Analyst, FP&A – Medicare/Medicaid COGS & Network Performance

CVS Health•Hartford, CT

2d•Onsite

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary The Analyst, FP&A – Medicare/Medicaid COGS & Network Performance supports financial planning, forecasting, and variance analysis for Medicare and Medicaid pharmacy network costs (COGS) within CVS Health’s Pharmacy Services business. Reporting to the Manager, FP&A Medicare/Medicaid COGS & Network Performance, this role contributes to COGS budget and forecast development, monitors network margin performance, and provides analytical support for understanding the financial interplay between client guarantees and pharmacy reimbursement. The Analyst helps ensure that COGS is accurately planned, tracked, and explained to Finance and operational leadership.

Requirements

Up to 2 years of prior relevant and practical experience
Proficiency in Excel and experience with large data sets
Proficiency in S4/SAP/HANA
Analytical skills with the ability to decompose multi-driver variances and communicate findings clearly
Effective written and verbal communication; ability to prepare management-ready reporting
Collaborative work style with ability to partner across Finance and cross-functional teams

Nice To Haves

Tableau or similar visualization tool experience preferred
Financial planning and cost analysis experience, ideally in a PBM, managed care, or health benefits environment
Understanding of pharmacy COGS drivers including MAC pricing, drug mix, and network utilization

Responsibilities

Supports financial planning, forecasting, and variance analysis for Medicare and Medicaid pharmacy network costs (COGS) within CVS Health’s Pharmacy Services business.
Contributes to COGS budget and forecast development.
Monitors network margin performance.
Provides analytical support for understanding the financial interplay between client guarantees and pharmacy reimbursement.
Helps ensure that COGS is accurately planned, tracked, and explained to Finance and operational leadership.