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Formulary Analytics and Strategy Senior Manager

Company: CVS Pharmacy
Location: Plano
Posted on: April 9, 2021

Job Description:

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  • Formulary Analytics and Strategy Senior Manager Formulary Analytics and Strategy Senior Manager Formulary Analytics and Strategy Senior Manager Job ID: 1506520BR Location: MN - Bloomington-AZ - Scottsdale-IL - Northbrook-TX - Irving Street Address: 8300 Norman Center Drive 8th Floor Category: Analytics-Strategy-Trade Relations-PBM Job Description
    Would you like to join CVS Health, a Fortune 5 company, to make an impact in your next role? You will have the opportunity to utilize your financial and clinical acumen to enhance how we serve our clients.

    The Formulary Analytics and Strategy Senior Manager role is a highly visible opportunity on our Trade Relations team, responsible for driving strategies to minimize client drug spend. You will be expected to analyze, research, write and edit custom formulary strategies that provide clients with strategic insights around their drug trend.

    You will work with multiple customer market segments (i.e. Commercial, Managed Medicaid, Med D, Exchange formularies), to articulate potential management strategies with a deep understanding of the rebate contracts that support them. This is an outstanding opportunity with exposure to high profile clients and senior executives; and a chance to create strong partnerships.

    Additional Responsibilities Include:

    -Assisting with strategic initiatives, including working in a cross functional team environment on multiple projects at a time and handling needs from the Trade Relations organization.
    -Understanding of trade rebate contracts and the opportunities created for clients based on their own unique characteristics and formulary strategy.
    -Modeling and scenario analysis for all Trade Relations therapeutic areas; understanding and anticipating benefit design evolution and potential impact on financials.
    -Directing the creation and execution of optimal client presentation strategies and processes for target markets (i.e. Commercial, Medicare, etc.).
    -Executing quantitative and qualitative research to develop and test value proposition scenarios and messages.

    You should possess:
    - Experience developing analyses and presentations to recommend strategy or change initiatives.
    - Strong problem solving, analytical, oral and written communication.
    - Effective communication to engage with internal teams and demonstrate your deep analytical understanding.

    Ideally, this position will be located out of Bloomington, MN or Northbrook, IL. We are also open to considering Phoenix, AZ and Dallas, TX locations.

    Join the company helping people on their path to better health! Our organization offers a competitive benefit package including vacation and holiday paid time off, health/dental/vision insurance, work/life balance, employee discounted stock purchase program, 401K, tuition reimbursement, and employee discounts at all CVS stores.

    Required Qualifications
    -5 years of experience in healthcare, financial modeling/analysis or actuarial role

    - Advanced MS Office experience.

    Preferred Qualifications
    - Experience in healthcare, managed care, health plans, or PBM with a focus on financial strategy and client relations.
    - 5 or more years experience with pharmacy benefit management, health plans rebates, drug spend and/or formulary strategies.
    - Experience using large databases using SAS, SQL or other appropriate software.

    Education
    Bachelor's degree required.

    Business Overview
    At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.
    We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities. We are committed to a workplace that supports diversity, inclusion and belonging. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW and EEO IS THE LAW SUPPLEMENT. Please note that we only accept applications for employment via this site. We provide reasonable accommodations to individuals with disabilities. To request an accommodation, including a qualified interpreter, written information in other formats, translation or other services, please email AdviceandCounsel@cvshealth.com or call 877-805-9511.If technical issues are preventing you from applying to a position, contact Kenexa Helpdesk at 1-855-338-5609 or--cvshealthsupport@us.ibm.com .--For technical issues with the Virtual Job Tryout, contact the Modern Hire Help Desk at 1-877-451-1695 or--cvs_support@modernhire.com .The health and safety of our employees, patients, customers, and members is our top priority as we face the impact of COVID-19 together. We encourage you to visit our COVID-19 resource center at--https://cvshealth.com/covid-19 --to learn more.--Please be aware that CVS Health does not will never solicit money or offer payment for job applications, nor do we ask candidates to email or submit any personal information over unsecured channels. To learn more, please visit--https://jobs.cvshealth.com/FAQ . Changing the future of health care at CVS Health It's a New Day in Health Care at CVS Health About CVS Health At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart. We are an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, gender, gender identity, age, disability or protected veteran status.

Keywords: CVS Pharmacy, Plano , Formulary Analytics and Strategy Senior Manager, Executive , Plano, Texas

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