FLDP Advisor - Hybrid

Cigna Healthcare•St. Louis, MO

1d•Hybrid

About The Position

The FLDP / Risk & Underwriting Advisor role is responsible for all underwriting activities in supporting Sales and Account Management (SAM) for renewing a portfolio of clients and for new sales clients. The FLDP / Risk & Underwriting Advisor will develop client-specific pricing strategies with competitive offers in the marketplace for all requests. These requests may include Request for Proposals (RFPs), Direct Renewals and Market Checks. The FLDP / Risk & Underwriting Advisor will also provide underwriting support for ad hoc and complex analyses with a potential financial impact. The FLDP / Risk & Underwriting Advisor will be required to gain in-depth knowledge of the PBM Industry and ESI-specific underwriting methods. Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.

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
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

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