Mid Level Underwriting Analyst Jobs
Mid level underwriting analyst jobs go to professionals ready to own risk assessments end to end, mentor junior analysts, and deliver recommendations with minimal oversight. Openings run across Insurance, Technology & Software, and Healthcare & Medical Services, with 75% of roles available remotely or in hybrid settings, and employers like Origence, CVS Health, and Sutter Health hiring at this level now.
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Showing 5 of 8+ Mid Level Underwriting Analyst jobs
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
Would you like to join CVS Health, a Fortune 5 company, on our multifaceted Pharmacy Benefits Management (PBM) Underwriting team? In this high-level individual contributor role, you will utilize your business, industry, competitive, client, and technical knowledge to formulate pricing strategy and to execute financial modeling of comprehensive pricing offers that include retail network, mail order, specialty, and pharmaceutical manufacturer rebates for PBM client contracts.
Additional responsibilities to include but not limited to the following:
- Collaborating with PBM Sales and Account Services to provide recommendations on pricing and negotiation strategy to achieve revenue and profitability targets for new business growth and margin retention; and
- Applying advanced Excel modeling techniques to analyze large sets of pharmacy claims data and build forward looking financial forecasts and profit and loss (P&L) statements; and
- Presenting financial analyses to Executive Leadership during Executive Underwriting Approval Calls and responding to financial questions in real-time; and
- Supporting Underwriting Managers and Sr. Managers with ad-hoc financial analyses and client implementation projects.
Your success will be determined by your ability to communicate client pricing to internal and external partners in support of accurate pricing implementation and to minimize service warranties and performance guarantee payouts. You will need to execute and implement constantly evolving pricing strategies in response to market dynamics to provide competitive, profitable, and attractive pricing offers. You will have a measurable impact in this role, by helping CVS Health, and our clients win, in a competitive marketplace.
Required Qualifications
- 4 or more years’ financial analysis, pricing, or corporate underwriting experience required
- Proficient in Microsoft Excel in complex data analysis
Preferred Qualifications
- Basic knowledge of PBM finance
- Experience managing complex projects over 3-12 months in a matrix environment
- Ability to interact with others in a professional manner and help foster teamwork and knowledge sharing to complete key tasks
- Advanced Excel modelling
- Strong organizational, multi-tasking, and follow up skills.
- Strong presentation and communication skills with experience presenting to various business groups
- Master's Degree
EDUCATION:
Bachelor’s Degree preferably in Finance, Mathematics, Economics, or related field; or equivalent work experience may be considered
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$46,988.00 - $122,400.00This 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.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
Additional details about available benefits are provided during the application process and on Benefits Moments.
We anticipate the application window for this opening will close on: 08/21/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
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
Would you like to join CVS Health, a Fortune 5 company, on our multifaceted Pharmacy Benefits Management (PBM) Underwriting team? In this high-level individual contributor role, you will utilize your business, industry, competitive, client, and technical knowledge to formulate pricing strategy and to execute financial modeling of comprehensive pricing offers that include retail network, mail order, specialty, and pharmaceutical manufacturer rebates for PBM client contracts.
Additional responsibilities to include but not limited to the following:
- Collaborating with PBM Sales and Account Services to provide recommendations on pricing and negotiation strategy to achieve revenue and profitability targets for new business growth and margin retention; and
- Applying advanced Excel modeling techniques to analyze large sets of pharmacy claims data and build forward looking financial forecasts and profit and loss (P&L) statements; and
- Presenting financial analyses to Executive Leadership during Executive Underwriting Approval Calls and responding to financial questions in real-time; and
- Supporting Underwriting Managers and Sr. Managers with ad-hoc financial analyses and client implementation projects.
Your success will be determined by your ability to communicate client pricing to internal and external partners in support of accurate pricing implementation and to minimize service warranties and performance guarantee payouts. You will need to execute and implement constantly evolving pricing strategies in response to market dynamics to provide competitive, profitable, and attractive pricing offers. You will have a measurable impact in this role, by helping CVS Health, and our clients win, in a competitive marketplace.
Required Qualifications
- 4 or more years’ financial analysis, pricing, or corporate underwriting experience required
- Proficient in Microsoft Excel in complex data analysis
Preferred Qualifications
- Basic knowledge of PBM finance
- Experience managing complex projects over 3-12 months in a matrix environment
- Ability to interact with others in a professional manner and help foster teamwork and knowledge sharing to complete key tasks
- Advanced Excel modelling
- Strong organizational, multi-tasking, and follow up skills.
- Strong presentation and communication skills with experience presenting to various business groups
- Master's Degree
EDUCATION:
Bachelor’s Degree preferably in Finance, Mathematics, Economics, or related field; or equivalent work experience may be considered
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$46,988.00 - $122,400.00This 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.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
Additional details about available benefits are provided during the application process and on Benefits Moments.
We anticipate the application window for this opening will close on: 08/21/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
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Mid Level Underwriting Analyst Jobs: Frequently Asked Questions
How do I get a mid level underwriting analyst job?
Position yourself by emphasizing ownership, not just participation. Highlight files or accounts you managed independently, decisions you made under limited supervision, and any process improvements you drove. Tailor your resume to show deepening specialization in a product line such as commercial lines, personal lines, or specialty risk. Recruiters at this level want evidence you can take a submission from intake to bind without hand-holding.
Which companies hire mid level underwriting analysts?
Companies hiring mid level underwriting analysts right now include Origence, CVS Health, and Sutter Health, based on current listings on Migrate Mate as of August 2026. Hiring at this level comes from regional and national insurers, reinsurance firms, managing general agents, and corporate risk departments that need analysts who can work independently on complex accounts.
Are there remote mid level underwriting analyst jobs?
Yes, though availability varies by employer and product line. About 75% of mid level underwriting analyst openings are remote or hybrid as of August 2026, making this a more flexible field than many finance-adjacent roles. Carriers with distributed teams and MGAs tend to post the highest share of fully remote positions at this experience level.
How do I move up to a mid level underwriting analyst role?
Getting from entry level to mid level requires building a record of independent decision-making on increasingly complex risks. Over your first few years, focus on mastering your product line's rating tools and policy forms, taking ownership of smaller accounts without escalation, and documenting measurable outcomes such as loss ratio improvements or submission turnaround gains. Adding a professional designation like CPCU or AU signals commitment and accelerates the transition.
Which industries hire the most mid level underwriting analysts?
Mid Level underwriting analyst roles concentrate in Insurance, Technology & Software, and Healthcare & Medical Services, based on current listings on Migrate Mate as of August 2026. Those sectors drive hiring because they carry large, complex, or high-volume risk portfolios that require analysts with enough experience to assess exposures independently and support underwriting officers on non-standard submissions.