CVS Health Job - 45461583 | CareerArc
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Company: CVS Health
Location: Northbrook, IL
Career Level: Mid-Senior Level
Industries: Retail, Wholesale, Apparel


Job Description
Do you have a passion for data analysis and process optimization? At CVS Health you can put your skills and interests to work by joining our Financial Change Order (FCO) group! An individual who joins our team will collaborate closely with internal partners to ensure CVS Health is providing market competitive rebate offers while also ensuring the financial integrity of the business. You will work closely with key internal partners including sales, underwriting, rebate forecast, legal, trade and proposals. As a FCO manager, you will be an individual contributor responsible for evaluating what areas of CVS Health are impacted by various change requests submitted by sales (or others) and using various excel model applications to quantify the financial implications of these changes. The individual would also assist in developing technology to automate common requests including batch requests needed in support of rebate transparency reporting. The team's primary goal is to ensure proper financial controls and improve CVS Caremark client level financial performance by placing proper controls around implementation of programs or changes to a client's benefit or formulary design while also helping our clients understand the financial implications of their decisions.

The Financial Change Manager will…
o Be responsible for evaluating and quantifying a change's potential financial impact using existing models or by working with internal partners.
o Support the development of new tools to automate some reviews and approvals of various client changes or product implementations
o Access data via Excel and SQL tools such as SAS
o Coordinate the efforts across company teams that can include Sales, ANCS, Clinical Ops, Underwriting, and other departments to ensure proper controls are in place to review changes to a client's benefit design, formulary or implementation of a product

Pay Range
The typical pay range for this role is:
Minimum: 60,300
Maximum: 130,000

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
o Bachelor's degree required;
o 3 - 5 years professional experience in data analytics, finance, pricing or process improvement role or equivalent combination of professional experience and education

Preferred Qualifications
o Degree related to finance, mathematics, operations, statistics, actuarial science, epidemiology, economics or other data related fields preferred.
o Experience in Microsoft Excel-based analysis, models and SQL
o Strong organizational, multi-tasking, and follow up skills.
o Prior experience or knowledge of PBM industry or pharmaceuticals is preferred
o Developing and maintaining expertise across multiple levers of PBM and Enterprise profitability, including retail networking, pharmaceutical manufacturer rebates, and other product/clinical service offerings
o Ability to work independently in a fast paced environment and manage tight deadlines and competing priorities
o Prior experience working across many different groups within an organization
o Prior experience designing, implementing, and optimizing new business processes
o Strong presentation and communication skills with experience presenting to various business groups
o Ability to interact with others in a collegial and professional manner and help foster teamwork and knowledge sharing to complete key tasks

o Bachelor's degree required;
o Degree related to finance, mathematics, operations, statistics, actuarial science, epidemiology, economics or other data related 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. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.

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