Financial Analysis Advisor, Retail Network - Evernorth Health Services - Remote

Cigna Health and Life Insurance Company; Missouri; Hybrid; USD 97,000 - 161,000; Full time

Benefits offered by this job

Medical benefits

Vision benefits

Dental benefits

401(k) plan

Paid time off

Job summary

The Cigna Group is seeking a Financial Analysis Advisor in the United States to collaborate with internal teams and external client partners under Full Contracted Retail Value arrangements. You will manage large data sets, develop tracking reports, and communicate risks or opportunities to stakeholders.

Key duties include developing pricing, maintaining price points, coordinating with Network Ops, monitoring performance, and building accrual reports.

Qualifications

• Bachelor's Degree with 2+ years in Finance or Supply Chain
• Experience in financial modeling and FP&A
• PBM retail network pricing including client/provider guarantees
• SQL and large data set analysis
• Cross-functional collaboration
• Advanced Excel with macros
• Ability to work in dynamic, deadline-driven environments

Responsibilities

• Completes pricing activities for Full Contracted Retail Value clients and develops custom network pricing
• Develops and maintains all price points on client pricing files
• Coordinates with Network Ops to reflect desired rates in production
• Monitors and tracks client and provider performance
• Builds monthly client accrual and reconciliation reporting
• Performs financial assessment of re-contracted retail network rates
• Designs tools and financial models to support forecasting, reporting, and analysis
• Develops reporting for annual plan, monthly operating report, and mid-year projections
• Meets with clients to discuss financial or operational issues or opportunities
• Interacts with clients to build relationships and guide strategy

Skills

Finance domain knowledge

FP&A experience

Cross-functional teamwork

Communication

Education

Bachelor's Degree in Finance or related field

Tools

SQL

Excel (Macros)

Job description

The Financial Analysis Advisor is responsible for working collaboratively internally and with external client partners contracted through "Full Contracted Retail Value" arrangements. This individual will work closely with health plan retail network clients, account management teams, supply chain, financial client operations, and pricing to ensure all pricing-related contractual commitments are met. As an Advisor, you will manage large data tables and tools that measure client performance, develop tracking reports, and communicate any known risks or opportunities.

Responsibilities

• Completes pricing related activities for "Full Contracted Retail Value" transparent clients which include development of custom network pricing.


• Develops and maintains all price points on the client pricing files.


• Participates in coordination with Network Ops to ensure production price points reflect desired rates.


• Monitors and tracks client and provider performances.


• Builds monthly client accrual and reconciliation reporting for select clients.


• Completes financial assessment of re-contracted retail network rates.


• Designs and implements tools and financial models to support decision makers with forecasting, reporting, and analysis.


• Develops reporting for discussions around annual plan, monthly operating report, and mid-year projections.


• Meets collaboratively with clients to discuss any financial or operational issues or opportunities.


• Participates in client interaction to build relationship, direct strategy, and triage issues.

Requirements

• Bachelor's Degree with 2+ years of experience in Finance or Supply Chain


• Experience in financial modeling and financial planning and analysis


• Experience in PBM retail network pricing including client and/or provider guarantee management


• Experience in SQL and managing/analyzing large data sets


• Experience working cross functionally in a collaborative environment


• Advanced knowledge of Microsoft Excel including macros


• Comfort working in dynamic and deadline driven environments

If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

For this position, we anticipate offering an annual salary of 96,800 - 161,300 USD / yearly, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

At The Cigna Group, you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year, paid holidays, and leaves of absence.

For more details on our employee benefits programs,

About Evernorth Health Services

Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you need a reasonable accommodation to complete the online application process, please email [e-mail] for assistance. Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.

The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.