Underwriting Analytics - Senior Analyst

CVS Health • Northbrook, IL

1d

About The Position

This Senior Analyst position at CVS Health involves developing and maintaining expert knowledge of the rapidly changing healthcare marketplace, pharmacy benefits management industry, CVS Health data warehouses, and CVS sales/pricing strategies. The role is critical in providing key insights to Pricing partners by analyzing and forecasting client data to ensure competitive, profitable, and attractive pricing offers. Senior Analysts work in collaboration with Strategic Proposals Management and Underwriting teams to deliver enhanced pricing options and analytical insights to healthcare clients, aiding in informed business decisions within the evolving healthcare landscape. The role requires strong communication skills to convey complex analytical findings clearly and expertise in Excel, data modeling, and statistical analysis, along with familiarity with healthcare claims data. The successful candidate will need to quickly adapt to changing business parameters and effectively communicate analytics and assumptions to various internal partners.

Requirements

• 1-4 years of analytics experience analyzing, interpreting, and summarizing large data sets
• Bachelor's degree

Nice To Haves

• Demonstrated experience using business analytics to problem solve data-driven questions
• Ability to communicate complex analytic findings and conclusions in an easy-to-understand way
• Ability to appropriately prioritize competing client requests to ensure focus on highest impact activities
• Ability to interact with others in a collegial and professional manner; leverage team resources to support assigned clients; help foster teamwork and knowledge sharing to complete key tasks
• Ability to work independently in a fast-paced environment and manage tight deadlines
• Knowledge of SAS or SQL is preferred
• Prior experience or knowledge of pharmaceuticals or health care industry

Responsibilities

• Develop and maintain expert knowledge of the rapidly changing healthcare marketplace, pharmacy benefits management industry, CVS Health data warehouses and CVS sales/pricing strategies.
• Provide key insight to Pricing partners by analyzing and forecasting client data to ensure CVS health provides competitive, profitable, and attractive pricing offers.
• Utilize SAS and SQL to conduct data analytics in alignment with client setup and plan design.
• Scope analytical requests and partner with Underwriting to ensure data projections accurately reflect RFP requirements.
• Communicate key takeaways and results to internal partners.
• Continuously adapt to changing requirements and updated assumptions and data projection methodologies.
• Collaborate with internal partners to work on ad-hoc projects as needed.
• Work in concert with Strategic Proposals Management and Underwriting teams to provide healthcare clients with enhanced pricing options and analytical insights to make more informed business decisions and meet the needs of the rapidly changing healthcare marketplace.
• Communicate complex analytic findings and conclusions in an easy-to-understand way.
• Utilize strong expertise in Excel and advanced knowledge of data modeling and statistical analysis.
• Be able to speak to various internal partners of varying levels about your analytics and assumptions that were applied.

Benefits

• comprehensive and competitive mix of pay and benefits
• comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families
• medical, dental, and vision coverage
• paid time off
• retirement savings options
• wellness programs
• other resources, based on eligibility
• CVS Health bonus, commission or short-term incentive program

What This Job Offers

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