Senior Pricing Analyst

CVS Health•Scottsdale, AZ

About The Position

CVS Health is hiring a Senior Pricing Analyst for its Pharmacy Benefits Management (PBM) Underwriting team. This high-level individual contributor uses business, industry, competitive, client, and technical knowledge to develop pricing strategy and model comprehensive pricing offers for PBM client contracts. Pricing analyses cover retail networks, mail order, specialty services, and pharmaceutical manufacturer rebates. The role supports competitive and profitable offers, accurate pricing implementation, revenue and profitability targets, margin retention, and the reduction of service warranty and performance guarantee payouts. The analyst works with PBM Sales and Account Services, presents financial analyses to Executive Leadership, and supports Underwriting Managers and Senior Managers with ad hoc analyses and client implementation projects. The position requires adapting pricing strategies to changing market dynamics and communicating pricing information to internal and external partners. It is a full-time role scheduled for 40 hours per week and is eligible for a CVS Health bonus, commission, or short-term incentive program.

Requirements

At least 4 years of financial analysis, pricing, or corporate underwriting experience.
Proficiency in Microsoft Excel for complex data analysis.
Bachelor’s degree, preferably in Finance, Mathematics, Economics, or a related field, or equivalent work experience.
Strong organizational, multitasking, and follow-up skills.
Strong presentation and communication skills, including experience presenting to various business groups.

Nice To Haves

Basic knowledge of PBM finance.
Experience managing complex projects over 3–12 months in a matrix environment.
Ability to interact professionally and foster teamwork and knowledge sharing.
Advanced Excel modeling skills.
Master’s degree.

Responsibilities

Formulate pricing strategy and execute financial modeling for PBM client contract offers covering retail networks, mail order, specialty, and pharmaceutical manufacturer rebates.
Collaborate with PBM Sales and Account Services to recommend pricing and negotiation strategies that support revenue and profitability targets for new business and margin retention.
Use advanced Excel modeling to analyze large pharmacy claims datasets and build forward-looking financial forecasts and profit and loss statements.
Present financial analyses during Executive Underwriting Approval Calls and respond to financial questions in real time.
Support Underwriting Managers and Senior Managers with ad hoc financial analyses and client implementation projects.
Communicate client pricing to internal and external partners to support accurate implementation and minimize service warranties and performance guarantee payouts.
Execute and implement evolving pricing strategies in response to market dynamics.