Senior Financial Analyst

CVS Health; Springfield (IL); On-site; USD 46,988 - 112,200; Full time

Benefits offered by this job

Affordable medical plan options

401(k) plan with matching contributions

Employee stock purchase plan

Wellness programs and counseling

Tuition assistance

Job summary

A major healthcare provider is seeking a Senior Financial Analyst to support financial reporting and analysis for its Illinois Medicaid health plan. This role involves collaborating with stakeholders, preparing financial models, and enhancing decision-making processes. Candidates should have 3-5 years of experience, strong skills in MS Office, and knowledge of SQL/SAS. The position offers remote work and a typical weekly schedule of 40 hours, with a competitive salary range from $46,988 to $112,200.

Qualifications

• 3-5 years work experience is required.
• Experience in financial data analysis.
• Knowledge of SQL/SAS and BI tools preferred.

Responsibilities

• Support financial reporting, analysis and decision-making.
• Analyze trends and prepare financial models.
• Collaborate across functions for financial decision support.

Skills

MS Office suite knowledge

Problem solving skills

Decision-making skills

Financial data analysis

Collaboration skills

Education

Bachelor's degree or equivalent

Tools

SQL

SAS

Power BI

Tableau

Job description

Overview

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.

Role

SENIOR FINANCIAL ANALYST — Remote

Job Summary

The Senior Analyst will be supporting Aetna Better Health’s Illinois Medicaid health plan and will report directly to the Senior Manager of FP&A. This position will be involved in the monthly financial reporting, analysis, and decision-making in support of the business partners. Also supporting the Central FP&A team in annual budgeting and quarterly forecasting, and many other financial processes in support of the health plan financial objectives. The Senior Analyst will be responsible for analysis that supports the business in making better financial decisions. They will work cross functionally to analyze reports, as well as work on a variety of special projects.

Responsibilities

• Acts on behalf of FP&A team in the analysis of ABHIL annual budgets, forecasts, and long-term financial plans by collaborating with stakeholders to gather inputs, analyze financial data, and provide recommendations for financial targets and resource allocation.


• Provides in-depth financial analysis and communication of results, including variance analysis and trend analysis in membership, SG&A and revenue areas.


• Supports the forecasting process by analyzing trends, identifying key drivers, and preparing financial models to evaluate different scenarios and their impact on financial outcomes.


• Identifies areas of process improvement, smart goals, cost-saving opportunities, and revenue enhancement strategies.


• Develops and analyzes complex financial models to support strategic decision-making, investment analysis, and business planning.


• Ability to collaborate across cross functional business, growth partners, and shared service areas to gather the appropriate information to analyze the data and provide decision support to evaluate better financial outcomes.


• Understanding of membership trends, MLR drivers and working knowledge of Managed Care related metrics.


• Assist with completing Quarterly State reporting which requires extensive excel/data management.

Minimum Requirements

• 3-5 years work experience


• MS Office suite knowledge including Excel, PowerPoint, and Outlook


• Working knowledge of problem solving and decision-making skills


• Experience in critical decision support and analysis of financial data and resources

Preferred Knowledge

SQL / SAS querying skills and experience with using BI tools such as Power BI, Tableau

Education

• Bachelor\'s degree preferred/specialized training/relevant professional qualification.

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.

Benefits

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.


• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.


• 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: 02/27/2026

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