Sr Analyst, FP&A - New Business

CVS Health

4d

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary This role is accountable for end-to-end ownership and governance of new business financial proformas for Medicaid, including new markets, expansions, and re-procurements. The Sr Analyst serves as the single finance owner for new business modeling, ensuring accuracy, consistency, and alignment across Finance, Actuarial, Shared Services, and Health Plan leadership. The role partners closely with implementation, actuarial, and operational teams to support informed decision-making and executive approvals.

Requirements

• Advanced Excel and financial modeling skills
• Strong communication skills with ability to influence across functions
• Bachelor’s degree in Finance, Accounting, or related field
• 5+ years of progressive FP&A or financial modeling experience

Nice To Haves

• Medicaid, government programs, or healthcare finance experience
• Experience with RFPs, new market entry, or startup financials
• Automation, or advanced analytics exposure

Responsibilities

• Own and manage all new business financial proformas, including revenue, medical margin, SG&A, FTE ramp, and startup cost assumptions across multi-year horizons
• Partner with Actuarial, Health Plan, Shared Services, and Corporate Finance to align assumptions, inputs, and methodologies for new business opportunities
• Lead financial modeling for RFPs, market expansions, re-procurements, and new product offerings, ensuring consistency with enterprise standards
• Maintain governance, documentation, and version control for all proformas and supporting assumptions
• Translate complex financial results into clear executive-ready summaries, risks, and recommendations
• Support leadership review, approval, and audit readiness for new business financials
• Identify opportunities to improve modeling efficiency, standardization, and scalability across new business processes
• Act as Finance point of contact for new business staffing models and cost structure discussions

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