Associate Director Network Pricing - Remote

UnitedHealth Group•Eden Prairie, MN

3h•$112,700 - $193,200•Remote

About The Position

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together. OptumRx is looking for a curious, adaptable, and self-motivated analyst to be part of our Network Pricing team. This is an intermediate analytics role where you will learn the business fundamentals of drug pricing and client performance management, the underlying data flows, and the tools and systems used in this type of financial analysis. The person in this role will work with and have regular exposure to analysts and projects in our global data science and network pricing teams. In addition, solid communication skills are important as this role partners with other departments including Underwriting, Legal, Account Management, Operations, and Clinical to effectively oversee client performance management. Supports and validates Provider Network (physicians, hospitals, pharmacies, ancillary facilities, etc.) contracting and unit cost management activities through financial and network pricing modeling, analysis, and reporting. Conducts unit cost and contract valuation analysis in support of network contracting negotiations and unit cost management strategies. Manage unit cost budgets, target setting, performance reporting, and associated financial models

Requirements

8+ years of analytical experience in financial analysis, healthcare pricing, network management, healthcare economics, or related discipline
6+ years of experience in creating and using financial modeling tools, spreadsheets, and information acquisition tools including experience in interpreting and/or displaying financial modeling results to inform actionable decisions
2+ years management experience
Experience interacting with clients and internal leaders
Advanced proficiency in performing financial impact analysis, risk management, and data manipulation
Proficiency in MS Office Suite and Advance Proficiency in Excel
Proven solid written and verbal communication skills
All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy

Nice To Haves

Healthcare or PBM experience
Experience with Azure Databricks or other cloud platforms
Experience interacting with clients and internal leaders
Proficiency with Tableau or other data visualization software
SQL programming with the ability to perform effective and efficient querying involving multiple tables and subqueries
MS Office

Responsibilities

Develop a new health plan pricing offering with collaboration of clients, development teams and finance leadership
Lead and perform financial analysis and modeling as it relates to setting prescription drug prices and managing client and pharmacy financial performance
Concisely summarize and communicate statistical findings and conclusions across key internal and external stakeholders
Set team direction, resolve issues and provides guidance to members of own team
Adapts departmental plans and priorities to address business and operational challenges
Work alongside data scientists and business stakeholders to implement models from end to end, including data ingestion and preparation, analysis, modelling, performance tracking and documentation
Identify potential areas and quantify impact for prescription drug cost improvements and alternative pricing strategies
Weekly communicating and consulting with clients directly
Translate highly complex concepts in ways that can be understood by a variety of audiences and secure buy in to adopt recommendations
Support the development of strategic initiatives aimed at reducing the total cost of care
Predict emerging customer needs and develop innovative solutions to meet them
Partner with other departments including Underwriting, Legal, Operations, Clinical, and Account Management to effectively oversee client performance management