Program Management Advisor - Express Scripts at Cigna in Bloomfield, Connecticut

Job Description:

POSITION SUMMARY:

The Program Management Advisor (Financial Analyst) provides financial, rebate, and modeling support to assigned client. Under general supervision, plans, coordinates and implements financial and business processes to support and enhance formulary rebate optimization for the client's formularies. Position will have responsibilities related to data management to support recommendations for rebate contract requirements, regularly scheduled deliverables and ad hoc requests. This position will be responsible to compile, manipulate, interpret, and analyze large data sets. Works in collaboration with Clinical and Formulary Consulting Leadership to provide strategic opportunities to maximize value for clients and Express Scripts.

ESSENTIAL FUNCTIONS:

• Meet directly with client account teams and clients on a regular basis in order to utilize financial models to evaluate the rebate and cost impact of implementing existing and potential (new) client formularies


• Discuss with client/client teams any potential utilization management programs under evaluation to ensure that all modeling and requirements of these programs are accurately evaluated and communicated to Pharmaceutical partners


• Analyze the financial impact of client requested formulary changes to both the client and Express Scripts


• Create and deliver presentations for client meetings including all supporting documentation for moderate complexity clients.


• Coordinate internal prep meetings with participation from various areas of Express Scripts, including but not limited to Sales & Account Management, Pricing, Invoicing, and Pharma Strategy and Contracting


• Provide analytic support for rebate contact negotiations


• Interact closely with other areas of Pharma Strategy and Contracting department to insure all manufacturer contract terms are correctly reflected in all models


• Improve on existing systems and procedures to effectively document and communicate formulary analysis projects. (including maintaining and revising existing financial models)


• Develop and execute formulary modeling for prospect clients and client renewals with strategy guidance from Clinical Program Director and in close partnership with other business partners and key stakeholders.

IDEAL CANDIDATES WILL HAVE A COMBINATION OF THE FOLLOWING:

• Bachelor's degree preferred


• 5+ years of relevant work experience, including data analysis


• Financial analysis or modeling experience, with meticulous organizational and analytical skills


• Excellent with data aggregation, manipulation, and analysis utilizing formulas, pivots, and other tools within Excel


• Ability to independently problem solve using outside-of-the box thinking and leveraging internal and external resources


• Proficiency with designing, implementing, and tracking dashboards, KPIs, and other necessary program metrics


• Ability to identify issues or irregularities within data, preform root-cause analysis, and report/discuss findings


• Knowledge or familiarity of drug and pharmaceutical manufacturer verbiage


• Proven ability to work in a fast paced, ever-changing environment and to recommend and implement improvements


• Excellent relationship building and cross-functional skills.

ABOUT THE DEPARTMENT:

Supply Chain - Pharma Strategy & Contracting combines the coordination and management of the company's key supplier groups under a single management team. Major suppliers include brand and generic pharmaceutical manufacturers, retail pharmacies and drug wholesalers.

Express Scripts, a leading pharmacy benefit manager with the nation's largest mail order-pharmacy operations, assists its customers to moderate the cost and enhance the quality of prescription drug benefits provided to members nationwide. Its customers include private- and public-sector employers and healthcare organizations. Advance your career with the company that makes it easier for people to choose better health. We are looking for individuals who are passionate, creative and committed to creating systems and service solutions that promote better health outcomes.

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 91,100 - 151,800 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.

We want you to be healthy, balanced, and feel secure. That's why 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) 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 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 require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com 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.