Formulary Rebate Modeling Advisor- Work From Home (Express Scripts)

POSITION SUMMARY

The Formulary Rebate Modeling Advisor works closely with the Senior Manager to provide financial rebate modeling support to assigned clients. Under general supervision, plans, coordinates and implements financial and business processes to support and enhance the client formulary rebate optimization. Position will have responsibilities related to rebate modeling forecasts in support of RFPs, Pharmacy & Therapeutics Committee meetings, Annual Formulary Summit meetings as well as any ad hoc modeling requests. This position will be responsible to compile, interpret, and analyzes data. Works in collaboration with Formulary Consulting Leadership to provide strategic opportunities to maximize value for clients and Express Scripts Supply Chain Organization.

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
• May be asked to develop and execute formulary modeling for moderate to complex RFP requests- prospect clients and client renewals with strategy guidance from manager and in close partnership with other business partners and key stakeholders
• 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)

This role is Flex/WFH which allows most work to be performed at home or on occasion at a Cigna office location. Employees must be fully vaccinated if they choose to come onsite.

QUALIFICATIONS:

• Bachelor Degree, Finance or related area/MBA a plus
• Bachelor's Degree in related field with 2 to 4 years of experience OR Master's Degree with 1-2 years relevant experience
• Strong, detail oriented organizational and analytical skills
• Excellent PC skills - including Excel, PowerPoint and MS Access
• Financial analysis or modeling experience
• Proven ability to work in a fast paced - ever changing environment
• Excellent relationship building and cross functional skills
• Travel up to 10%

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.

For this position, we anticipate offering an annual salary of $85,800 - $143,000, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

Helping our customers achieve healthier, more secure lives is at the heart of what we do. While you take care of our customers, we'll take care of you through a comprehensive benefits program that helps you be at your best. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and best in class 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 dozens of corporate discounts on essentials you use every day. For more details on our employee benefits programs, please visit the "Life at Cigna" tab on our careersite: www.cigna.com/careers

About Cigna

Cigna Corporation exists to improve lives. We are a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Together, with colleagues around the world, 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 us, or one of our subsidiaries, you'll enjoy meaningful career experiences that enrich people's lives. What difference will you make?

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: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.

Cigna 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.