Finance and Underwriting Director
Employment Type: Full-Time
Industry: Financial Services - Banking/Investment/Finance
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Do you want to make a large impact in your next role? Join CVS Health as the Finance and Underwriting Director, reporting to the Division CFO, where you will lead all underwriting and client analysis for the division. In this high impact, critical position, you will directly support the client and CVS finance leadership with all key pricing activities and driving value through networks, formulary and sub-client pricing strategies.
You will lead and develop a team of Analysts and Underwriters to identify and execute on opportunities to retain and expand pharmacy lives. You'll do this by underwriting new and existing customers, finding opportunities to increase revenue and profit margins, executing on complex sub-client pricing strategies and providing consultative information and recommendations to clients in areas such as plan design and distribution channel.
To be successful, you will have demonstrated the ability to understand health plan and pharmacy benefit manager financial economics. The Director will lead client discussions that are highly complex financially, so a deep understanding of pricing and financial levers of our business is key.
Specifically, the incumbent must have experience working with health plans that offer multiple lines of business, such as fully-insured, ASO, managed Medicaid, Medicare Part-D, and health insurance exchanges. You should also have experience influencing various types of health plan decision makers, including representatives from medical, pharmacy, actuarial, sales, and finance. Experience with health plans that are highly custom in their approach to managing the benefit custom formularies, clinical programs, channel solutions, and integrated benefit designs is also important.
The ideal candidate will possess:
-Experience working in a geographically diverse company and in a matrix reporting environment
- Outstanding interpersonal skills across the full spectrum of formal and informal channels and to multiple audiences, including external clients, benefits consultants, internal partners, and executive leadership.
-Ability to synthesize and communicate recommendations and information to executive leaders (up to and including PBM President) in support of decision-making
-Experience working with healthcare and pharmacy claims data and common tools used to manipulate data (SAS, Excel)
This position may be based in Scottsdale, Arizona, Northbrook, IL or Irving, TX. Work from home candidates with substantial related experience will also be considered.
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
- 8 years experience in the PBM or health plan industry
- Prior management experience required
- Ability to travel up to 20% Preferred Qualifications
- Prior actuarial experience in Health Plan insurance setting.
- Master's degree in a related field preferred
- Actuary certifications a plus Education
- Bachelor's degree required Business Overview It’s a new day in health care.
Combining CVS Health and Aetna was a transformative moment for our company and our industry, establishing CVS Health as the nation’s premier health innovation company. Through our health services, insurance plans and community pharmacists, we’re pioneering a bold new approach to total health. As a CVS Health colleague, you’ll be at the center of it all.* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.
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