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Assumptions Leader
Assumptions Leader
Springfield
May 19, 2024
ABOUT CVS HEALTH
CVS Health is a healthcare innovation company. Together, we are helping people on their path to better health.
10,000+ employees
Healthcare
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About Assumptions Leader

  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

  We have a great opportunity for an enthusiastic team player to join our Client Financial Analysis and Proposals (CFAP) team under our Pharmacy Benefits Management (PBM) business unit. The Assumption Leader will govern the assumption process for our Underwriting models. The person in this role will coordinate with subject matter experts across Finance, Network, Product, Underwriting, Trade, etc. to capture updated insights related to both internal and external events, review them with leaders through the governance process and ensure effective model implementation including a role in quality assurance.

  Primary Responsibilities include: Build trusted relationships with a cross-functional team to solicit input on forecast assumptions and encourage critical evaluation of those assumptions Influence partners to adhere to best practices established to streamline the ingestion and evaluation of required updates and leverage project management skills to align assumptions across all UW models Support transparent communication of updates to all impacted users, and summarize assumptions for executive use Act as source of truth for UW assumption tracking and identify overlap in assumptions with Finance to drive alignment or understanding and documentation of differences. Continue to strengthen assumptions governance process and support efficient updates and precise modeling. Support process to analyze and quantify impacts of changes on our underwriting client forecasts Build and maintain accurate and detailed documentation across various trackers and requirements documents The successful candidate will also have the following skills:Structured & Logical Thinking: The ability to identify and define problems and issues, and develop strategic solutionsIntellectual Curiosity and Tenacity: Ability to learn quickly and to solve complex problems in a highly dynamic environment. Powerful Communication: The ability to communicate effectively and succinctly with a diverse range of constituents. Team Leadership: Strong relationship-building and influencing skills to foster effective working relationsRequired Qualifications 5+ years of experience including some combination of project management, operations, strategy, or analytics Proficient with Microsoft Office Preferred Qualifications Experience in PBM industry Education Bachelor's Degree Pay Range

  The typical pay range for this role is:

  $79,200.00 - $170,800.00

  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

  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 ColleagueRelations@CVSHealth.com 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.

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