Jobs Companies CVS Health Sr Analyst, Pharmacy Underwriter

About this Sr Analyst, Pharmacy Underwriter role at CVS Health

CVS Health · Onsite · CT - Hartford

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

CVS is looking to add a Sr Analyst, Pharmacy Underwriter. In this role, you would be responsible for supporting both new business and renewal case specific ASC (self-insured) Pharmacy Pricing, as well as developing financial offers that are both competitive and profitable. In this role, you would provide support with financial responses for Request For Proposal questionnaires.

The ideal candidate is able to anticipate customer needs and requirements as well as to facilitate and negotiate using tact and diplomacy.

They will be involved in training, projects, and mentoring others. Works primarily on complex or high visibility cases, markets or underwriting methods. 

**Candidates must have both underwriting and pharmacy experience**

Additional Responsibilities are:

  • Identifies training issues and recommends a course of action.

  • Leads process improvement initiatives to improve productivity, accuracy and/or customer service and influences tool development

  • Provides superior customer service

  • Mentors and trains underwriting staff

  • Ensures team members have the information to do their jobs

  • Understands, applies and explains company services, product standards, underwriting policies, strategic direction and new initiatives relative to unit's responsibilities

  • Grants underwriting exceptions and financial variances within prescribed limit

  • Manages and/or participates on assigned projects and ensures project plans and/or work tasks are in alignment with overall goals

  • Participate in broker/customer meetings

  • Utilizes knowledge of competition and competitive position to evaluate risk and maximize profitability

  • Negotiates and explains rate development and application of underwriting policy

  • Analyzes problems or issues from different points of view to find the optimal solution

  • Evaluates and manages complex and/or high visibility cases, identifies risks and recommends appropriate measures to manage risks while growing or retaining membership

  • Assists team in meeting deadlines

  • Delivers quality financial products for new and renewal business

  • Builds strong cross-functional relationships with sales force and other internal organizations



Required Qualifications

  • 3 years of relevant work experience

  • 2 - 3 years of Pharmacy Underwriting experience required for this role

Preferred Qualifications

  • Extensive knowledge of the Aetna systems supporting ASC Pharmacy pricing methodology.

  • Risk Assessment/Analysis, Communication, Negotiation, Adaptability,


Education

Bachelor's degree or equivalent years of work experience.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $112,200.00

This 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. 
 

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.


Additional details about available benefits are provided during the application process and on
Benefits Moments.

We anticipate the application window for this opening will close on: 10/02/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

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How this Underwriter salary compares

This role pays $79,594/yrbelow the typical range for Underwriter roles.

$84,828 median $129,172 $210,350

Typical range $110,447–$143,631/yr, from 6 comparable Underwriter listings on JobsRadar (pay annualized to USD). See Underwriter salary insights →

About CVS Health

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.

See all jobs at CVS Health →

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