Walgreens

Senior Financial Analyst - Pharmacy Underwriting

Walgreens$100K — $120K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in relevant fields; Master's degree or MBA preferred
  • 1+ years of experience in Finance, Economics, Accounting, or related areas
  • Advanced proficiency in Microsoft Excel, PowerPoint, and Word
  • Experience with SQL, Python, R, or data visualization tools
  • Strong critical thinking and analytical skills with a focus on actionable insights
  • Experience in coaching or developing less-senior team members
  • Prior experience in pharmacy or healthcare-related organizations

Responsibilities

  • Act as subject matter expert on analytical tools and methodologies
  • Utilize data visualization strategies to present insights
  • Evaluate business processes and ROI using statistical methodologies
  • Collaborate with teams to identify variances in payment practices
  • Lead analysis of contract terms against data sources
  • Perform tasks in compliance monitoring and price maintenance
  • Recommend improvements to business model assumptions
  • Work cross-functionally with various departments

Benefits

  • Comprehensive healthcare plans
  • 401(k) retirement plan with company match
  • Paid time off and holiday pay
  • Continued education and career development opportunities
  • Employee discounts and wellness programs
Full Job Description
Job Description

Job Summary:

As a Senior Financial Analyst - Pharmacy Underwriting, you will play a critical role in helping shape strategic pricing and underwriting decisions across the pharmacy business. You'll use advanced financial modeling, data analytics, and business acumen to evaluate complex opportunities, forecast financial outcomes, and provide recommendations that directly influence business performance. You'll work alongside senior leaders and cross-functional business partners, taking complex data and turning it into clear, actionable insights. From developing financial models and scenario analyses to evaluating strategic initiatives and identifying opportunities for profitable growth, you'll have the opportunity to influence decisions that matter.

This role is ideal for an analytical and commercially minded finance professional who enjoys solving complex problems, challenging assumptions, and connecting financial analysis to real-world business decisions. You'll also help advance the team's capabilities by improving analytical tools and processes and mentoring junior analysts.

Job Responsibilities:
  • Acts as subject matter expert and advisor on topic of assigned analytical tools, enterprise data systems and/or analytical methodologies for the team
  • Utilizes innovative data visual presentation strategies to ensure data is conveyed in meaningful and interpretive formats for all audience levels.
  • Uses analytical and/or statistical methodologies and supporting tools for evaluating Company processes, business problems, and/or ROI of products and services.
  • Collaborates with the account teams and contracting to identify and isolate variances resulting from over/under payment practices and factoring these into actual-to-expected results.
  • Leads the utilization of all models and tools used to compare executed contract terms and conditions to parameters included in internal and external data sources. Identifies data source deficiencies among company data and suggests path to resolve.
  • Performs specific tasks identified in the compliance monitoring program to include evaluation of definitions, price increase maintenance and network identification.
  • Recommends improvements to standard model assumptions and multifaceted business problems within the organization. Updates processes, using findings from performance monitoring (For example, adding order logic steps to improve on data matching).
  • Works cross functionally with peers in Sales, Finance, Law, Contract Development, and Contract Operations

External Basic Qualifications

  • Bachelor's Degree and at least 1 year of experience in Finance, Economics, Accounting, Math, Business, Actuarial Science, or Computer Science OR High School Diploma / GED and at least 4 years of experience in Finance, Economics, Accounting, Math, Business, Actuarial Science, or Computer Science.
  • Experience collaborating with internal and external resources to develop strategies and project plans that meet department goals within budget and established timelines.
  • Experience establishing and maintaining key relationships with internal (peers, business partners and leadership) and external (business community, clients and vendors) within a matrix organization to ensure quality standards for service.
  • Experience developing ways of accomplishing goals with little or no supervision, depending upon oneself to resolve issues to ensure completed objectives and determining when escalation of issues is necessary.
  • Experience using time management skills such as prioritizing/organizing and tracking details and meeting deadlines of multiple projects with varying completion dates.
  • Experience in diagnosing, isolating, and resolving complex issues and recommending and implementing strategies to resolve problems.
  • Experience with analyzing and reporting data in order to identify issues, trends, or exceptions to drive improvement of results and find solutions.
  • Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table).
  • Advanced level skill in Microsoft PowerPoint (for example: changing picture styles, customizing animation and/or setting automatic slide timings).
  • Advanced level skill in Microsoft Word (for example: adding developer tab, creating a macro, formatting table style, inserting comments and/or creating a mail merge).
  • Willing to travel up to 10% of the time for business purposes (within state and out of state).


Preferred Qualifications

  • Advanced proficiency in Microsoft Excel, PowerPoint, and Word, with demonstrated experience building complex financial models and analyses.
  • Bachelor's degree in Finance, Economics, Accounting, Mathematics, Business, Actuarial Science, Pharmacoeconomics, or a related quantitative field.
  • Master's degree or MBA preferred.
  • Experience with SQL, Python, R, or other advanced analytical/coding languages.
  • Experience utilizing business intelligence and data visualization tools to analyze data and communicate insights.
  • Strong critical thinking and analytical skills, with the ability to identify trends, anomalies, opportunities, and root causes and translate findings into actionable recommendations.
  • Demonstrated ability to develop financial forecasts, evaluate scenarios, assess business risks and opportunities, and make data-driven recommendations in situations involving ambiguity or incomplete information.
  • Excellent verbal and written communication skills, with the ability to translate complex financial and analytical concepts into clear recommendations for senior leaders and executives.
  • Demonstrated experience coaching, mentoring, or developing less-senior team members.
  • Experience in pharmacy, pharmaceutical, pharmacy benefit management (PBM), healthcare consulting, managed care, or a related healthcare organization.
  • Experience with pharmaceutical or pharmacy pricing, reimbursement, financial modeling, or underwriting.

We will consider employment of qualified applicants with arrest and conviction records.

The Salary below is being provided to promote pay transparency and equal employment opportunities at Walgreens. The actual hourly salary within this range that you will be offered will depend on a variety of factors including geography, skills and abilities, education, experience and other relevant factors. This role will remain open until filled. To review benefits, please click here jobs.walgreens.com/benefits. If you are applying on a job board or unable to click on the link, please copy and paste this URL into your browser jobs.walgreens.com/benefits

About Walgreens

Walgreens is the nation's largest drugstore chain with fiscal 2010 sales of $67 billion. The company operates 7,689 drugstores in all 50 states, the District of Columbia and Puerto Rico. Each day, Walgreens provides nearly 6 million customers the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services, and advice in communities across America. Walgreens scope of pharmacy services includes retail, specialty, infusion, medical facility, and mail service, along with respiratory services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers, and the public sector. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health centers and in-store convenient care clinics, with more than 700 locations throughout the country.

Walgreens Careers

Joining Walgreens means becoming part of a team dedicated to inspiring health and well-being across America. As a cornerstone of the community, Walgreens offers unparalleled job opportunities in the retail and healthcare sectors, making it an ideal place for professional growth and innovation. Work You’ll Do At Walgreens, every position contributes to our mission of delivering premier health solutions while ensuring a diverse and inclusive workplace that fosters growth. Our team members are at the forefront of transforming customer experiences through dedication and expertise. Lead with Innovation and Leadership Embrace the opportunity to lead at Walgreens, where we combine industry expertise with a culture of innovation. Our leadership is committed to nurturing a professional environment where ideas thrive and leadership skills are honed through comprehensive diversity training and leadership development programs. Engage in Meaningful Work Join a team that values hard work and creativity, where your skills will be enhanced through challenging projects and collaborative team efforts. Walgreens is not just about filling prescriptions—it's about offering solutions that promote healthier communities. Explore Career Opportunities Whether you're looking for an entry-level position or a more advanced professional role, Walgreens offers a range of career paths in dynamic business areas. From in-store roles to corporate support, our job opportunities are designed to fit a variety of skills and interests. Internship and Employment Benefits Start your career with a Walgreens internship and gain hands-on experience that paves the way for future employment. Our interns work on real projects that matter, gaining skills that are crucial for future success. Full-time team members enjoy a wealth of benefits, including comprehensive health coverage, retirement plans, and exclusive employee discounts. Invest in Your Career Growth Walgreens is committed to the career development of our employees. We provide resources and training that encourage continuous learning and career advancement. With support for certifications and networking opportunities, team members can expand their professional horizons and achieve their career goals. Stay Connected Join Our Team Discover the diverse range of hiring opportunities at Walgreens by exploring open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players ready to make a significant impact. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work at Walgreens. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at Walgreens. At Walgreens, we are excited to see where your ambition takes you. Join us and be part of a team that is dedicated to shaping the future of health and wellness for everyone.
Learn more about Walgreens
Size
202,000 employees
Market Cap
$32.8 billion
Industry
Net Income
-$696 million
Founded
1901
5 Year Trend
+2.3%
Revenue
$141.5 billion
NASDAQ

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