CVS Health

Sr. Manager, Financial Forecast Model Owner

Illinois, United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Pharmaceuticals, RetailIndustries

Requirements

Candidates must possess at least 7 years of analytical, actuarial, or underwriting experience, with a minimum of 1 year in PBM experience. Preferred qualifications include 4 years of pricing, actuarial, or financial forecasting experience, PBM and/or Healthcare experience, financial modeling expertise, and experience with IT and Scrum methodology. Strong collaboration, communication, prioritization, and innovative skills are essential, along with a results-oriented mindset and experience developing complex financial solutions. A degree or work history in finance, mathematics, statistics, actuarial science, economics, or a related data field is required, and an FSA or ASA designation is preferred. Experience working in a dynamic environment with evolving priorities is also valued.

Responsibilities

The Sr. Manager, Financial Forecast Model Owner will be the subject matter expert responsible for supporting the design and implementation of financial logic within the new Underwriting model, impacting the Profit & Loss statement. This role involves leading discovery and solutioning for new features, ensuring proper implementation by technical teams, and supporting User Acceptance Testing (UAT) by outlining testing parameters and providing final sign-off. Additionally, the position requires assisting with live client support to ensure the integrity of financial results, supporting ad hoc financial analyses for initiatives like assumption development and model validation, and communicating effectively with diverse audiences across the enterprise, including business leaders, product owners, and technical teams.

Skills

Financial Forecasting
Financial Modeling
Underwriting
Business Logic
User Acceptance Testing (UAT)
Problem-Solving
Data Analysis

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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