Financial Change Order Analyst (Remote)

Must Haves:
- Strong Excel and MS Suite Skills
- Problem solving ability with motivation to research nuanced questions
- Detail orientated
- Strong written communication skills

IV Process: 1 Interview w/ Mgr. on camera, 30 mins

Position Summary:
Do you have a passion for data analysis and problem solving? At CVS Health you can put your skills and interests to work by joining our Financial Change Order (FCO) group. An individual who joins our team will be responsible for completing financial assessments for clients seeking to make pharmacy benefit plan changes. The team’s primary goal is to ensure proper financial controls and improve CVS Caremark client level financial performance.

The Financial Change Sr. Analyst will…
•  Work under the guidance of Sr. Manager or Manager for evaluating potential financial impact of a plan design change
•  Coordinate with a variety of internal partners to thoroughly understand the requested change and client intent, and to subsequently calculate potential impacts to future utilization and earning ability
•  Use existing Excel model and SAS code to model projected rebate guarantee impact analysis
•  Perform quality checks and ad-hoc analyses in Excel and SQL
•  Provide consultative support to internal stakeholders on analysis including, but not limited to, Sales, Underwriting, Product, and Analytic Consulting Services
•  This individual will be responsible for articulating the strategy and results of their analyses in a clear, concise manner and meeting the expected deadlines of requested analysis
•  Support the development of new tools and processes via user acceptance testing

Education
•  Bachelor’s degree required
•  Degree related to finance, mathematics, operations, statistics, actuarial science, data science, economics or other data related fields preferred

Required Qualifications
•  2 + years professional experience in data analytics, finance, pricingor process improvement role or equivalent combination of professional experience and education
•  1+ years professional experience in data analytics, finance, pricing, or process improvement role including 1+ year working with PBM data or PBM financial analysis

Preferred Qualifications
•  Strong analysis skills using Microsoft Excel and SQL
•  Attention to detail
•  Strong organizational, multi-tasking and critical thinking skills
•  High motivation to question, research, problem-solve, and document processes
•  Flexibility to pivot and quickly learn new concepts and processes to handle a constant flow of new products and strategies being developed across the organization
•  Ability to communicate cross-functionally to describe strategy and results in clear and respectful manner
•  Ability to work independently in a fast-paced environment and manage tight deadlinesand competing priorities
•  Ability to interact with others in a collegial and professional manner and help foster teamwork and knowledge sharing
•  Prior experience working across many different groups within an organization
•  Prior experience or knowledge of PBM industry or pharmaceuticals is preferred