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Risk & Underwriting Senior Advisor- Strategy and Financial Analysis- Express Scripts - Hybrid
full-timeBloomfield

Summary

Location

Bloomfield

Type

full-time

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About this role

The job profile for this position is Risk & Underwriting Senior Advisor, which is a Band 4 Senior Contributor Career Track Role.

Excited to grow your career?

We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply!

Our people make all the difference in our success.

The Senior Advisor, Strategy & Financial Analysis will partner with other Supply Chain teams and cross-functional stakeholders to strategize and deliver client-specific rebate modeling and guarantees for new and existing business.  These teams include Rebate Analytics, Formulary Consulting, Rebate New Sales and Prospects Modeling, Negotiations, Sales & Account Management (SAM), Underwriting, among others. As a part of this team, the Senior Advisor will work with leadership to identify and drive not only modeling improvements but also overall process improvements in the rebate and Supply Chain areas. Internally recognized and trusted as the clinical rebate modeling subject matter expert along with their clinical sr. advisor peers.

Responsibilities:

  • Collaborate with SAM and Underwriting to assess client financials, rebate strategies, and renewal/market‑check options.
  • Develop and recommend strategic rebate optimization opportunities, considering long‑term impacts.
  • Share best practices and interpret industry drug trends to inform underwriting strategy and support process improvements.
  • Review complex client rebate models and convert key assumptions into concise summaries for leadership and the Pricing Committee.
  • Analyze client data, model scenarios, and provide expert guidance aligned with departmental strategic goals.
  • Custom‑model client‑specific formularies and produce financial projections tailored to each client’s unique design.
  • Partner with Clinical Account Executives to ensure modeling accurately reflects utilization management programs and rebate contract requirements.
  • Work with clinical advisor peers to evaluate the financial impact of client‑requested formulary changes.
  • Collaborate cross‑functionally (Account Management, Pricing, Product, Finance, New Sales) on rebate‑related strategy.
  • Lead interdepartmental calls regarding rebate invoicing terms and eligibility.
  • Create and maintain best practices/SOPs for rebate modeling.
  • Improve work processes to optimize rebate modeling strategies and support department objectives.
  • Mentor Advisors and Lead Analysts to support training and development needs.
  • Contribute to special projects and presentations for rebate modeling teams.
     

Qualifications:

  • Bachelor’s degree, Finance, Healthcare, or related area preferred
  • Bachelor's degree in Pharmacy or Pharm.D a plus
  • 3+ years of working in the pharmacy environment
  • 1+ years of significant formulary management/development experience
  • Detail Oriented Organizational, and Analytical skills
  • Excellent PC skills – including Excel, PowerPoint and MS Access, experience with database
  • Financial modeling experience
  • Familiarity with pharmaceutical rebate contracts a plus
  • Proven ability to work in a fast paced – ever changing environment
  • Excellent relationship building and cross functional skills
  • We will consider qualified candidates who live near our Morris Plains, NJ Memphis, TN or St. Louis, MO offices


If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

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.

Please note that you must meet our posting guidelines to be eligible for consideration.  Policy can be reviewed at this link.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.

Other facts

Tech stack
Financial Analysis,Rebate Modeling,Data Analysis,Formulary Management,Pharmacy Environment,Process Improvement,Cross-Functional Collaboration,Mentoring,Client Financial Assessment,Strategic Recommendations,Industry Drug Trends,Excel,PowerPoint,MS Access,Financial Modeling,Relationship Building

About The Cigna Group

The Cigna Group is a global health company committed to creating a better future built on the vitality of every individual and every community. We relentlessly challenge ourselves to partner and innovate solutions for better health.

The Cigna Group includes products and services marketed under Cigna Healthcare, Evernorth Health Services or its subsidiaries. The Cigna Group maintains sales capabilities in more than 30 countries and jurisdictions, and has more than 190 million customer relationships around the world.

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Hospitals and Health Care

What you'll do

  • The Senior Advisor will collaborate with various teams to develop client-specific rebate modeling and guarantees, while also identifying process improvements. They will analyze client data and provide expert guidance aligned with departmental strategic goals.

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Frequently Asked Questions

What does a Risk & Underwriting Senior Advisor- Strategy and Financial Analysis- Express Scripts - Hybrid do at The Cigna Group?

As a Risk & Underwriting Senior Advisor- Strategy and Financial Analysis- Express Scripts - Hybrid at The Cigna Group, you will: the Senior Advisor will collaborate with various teams to develop client-specific rebate modeling and guarantees, while also identifying process improvements. They will analyze client data and provide expert guidance aligned with departmental strategic goals..

Why join The Cigna Group as a Risk & Underwriting Senior Advisor- Strategy and Financial Analysis- Express Scripts - Hybrid?

The Cigna Group is a leading Hospitals and Health Care company.

Is the Risk & Underwriting Senior Advisor- Strategy and Financial Analysis- Express Scripts - Hybrid position at The Cigna Group remote?

The Risk & Underwriting Senior Advisor- Strategy and Financial Analysis- Express Scripts - Hybrid position at The Cigna Group is based in Bloomfield, Connecticut, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Risk & Underwriting Senior Advisor- Strategy and Financial Analysis- Express Scripts - Hybrid position at The Cigna Group?

You can apply for the Risk & Underwriting Senior Advisor- Strategy and Financial Analysis- Express Scripts - Hybrid position at The Cigna Group directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about The Cigna Group on their website.