Senior Analyst, Business Financials

CVS Health

Boston (MA)

On-site

USD 47,000 - 112,000

Full time

5 days ago
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Benefits offered by this job

Medical
Dental
Vision
Paid time off
Retirement savings

Job summary

CVS Health is seeking a Financial Change Order Sr. Analyst to build and maintain business rules for financial assessment of client change requests, ensuring proper controls and improved financial performance for CVS Caremark at the client level.

The role involves evaluating financial impact of plan design changes, developing tools, and collaborating across departments to ensure accurate reviews, timely analyses, and clear communication to internal and external stakeholders.

Qualifications

  • 2 years of professional experience in data analytics, finance, pricing or process improvement or equivalent
  • 1 year of professional experience in data analytics, finance, pricing or process improvement with PBM data or PBM analysis
  • Experience with Excel-based analysis and SQL
  • Strong organizational, multi-tasking and critical thinking skills
  • Ability to story tell the findings clearly to stakeholders
  • Prior PBM industry knowledge is preferred

Responsibilities

  • Evaluate financial impact of plan design changes using existing models or with internal partners
  • Support development of new tools and user acceptance testing
  • Access data via Excel and SQL/SAS; model projected rebate impact
  • Coordinate across Sales, Analytic Consulting Services, Clinical Operations, Underwriting and other teams
  • Provide consultative support to internal stakeholders on analysis
  • Support client-specific analyses and ad-hoc reporting
  • Interact with external stakeholders and articulate results meeting deadlines

Skills

Excel-based analysis
SQL
Data analysis
Storytelling findings
Presentation skills

Education

Bachelor's degree in finance, mathematics, operations, statistics, actuarial science, data science, economics or related field

Tools

Excel
SQL
SAS

Job description

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

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 Financial Change Order (FCO) group. An individual who joins our team will be responsible for building and maintaining business rules and processes to ensure client change requests are financially assessed before implementation. The team’s primary goal is to ensure proper financial controls and improve CVS Caremark client level financial performance by placing proper controls around implementation of programs or changes to a client’s benefit or formulary design.

Financial Change Order Sr. Analyst will…
  • Work under the guidance of Sr. Manager or Manager for evaluating potential financial impact of a plan design change using existing models or by working with internal partners.
  • Support the development of new tools user acceptance testing.
  • Access data via Excel and tools such as SQL/ SAS and use financial change order models to model projected rebate guarantee impact analysis.
  • Coordinate the efforts across company teams that can include Sales, Analytic Consulting Services, Clinical Operations, Underwriting, and other departments to ensure proper controls are in place to review changes to a client’s benefit design, formulary, or implementation of a product.
  • Provide consultative support to internal stakeholders on analysis including but not limited to sales, underwriting and underwriting analytics teams.
  • This role will be supporting the client specific analyses and discussions and provide consultative support on additional ad-hoc reporting and analysis.
  • This individual will be responsible on interacting with external stakeholders and client directly and have the ability to articulate the results of the analysis in a clear, concise manner and meeting the expected deadlines of requested analysis for this client.
Required Qualifications
  • 2 years professional experience in data analytics, finance, pricingor process improvement role or equivalent combination of professional experience and education -OR -
  • 1 year 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 analysisand 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 deadlinesand 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.
  • Bachelor's Degree related to finance, mathematics, operations, statistics, actuarial science, data science, economics or other data related fields preferred.
Education

Bachelor’s Degree or equivalent work experience

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

$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.

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.

  • medical
  • dental
  • vision coverage
  • paid time off
  • retirement savings options
  • wellness programs
  • other resources

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: 09/25/2026

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

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