Senior PBM Pricing & Underwriting Analyst

CVS Health; New Hampshire; On-site; USD 47,000 - 122,000; Full time

Benefits offered by this job

Comprehensive benefits package

Bonus eligibility

Job summary

CVS Health is seeking an Underwriting Sr. Analyst to drive financial analysis and pricing for PBM initiatives across Caremark and Enterprise teams.

You will influence pricing strategy, analyze data, and partner with underwriting, sales, and finance to optimize profitability while balancing client value. This role demands deep industry knowledge, strong Excel skills, and the ability to communicate complex methods clearly.

Qualifications

• 3 years in a health plan actuarial, PBM financial analysis, or underwriting role.
• Experience developing PBM pricing strategies and pricing deployment.
• Strong Excel skills and data analysis capabilities.
• Bachelor’s degree in math, finance, statistics, actuarial science or related field.

Responsibilities

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

Skills

Excel

Analytical skills

Financial analysis

Education

Bachelor's degree in math/finance

Tools

Caremark models

EOS

FAF systems

Job description

CVS Health is seeking an Underwriting Sr. Analyst to drive financial analysis and pricing for PBM initiatives across Caremark and Enterprise teams.

You will influence pricing strategy, analyze data, and partner with underwriting, sales, and finance to optimize profitability while balancing client value. This role demands deep industry knowledge, strong Excel skills, and the ability to communicate complex methods clearly.