Analyst II, Pricing and Underwriting- Hybrid
About The Position
Navitus Health Solutions is seeking a Pricing and Underwriting Analyst II to join our Lumicera Specialty Pharmacy team! This is a hybrid position in Madison WI! The Analyst II, Pricing and Underwriting is responsible for supporting the Pricing and Underwriting team with financial price modeling of provider networks, manufacturer rebates, cost of risk, and client administrative fees. The Analyst II will support the growth team with client proposals and will be responsible for performing an array of analyses and creating reports that facilitate critical business decisions. In addition, the Analyst II will perform supply chain modeling, analytics and contract analysis. The objective is to utilize and harness data in an effective manner to best serve our clients, promote our business model, and support client growth. This position will communicate and work cross functionally with other internal and external partners including, clients, consultants, vendors, and internal department teams to support cohesive and comprehensive responses to client proposals. Is this you? Find out more below!
Requirements
- Bachelor's degree required. Emphasis in Business, Economics, Mathematics, or Actuarial Science preferred.
- 2 years relevant experience with PBM, Pharmacy, managed care, business, statistics, or analytical programs required.
- Participate in, adhere to, and support compliance program objectives.
- The ability to consistently interact cooperatively and respectfully with other employees.
Responsibilities
- Maintain and enhance sales support mechanisms for prospective clients.
- Calculate risk of pricing metrics and value derived from the relationship with the client.
- Monitoring and reporting on client-specific network performance, service metrics and supply chain procurement.
- Review, pro-actively identify, and support implementation of opportunities for rebate, pricing, and discount performance improvement via analysis.
- Research external and internal pricing trends and forecasts to contribute to overall pricing strategy.
- Develop and maintain databases to support business decisions and inform responses to client or prospective client requests.
- Track and report client performance impacts of relevant programs.
- Support development of other Analysts with training opportunities.
- Identify opportunities for client savings or program enhancements.
- Perform analyses as requested by internal and external business owners, or in support of identified business objectives.
- Demonstrate understanding of contractual terms and performance to assist in development of program strategies, pricing decisions, and contract language.
- Perform quality assurance to ensure accuracy of pricing and processes.
- Other duties as assigned.
Benefits
- Top of the industry benefits for Health, Dental, and Vision insurance
- 20 days paid time off
- 4 weeks paid parental leave
- 9 paid holidays
- 401K company match of up to 5% - No vesting requirement
- Adoption Assistance Program
- Flexible Spending Account
- Educational Assistance Plan and Professional Membership assistance
- Referral Bonus Program – up to $750!
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
501-1,000 employees
