Senior Underwriting Analyst, PBM Pricing and Finance

CVS Health

Lexington (KY)

On-site

USD 47,000 - 122,000

Full time

5 days ago

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Benefits offered by this job

Comprehensive benefits

Bonus eligibility

Retirement savings options

Job summary

CVS Health seeks an Underwriting Sr. Analyst to lead financial analysis and pricing for PBM and enterprise contracts. You will support pricing deployment to meet business goals and advise on Caremark and Aetna pricing strategies with senior leadership.

The role emphasizes analytical rigour, data-driven decisions, and cross-functional collaboration. Strong Excel skills and actuarial understanding are essential, with experience in PBM models and pricing processes.

Qualifications

3 years in a health plan actuarial role, PBM financial analysis or underwriting role, or comparable industry experience.
Experience with PBM pricing strategies and pricing deployment.
Bachelor's degree in mathematics, finance, statistics, actuarial science or related field; equivalent experience.
Actuarial certifications are a plus.

Responsibilities

Assess risk and develop recommendations to maximize client value while retaining margin in PBM and Enterprise.
Develop pricing recommendations for multiple lines of business based on in-depth competitive analysis.
Assist Aetna’s Underwriting leadership to develop pricing for downstream pricing by providing segment-specific data.
Completing tasks in the Caremark Underwriting models and modifying FAFs.
Ad-hoc analysis to support internal and client requests.
Developing and maintaining relationships with Sales, Account Management, and Finance partners.