PBM Pricing & Finance Senior Underwriting Analyst

CVS Health; Lake Michigan Beach (MI); On-site; USD 47,000 - 122,000; Full time

Benefits offered by this job

Medical, Dental, Vision coverage

Paid time off (PTO)

Retirement savings plan

Job summary

CVS Health is seeking an Underwriting Sr. Analyst to lead financial analysis and underwriting activities.

You will influence pricing strategies for PBM and Enterprise clients, work with Caremark and Aetna teams, and drive business value through data-driven recommendations. The role requires strong analytical skills, with hands-on experience in PBM pricing, actuarial concepts, and advanced Excel proficiency.

Qualifications

• 3 years in a health plan actuarial role, PBM financial analysis or underwriting role, or comparable industry experience.

Responsibilities

• Assess risk and develop recommendations to maximize client value while retaining margin in PBM and Enterprise.
• Develop pricing recommendations for multiple lines of business based on in-depth competitive analysis.
• Assist underwriting leadership to develop pricing for downstream pricing with segment-specific data.
• Complete tasks in Caremark Underwriting models and modify FAFs.
• Provide ad hoc analyses to support internal and client requests.
• Develop and maintain relationships with Sales, Account Management and Caremark/Aetna Finance partners.

Skills

Excel

PBM knowledge

Actuarial certifications

Education

Bachelor’s degree in mathematics/finance/statistics/actuarial science or related field

Job description

CVS Health is seeking an Underwriting Sr. Analyst to lead financial analysis and underwriting activities.

You will influence pricing strategies for PBM and Enterprise clients, work with Caremark and Aetna teams, and drive business value through data-driven recommendations. The role requires strong analytical skills, with hands-on experience in PBM pricing, actuarial concepts, and advanced Excel proficiency.