Senior Analyst, FP&A - Commercial Revenue

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.

Position Summary
The Senior Analyst, FP&A – Commercial Revenue supports financial planning, forecasting, and performance management for commercial drug revenue across Non-Medicare segments within CVS Health’s Pharmacy Services business, including Large Client, CarelonRx, Aetna, FEHBP, and Maintenance Choice. Reporting to the Senior Manager, FP&A Non-Medicare Drug Revenue, this role contributes to the development of annual budgets, quarterly forecasts, and monthly close deliverables, with a focus on client-level and drug-level revenue analytics. The Sr. Analyst delivers clear variance analysis and performance reporting that informs commercial revenue strategy and leadership decision-making.

Responsibilities 

• Supports the development of annual operating plan, multi-year plan, and quarterly revenue forecasts for commercial segments, including client-level and drug-level build-up. 

• Performs monthly variance analysis for Non-Medicare commercial revenue, identifying and communicating drivers including volume, price, client mix, and formulary impacts. 

• Builds and maintains financial models to evaluate revenue impacts from contract changes, drug mix shifts, and client utilization trends. 

• Prepares weekly performance updates and management reporting packages, ensuring accuracy, timeliness, and clarity for leadership review. 

• Supports ad-hoc analytical requests, special projects, and scenario modeling as directed by the Sr. Manager and Director. 

Required Qualifications

• Financial planning, budgeting, and forecasting skills, ideally in a PBM, managed care, or commercial health benefits environment.

• Understanding of commercial pharmacy revenue drivers including volume, price, client mix, and contractual structures.

• Proficiency in Excel and experience with large data sets.

Preferred Qualifications

• Tableau or similar visualization tool experience preferred.

• Strong analytical and problem-solving skills with ability to explain multi-driver variances clearly.

• Effective written and verbal communication; ability to prepare executive-ready reporting.

• Collaborative work style with ability to partner across Finance and with Network Pricing and Business teams.

Education

• Bachelor's degree preferred or equivalent experience.
• Master's degree preferred.

Anticipated Weekly Hours