Senior Analyst, Value Based Contracting

CVS Health • Hartford, CT

11d • Hybrid

About The Position

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care. As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day. Position Summary The Value-Based Contracting Team is accountable for analysis of medical costs across lines of business, supporting data for the right pricing and to develop medical cost savings initiatives. As a Senior Analyst you will partner with a wide range of business units across the enterprise including other Value-Based Contracting areas and Negotiators. The Value Based Contracting, Senior Analyst is responsible for the management of the monthly CTR attribution review process in partnership with the attribution team, the CTR team and other support groups. The Value Based Contracting, Senior Analyst is responsible for additional ad hoc analyses to address impactful root causes of attribution. The Value Based Contracting, Senior Analyst will lead enhancements projects and assist the manager in process improvements. The Value Based Contracting, Senior Analyst serve as a Contract Term Repository (CTR) and VBC SME on complex questions, and guide and train other team members as needed. This Senior Analyst will assist by working alongside the VBC CTR team, as well as other VBC Shared Services groups to further expand on the current established processes. This Senior Analyst will operate with a continuous improvement mindset looking for opportunities to improve process inefficiencies, simplify data visibility, and champion quality assurance processes. Candidate must be located close Hartford, CT and willing to be on-site at the Hartford, CT location 3 days a week.

Requirements

• 3-5 years work experience.
• Experience in VBC Models of Care.
• Advanced knowledge of Microsoft Excel and SQL.
• Experience communicating effectively across many levels within the organization, including SR Managers, Lead Directors and Executive Directors.
• Experience influencing decisions by creating a strong case for action, using analytical findings based on a strong VBC and financial acumen.

Nice To Haves

• Advanced skills in Microsoft Office Products (Excel, PowerPoint, Access)
• Knowledge of VBA, SQL, or related applications.
• Knowledge of VBC models and Finance.
• Advanced analytical Skills.
• Self-starter with ability to work with team members or independently on multiple projects with little supervision
• Strong Organizational and Time Management skills.
• Team Building Skills: ability to partner across departments to drive decisions.
• Be able to communicate effectively with a diverse audience
• Be resourceful and can quickly and successfully adapt to change

Responsibilities

• Management of the monthly CTR attribution review process in partnership with the attribution team, the CTR team and other support groups.
• Responsible for additional ad hoc analyses to address impactful root causes of attribution.
• Lead enhancements projects and assist the manager in process improvements.
• Serve as a Contract Term Repository (CTR) and VBC SME on complex questions, and guide and train other team members as needed.
• Assist by working alongside the VBC CTR team, as well as other VBC Shared Services groups to further expand on the current established processes.
• Operate with a continuous improvement mindset looking for opportunities to improve process inefficiencies, simplify data visibility, and champion quality assurance processes.

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees