JOB POSTING IS EXPIRED
Junior Pricing Analyst
MedOne Pharmacy Benefit Solutions
1 Positions
ID: 1950841
Posted On 11/14/2023
Job Overview
Company Information
MedOne is a full-service pharmacy benefit manager (PBM) serving clients and members nationwide. With a fully transparent, pass-through model, MedOne helps people conveniently access the most appropriate prescriptions at the most affordable price.
As a Junior Pricing Analyst, you will be a team member that is key in ensuring we win and retain clients, while meeting all pharmacy pricing obligations.
Essential Job Functions
- Review and monitor client and pharmacy contracts and our financial performance against them on an ongoing basis
- Investigate changes or unexpected trends in client or pharmacy performance by analyzing pharmacy claims data and looking for outliers or trends over time
- Collaborate with team members to execute MAC appeals process on a weekly basis
- Develop recurring reports/research processes for discount card line-of-business
- As needed, design pricing models and analyses templates e.g., to hit financial targets, predict the impact of pricing/utilization changes, and/or determine the size of risks/opportunities
- Execute MAC maintenance tasks, audit processes, and uploads; as needed during execution, identify discrepancies, assess risk, and recommend solutions
- Expand and update share the Pricing team’s SQL data environment by adding new and relevant data sources based on evolving business needs
- Conduct ad hoc inquiries in a timely manner by synthesizing disparate data sources to provide clear and actionable information to both internal and external stakeholders
- Continuously engage in process analysis and problem solving to identify opportunities that can be addressed via automation tools and/or applications
Position Requirements
- Bachelor’s Degree in Math, Computer Science, IT, Statistics, Engineering, Finance or Economics or equivalent experience
- 0-2 years of experience in pricing/financial analysis.
- Data mining and/or financial modeling using industry standard tools in similar roles in PBM, Retail Pharmacy, PBM Consulting, and/or Healthcare experience
- Ability to translate business requirements to accurate technical specifications.
- Advanced knowledge of reporting, data analysis, and problem solving using analytical tools such as advanced Excel, Microsoft Access, SAS, SQL, SSRS, Power BI and/or ad hoc Query Tools
Work Hours | Location
- This position can be remote or based out of the Dubuque, IA, corporate office.
- Full-time, salaried position, minimum 40 hours per week.
MedOne is an equal opportunity employer.
Job Offers are contingent on passing a background check and drug screen.