Manager, FP&A

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.Position Summary

The Manager will report directly to Director of Finance and will monitor the end to end profit & loss statements, reporting and budget & forecasting for the Aetna Better Health of Illinois. S/He will advise on latest updates from the state regarding rates adjustments/determinations/program changes and will report on the financial impact as well as determine rate adequacy for confirmation and/or follow up state discussions. The Manager will assist in inquiries by both the state and the Illinois Association of Medicaid Health Plans regarding the marketshare, data submission for the purpose of rate setting and medical trend analysis on behalf of the Health Plan.

Support month end close activities related to Membership, Revenue, Medical Expense, MBR and G&A. Present schedules/reports and variance analysis to Health Plan Finance Leadership. Work closely with Corporate Controllership/Actuarial Team to accurately reflect results in the financials.

Strategic subject matter expert for all forecasting cycles with the approval of the Senior Manager and Health Plan CFO /CEO for reporting to the Enterprise

Prepare monthly medical trend analysis for product performance and reporting of risk areas within medical lag and non-lag for mitigation by Clinical and Operational staff and participate in Medical Cost Trend meetings for the suggestion of mitigation and SAI efforts

Creation and support of requisite and supplemental materials to assist in variance, close and forecast reporting to Health Plan leadership and Enterprise as neededRequired Qualifications
5 or more years of relevant experience

Preferred Qualifications

-Medicare and Medicaid experience

- Managed Care experience

- Budget and Forecasting

- Variance Analysis

- Advanced ModellingEducation

Bachelor's Degree required; Preferably in Financial/Business disciplinePay Range

The typical pay range for this role is:$66,330.00 - $145,860.00This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company's 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off ("PTO") or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.

For more detailed information on available benefits, please visit Benefits | CVS HealthWe anticipate the application window for this opening will close on: 01/27/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.