Manager, Assumptions Governance, CVS Health

CVS Health

Location:
United States, Springfield, Illinois

Category:
Finance

Contract Type:
Employment contract

Salary:

54300.00 - 159120.00 USD / Year

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Job Description:

As Manager, Assumptions Governance, you will be responsible for key support functions for CVS Health’s PBM assumptions management. This role is critical in ensuring PBM forecasting accuracy by supporting the underwriting and finance forecasting process as well as assisting with other financial processes. Primary responsibilities include understanding, assessing, and implementing financial and utilization assumptions and artifacts; leveraging a combination of data driven insights and market dynamics to validate and vet assumptions; leverage market leading tools for the CFAO & PBM Finance organizations to review and maintain assumptions and artifacts; and communicating to business partners.

Job Responsibility:

Manage assumptions across the PBM organization including finance, supply chain and other key areas
Partner with Business resources to gather, refine and evaluate assumptions and artifacts to impact the Underwriting process
Foster strong links to the PBM finance team regarding forecasting assumptions, client profitability efforts, and financial governance of underwriting activities
Support discussions that are highly complex financially
Play a critical role in creating a pricing governance structure to ensure financial objectives and process excellence are both met while meeting challenging deadlines and expectations driven by the marketplace
Prioritize effectively and efficiently to meet internal and external customer needs
Respond to inquiries involving assumptions to ensure accuracy and precision
Support the presentation of information to Executive Leadership
Respond to questions in real-time in support of their review and approval
Participate in peer reviews of high complex data requests to validate that modeled data and related analytic deliverables match and satisfy business requirements
Assist in ad-hoc analysis

Requirements:

5+ years professional experience process and change management, Financial modeling, financial analysis and/or program management
Strong understanding of PBM or healthcare industry
Experience working within matrix organization collaborating to create meaningful predictive analytics
Strong understanding of, or experience with, internal and external facing pricing and analytics teams
Ability to innovate, develop, and implement new products or solutions requiring collaboration with internal partners
Demonstrated success developing effective relationships with key internal partners across the enterprise
Working knowledge of relational databases and warehouses
SQL, Python or other reporting languages
Experience managing complex projects in a matrix environment
Ability to summarize complex financial analysis and support recommendations in presentations to Executive Leadership
Ability to work independently in a fast-paced environment and manage tight deadlines
Proficient in SQL and Microsoft Office
Bachelors Degree in a relevant discipline, such as finance, mathematics, business or other related field required or equivalent work experience

Nice to have:

Strong understanding of PBM or healthcare industry
Experience working within matrix organization collaborating to create meaningful predictive analytics
Strong understanding of, or experience with, internal and external facing pricing and analytics teams
Ability to innovate, develop, and implement new products or solutions requiring collaboration with internal partners
Demonstrated success developing effective relationships with key internal partners across the enterprise
Working knowledge of relational databases and warehouses
SQL, Python or other reporting languages
Experience managing complex projects in a matrix environment
Ability to summarize complex financial analysis and support recommendations in presentations to Executive Leadership
Ability to work independently in a fast-paced environment and manage tight deadlines
Proficient in SQL and Microsoft Office

What we offer:

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
Paid time off
Flexible work schedules
Family leave
Dependent care resources
Colleague assistance programs
Tuition assistance
Retiree medical access

Additional Information:

Job Posted:
June 12, 2025

Expiration:
June 30, 2025

Employment Type:

Fulltime

Work Type:

Remote work

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Manager, Assumptions Governance