POSITION SUMMARY
The Senior Advisor, Strategy & Financial Analysis will provide consultation to custom formulary clients through 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 recognized and trusted as the formulary rebate modeling subject matter expert.
ESSENTIAL FUNCTIONS
* Provide consultation and 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.
* Develop and execute formulary modeling for complex RFP requests- prospect clients and client renewals in alignment with department strategy
* 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, Finance, and New Sales.
* 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
* Bachelor Degree, Finance, Healthcare or related area/MBA a plus
* 3-5 years relevant work experience
* 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
* Ability to travel approximately 10%.
This position is not eligible to be performed in Colorado.
About Cigna
Cigna Corporation (NYSE: CI) is a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. We offer an integrated suite of health services through Cigna, Express Scripts, and our affiliates including medical, dental, behavioral health, pharmacy, vision, supplemental benefits, and other related products. Together, with our 74,000 employees worldwide, we aspire to transform health services, making them more affordable and accessible to millions. Through our unmatched expertise, bold action, fresh ideas and an unwavering commitment to patient-centered care, we are a force of health services innovation.
When you work with Cigna, youll enjoy meaningful career experiences that enrich peoples lives while working together to make the world a healthier place. What difference will you make? To see our culture in action, search TeamCigna on Instagram.
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.
Bloomfield, CT
Cigna Corporation, a health service organization, provides insurance and related products and services in the United States and internationally. It operates through Integrated Medical, Health Services, International Markets, and Group Disability and Other segments. The Integrated Medical segment offers medical, pharmacy, dental, behavioral health and vision, health advocacy programs, and other products and services to insured and self-insured clients; Medicare Advantage, Medicare Supplement, and Medicare Part D plans to Medicare-eligible beneficiaries, as well as Medicaid plans; and health insurance coverage to individual customers on and off the public exchanges.
The Health Services segment provides clinical solutions, specialized pharmacy care, home delivery pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management drug claim adjudication, digital consumer health and drug information, provider, and medical benefit management services. The International Markets segment offers supplemental health, life and accident insurance products, and health care coverage, as well as health care benefits to mobile employees of multinational organizations.
This segment offers health coverage, hospitalization, dental, critical illness, personal accident, term life, and variable universal life products. The Group Disability and Other segment provides group long-term and short-term disability, group life, accident, and voluntary and specialty insurance products and related services; and permanent insurance contracts to corporations to provide coverage on the lives of certain employees for the purpose of financing employer-paid future benefit obligations. The company distributes its products and services through insurance brokers and insurance consultants; and directly to employers, unions and other groups, or individuals. Cigna Corporation was founded in 1792 and is headquartered in Bloomfield, Connecticut.