Financial Analysis Lead Analyst - Express Scripts - Hybrid - The Cigna Group
Plano, TX
About the Job
Position Summary
The Financial Analysis Lead Analyst works within the Retail Network Pricing and Guarantees support team embedded within the Supply Chain organization. The lead analyst will perform all financial modeling and analysis for retail pharmacy network negotiations. Responsible for managing all aspects of pharmacy contractual guarantees. Analyst will conduct routine analysis on guarantee performance and make pharmacy pricing recommendations to management in order to meet the guarantees. Provide ad-hoc reporting and analysis as required. Work closely with the financial analysis senior manager on the team.
Essential Functions
+ Perform financial modeling for all chain and independent pharmacy retail network contract negotiations
+ Communicate modeling results to business partners and respond to questions
+ Provide pricing and analytical support for new contracting initiatives
+ Monitor contracted and forecasted retail payable rates in alignment with enterprise financial goals
+ Manage pharmacy pricing in order to meet contractual guarantees
+ Review pharmacy contracts and ensuring that all guarantees are accounted for
+ Monitor and adjust pricing and reporting of pharmacy guarantee performance
+ Enter and maintain provider rates in adjudication system
+ Analyze and identify performance trends and/or variances
+ Cross Functional support of internal business partners through ad hoc projects
Qualifications
+ Bachelor’s degree strongly desired (preferably in mathematics, business, accounting or finance)
+ At least 1 – 3 years of business analysis, modeling, pricing or data management experience preferred
+ Analytical, highly organized, able to work with little supervision, motivated to successfully meet deadlines, attention to detail and ability to multi-task
+ Must be highly proficient in Microsoft Excel.
+ Good understanding of other Microsoft office products.
+ Data extraction and analysis skills in SQL and Teradata are a plus
+ Capability to prepare and present concepts and proposals to all levels of management
+ Excellent Communication skills, oral and written
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About Evernorth Health Services
Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.
_Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws._
_If you require reasonable accommodation in completing the online application process, please email:_ _SeeYourself@cigna.com_ _for support. Do not email_ _SeeYourself@cigna.com_ _for an update on your application or to provide your resume as you will not receive a response._
_The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State._
_Qualified applicants with criminal histories will be considered for employment in a manner_ _consistent with all federal, state and local ordinances._
The Financial Analysis Lead Analyst works within the Retail Network Pricing and Guarantees support team embedded within the Supply Chain organization. The lead analyst will perform all financial modeling and analysis for retail pharmacy network negotiations. Responsible for managing all aspects of pharmacy contractual guarantees. Analyst will conduct routine analysis on guarantee performance and make pharmacy pricing recommendations to management in order to meet the guarantees. Provide ad-hoc reporting and analysis as required. Work closely with the financial analysis senior manager on the team.
Essential Functions
+ Perform financial modeling for all chain and independent pharmacy retail network contract negotiations
+ Communicate modeling results to business partners and respond to questions
+ Provide pricing and analytical support for new contracting initiatives
+ Monitor contracted and forecasted retail payable rates in alignment with enterprise financial goals
+ Manage pharmacy pricing in order to meet contractual guarantees
+ Review pharmacy contracts and ensuring that all guarantees are accounted for
+ Monitor and adjust pricing and reporting of pharmacy guarantee performance
+ Enter and maintain provider rates in adjudication system
+ Analyze and identify performance trends and/or variances
+ Cross Functional support of internal business partners through ad hoc projects
Qualifications
+ Bachelor’s degree strongly desired (preferably in mathematics, business, accounting or finance)
+ At least 1 – 3 years of business analysis, modeling, pricing or data management experience preferred
+ Analytical, highly organized, able to work with little supervision, motivated to successfully meet deadlines, attention to detail and ability to multi-task
+ Must be highly proficient in Microsoft Excel.
+ Good understanding of other Microsoft office products.
+ Data extraction and analysis skills in SQL and Teradata are a plus
+ Capability to prepare and present concepts and proposals to all levels of management
+ Excellent Communication skills, oral and written
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About Evernorth Health Services
Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.
_Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws._
_If you require reasonable accommodation in completing the online application process, please email:_ _SeeYourself@cigna.com_ _for support. Do not email_ _SeeYourself@cigna.com_ _for an update on your application or to provide your resume as you will not receive a response._
_The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State._
_Qualified applicants with criminal histories will be considered for employment in a manner_ _consistent with all federal, state and local ordinances._
Source : The Cigna Group
