Position Summary
This role holds end-to-end responsibility for developing and governing the financial proformas for Medicaid new business, including new markets, expansions, and re-procurements. The Senior Analyst acts as the sole finance owner for new business modeling, ensuring accuracy, consistency, and alignment across Finance, Actuarial, Shared Services, and Health Plan leadership. The role collaborates closely with implementation, actuarial, and operations teams to support informed decisions and executive approvals.
Location: Remote in Tennessee.
Key Responsibilities
- Manage all new business proformas, covering revenue, medical margin, SG&A, FTE ramp, and startup costs across multi-year horizons.
- Partner with Actuarial, Health Plan, Shared Services, and Corporate Finance to align assumptions, inputs, and methodologies for new business opportunities.
- Lead financial modeling for RFPs, market expansions, re-procurements, and new product offerings, ensuring alignment with enterprise standards.
- Maintain governance, documentation, and version control for proformas and supporting assumptions.
- Translate complex financial results into clear executive-ready summaries, risks, and recommendations.
- Support leadership review, approvals, and audit readiness for new business financials.
- Identify opportunities to improve modeling efficiency, standardization, and scalability across new business processes.
- Act as the Finance point of contact for staffing models and cost structure discussions related to new business.
Required Qualifications
- Advanced Excel and financial modeling skills
- Strong communication skills with the ability to influence across functions
Preferred Qualifications
- Medicaid, government programs, or healthcare finance experience
- Experience with RFPs, new market entry, or startup financials
- Automation or advanced analytics exposure
Education
- Bachelor’s degree in Finance, Accounting, or a related field
- 5+ years of progressive FP&A or financial modeling experience
Work Details
Anticipated Weekly Hours: 40
Time Type: Full time
Compensation
The typical pay range for this role is $46,988.00 - $91,800.00. This range represents the base compensation for positions within the applicable job grade. The final base salary offer depends on factors such as experience, education, geography, and other relevant considerations. This position is eligible for a CVS Health bonus, commission, or short-term incentive program in addition to base pay.
Benefits
Our people drive our future. We offer a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. In addition to competitive wages, benefits include:
- Affordable medical plan options, a 401(k) plan with company matching contributions, and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address diverse needs, including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access, and other benefits based on eligibility.
- For more information, visit https://jobs.cvshealth.com/us/en/benefits
Application Details
We anticipate the application window for this opening will close on: 03/21/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws.
