Federal Plans Reporting and Compliance Analyst

Posted 4 Days Ago
Be an Early Applicant
49 Locations
47K-122K Annually
Junior
Fitness • Healthtech • Retail • Pharmaceutical
The Role
The Federal Plans Reporting and Compliance Analyst supports the FEHB and PSHB programs by ensuring compliance with government policies, monitoring OPM reporting requirements, and managing vendor/client contracts. Responsibilities include coordinating audits, completing proposals, and collaborating with internal and external stakeholders to fulfill deliverables.
Summary Generated by Built In

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.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary

  • This position supports the Federal Employees Health Benefit (FEHB) and Postal Service Health Benefits (PSHB) programs
  • Primary responsibilities will include ensuring compliance with all government policies and requirements, monitoring and completing U.S. Office of Personnel Management (OPM) reporting requirements and other deliverables, and assisting with various vendor and client contracts.   

 

Responsibilities: 

  • Understand and articulate FEHB/PSHB program guidelines and regulations 
  • Assist with completing OPM reporting requirements and deliverables accurately and on time  
  • Work with account team and legal to update and maintain client and vendor contracts/agreements 
  • Support for OPM Office of Inspector General claims audits other inquiries 
  • Assist with annual rate and benefit proposals and OPM brochures  
  • Work internally as well as with OPM and Union/Association clients as needed to gather information and complete deliverables 

Required Qualifications

  • 2-4 years of healthcare insurance experience.
  • Knowledge or experience with government health programs and/or contracts
  • Have or obtain state Health Insurance License. 

Preferred Qualifications

  • FEHB experience and knowledge of OPM and their requirements 
  • Strong attention to detail, organization and project management skills 
  • Strong communication skills  
  • Legal experience and/or background in contracts 

Education

  • Bachelor's degree preferred/specialized training/relevant professional qualification, or equivalent work experience

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $122,400.00

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. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit Benefits | CVS Health

We anticipate the application window for this opening will close on: 02/28/2025

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

The Company
HQ: Woonsocket, RI
119,959 Employees
On-site Workplace
Year Founded: 1963

What We Do

CVS Health is the leading health solutions company that delivers care in ways no one else can. We reach people in more ways and improve the health of communities across America through our local presence, digital channels and our nearly 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners.

Wherever and whenever people need us, we help them with their health – whether that’s managing chronic diseases, staying compliant with their medications, or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day.

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