Underwriting Analytics - Senior Analyst

CVS HealthNorthbrook, IL
6d

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 Do you want to make a large impact in your next role? Work for a Fortune 5 company? Join our team as a Senior Analyst, where you will be developing and maintaining expert knowledge of the rapidly changing healthcare marketplace, pharmacy benefits management industry, CVS Health data warehouses and CVS sales/pricing strategies. Here, you will play an essential role in providing key insight to our Pricing partners as you analyze and forecast 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. You will be critical to how CVS Health is expanding in the healthcare and pharmacy benefits management (PBM) industry. The Sr. Analysts work in concert with our Strategic Proposals Management and Underwriting teams to provide our 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. Successful communication will be required as you will need to be able to communicate complex analytic findings and conclusions in an easy-to-understand way. In this position you will utilize your strong expertise in Excel and advanced knowledge of data modeling and statistical analysis. Your familiarity with healthcare claims data will also be key. To be successful in this role you will quickly learn the business and adapt to changing parameters throughout the year. You will also be able to speak to various internal partners of varying levels about your analytics and assumptions that were applied.

Requirements

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

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

  • Responsibilities include scoping analytical requests and partnering 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

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.
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