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
As an FP&A Manager, you will direct operations for the financial planning processes, including budgeting, forecasting, and long-term strategic planning. This role will allow you to conduct in-depth financial analysis to evaluate the financial performance of business units or initiatives, analyzing profitability, cost drivers, pricing strategies, and investment opportunities.
You will accomplish this by:
- Monitor the end-to-end profit & loss statements, reporting and budget & forecasting for the Aetna Better Health of Oklahoma.
- Advise on latest updates from the state regarding rates adjustments / determinations / program changes and will report on the financial impact as well as determine rate adequacy for confirmation and/or follow up state discussions.
- Assist in inquiries by both the state and the Oklahoma Association of Health Plans regarding the market share, data submission for the purpose of rate setting and medical trend analysis on behalf of the Health Plan.
- Support month end close activities related to Membership, Revenue, Medical Expense, MBR and G&A. Present schedules/reports and variance analysis to Health Plan Finance Leadership. Work closely with Corporate Controllership/Actuarial Team to accurately reflect results in the financials.
- Strategic subject matter expert for all forecasting cycles with the approval of the Senior Manager and Health Plan CFO /CEO for reporting to the Enterprise
- Prepare monthly medical trend analysis for product performance and reporting of risk areas within medical lag and non-lag for mitigation by Clinical and Operational staff and participate in Medical Cost Trend meetings for the suggestion of mitigation and SAI efforts
- Creation and support of requisite and supplemental materials to assist in variance, close and forecast reporting to Health Plan leadership and Enterprise as needed
Required Qualifications
- 5 or more years of relevant experience
Preferred Qualifications
- Medicare and Medicaid experience
- Managed Care experience
- Budget and Forecasting
- Variance Analysis
- Advanced Modelling
- SQL Knowledge
Education
Bachelor's Degree required; Preferably in Financial/Business discipline
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$54,300.00 - $132,600.00This 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.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
Skills Required
- 5 or more years of relevant experience
- Bachelor’s degree
- Degree preferably in finance or business
- Medicare and Medicaid experience
- Managed care experience
- Budgeting and forecasting experience
- Variance analysis experience
- Advanced financial modeling experience
- SQL knowledge
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.
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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.
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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.
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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
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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