Senior Analyst, Business Financials

CVSHealth; Massachusetts; On-site; USD 47,000 - 112,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Paid time off

Retirement savings options

Job summary

CVS Health is hiring a Financial Change Order Senior Analyst in Massachusetts to build and maintain business rules for evaluating the financial impact of client changes. The role focuses on ensuring proper financial controls around benefit design changes and formulary implementations, with collaboration across multiple internal teams.

The ideal candidate has 2 years of data analytics/finance experience or 1 year with PBM data, strong Excel and SQL skills, and the ability to present findings

Qualifications

• 2 years professional experience in data analytics, finance, pricing or process improvement role or equivalent combination of professional experience and education.
• 1 year professional experience in data analytics, finance, pricing, or process improvement role including 1+ year working with PBM data or PBM financial analysis.

Responsibilities

• Evaluate potential financial impact of plan design changes 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 efforts across Sales, Analytic Consulting Services, Clinical Operations, Underwriting, and other departments to ensure proper controls around client benefit design, formulary, or implementation.
• Provide consultative support to internal stakeholders on analysis for sales, underwriting and underwriting analytics teams.
• Interact with external stakeholders and client directly and articulate results clearly, meeting deadlines for requested analysis.
• Support client-specific analyses and discussions and provide ad-hoc reporting and analysis.

Skills

Data analytics

Finance

Pricing

Process improvement

PBM data

SQL

Excel

SAS

Education

Bachelor's Degree related to finance, mathematics, operations, statistics, actuarial science, data science, economics

Tools

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, pricing or 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 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.
• 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.

This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

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.