FLDP Advisor - Hybrid
About The Position
The FLDP Advisor - Hybrid position is a Band 4 Senior Contributor Career Track Role within the Underwriting & Analytics team at Evernorth. This role directly impacts business outcomes by protecting Cigna's financial position and meeting financial commitments to customers. The advisor will be responsible for all underwriting activities supporting Sales and Account Management (SAM) for renewing and new clients, developing client-specific pricing strategies, and providing underwriting support for ad hoc and complex analyses. The role requires in-depth knowledge of the PBM Industry and ESI-specific underwriting methods.
Requirements
- Bachelor’s degree in Management, Economics, Statistics, Mathematics, or Finance strongly preferred
- 4+ years of relevant financial / analytical experience
- PBM / Managed Care / Healthcare / Pharmaceutical experience preferred
- Strong interpersonal and presentation skills
- Strong analytical and problem-solving skills
- Ability to support own position with data and rationale, while being open to possibility that it may need to be re-examined
- Ability to build partnerships and work collaboratively with others to meet shared objectives
- Ability to make good and timely decisions by interpreting and applying understanding of key financial indicators
- Strong motivation to persevere despite challenges
- Excellent verbal and written communication skills
- Business acumen with leadership, innovative thinking, and customer centric mindset
- Self-starter; able to work on multiple projects simultaneously
- Strong ability with Microsoft Office Platforms and Proficient in SQL
Responsibilities
- Provides expert content/professional leadership on complex Risk & Underwriting assignments/projects
- Manages assigned book of business focused on attaining profitable growth, persistency, and earnings.
- Performs case-specific risk assessments.
- Performs account level rate development and conducts customer negotiations with Sales on a more complex book of business.
- Develops and monitors account earnings plans to achieve growth and profitability.
- Develops strategic recommendations related to market competition, products and pricing.
- Partners with sales department and brokers to deliver customer presentations and acts as financial consultant on case-specific issues.
- Influences underwriting best practice and provides input to matrix partners on product development and pricing
- Conducts ad hoc analyses which have a potential financial impact (i.e. evaluating a change in formulary request, evaluating a change in retail network or retail arrangement requests, evaluating a change in specialty arrangement request, etc.)
- Advise on contracting process and install process for renewing and new sales clients
- Responsible for effectively communicating with Leadership, SAM and other business partners in the delivery of ESI opportunities to grow and manage financial results, including the preparation of strategic directed presentations.
- Manage portfolio of clients to Strategic Plan and Budget targets by managing client specific rate relief
- Ensure client contract compliance by reviewing and approving financial performance guarantees
- Participate in department and company projects
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What This Job Offers
Job Type
Full-time
Career Level
Senior
