Underwriter - Manager

At CVS Health, we’re building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation’s leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues – caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Position Summary

Would you like to join CVS Health, a Fortune 5 company, on our multifaceted Underwriting team? As a Manager in our Underwriting group, you will utilize your business, industry, competitive, client, and technical knowledge to formulate pricing strategy and to execute financial modeling of comprehensive pricing offers for specialty. More than just a financial analyst, you will be responsible for reviewing financial sections of Requests for Proposals (RFPs) to determine client needs or concerns and presenting analysis, growth opportunities and recommendations to senior management to gain approval. You will manage the complete process from receipt of RFP/pricing request through communication of financial agreements to internal departments.

Some of your key responsibilities will include

• Leading as a subject matter expert in Specialty Drug pricing strategy and financial modeling of comprehensive pricing offers for our clients
• Collaborating with Sales and Account Services to provide recommendations on pricing and negotiation strategy to achieve revenue and profitability targets for net new business client growth and margin retention
• Responsible for identifying, evaluating, and managing risk to maximize revenue, membership, and earnings. Applies in-depth knowledge of underwriting analysis and risk assessment for new and/or renewal of large group contracts and accountings.
• Presenting to Executive Leadership during Executive Underwriting Approval Calls
• Responding to questions in real-time in support of their review and approval

To be successful you will need to bring a strong analytical and financial mindset. Your ability to work in a very fast-paced environment with tight deadlines will be tested. Your success will be determined by how you help our sales team win business and meet or exceed minimum turnaround times. You will be directly responsible for pricing and financial modeling that is written into what we propose to our clients and make key recommendations that impact CVS Health’s top line revenue.

Required Qualifications

• At least 5 years of Pricing or Financial analysis experience
• 1 or more years of experience creating financial models

Preferred Qualifications

• Previous contract and/or RFP experience

Education

• Bachelor's Degree or relevant professional work experience required
• Master’s Degree is preferred

Anticipated Weekly Hours

Time Type

Pay Range

The typical pay range for this role is:

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. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in our comprehensive and competitive mix of pay and benefits – investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.

• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.

• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.