Senior PBM Underwriting & Pricing Analyst

CVS Health

Illinois

On-site

USD 47,000 - 122,000

Full time

5 days ago

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Benefits offered by this job

Medical benefits

Dental and vision coverage

Paid time off

Job summary

CVS Health is seeking an Underwriting Sr. Analyst to drive financial analysis and pricing strategies across PBM and Enterprise pricing initiatives. You will work with Caremark underwriting models and FAF systems to support leadership and client pricing decisions.

In this high-impact role you will analyze complex pricing strategies, develop data-driven recommendations, and communicate findings to internal teams. A strong actuarial background and Excel mastery are essential for success.

Qualifications

3 years in a health plan actuarial role, PBM financial analysis or underwriting role or equivalent experience.
Experience with PBM pricing and enterprise profitability is a plus.
Strong Excel and data analysis skills are required.

Responsibilities

Assess risk and develop recommendations to maximize client value while retaining margin.
Develop pricing recommendations for multiple lines of business based on competitive analysis.
Support underwriting leadership to develop downstream pricing with segment data.
Complete tasks in Caremark Underwriting models and modify FAFs as needed.
Provide ad hoc analysis and maintain relationships with Sales, Account Management, Caremark, and Finance.