Business Financials - Senior Analyst at CVS Health

Northbrook, Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, PharmaceuticalsIndustries

Requirements

Bachelor's Degree or relevant work experience
2 or more years of Finance or Accounting experience
2 or more years of Analytical experience
2 or more years of rigorous MS Excel experience

Responsibilities

Lead modeling and analysis in key strategic Pharmaceutical Trade Classes
Own and develop processes related to the overall operation of the Zinc negotiation cycle modeling process
Assist in training and mentoring analysts across the team on a wide variety of topics
Assist in process improvement/quality assurance related to modeling, contract evaluation, and reporting
Perform financial analysis of manufacturer contracts negotiated by the Zinc Health Services Trade Relations team
Work with the Trade Relations team on financial strategies, contract modeling, and providing analytics, data, and support for contract negotiations
Work independently and collaboratively with multiple teams (Negotiators, Contract Management, Trade Strategy and Operations, Trade Finance, Zinc Clinical) associated with Zinc manufacturer contracting
Develop and maintain various Trade Relations reports, data sources, and documentation
Enable Executive level decision making by developing original reporting and analysis of pharmaceutical procurement strategies
Handle other ad-hoc projects as needed

Skills

financial modeling

contract analysis

data analysis

Excel

negotiation support

process improvement

analytics

rebate contracts

pharmaceutical trade

mentoring

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.

Woonsocket, Rhode IslandHeadquarters

1963Year Founded

DEBTCompany Stage

Healthcare, Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Risks

Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.

The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.

The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.

Differentiation

CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.

The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.

CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.

Upsides

Expansion of telehealth services allows CVS to reach more patients remotely.

Increased consumer interest in wellness boosts demand for CVS's health-related products.

The trend towards value-based care aligns with CVS's integrated healthcare approach.

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