Pharmacy Benefit Financial Analyst-Remote

Position Summary:

The Pharmacy Benefit Financial Analyst serves as a key strategic partner within the Cigna Healthcare Pharmacy Underwriting Organization, supporting the development and execution of Broker Roadmaps.

The roadmaps are essential tools that enable efficient and effective pharmacy underwriting aligned with enterprise financial goals and broker preferences.

In this role, you will work collaboratively with Cigna Pharmacy Sales and Account Management (CPSAM), Pharmacy Underwriting (RxUW), and the Cigna Healthcare Consultant Relations Department (CRD) to drive the optimization of pharmacy pricing aligned with broker strategies, with a specific focus on Broker Roadmaps.

The Senior Advisor is responsible for maintaining the accuracy and relevance of broker roadmaps, analyzing broker-specific requests, generating competitive responses to RFPs and RFIs, communicating key changes to broker roadmaps and strategies to the RxUW team, and working with CRD to determine how certain brokers are financially evaluating our pharmacy pricing proposals.

The primary goal of your responsibilities is to ensure that RxUW and CPSAM are armed with the most up-to-date broker financial preferences and competitive intelligence so RxUW can formulate the most compelling financial offering to brokers to win and retain integrated medical and pharmacy benefits business and effectively defend against pharmacy carve-out threats.

A secondary, but no less important goal of your responsibilities, is to lead and/or support projects that enable the RxUW team to effectively and efficiently underwrite cases.

These projects include, but are not limited to, enhancements to the underwriting tools, advise on/incorporate enhanced/new product(s) into existing underwriting tools, and collaborate with the Pricing, Proposals, and Growth Strategies Teams to effectuate changes that positively influence the pharmacy underwriting process and our pharmacy pricing competitiveness.

Key Responsibilities:


* Understand PBM marketplace pricing optics with specific emphasis on broker-specific preferences for each optic.


* Become an expert on broker-specific financial evaluations.


* Ability to dissect competitors' financial proposals to perform SWOT analyses on our own pharmacy pricing strategies.


* Conduct thorough research to inform and enhance broker roadmaps, ensuring that content remains current, accurate, and strategically aligned.


* Maintain broker roadmaps' currency by updating information, tracking industry trends, and incorporating feedback from internal stakeholders and external competitive intelligence resources.


* Communicate updates and changes regarding broker roadmaps to RxUW and CPSAM, ensuring transparency and alignment across teams.


* Collaborate actively with the Cigna Healthcare CRD to share insights, coordinate strategy, and strengthen broker engagement.


* Analyze broker-specific requests and partner with management to develop and im...