At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.
As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.
Position Summary
Do you have a passion for data analysis and process optimization? At CVS Health you can put your skills and interests to work by joining our Rebate Forecasting team. We are looking for a detail oriented, self-motivated, and collaborative Senior Financial Analyst to support our Rebate Forecast Team at CVS Caremark. The ideal candidate will be curious and passionate about data, and have strong attention to detail. This individual will be responsible for developing True Cost rebate forecast estimates and have the ability to articulate the nuances of a highly analytical model to support CVS Caremark's True Cost offerings. You should be comfortable working in large Excel files and provide thoughtful and accurate analysis to our internal and external stakeholders.
As a Sr. Analyst True Cost Rebate Forecasting you will…
- Create and manage rebates estimates at the drug level.
- Become the subject matter expert and owner of drug level rebate forecasting processes including guarantee set up and maintenance where applicable.
- Work cross functionally with various internal and external shareholders
- Provide data and analysis to support the unit's mission of providing the highest quality data analysis.
- Prepare and quality check, drug level True Cost offerings.
- Provide consultative support to internal stakeholders on drug level True Cost offerings.
- Write and modify SQL scripts to drive insightful reporting.
Communicate processes and requirements to both business and technical staff.
- Identify and analyze trends and report key findings to leadership.
Required Qualifications
- 3 years professional experience in data analytics, finance, pricing or process improvement role or equivalent combination of professional experience and education.
- 2 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
- Experience in Microsoft Excel-based analysis and SQL
- Strong organizational, multi-tasking and critical thinking skill sets are required.
- Ability to story tell the findings in clear, concise way when articulating the findings of the analysis to sales, underwriting and other stakeholders.
- Prior experience or knowledge of PBM industry or pharmaceuticals is preferred.
- Ability to work independently in a fast-paced environment and manage tight deadlines and competing priorities.
- Prior experience working across many different groups within an organization.
- Prior experience designing, implementing, and optimizing new business processes.
- Strong presentation and communication skills with experience presenting to various business groups.
- Ability to interact with others in a collegial and professional manner and help foster teamwork and knowledge sharing to complete key tasks.
- Aptitude to communicate complex findings and conclusions in an easy-to-understand way.
- Bachelor’s degree in Finance, Mathematics, Operations, Statistics, Actuarial Science, Data Science, Economics or other data related fields preferred.
Education
High School Diploma or equivalent GED
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 our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
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Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
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No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
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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.
For more information, visit https://jobs.cvshealth.com/us/en/benefits
We anticipate the application window for this opening will close on: 04/18/2025
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
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 — Healthcare coverage is positioned as comprehensive for benefits-eligible colleagues, including medical, dental, and vision with free preventive care and access to virtual care and select no-cost MinuteClinic services. Mental health support is also highlighted with no-cost confidential counseling sessions per issue.
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Retirement Support — Retirement benefits include a 401(k) with a dollar-for-dollar match up to 5% after meeting service and hours requirements. Ownership programs are also offered through an employee stock purchase plan with a stated purchase discount.
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Pay Growth & Progression — A companywide minimum wage floor establishes a baseline that is framed as a positive starting point in some roles and markets. Unionized or high-cost areas are described as having clearer wage scales and step-ups that can materially lift pay over time.
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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.
