Senior Underwriting & Pricing Analyst, PBM

CVS Health; Springfield (IL); On-site; USD 47,000 - 122,000; Full time

Benefits offered by this job

Bonus eligible

Comprehensive benefits package

Job summary

CVS Health is seeking an Underwriting Sr. Analyst to perform financial analysis and underwriting for PBM and Enterprise pricing strategies. You will support CVS Health leadership and Aetna clients, drive pricing deployments, and provide advisory input on contract terms to improve financial outcomes.

The role emphasizes building expertise in PBM economics, coordinating with Caremark and Aetna teams, and delivering data-driven insights to influence pricing decisions while meeting tight deadlines.

Qualifications

• 3 years in a health plan actuarial role, PBM financial analysis or underwriting role, or comparable industry experience.
• Bachelor's degree in mathematics, finance, statistics, actuarial science or other risk management or data related fields or equivalent experience.
• Strong Excel skills and familiarity with pricing models.

Responsibilities

• Assess pricing and underwriting 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.
• Support Aetna Underwriting leadership to develop downstream pricing with segment-specific data.
• Collaborate with Sales, Account Management and Finance partners to aid margin budgeting and validation.

Skills

Actuarial analysis

Excel

Pricing models

Education

Bachelor's degree in mathematics/finance/statistics or actuarial science

Tools

FAF systems

Job description

CVS Health is seeking an Underwriting Sr. Analyst to perform financial analysis and underwriting for PBM and Enterprise pricing strategies. You will support CVS Health leadership and Aetna clients, drive pricing deployments, and provide advisory input on contract terms to improve financial outcomes.

The role emphasizes building expertise in PBM economics, coordinating with Caremark and Aetna teams, and delivering data-driven insights to influence pricing decisions while meeting tight deadlines.