Financial Analyst Sr Advisor - Express Scripts- Hybrid
About The Position
The Senior Advisor, Strategy & Financial Analysis partners with Supply Chain teams and cross-functional stakeholders to develop client-specific rebate modeling optimizations for market checks and renewals, including standard and custom formularies. The role works with teams such as Rebate Analytics, Formulary Consulting, Rebate New Sales and Prospects Modeling, Negotiations, Sales & Account Management, and Underwriting. The Sr. Advisor works with leadership to identify and implement modeling and process improvements in rebate and Supply Chain areas. The role is an internally recognized rebate modeling subject matter expert and collaborates with clinical senior advisor peers. It evaluates client data, creates scenarios, provides modeling guidance, mentors colleagues, and supports leadership reviews and Pricing Committee discussions. The anticipated annual salary is $109,200–$182,000, depending on relevant factors including experience and geographic location. The role is anticipated to be eligible for an annual bonus plan. The position is described as hybrid. If working from home occasionally or permanently, a cable broadband or fiber optic internet connection with speeds of at least 10 Mbps download and 5 Mbps upload is required.
Requirements
- Bachelor’s degree in Finance, Healthcare, or a related area.
- Strong leadership, organizational, attention-to-detail, and analytical skills.
- Excellent PC skills, including Excel, PowerPoint, and MS Access, and database experience.
- Financial modeling experience.
- Ability to work in a fast-paced, ever-changing environment.
- Excellent relationship-building and cross-functional skills.
Nice To Haves
- MBA.
- Clinical experience.
- Five or more years of relevant work experience.
- Familiarity with pharmaceutical rebate contracts.
Responsibilities
- Collaborate with Sales & Account Management and Underwriting teams to understand clients’ financial positions, rebate approaches, and strategic options for market checks and renewals.
- Develop and propose strategic rebate optimization opportunities, including assessment of their long-term benefits and challenges.
- Mentor Advisors and Lead Analysts to support department training needs.
- Review key and complex client rebate models and translate their components and assumptions into concise, understandable information for leadership reviews and Pricing Committee.
- Evaluate client data, create scenarios, and provide expert modeling and guidance for existing clients in alignment with department objectives and value creation for clients and Express Scripts.
- Work with Clinical Account Executives to assess utilization management programs under evaluation and ensure program modeling and requirements align with pharmaceutical rebate contracts.
- Partner with clinical senior advisor peers to analyze the financial impact of client-requested formulary changes on clients and Express Scripts.
- Strategize with Express Scripts cross-functional teams, including Account Management, Pricing, Product, Finance, and New Sales.
- Lead interdepartmental calls as needed to discuss rebate invoicing eligibility terms and conditions.
- Lead or assist with documenting best practices and standard operating procedures for rebate modeling teams.
- Optimize work processes for rebate modeling strategies and support achievement of department goals.
- Work on special projects and presentations as needed for rebate modeling teams.
Benefits
- Medical insurance
- Vision insurance
- Dental insurance
- Well-being and behavioral health programs
- 401(k)
- Company-paid life insurance
- Tuition reimbursement
- At least 18 days of paid time off per year
- Paid holidays
- Leaves of absence
- Eligibility to participate in an annual bonus plan
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What This Job Offers
Job Type
Full-time
Career Level
Senior
