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This is a hybrid position (3 days per week in-office 2 days work at home). The incumbent candidate can be based out of any US Cigna Healthcare office. This position is a Hybrid role where the Cigna policy requires office alignment but is not restricted to locations that are identified in this posting.
POSITION SUMMARY
The Senior Advisor Strategy & Financial Analysis will provide consultation to custom formulary clients thorough contract interpretation and rebate financial modeling. As a Sr. Advisor you will have the opportunity to identify strategic opportunities for clients to optimize their formulary to drive value for both internal and external organizations. Works collaboratively with cross functional teams and may lead interdepartmental teams or projects to drive process improvements. Internally recognizedand trusted as the formulary rebate modeling subject matter expert.
ESSENTIAL FUNCTIONS
Provide consultation through rebate contract interpretation and strategic opportunity identification
Mentor Advisors and Lead Analysts to help support department training needs
Meet directly with large and most complex custom clients to review modeling and cultivate relationships with Formulary Decision Makers (i.e. Pharmacy Directors VPs etc.).
Evaluate client data create scenarios and provide expert formulary modeling and guidance for existing clients in alignment with department strategic objectives that drive value to both clients and ESI.
Collaborate with Clinical Account Executives to create strategy for Custom Clients based on formulary scenarios rebate offerings and modeling options.
In collaboration with Clinical Account Executives discuss with clients 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.
Analyze the financial impact of client requested formulary changes to both the client and Express Scripts.
Create presentations for client formulary strategy and/or consulting meetings including all supporting documentation.
Strategize with cross-functional areas of Express Scripts including but not limited to Account Management Pricing Product and Finance.
Lead interdepartmental team calls as required to discuss rebate invoicing eligibility terms/conditions.
Effectively document and communicate formulary analysis projects. (i.e. model maintenance and QC).
Ensures optimization of work processes for formulary modeling strategies and achievement of department goals
QUALIFICATIONS
Bachelors Degree in Finance strongly preferred
Healthcare or related area/MBA a plus
3 years relevant work experience
Strong Leadership Detail Oriented Organizational and Analytical skills
Excellent PC skills including Excel PowerPoint and MS Access
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
Ability to travel approximately 10%.
This role is also anticipated to be eligible to participate in an annual bonus plan.
We want you to be healthy balanced and feel secure. Thats why youll enjoy a comprehensive range of benefits with a focus on supporting your whole health. Starting on day one of your employment youll be offered several health-related benefits including medical vision dental and well-being and behavioral health programs. We also offer 401(k) with company match company paid life insurance tuition reimbursement a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs visit Life at Cigna Group.
About The Cigna Group
Doing something meaningful starts with a simple decision a commitment to changing lives. At The Cigna Group were dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services we are committed to enhancing the lives of our clients customers and patients. 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: for support. Do not email 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.
Required Experience:
Senior IC
Full-Time