Analytics Senior Manager, Trade Industry Analysis

n the Trade Strategy and Operations organization! The Analytics Senior Manager of Trade Industry Analysis role is a highly visible opportunity in our Trade Value Strategy team, responsible for delivering impactful analyses to advance performance and profitability for both clients and the CVS enterprise.

As the prescription drug landscape changes with new therapies, an evolving policy landscape, and increasing pressure to reduce pharmaceutical costs, the right person for this role is a highly motivated, forward-thinker who can proactively create analytics to evaluate opportunities and inform business strategies. You will use your abilities to translate analyses into actionable insights and recommendations for Trade Value Strategy Leadership and the broader Trade organization.

You will influence business decisions by evaluating innovative strategies to optimize performance in response to external pharmaceutical market events and internal CVS initiatives. Your responsibilities will include collaborating with other functional areas to identify and address risks and opportunities to multiple CVS business segments and our external stakeholders.

Additional responsibilities will be to:

• Design, develop, and deliver analytic solutions to inform trade strategies and evaluate opportunities that will improve client, PBM, and CVS enterprise performance

• Understand and assess financial impacts of formulary strategies, pharma contract changes, public policy changes, and other market events

• Collaborate with Trade Relations, Formulary Strategy, and Trade Finance teams to investigate opportunities to optimize rebate value and drive lowest net cost for clients

• Determine financial implications of trade initiatives and potential strategies across multiple CVS business segments to inform an enterprise-wide view, including impacts to rebates, net cost, and pharmacy margins

To be successful, you should possess:

• Expertise in querying, manipulating, and analyzing large datasets

• Experience working in past-faced matrix environments requiring management of multiple priorities

• Experience developing analyses and presentations to explain business issues and/or recommend strategies

• Strong problem solving, analytical, oral, and written communication skills

• Ability to effectively engage with internal stakeholders of varying backgrounds, demonstrating deep analytical understanding in a consumable way

**Will consider 100% remote from anywhere in the US. Residence within a commutable distance to one of the following offices is preferred:
RI - Woonsocket
MA - Boston, Wellesley

IL - Chicago
MN - Bloomington

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

• 7+ years of experience in healthcare, finance, or analytics; graduate-level education may substitute for experience

• 3+ years of experience in the pharmaceutical industry, which may include PBMs, manufacturers, or related life sciences consulting

• Experience manipulating and analyzing data from large databases using SAS, SQL or other appropriate software

• 3+ years of experience in Microsoft Excel-based modeling

• Advanced capabilities using Microsoft PowerPoint, Excel, and Word

COVID Requirements

COVID-19 Vaccination Requirement

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

Preferred Qualifications

• 5+ years experience with prescription drug rebates, formulary strategies, and/or pharmaceutical pricing strategy & market access

• Knowledge of the evolving pharmaceutical regulatory environment

Education

• Bachelor's degree in finance, healthcare, business, or related field required; or equivalent experience
• MBA or Master's Degree preferred

Pay Range

The typical pay range for this role is:

$75,400.00 - $190,700.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company's 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off ("PTO") or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.

For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 08/05/2024