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CVS Health Strategic Scenario Planning Lead ( healthcare + financial modeling ) in New York, New York

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.   Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary :

If you love working with data and are excited about imagining what the ever-evolving health care landscape could be , this role is for you ! As Strategic Scenario Planning Lead , you will drive high impact, strategic risk analysis for CVS Health ’s Corporate Strategy team , a Fortune 6 and leading health solutions company in the U.S. As a critical part of the team, you will be frequently engaging with a variety of teams to perform complex analyses in support of strategy development, implementation, and monitoring and have high visibility to senior leadership across the company .

Some of your key responsibilities will include , but are not limited to :

  • Leading or participating in moderately complex financial scenario assessments, sensitivity analysis, and risk analytic s that contribute to large-scale planning activities.

  • Conducting health care market research to inform strategic scenarios and u se business intelligence, statistical, and/or data science techniques to evaluate risk exposure.

  • Developing and working with structured data files from multiple sources, such as membership, P&L, clinical and pharmacy claims, risk adjustment, etc .

  • Partnering with Enterprise Strategy , Actuarial, Enterprise Risk Management, and Enterprise Economics to test robustness of model assumptions and projections.

  • Collaborating and consulting with Finance Technology to resolve modeling, forecasting, and production issues, and achieve analytic and reporting goals.

  • Supporting development of communication vehicles (e.g., presentation) and presenting complex analytic s concepts, techniques, and results to non-technical audience .

  • Taking initiative in raising new data collection opportunities, applications of existing data, or analyses that contribute to team’s strategic role in exceeding outcomes.

    To be successful, you will :

  • B ring and continue to d evelop a solid understanding of health care business drivers across payer, care delivery, PBM, and pharmacy .

  • Use critical thinking to frame business problems, acquire relevant data points, design analytical plans, and provide actionable insights and strategic solutions.

  • Risk-assess complex problems using large data sets and communicate effectively with leadership to highlight strategic implications to CVS Health.

  • Possess excellent written and verbal communication skills with all levels of organization and those with and without technical backgrounds.

  • Demonstrate ability to manage multiple tasks with competing priorities.

  • W ork effectively both independently and as a team with diverse stakeholders , including business, technical and/or clinical.

    This is a hybrid role (3 days a week onsite) in one of the CVS Health or Aetna offices in NYC or Hartford, CT.

    Required Qualifications:

  • 5+ years' experience working with financial drivers of healthcare businesses, with exposure to at least one of the following business: payer, provider, PBM, pharmacy

  • 3+ years of risk analytics experience in the healthcare industry

  • Strong command of financial modeling, including scenario analysis, sensitivity analysis, Monte Carlo simulation, discounted cash flow (DCF), and forecasting

  • Advanced skills in Excel

  • 2+ years of experience using various statistical software and computer programming (e.g., R, Python, SQL, SAP , Oracle, etc.)

  • Ability and willingness to travel as needed. Less than 10% of time .

    Preferred Qualifications:

  • Working knowledge and experience in visualization tools (e.g., D3, Tableau)

  • Proficiency in Microsoft PowerPoint and Word

  • Actuarial background

    Education:

  • Bachelor’s degree with significant relevant experience.

  • Master’s degree in Data Analytics, Statistics, Mathematics, Finance, Economics, or other quantitative discipline preferred.

Pay Range

The typical pay range for this role is:

$79,200.00 - $190,700.00

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. This position also includes an award target in the company’s equity award program. In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies. For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 05/15/2024

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