JobsBusiness & Financial AnalystSt. LouisFinancial Analyst Sr Advisor - Express Scripts- Hybrid
Cigna Healthcare
Posted 2 days ago · Jobs at Cigna Healthcare
Financial Analyst Sr Advisor - Express Scripts- Hybrid
Cigna Healthcare · Bloomfield, Connecticut, United States · also Bloomington, Minnesota, United States, St. Louis, Missouri, United States
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In short
The Senior Advisor will partner with cross-functional teams to deliver client-specific rebate modeling and drive process improvements in supply chain areas. They will also mentor junior staff and translate complex financial assumptions into clear messaging for leadership and pricing committees.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates should possess a bachelor's degree in finance or a related field and at least 5 years of relevant work experience. Strong analytical, leadership, and technical skills in Excel and database management are required.
About the employer
Cigna Healthcare
We are a health benefits provider that advocates for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to improve their health and vitality.
- INDUSTRY
- Hospitals and Health Care
- COMPANY
- Public Company
- HEADQUARTERS
- Bloomfield, CT
- SIZE
- 10,001+
- OFFICES
- 8 on LinkedIn
- OPEN HERE
- 2 roles
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Questions about this role
- Is this Cigna Healthcare role remote?
- Tagged hybrid.
- What does it pay?
- The posting lists $109,200–$182,000 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 5-10 years.
The posting, in full
The Senior Advisor, Strategy & Financial Analysis will partner with other Supply Chain teams and cross-functional stakeholders to strategize and deliver client-specific rebate modeling optimization for both market checks and renewals (both standard and custom formularies). These teams include: Rebate Analytics, Formulary Consulting, Rebate New Sales and Prospects Modeling, Negotiations, Sales & Account Management (SAM), Underwriting, among others. As a part of this team, the Sr. Advisor will work with leadership to identify and drive not only modeling improvements but also overall process improvements in the rebate and Supply Chain areas. Internally recognized and trusted as the rebate modeling subject matter expert along with his or her clinical sr. advisor peers.
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The Senior Advisor, Strategy & Financial Analysis will partner with other Supply Chain teams and cross-functional stakeholders to strategize and deliver client-specific rebate modeling optimization for both market checks and renewals (both standard and custom formularies). These teams include: Rebate Analytics, Formulary Consulting, Rebate New Sales and Prospects Modeling, Negotiations, Sales & Account Management (SAM), Underwriting, among others. As a part of this team, the Sr. Advisor will work with leadership to identify and drive not only modeling improvements but also overall process improvements in the rebate and Supply Chain areas. Internally recognized and trusted as the rebate modeling subject matter expert along with his or her clinical sr. advisor peers.
Responsibilities
- Collaborate with SAM and Underwriting teams to understand current client financial position and rebate approach as well as strategic options for market checks and renewals.
- Ideate and propose strategic rebate optimization opportunities and understand long-term benefits and challenges associated with those optimization opportunities.
- Mentor Advisors and Lead Analysts to help support department training needs.
- Support team leadership by reviewing key / complex client rebate modeling and "translating" modeling primary components and assumptions into concise and understandable format and messaging for leadership reviews and Pricing Committee.
- Evaluate client data, create scenarios, and provide expert modeling and guidance for existing clients in alignment with department strategic objectives that drive value to both clients and Express Scripts.
- In collaboration with Clinical Account Executives, discuss any potential utilization management programs under evaluation to ensure that all modeling and requirements of these programs are accurately represented and in alignment with Pharmaceutical rebate contract.
- Partner with clinical sr. advisor peers to analyze the financial impact of client requested formulary changes to both the client and Express Scripts.
- Strategize with cross-functional areas of Express Scripts, including but not limited to Account Management, Pricing, Product, Finance, and New Sales.
- Lead interdepartmental team calls as required to discuss rebate invoicing eligibility terms/conditions.
- Lead and / or assist in documenting best practices / SOPs for rebate modeling teams.
- Ensures optimization of work processes for rebate modeling strategies and achievement of department goals.
- Work on special projects and presentations as needed for the rebate modeling teams.
Qualifications
- Bachelor Degree, Finance, Healthcare or related area/MBA a plus
- Clinical a plus; but not required
- 5+ years relevant work experience preferred
- Strong Leadership, Detail Oriented Organizational, and Analytical skills
- Excellent PC skills - including Excel, PowerPoint and MS Access, experience with database
- Financial modeling experience
- Familiarity with pharmaceutical rebate contracts a plus
- Proven ability to work in a fast paced - ever changing environment
- Excellent relationship building and cross functional skills
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.
For this position, we anticipate offering an annual salary of 109,200 - 182,000 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
At The Cigna Group, you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year, paid holidays, and leaves of absence. For more details on our employee benefits programs, click here.
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 need a reasonable accommodation to complete the online application process, please email seeyourself@thecignagroup.com for assistance. Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.
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.
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