Senior PBM Contracts & Pricing Analyst

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

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Paid time off

Retirement savings

Wellness programs

Other resources

Job summary

CVS Health in the United States seeks a Senior Analyst, PBM Contract Manager to apply complex financial, contractual and business strategies to large PBM agreements. You will support client retention, influence execution of negotiated terms and mitigate financial and relationship risks, while guiding strategic discussions with health plan clients and consultants.

You will oversee pricing commitment reviews, draft and negotiate full contracts, and coordinate across Sales, Legal, Finance and

Qualifications

• 4 or more years' financial analysis, pricing, or corporate underwriting experience required
• Proficient in Microsoft Excel in complex data analysis
• Proficiency in Microsoft Office Suite (e.g., Excel, Word, PowerPoint, Outlook).
• Experience managing complex legal documents
• Ability to interact with others in a professional manner and help foster teamwork and knowledge sharing to complete key tasks
• Ability to interact with all level of management, including VPs and executives
• Strong presentation and communication skills with experience presenting to various business groups
• Bachelor's Degree preferably in Finance, Political Science or Pre-Law, Business, Economics, or related field; or equivalent work experience

Responsibilities

• The Senior Analyst, PBM Contract Manager role applies complex financial, contractual, and business strategies to large, high-impact agreements negotiated between CVS Health and its PBM clients.
• Key responsibilities include supporting health plan client retention, influencing operational execution to ensure negotiated intent is achieved, mitigating financial and relationship risks, facilitating strategic discussions with health plan clients and consultants, and negotiating contracts that accurately memorialize agreed-upon terms and conditions.
• Oversee the review of pricing commitment documents and assist in drafting, negotiation, approval, execution, and renewal of full contracts
• Support the execution of contract strategies across clients, vendors, and/or providers.
• Adhere to contract governance processes, documentation standards, and approved workflows.
• Build strategic partnerships with internal stakeholders, including Sales, Underwriting, Legal, Finance, Proposals, and Consultant Relations
• You will need to execute and implement constantly evolving legal strategies in response to market dynamics to provide competitive, profitable, and attractive pricing offers. You will have a measurable impact in this role, by helping CVS Health, and our clients win, in a competitive marketplace.

Skills

Financial analysis

Pricing

Corporate underwriting

Excel advanced

Communication

Stakeholder management

Education

Bachelor's Degree in Finance, Economics or related field

Job description

CVS Health in the United States seeks a Senior Analyst, PBM Contract Manager to apply complex financial, contractual and business strategies to large PBM agreements. You will support client retention, influence execution of negotiated terms and mitigate financial and relationship risks, while guiding strategic discussions with health plan clients and consultants.

You will oversee pricing commitment reviews, draft and negotiate full contracts, and coordinate across Sales, Legal, Finance and