prescription drug industry; with specific awareness of pricing, underwriting activities, and/or drivers of revenue and profitability
- Financial or pricing modelling
- Experience managing complex projects in a matrix environment
- Strong organizational, multi-tasking, and follow up skills
- Familiarity with legal contracts
- Growth mindset and commitment to deepening expertise across the healthcare industryEducation

- Bachelor's Degree preferred
- Equivalent Combination of education and experience may be considered Anticipated Weekly Hours
40Time Type
Full timePay Range

The typical pay range for this role is:$54,300.00 - $159,120.00This 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: 06/30/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Client-provided location(s): Springfield, IL, USA
Job ID: CVS-R0585614_1004
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