Manager, Underwriting DFM Analytics

at CVS Health in Springfield, Illinois, United States

Job Description

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

This role is on the business product team of the application supporting our pricing operations teams. This tool is vital to the success of a transformational underwriting initiative to drive profitability across the enterprise.As a Manager, Underwriting DFM Analytics you will support the development, testing, implementation, communication, and governance of assumptions and rules. You will be a critical member of the team that owns the design, strategy, and build of foundational data forecasting tools to support PBM pricing and underwriting functions. As capabilities increase you will ensure assumptions are built to promote both accuracy and ability to be refreshed easily. You will be tasked with developing a deep understanding of the business and business needs to ensure analytical requirements are accurately captured, communicated to key stakeholders, and prioritized appropriately on the project roadmap. You will support business validation testing and be responsible for performing overall data integrity checks using applications such as Data Bricks, Microsoft Excel, and Tableau. Finally, you will assist with communication and training of underwriting on how to use this information to develop their pricing strategy.

This is a unique role that leverages the ability to combine business and technology acumen to operate as a leader and detail-oriented expert. The role will work closely with the leader of the ecosystem, subject matter experts across Caremark, product owners, and IT colleagues to facilitate a strong relationship to bring the vision and strategy to life through clear prioritization and value proposition for Underwriting. You will be accountable for supporting the development team and users to facilitate resolution, communication, and training on fully tested solutions to meet the business needs.Responsibilities

+ Own assumption process of the pricing tool and coordinate with Governance team on updates and communication

+ Complete user acceptance testing and assist with QA to measure impact of changes and minimize live production defects in the tool

+ Work with a broad range of functions to ensure assumptions used in modeling are consistent with current best estimates of the business

+ Ensure cross-functional alignment across both legacy and new applications to ensure consistency

+ Leverage deep understanding of the business to ensure analytical requirements are accurately captured and communicated to key stakeholders

+ Develop controls and standard operating procedures to create efficiency and structure within the application

Required Qualifications

+ 3+ years of professional work experience in PBM/healthcare industry

+ 3+ years of analytical experience (excel, Tableau)

+ 1+ year Coding experience (SQL, SAS, or Python)

Preferred Qualifications

+ Strong collaboration skills and willingness to work across business units within a complex organization

+ Excellent oral and written communications skills

+ Experience prioritizing work and communicating in a manner that is clear, logical, consistent, and effective

+ Innovative mindset and ability to work outside of established boundaries

+ Results oriented with ability to keep others on task to meet defined goals

+ Experience working with IT and Scrum methodology

+ Degree related to finance, mathematics, statistics, actuarial science, economics or other data related fields


+ Bachelor’s degree required

Pay Range

The typical pay range for this role is:

$63,300.00 – $136,500.00

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. 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

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.

Copy Link

Job Posting: JC252961321

Posted On: Dec 25, 2023

Updated On: Feb 26, 2024

Please Wait ...