Contracts, Senior Analyst (Pharmacy Benefits Management)

Posted 2 Days Ago
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Carpenter, IA, USA
In-Office
47K-112K Annually
Senior level
Fitness • Healthtech • Retail • Pharmaceutical
The Role
Reviews, redlines, generates, tracks, and finalizes pharmaceutical rebate, confidentiality, and settlement agreements. Ensures contracts accurately reflect negotiated terms, business strategies, regulatory requirements, and approval processes. Coordinates with CVS Trade, pharmaceutical manufacturers, and internal business units to prepare documents for signature. The role requires strong organization, attention to detail, critical thinking, contract expertise, and effective communication.
Summary Generated by Built In

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

The primary responsibility of the Senior Contract Analyst is to ensure that the intent surrounding the contract negotiation process is accurately reflected in the final document. The Senior Contract Analyst will work primarily with the CVS Trade team and mid and large sized pharmaceutical manufacturers on contracts for Rebates Agreements, Confidentiality Agreements and Settlement Agreements. This includes contract generation, red lining, tracking and preparation of contractual documents for signature as part of finalizing CVS Caremark negotiated Rebate agreements.  These contracts must accurately reflect CVS Caremark’s current business strategies and must have approval from all respective business units, in accordance with the Contract Review and Approval Process SOP and all current regulatory requirements.  The role is suited to someone who is detailed oriented, can think critically, and has the utmost integrity.
Required Qualifications


  • 5 years of contract experience required with a preferred knowledge of PBM business/operations.
  • Experience in redlining documents.

Preferred Qualifications


  • Demonstrated ability to manage and organize projects from start to completion
  • Prior contracting experience in healthcare and knowledge on contracting terminology
  • Proficiency in Microsoft Word
  • Proficiency in Microsoft Excel
  • Ability to work independently with little supervision
  • Ability to work and communicate effectively with multiple departments and individuals
  • Be detail oriented and have very good organizational skills

Education


Bachelor’s Degree or equivalent work and experience

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.


Additional details about available benefits are provided during the application process and on
Benefits Moments.

We anticipate the application window for this opening will close on: 11/27/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Skills Required

  • Five years of contract experience
  • Experience with redlining documents
  • Bachelor's degree or equivalent work experience
  • Knowledge of pharmacy benefits management business or operations
  • Ability to manage and organize projects from start to completion
  • Prior healthcare contracting experience and knowledge of contracting terminology
  • Proficiency in Microsoft Word
  • Proficiency in Microsoft Excel
  • Ability to work independently with little supervision
  • Ability to communicate effectively with multiple departments and individuals
  • Strong attention to detail and organizational skills

CVS Health Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CVS Health and has not been reviewed or approved by CVS Health.

  • Healthcare Strength — Health coverage includes medical, dental, and vision with HSA-eligible options, free preventive care, virtual care, and access to MinuteClinic services. Mental-health resources such as counseling support are emphasized, and coverage is often considered solid for full-time colleagues.
  • Retirement Support — A dollar-for-dollar 401(k) match up to 5% after one year and an Employee Stock Purchase Plan are consistently highlighted in Total Rewards materials. Feedback suggests retirement programs are a meaningful strength within the overall package.
  • Wellbeing & Lifestyle Benefits — Wellbeing offerings include up to 20 no-cost counseling sessions per issue, backup care, tuition assistance, and substantial in-store discounts, alongside broader wellness tools. These everyday perks expand value beyond base pay and can be especially meaningful for full-time schedules.

CVS Health Insights

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The Company
HQ: Woonsocket, RI
119,959 Employees
Year Founded: 1963

What We Do

CVS Health is the leading health solutions company that delivers care in ways no one else can. We reach people in more ways and improve the health of communities across America through our local presence, digital channels and our nearly 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that’s managing chronic diseases, staying compliant with their medications, or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day.

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