Senior Analyst

ProCare Rx • Southfield, MI

7d

About The Position

PRINCIPLE RESPONSIBILITIES include but are not limited to:

Ensuring that the financial analysis on prospective clients is completed
accurately and within appropriate deadlines.
Provide savings analyses to accompany proposals and RFPs
Work closely with the RFP/Proposal team to respond to RFP questions regarding
pricing and analytical questions.
Work with ProCare Rx Account Managers to support contract renewal and
retention efforts.
Provide expertise on valuations of potentials corporate initiatives, creating
client pricing, ROI, and the ability to evaluate opportunities within the
larger scope of the entire company.
Leverage pharmacy and medical claims data to provide actionable and relevant
and timely analytic insight.
Engage with leadership to identify areas where analytics can drive business
value.
Work additional ad hoc projects as assigned.

SKILLS AND REQUIREMENTS:

Bachelor’s degree from a four-year college/university or equivalent work
experience
Prior experience analyzing medical and/or (self-funding / PBM experience a
plus)
Clear and concise communication skills – both written and oral
Strong Microsoft Excel skills
Ability to write and execute SQL queries, QlikView experience is a plus
Proficiency in Microsoft office (Microsoft CRM is a plus)
Ability to work in a team environment
Ability to develop and implement innovative pricing strategies that improve
market competitiveness while maintaining profitability goals
Incorporate the impacts of new products and services, specialty program
offerings, and company initiatives into the financial evaluations and pricing
proposals
Analyze, develop, and validate statistical data
Document, review, and improve quoting and forecasting tools and modeling
Strong understanding of employer/group health benefits from all funding
methodologies (spectrum from fully insured to fully self-funded) and what the
risks/returns are to the group of each funding method.
Proven experience and success in evaluating various types of group health
plans
Strong understanding of ACA, PPACA, and Medicare
Works well in an environment with rapidly changing priorities and quick
deadlines
Demonstrable experience in developing successful pricing methodologies
Ability to respond to all communications effectively and in a timely manner
Flexibility and proven ability to diagnose and resolve issues; strong client
service orientation

PHYSICAL DEMANDS:

Requires sitting, standing, and occasional light lifting

Requirements

• Bachelor’s degree from a four-year college/university or equivalent work experience
• Prior experience analyzing medical and/or (self-funding / PBM experience a plus)
• Clear and concise communication skills – both written and oral
• Strong Microsoft Excel skills
• Ability to write and execute SQL queries, QlikView experience is a plus
• Proficiency in Microsoft office (Microsoft CRM is a plus)
• Ability to work in a team environment
• Ability to develop and implement innovative pricing strategies that improve market competitiveness while maintaining profitability goals
• Incorporate the impacts of new products and services, specialty program offerings, and company initiatives into the financial evaluations and pricing proposals
• Analyze, develop, and validate statistical data
• Document, review, and improve quoting and forecasting tools and modeling
• Strong understanding of employer/group health benefits from all funding methodologies (spectrum from fully insured to fully self-funded) and what the risks/returns are to the group of each funding method.
• Proven experience and success in evaluating various types of group health plans
• Strong understanding of ACA, PPACA, and Medicare
• Works well in an environment with rapidly changing priorities and quick deadlines
• Demonstrable experience in developing successful pricing methodologies
• Ability to respond to all communications effectively and in a timely manner
• Flexibility and proven ability to diagnose and resolve issues; strong client service orientation

Nice To Haves

• Prior experience analyzing medical and/or (self-funding / PBM experience a plus)
• QlikView experience is a plus
• Microsoft CRM is a plus

Responsibilities

• Ensuring that the financial analysis on prospective clients is completed accurately and within appropriate deadlines.
• Provide savings analyses to accompany proposals and RFPs
• Work closely with the RFP/Proposal team to respond to RFP questions regarding pricing and analytical questions.
• Work with ProCare Rx Account Managers to support contract renewal and retention efforts.
• Provide expertise on valuations of potentials corporate initiatives, creating client pricing, ROI, and the ability to evaluate opportunities within the larger scope of the entire company.
• Leverage pharmacy and medical claims data to provide actionable and relevant and timely analytic insight.
• Engage with leadership to identify areas where analytics can drive business value.
• Work additional ad hoc projects as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level