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Senior Manager, Pricing Strategy
2 months ago
CVS Health is seeking a highly skilled Senior Manager to join our Underwriting team. As a key member of our team, you will be responsible for formulating pricing strategy and executing financial modeling to drive business growth and profitability.
Key Responsibilities- Collaborate with PBM Sales and Account Services to provide recommendations on pricing and negotiation strategy to achieve revenue and profitability targets.
- Develop and maintain domain expertise across levers of PBM and Enterprise profitability, including retail networks, enterprise dispensing, specialty drugs, pharmaceutical manufacturer rebates, MAC pricing, and product/service offerings.
- Present to Executive Leadership during Executive Underwriting Approval Calls.
- Respond to questions in real-time in support of Executive review and approval.
- Review and complete financial sections of Requests for Proposals (RFPs) to define and approve scope of PBM client support and to forecast accurate cost assumptions into client pricing offers.
- Identify impacts of legislative PBM decisions on client contracts.
- Lead, coach, and develop a team of 3-4 individual contributors.
- Ongoing budget reviews and client strategy management.
- Ongoing audit and financial inquiries.
- 7+ years of related professional experience.
- At least 4 years of financial analysis, pricing, or underwriting experience.
- 3 or more years of experience in the healthcare industry.
- 2+ years' experience with PBM or Specialty Pharmacy/Home Infusion industry.
- Previous contract experience, RFP or capture experience.
- Bachelor's Degree required, Bachelor's in Finance or Business preferred.
- Masters preferred.
The typical pay range for this role is $75,000.00 - $166,000.00 per year. 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.
