CVS Health-posted 3 months ago
$67,900 - $182,549/Yr
Mid Level
Work At Home, AZ
5,001-10,000 employees
Ambulatory Health Care Services

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. This role will ensure close collaboration with internal partners to ensure successful monitoring of client contracts related to market events and maintenance of standard contract language across all lines of business. Colleague will work closely with key internal partners, such as, Sales and Account Services, Underwriting, Legal, and Proposals, Government and Regulatory Affairs, will occasionally engage with external clients, prospective clients, attorneys, and consultants. This role will also have responsibility for sustaining process of standards within contracts and support necessary actions to align tools to meet execution needs. Prior PBM Underwriting, Proposals and/or health care contracting experience is preferred but not required.

  • Identify, maintain and implement standards across team and collaborative teams.
  • Understand pricing, financial terms and commitments.
  • Identify and measure team performance and impact and other contractual commitments and standard operating practices.
  • Participate as an 'expert' on contractual commitments in our proposals.
  • Assure template documents align with RFP proposals, U/W assumptions and intents.
  • Collaborate with internal partners to accurately and completely capture pricing and financial commitments as part of new PBM client contracts and amendments.
  • Manage BOB related market events and contractual impacts from identification, strategy development, client communication and subsequent execution.
  • Develop and maintain standards of PBM pricing strategies, definitions, and related information to represent the proposals and U/W team as part of the contracting process.
  • Provide consultation and recommendations in support of developing and executing on contracting strategy.
  • Ensure all template financial terms are captured and cascaded to relevant internal partners for visibility, implementation, and ongoing support.
  • Identify and implement process improvements, enhancements, and tool enhancement on an ongoing basis.
  • 7+ years of prior work experience in relevant areas such as Finance, Sales or Legal within a large corporate environment.
  • Proficiency with standard documentation tools, Word, PowerPoint and SharePoint.
  • Proficiency with standard analysis tools such as Access, Excel and Tableau.
  • Prior PBM Underwriting, Proposals and/or health care contracting experience.
  • Existing PBM subject matter expertise.
  • Strong contractual and financial analytical abilities.
  • 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.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service