Sr. Analyst, Contract Performance

Navitus Health Solutions, LLC•,

7d•$71,716 - $86,405•Remote

About The Position

Due to growth, we are adding a Sr. Analyst, Contract Performance to our team. The Sr. Analyst, Contract Performance is responsible for providing, gathering, monitoring and reporting on contractual guarantees for Navitus clients. The Sr. Analyst will collaborate with all functional areas to establish the service performance guarantees being offered to prospective and current Navitus clients through the Request for Proposal (RFP) and renewal processes, respectively. An important aspect of this role includes the facilitation and coordination of communication with internal staff and external customers. The Sr. Analyst, Contract Performance will often work closely with the department manager and coordinators to support one another, while also completing other duties independently.

Requirements

College degree or equivalent experience required in the field of business administration, contract management, health care administration or related field and/or a minimum of 4 years of relevant professional experience
Hands-on experience handling multiple projects simultaneously
Ability to manage requirements, maintain deadlines on deliverables, and communicate on an ongoing basis with business partners and internal clients about contract performance issues
Ability to systematically analyze complex problems, draw relevant conclusions and implement appropriate solutions
Participate in, adhere to, and support compliance program objectives
The ability to consistently interact cooperatively and respectfully with other employees

Responsibilities

Prepare monthly finance accrual recommendations for review by Sr. Manager and support leaders as needed for monthly accrual meeting with Finance
Responsible for maintaining and designing team SharePoint site and identifying opportunities for enhancements based on trending of team productivity and accomplishments to help ensure successful completion of team’s work and meeting Navitus’ strategic and business initiatives
Accountable for data quality, completeness and accuracy in team workflow tools, including RFP/renewal deadlines and new client implementations
Accountable for maintenance of frequently used resource documents on team SharePoint site, including performance guarantee library, FAQs, subject matter experts and standard performance guarantee contract exhibit
Guide existing and train new contract performance analysts as well as inspire positive communication within the entire contract performance team to work together to achieve common goals
Assist Contract Performance team with the Request for Proposal (RFP) process process which includes but is not limited to the following: Review RFP requested performance guarantees, Compare to previously requested guarantees for consistency, Present findings to Contract Performance team, Perform outreach for departmental approval of performance guarantees, Consolidate responses and review with Contract Performance team, Deliver RFP response to Proposal team
Upon Client win notification, review service, network and/or rebate guarantees agreed to during the RFP process and notify operational areas
During contract negotiations, analyze contract redlines, perform outreach for departmental approval of any performance guarantee edits and prepare final recommendations
Upon contract execution notification, communicate final contract guarantees to operational areas prior to go-live
Responsible for Performance Guarantee (PG) reporting which includes but is not limited to the following: Monitor the collection of monthly, quarterly and annual service performance guarantee results from process owners, Identify, research and facilitate corrective action for missed guarantees with the process owners and Client Services team and determine penalty payout when applicable, Analyze underperformance in network financial performance reports and notify Pharmacy Networks team to solicit cause and next steps if needed
Assists the Manager with the development, documentation, implementation, and maintenance of performance guarantee data repositories and report writing programs
Prepare PG-related reporting for senior leadership as needed
Schedule, facilitate and document meetings and discussions
Participate as a member of cross functional workgroups, teams, and committees, as assigned
Assist with the creation and maintenance of departmental work instructions
Other duties as assigned