Senior Underwriting Analyst: PBM Pricing & Analytics

CVS Health; Atlanta (GA); On-site; USD 47,000 - 122,000; Full time

Benefits offered by this job

Comprehensive benefits

Bonus eligibility

Career development

Job summary

CVS Health is seeking an Underwriting Sr. Analyst to manage financial analysis and underwriting for PBM pricing strategies, supporting CVS Health and Finance leadership. The role collaborates with Caremark, Aetna, and internal teams to deploy pricing and optimize profitability with data-driven insights.

You will analyze pricing scenarios, develop segment-specific data, modify fees, and present recommendations for contract negotiations while meeting tight deadlines in a fast-paced environment.

Qualifications

• 3 years in a health plan actuarial role, PBM financial analysis or underwriting role, or comparable industry experience.
• Experience with PBM pricing and underwriting processes preferred.
• Strong Excel skills and data analysis capability.

Responsibilities

• Assess risk and develop recommendations to maximize client value while retaining margin first in PBM and second in Enterprise.
• Develop pricing recommendations for multiple lines of business based on in-depth competitive analysis.
• Assist underwriting leadership to develop pricing for downstream pricing with segment data.
• Modify FAFs and support regulatory scenario analyses.
• Ad-hoc analysis to support internal and client requests.
• Develop and maintain relationships with Sales and Account Management.

Skills

Excel

Actuarial experience

Actuarial certifications

Education

Bachelor's degree in mathematics, finance, statistics, actuarial science or related field

Tools

Caremark underwriting models

EOS

FAF systems

Job description

CVS Health is seeking an Underwriting Sr. Analyst to manage financial analysis and underwriting for PBM pricing strategies, supporting CVS Health and Finance leadership. The role collaborates with Caremark, Aetna, and internal teams to deploy pricing and optimize profitability with data-driven insights.

You will analyze pricing scenarios, develop segment-specific data, modify fees, and present recommendations for contract negotiations while meeting tight deadlines in a fast-paced environment.