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Pharmacy Underwriting Analyst
Location
Iowa + 1 moreAll locations: Iowa | Missouri
Posted
64 days ago
Salary
0
Seniority
Senior
Job Description
Pharmacy Underwriting Analyst
Medone Pharmacy Benefit Solutions
• Use proprietary Underwriting and Pricing Models, Excel, and SQL to model both prospective and existing client pharmacy spend, their underlying drivers of cost, as well as MedOne’s profitability. • Analyze pharmacy claims data and develop reports for operations, sales and other key business units. • Support the financial aspects of PBM Request for Proposals (RFPs), and client market-checks to include coordinating PBM data requests, completing financial evaluation, and completing formulary and network evaluations • Assist with research, recommendations, and implementation of technology changes and reporting to improve accuracy of the Underwriting Model and optimize financial responses to PBM RFP procurement. • Complete formulary and network disruptions to aid in the onboarding process of new clients • Ability to work closely with Subject Matter Experts (such as Clinical, Proposal Services, and Rebates) teams to incorporate their most up to date guidance seamlessly into the Underwriting Model. • Collaborate with other departments in Strategic Pricing business unit on analyses and/or projects • Active participation and/or ownership in both quarterly and annual business unit priorities • Other duties as assigned
Job Requirements
- Bachelor’s Degree in Math, Computer Science, Statistics or IT preferred
- 1-3 years as a functional Data Analyst to include: Data mining, and financial modeling using industry standard tools in similar roles in Pharmacy Benefits Management (PBM), Retail Pharmacy, PBM Consulting, and/or Healthcare experience.
- Ability to translate business requirements to accurate technical specifications, with the end goal of creating optimized business reports that can be easily applied to meet the business use case
- System architecture and enterprise solution understanding.
- Intermediate knowledge of reporting, data analytics, and problem solving using analytical tools such as Excel, SAS, SQL, Power BI, and/or other ad hoc Query Tools
- Relevant experience that demonstrates problem-solving, financial acumen, and ability to understand, analyze and decrypt complex processes.
- Ability to think strategically and proactively
- Time management and prioritization skills.
- Incredible work ethic and energy.
Benefits
- Competitive salary and bonuses that reward your performance.
- Comprehensive health, dental, and vision insurance + additional benefits
- 401(k) with company match to secure your future.
- Generous paid time off and holidays.
- Opportunities for professional growth and development.
- A vibrant and collaborative work culture.
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