Senior Analyst, Rebate 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.

Position Summary

As the Senior Analyst, Rebate Analytics for CVS Health, you'll play a critical role monitoring rebate guarantee performance across CVS’ book of business to identify and size global and client-specific opportunities that will aid in rebate mitigation. This may include client-level analysis, book of business analysis, review of tableau dashboards and monitoring of key performance metrics to identify value optimization opportunities to aid in ROI analysis. The team’s primary goal is to monitor client rebate performance, identify outliers, performance trends, and opportunities for exposure mitigation.

Key Responsibilities:

• Use and enhance existing models to evaluate actual rebate performance against underwriting forecasts at both client and macro levels.
• Monitor book-of-business tableau dashboards for value optimization opportunities.
• Collaborate effectively with other Rebate Analytics team members.
• Access data via Excel and tools such as SQL/SAS to assess the impact of formulary changes and market events.
• Assess the impact of formulary changes and market events on rebate performance and client profitability at a book-of-business level.
• Partner with Finance, Underwriting, Trade, and Operations to inform budget processes and support client-level accountability.
• Provide consultative support to internal stakeholders on rebate guarantee analysis.
• Support client-specific analyses and discussions and provide consultative support on additional ad-hoc reporting and analysis.

**This is a remote role; candidates can live anywhere in the US.**
Required Qualifications

• 2 + years professional experience in data analytics, finance, pricing or process improvement role or equivalent combination of professional experience and education  OR 
• 1+ years professional experience in data analytics, finance, pricing, or process improvement role including 1+ year working with PBM data or PBM financial analysis.
• Experience in Microsoft Excel-based analysis and SQL
• Strong organizational, multi-tasking and critical thinking skill sets are required.
• Ability to story tell the findings in clear, concise way when articulating the findings of the analysis to sales, underwriting and other stakeholders.

Preferred Qualifications

• Prior experience or knowledge of PBM industry or pharmaceuticals is preferred.
• Ability to work independently in a fast-paced environment and manage tight deadlines and competing priorities.
• Prior experience working across many different groups within an organization.
• Prior experience designing, implementing, and optimizing new business processes.
• Strong presentation and communication skills with experience presenting to various business groups.
• Ability to interact with others in a collegial and professional manner and help foster teamwork and knowledge sharing to complete key tasks.
• Aptitude to communicate complex findings and conclusions in an easy-to-understand way.

Education

• Bachelor’s degree required.
• Degree related to finance, mathematics, operations, statistics, actuarial science, data science, economics or other data related fields preferred.

Anticipated Weekly Hours

Time Type

Pay Range

The typical pay range for this role is:

This 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 people

We 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/benefits

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.