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Client Financial Optimization – Analyst

Client Financial Optimization – Analyst

CompanyCVS Health
LocationIllinois, USA
Salary$43888 – $93574
TypeFull-Time
DegreesMaster’s, MBA
Experience LevelEntry Level/New Grad, Junior

Requirements

  • 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

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

Preferred Qualifications

  • 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