Financial Analyst Sr Advisor - Express Scripts- Hybrid

Cigna Group•Bloomington, MN

9d•Hybrid

About The Position

The Senior Advisor, Strategy & Financial Analysis partners with Supply Chain teams and cross-functional stakeholders to develop and deliver client-specific rebate modeling optimization for market checks and renewals, including standard and custom formularies. The role works with leadership to identify and drive modeling and broader process improvements in rebate and Supply Chain areas, and is an internally recognized subject matter expert in rebate modeling. The Senior Advisor collaborates with Sales & Account Management, Underwriting, Rebate Analytics, Formulary Consulting, Rebate New Sales and Prospects Modeling, Negotiations, Clinical Account Executives, and other teams. The role evaluates client data, creates modeling scenarios, advises on rebate optimization, reviews complex modeling for leadership and Pricing Committee discussions, and helps ensure that utilization management programs and formulary changes are accurately represented in financial models. It also supports team training, process documentation, interdepartmental discussions, and special projects. The position is hybrid. If working from home occasionally or permanently, the employee must obtain internet service through a cable broadband or fiber optic provider with speeds of at least 10 Mbps download and 5 Mbps upload. The anticipated annual salary is $109,200–$182,000, depending on relevant factors including experience and geographic location. The role is anticipated to be eligible for an annual bonus plan.

Requirements

Bachelor’s degree in Finance, Healthcare, or a related area.
At least 5 years of relevant work experience preferred.
Strong leadership, organizational, detail-oriented, and analytical skills.
Excellent PC skills, including Excel, PowerPoint, and MS Access.
Financial modeling experience.
Proven ability to work in a fast-paced, ever-changing environment.
Excellent relationship-building and cross-functional skills.
For occasional or permanent home working, cable broadband or fiber optic internet service with at least 10 Mbps download and 5 Mbps upload is required.

Nice To Haves

MBA.
Clinical background.
Familiarity with pharmaceutical rebate contracts.

Responsibilities

Collaborate with Sales & Account Management and Underwriting to understand client financial positions, rebate approaches, and strategic options for market checks and renewals.
Identify and propose rebate optimization opportunities and assess their long-term benefits and challenges.
Mentor Advisors and Lead Analysts to support departmental training needs.
Review key and complex client rebate models and explain their components and assumptions clearly for leadership reviews and Pricing Committee discussions.
Evaluate client data, create scenarios, and provide expert modeling and guidance for existing clients in alignment with department strategic objectives.
Work with Clinical Account Executives to ensure potential utilization management programs are accurately represented in modeling and aligned with pharmaceutical rebate contracts.
Partner with clinical senior advisor peers to analyze the financial impact of client-requested formulary changes on clients and Express Scripts.
Coordinate strategy with cross-functional Express Scripts teams, including Account Management, Pricing, Product, Finance, and New Sales.
Lead interdepartmental calls as needed to discuss rebate invoicing eligibility terms and conditions.
Lead or assist in documenting best practices and standard operating procedures for rebate modeling teams.
Optimize work processes for rebate modeling strategies and help achieve department goals.
Work on special projects and presentations for rebate modeling teams as needed.