Director, Cigna Pharmacy Client Pricing

The Cigna Group • Bloomfield, CT

5d

About The Position

This role is on the Cigna Pharmacy Finance team supporting Cigna Healthcare integrated pharmacy members in US Employer and IFP. Specifically, this Director will collaborate with Finance, Sales and Operational leadership to define the client pricing management strategies and manage a team responsible for executing those client pricing initiatives while optimizing opportunities for innovation, automation, and operational excellence.

Requirements

• Bachelor’s degree in Finance, Actuarial Science, Mathematics, Information Management or related field strongly preferred
• 8+ years of financial analysis experience
• Experience leading and developing a team
• Strong verbal and written communication skills
• Ability to travel as needed – likely 1 week/quarter
• Ability to foster collaboration and thrive in a heavily matrixed and highly dynamic environment
• Strong analytical and problem-solving skills
• Strong proficiency in Excel and Office suite

Nice To Haves

• Experience with data analysis, data management, process management and/or Pharmacy is preferred
• experience with R, Databricks, Python, data management tools a plus

Responsibilities

• Lead the client MAC pricing and Specialty pricing methodologies, including model development, scenario analysis, and operational rollout, to optimize financial outcomes for the business and support key strategic initiatives
• Drive enhancements to pricing methodologies by partnering with matrix partners in designing and implementing innovative pricing strategies and by deriving insights from claim experience and competitive intelligence.
• Support the development and implementation of innovative pricing solutions in support of new Cigna Pharmacy programs and initiatives including PBM 3.0., transparency pricing, etc.
• Own the end-to-end modeling and operational implementation of discount performance guarantees management for Cigna clients, enabling accurate forecasting and achievement of financial commitments.
• Direct the design, execution, and performance management of drug pricing strategies to support enterprise earnings targets while ensuring full compliance with client contractual commitments.
• Partner with the U.S. Employer, Pharmacy Pricing and Pharmacy FP&A teams to set discount targets for the Facets commercial book of business and lead cross-functional implementation efforts to deliver full-year discount performance within targets.
• Present impact of various client pricing strategies to Pharmacy Finance, Sales, Product and Pricing leadership to drive consensus on the strategies and initiatives to implement.
• Connect client pricing management insights to financial results and consult with the Pharmacy FP&A team on potential impacts to projections.
• Work closely with the Pharmacy Pricing team in deriving insights that can lead to improvements in the Pricing and Underwriting tools.
• Collaborate with matrix partners in assessing, developing, and implementing innovative client pricing solutions.
• Create a supportive team environment that emphasizes learning, sharing, continual improvement, regular feedback, support for exam progress, and ongoing career counseling.

Benefits

• Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs.
• We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Director