Senior Analyst, Pharmacy Underwriter

CVS Health•Hartford, CT
•$46,988 - $112,200•Onsite

About The Position

CVS Health is seeking a Sr Analyst, Pharmacy Underwriter to support new business and renewal case-specific ASC (self-insured) Pharmacy Pricing. This role involves developing competitive and profitable financial offers and providing financial responses for Request For Proposal questionnaires. The ideal candidate will anticipate customer needs, facilitate negotiations with tact and diplomacy, and be involved in training, projects, and mentoring others. This position primarily focuses on complex or high-visibility cases, markets, or underwriting methods. Candidates must possess both underwriting and pharmacy experience.

Requirements

  • 3 years of relevant work experience
  • 2 - 3 years of Pharmacy Underwriting experience required for this role
  • Candidates must have both underwriting and pharmacy experience

Nice To Haves

  • Extensive knowledge of the Aetna systems supporting ASC Pharmacy pricing methodology.
  • Risk Assessment/Analysis
  • Communication
  • Negotiation
  • Adaptability

Responsibilities

  • Identifies training issues and recommends a course of action.
  • Leads process improvement initiatives to improve productivity, accuracy and/or customer service and influences tool development.
  • Provides superior customer service.
  • Mentors and trains underwriting staff.
  • Ensures team members have the information to do their jobs.
  • Understands, applies and explains company services, product standards, underwriting policies, strategic direction and new initiatives relative to unit's responsibilities.
  • Grants underwriting exceptions and financial variances within prescribed limits.
  • Manages and/or participates on assigned projects and ensures project plans and/or work tasks are in alignment with overall goals.
  • Participate in broker/customer meetings.
  • Utilizes knowledge of competition and competitive position to evaluate risk and maximize profitability.
  • Negotiates and explains rate development and application of underwriting policy.
  • Analyzes problems or issues from different points of view to find the optimal solution.
  • Evaluates and manages complex and/or high visibility cases, identifies risks and recommends appropriate measures to manage risks while growing or retaining membership.
  • Assists team in meeting deadlines.
  • Delivers quality financial products for new and renewal business.
  • Builds strong cross-functional relationships with sales force and other internal organizations.

Benefits

  • medical
  • dental
  • vision coverage
  • paid time off
  • retirement savings options
  • wellness programs
  • other resources, based on eligibility
  • CVS Health bonus, commission or short-term incentive program
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