Note: The job is a remote job and is open to candidates in USA. CVS Health is a healthcare company focused on creating a more connected, convenient, and compassionate health experience. The Client Financial Analysis & Optimization Analyst provides financial consultation and pricing support to help CVS Caremark win and retain business, analyzes pharmaceutical and client data, and presents data-driven recommendations. The role collaborates across sales, clinical, finance, underwriting, account management, and product marketing teams, with an initial 18-month rotation across business units.
Responsibilities
- Build and maintain effective working relationships with internal partners including sales, clinical, account management, finance, underwriting, operations, networks, trade, and product marketing
- Gain insight into the PBM or a client’s business problem to be solved; formulating a data-driven approach to solve the problem; and presenting solutions to the client or executive team
- Provide consultation on all aspects of PBM pricing offers, including retail networks, specialty and mail dispensing, pharmaceutical manufacturer rebates, and administrative fees
- Develop and apply information on pricing concepts and strategies to create competitive financial offers
- Understand and support client’s financial goals and objectives
- Manage tight deadlines, ensure deliverables are met and accurate
- Occasional travel to client site to participate in client meetings may be required
Skills
- 1 year of overall related experience pertaining to:
- 1 year of experience in analytic skills
- 1 year of experience in a field such as: finance, mathematics, operational analysis, statistics, epidemiology, sales and marketing research, accounting, economics or other data-driven field
- Experience requirements may be met through educational and/or internship experience
- Bachelor's Degree or equivalent work experience
- Experience extracting, manipulating, and analyzing Big Data (data bases containing multiple terabytes of data) and then using it to draw relevant conclusions
- Knowledge of SAS or other statistical and database software, including STATA, SPSS, R, and SQL highly preferred
- Experience or knowledge of pharmaceuticals or health care industry is preferred
- Experience in advanced Microsoft Excel-based modeling
- MBA or Master's in data analytics, finance, economics, or similar quantitative field
Benefits
- CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
- Medical, dental, and vision coverage, based on eligibility.
- Paid time off, based on eligibility.
- Retirement savings options, based on eligibility.
- Wellness programs, based on eligibility.
- Other resources designed to support the physical, emotional, and financial well-being of colleagues and their families, based on eligibility.
Company Overview