Job Category: Management, Finance
Clinical Licensure Required : N/A
Job Type: Full Time Position Summary:
As Director of Pricing you will lead a team of pricing analyst assigned to a particular sales and account service client market segment in helping continued growth of our business. In this newly created role you will develop strong relationship with sales leadership in order to establish partnership and creditability. You must be able to acquire an expert knowledge of the internal department underwriting & pricing model to analyze, train, review and approve client financial offerings and maintain highest levels of accuracy in forecasting CVSCaremark’s profitability and client savings. Use sound business judgment to achieve proper balance between client wins and Caremark profitability. Conduct quality assurance reviews of team’s work. Identify areas of potential risk and implement process improvements to mitigate risk. Provide strong leadership to team, both developing staff to accept additional responsibility/promotion opportunities and addressing performance issues when necessary. Work with other departments, such as Industry Analysis, Network Services, and Product Innovation on new/customized client offerings and to measure the impact of various programs and initiatives. Translate these findings into solid, quantifiable savings that will assist in closing a sale and generating a profitable return to the business. Assist with various special project initiatives. Successfully review all financial sections of client proposals to ensure financial accuracy and correct positioning. Work with Legal to draft appropriate client language and contingencies to best reflect the proposed financial arrangement. Carefully examine all contractual documents prior to execution. Provide superior customer service and response time to internal and external partners. Required Qualifications:
Minimum of 10 years professional experience, preferably within a PBM or health plan. Previous underwriting or financial analysis and marketing experience are required. Proven track record of implementing efficiencies/solutions developed primarily from input from end users, which successfully satisfy the business need. Demonstrated experience in managing complex work processes in a cross-department, team environment. Demonstrated success and experience in motivating individuals in a complete, fast-paced, high-pressure environment. Demonstrated experience working successfully with Sales and Account Services. Preferred Qualifications:
Able to work in a very fast-paced environment with tight deadlines. Experience within Caremark, to the full range of products, services, and applications, is desired. Some travel. Excellent verbal/written communications/interpersonal skills. Working knowledge of post-graduate mathematics. Ability to recognize key components driving profitable business. Understand “big picture” to manage time properly. Good negotiating, presenting, and listening skills. Strong knowledge of industry and competition. Education:
Required – College BS – Finance/Math/Business Desired – Advanced degree – MBA, or Masters in Mathematics, Accounting Business Overview:
CVS Caremark, through our unmatched breadth of service offerings, is transforming the delivery of health care services in the U.S. We are an innovative, fast-growing company guided by values that focus on teamwork, integrity and respect for our colleagues and customers. What are we looking for in our colleagues? We seek fresh ideas, new perspectives, a diversity of experiences, and a dedication to service that will help us better meet the needs of the many people and businesses that rely on us each day.
As the nation’s largest pharmacy health care provider, we offer a wide range of exciting and fulfilling career opportunities across our three business units – MinuteClinic, pharmacy benefit management (PBM) and retail pharmacy. Our energetic and service-oriented colleagues work hard every day to make a positive difference in the lives of our customers.
Millions of times a day, close to home and across the country, we’re helping people on their path to better health.