, Illinois

Job Description
As a member of the Client and Network Pricing Team you will be responsible for the coordination of drug pricing initiatives aimed at driving efficient pricing to our members. You will be responsible for analyzing, managing and implementing pricing solutions for hundreds 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:
• Coordinating Client and Network Pricing efforts
• Analyzing and developing accurate and efficient pricing for Caremark accounts in a highly regulated Med D environment
• Spearheading collaboration efforts with other team members and departments to solve complex pricing and analytical problems
• Developing a core understanding of drug pricing, network pharmacy performance, and PBM operations
• Identifying opportunities for process improvements with cross-functional team
• 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
Your success will be determined by your ability to meet pricing guarantees and targets and delivering on key initiatives around quality. You will be responsible for driving client satisfaction and managing internal and external expectations. You will need to bring a strong analytical mindset to a dynamic environment focusing on solving financial problems.
In this role, you will be responsible for tracking, analyzing, advising and delivering drug pricing results for client and pharmacy agreements. A key focus will be creating pricing strategies to meet our contractual commitments while minimizing risk. As a member of a highly focused, collaborative team, you will be responsible for strategic decisions and managing the process of competitive initiatives instituted to keep current to certain marketplace dynamics and to optimize profitability at a client level.

Pay Range
The typical pay range for this role is:
Minimum: 75,400
Maximum: 162,700

Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.

Required Qualifications
• 5 years of relevant experience
• Strong mathematical skills to collect, measure, organize and analyze data
• Solid 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

Preferred Qualifications
• Knowledge of Medicare Part D, Star Ratings
• Understanding of healthcare and PBM
• Ability to work in matrixed environment
• 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
• Advanced knowledge of in-depth modeling, forecasting techniques, and optimization methodologies
• Proficiency in data-based programming language and pulling data (SQL, Access, SAS, R, Python etc.)
• Proficiency in Microsoft Office
• Experience working on Tableau or other BI tools

Competencies:
• Strategic Mindset
• Financial Acumen
• Customer Focus
• Plans & Aligns
• Collaborate
• Business Insight
• Drives Results
• Manages Complexity
• Accountability
• Drives Results

Education
• Bachelor’s degree required
• Equivalent Combination of education and experience may be considered
• Advanced degree in Financial or Quantitative fields preferred

Business Overview
Bring your heart to CVS Health
Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.
We strive to promote and sustain a culture of diversity, inclusion and belonging every day.
CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. See Job Description

, Illinois

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