Senior Manager, Trade Strategic Planning
Employment Information
Job Description
Senior Manager focusing on evaluating Trade initiatives and assessing financial value at CVS Health. Collaborating with cross-functional teams to drive efficiencies and support value creation.
Responsibilities:
- Understand and evaluate revenue impacts of formulary strategies, pharma contract changes, and market events
- Manage financial budgeting and forecasting process deliverables, analyzing Trade team submissions and summarizing business drivers behind the change
- Develop and maintain monthly Trade revenue performance tracking, inclusive of risk and opportunity assessments
- Assist in development of analyses & materials for executive-level audiences, including leading work with cross-functional partners to inform content and resolve data needs
- Collaborate across Trade, Underwriting, and Finance partners to create/streamline processes and support cross-team rebate initiatives and future planning
- Identify and implement process improvements/automation efforts to drive efficiencies and alignment, and manage documentation of process maps, guiding principles, and options analyses as needed
- Provide project management support for key projects/initiatives
Requirements:
- 8+ years of experience in managed care, with a focus in pharmacy benefit management, pharmaceutical market access, formulary and rebate strategy setting, or financial strategy
- Advanced capabilities using Microsoft Excel for data analytics and financial modeling/analysis
- Experience manipulating and analyzing data from large databases using SQL or other appropriate software
- Ability to make informed, data-driven decisions, with a strong emphasis on translating data insights into actionable strategies.
- Demonstrated knowledge of corporate financial concepts (P&L management, budget development, variance analysis, etc.)
- 5+ years experience with pharmacy benefit management, prescription drug rebates, prescription drug spend, and/or formulary strategies (Preferred)
- Experience leading process improvement exercises (Preferred)
- Exposure and/or knowledge of the evolving pharmaceutical regulatory environment (Preferred)
- Proficiency in Tableau or other data visualization software (Preferred)
- Experience utilizing Google BigQuery to extract raw data (Preferred)
Benefits:
- Affordable medical plan options
- 401(k) plan (including matching company contributions)
- 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.
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