Senior Decision Scientist - Utilization Management

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.

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.

The Analyst, Medical Cost Analytics / Utilization Management role will use analytics to evaluate scenarios and make predictions on future outcomes to solve highly complex business problems and support decision making. The Analyst will be regarded as a specialist, analyzing large data sets in real‑time databases and developing mathematical approaches to save medical costs. This role will share ideas and drive initiatives for medical cost savings.

• Consulting on the creation of analytics solutions that effectively weigh business and technical tradeoffs using an advanced understanding of business strategy as well as relevant big data environment topics.
• Translating business needs into analytics projects and actions.
• Collaborating with business partners to understand their problems and goals, performing statistical analysis, developing data reports and performance metrics.
• Consulting with internal clients to identify opportunities to implement data science solutions to business problems.
• Structuring data analysis, driving analytics insights and analytical solutions to help data scientists determine the best analytical solution.
• Understanding key drivers of business value.
• Translating business problems into analytical solutions by knowing appropriate models to suggest to data scientists.
• Presenting recommendations to senior staff and internal clients.

• 5+ years' experience consulting with internal clients, identifying opportunities to implement data science and analytics solutions to make a business impact
• 4+ years' experience using SQL to extract, manipulate and analyze large datasets
• 3+ years experience working in Healthcare industry, with Healthcare data
• 3+ years' experience in strategic consulting or on strategy teams in a large company, providing actionable insights and recommendations to senior leaders and stakeholders to support strategic decision making
• 3+ years' experience with the Microsoft Office Suite including MS Excel and Power Point
• 2+ years' experience identifying trends and opportunities for cost savings initiatives and evaluating the effectiveness of programs
• 2+ year experience communicating and presenting complex data findings to a variety of stakeholders
• 2+ year experience organizing and managing multiple projects simultaneously

• Collaborative with a growth mindset and excellent interpersonal skills
• Demonstrated ability to communicate technical concepts and implications to business partners
• Knowledge of healthcare industry trends and regulatory changes
• Demonstrated proficiency in most areas of mathematical analysis methods, machine learning, statistical analyses, and predictive modeling and in‑depth specialization in some areas
• Anticipates and prevents problems and roadblocks before they occur

• Bachelor's degree in Finance, Economics, Medical Economics, Math, Actuarial Science, Data Science or related field required
• Master's degree in quantitative field or MBA strongly preferred

Anticipated Weekly

Hours:

40

Time Type:
Full time

The Typical Pay Range For This Role Is: $ - $. 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…