Analyst, Pricing and Underwriting
Company
Navitus
About Us
Navitus - Putting People First in Pharmacy - Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other._____________________________________________________________________________________________________________________________________________________________________________________________________________. Current associates must use SSO login option at https://employees-navitus.icims.com/ to be considered for internal opportunities. ____________________________________________________We are committed to providing equal employment opportunity to all applicants and employees and comply with all applicable nondiscrimination regulations, including those related to protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or handicap.
Pay Range
USD $60,214.30 - USD $72,547.34 /Yr.
STAR Bonus % (At Risk Maximum)
5.00 - Salaried Non-Management except pharmacists
Work Schedule Description (e.g. M-F 8am to 5pm)
M-F 8am to 5pm
Remote Work Notification
ATTENTION: Navitus is unable to offer remote work to residents of Alaska, Hawaii, Maine, Mississippi, New Hampshire, New Mexico, North Dakota, Rhode Island, South Carolina, South Dakota, West Virginia, and Wyoming.
Overview
Due to growth, we are adding a Analyst, Pricing and Underwriting to our team.
The Analyst, Pricing and Underwriting is responsible for supporting the Pricing and Underwriting team with financial price modeling of provider networks, manufacturer rebates, cost of risk, and client administrative fees. The Analyst will support the growth team with client proposals and will be responsible for performing an array of analyses and creating reports that facilitate critical business decisions. The objective is to utilize and harness data in an effective manner to best serve our clients, promote our business model, and support client growth.
The Analyst evaluates agreements with various stakeholders via financial price trend modeling, analysis, and reporting. The position’s primary responsibility is to incorporate provider reimbursement data, client or prospective client pharmaceutical claims information, geographical data, network access, manufacturer rebate performance, allocated expenses, and other information to establish client pricing and other reports in support of Navitus sales and client retention.
Is this you? Find out more below!
Responsibilities
How do I make an impact on my team?
Maintain and enhance sales support mechanisms for prospective clients
Calculate risk of pricing metrics and value derived from the relationship with the client
Review, pro-actively identify, and support implementation of opportunities for rebate, pricing, and discount performance improvement via analysis
Research external and internal pricing trends and forecasts to contribute to overall pricing strategy
Maintain databases to support business decisions and inform responses to client or prospective client requests
Track and report client performance impacts of relevant programs. (e.g. Savings Connect)
Monitoring of forecasted results as they compare to actuals
Identify opportunities for client savings or program enhancements
Perform analyses as requested by internal and external business owners, or in support of identified business objectives
Develop an understanding of contractual terms and performance to assist in development of program strategies, pricing decisions, and contract language
Perform quality assurance to ensure accuracy of pricing and processes
Other duties as assigned
Qualifications
What our team expects from you?
Bachelor's degree required. Emphasis in business, economics, mathematics, or actuarial science preferred. Recent college graduates are encouraged to apply.
Relevant experience with business, statistics, and analytical programs desired
PBM, managed care, business, statistics, or analytical programs experience is a plus
Participate in, adhere to, and support compliance program objectives
The ability to consistently interact cooperatively and respectfully with other employees
What can you expect from Navitus?
Top of the industry benefits for Health, Dental, and Vision insurance
20 days paid time off
4 weeks paid parental leave
9 paid holidays
401K company match of up to 5% - No vesting requirement
Adoption Assistance Program
Flexible Spending Account
Educational Assistance Plan and Professional Membership assistance
Referral Bonus Program – up to $750!
#LI-Remote
Location : Address
Remote
Location : Country
US
Apply To This Job
Navitus
About Us
Navitus - Putting People First in Pharmacy - Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other._____________________________________________________________________________________________________________________________________________________________________________________________________________. Current associates must use SSO login option at https://employees-navitus.icims.com/ to be considered for internal opportunities. ____________________________________________________We are committed to providing equal employment opportunity to all applicants and employees and comply with all applicable nondiscrimination regulations, including those related to protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or handicap.
Pay Range
USD $60,214.30 - USD $72,547.34 /Yr.
STAR Bonus % (At Risk Maximum)
5.00 - Salaried Non-Management except pharmacists
Work Schedule Description (e.g. M-F 8am to 5pm)
M-F 8am to 5pm
Remote Work Notification
ATTENTION: Navitus is unable to offer remote work to residents of Alaska, Hawaii, Maine, Mississippi, New Hampshire, New Mexico, North Dakota, Rhode Island, South Carolina, South Dakota, West Virginia, and Wyoming.
Overview
Due to growth, we are adding a Analyst, Pricing and Underwriting to our team.
The Analyst, Pricing and Underwriting is responsible for supporting the Pricing and Underwriting team with financial price modeling of provider networks, manufacturer rebates, cost of risk, and client administrative fees. The Analyst will support the growth team with client proposals and will be responsible for performing an array of analyses and creating reports that facilitate critical business decisions. The objective is to utilize and harness data in an effective manner to best serve our clients, promote our business model, and support client growth.
The Analyst evaluates agreements with various stakeholders via financial price trend modeling, analysis, and reporting. The position’s primary responsibility is to incorporate provider reimbursement data, client or prospective client pharmaceutical claims information, geographical data, network access, manufacturer rebate performance, allocated expenses, and other information to establish client pricing and other reports in support of Navitus sales and client retention.
Is this you? Find out more below!
Responsibilities
How do I make an impact on my team?
Maintain and enhance sales support mechanisms for prospective clients
Calculate risk of pricing metrics and value derived from the relationship with the client
Review, pro-actively identify, and support implementation of opportunities for rebate, pricing, and discount performance improvement via analysis
Research external and internal pricing trends and forecasts to contribute to overall pricing strategy
Maintain databases to support business decisions and inform responses to client or prospective client requests
Track and report client performance impacts of relevant programs. (e.g. Savings Connect)
Monitoring of forecasted results as they compare to actuals
Identify opportunities for client savings or program enhancements
Perform analyses as requested by internal and external business owners, or in support of identified business objectives
Develop an understanding of contractual terms and performance to assist in development of program strategies, pricing decisions, and contract language
Perform quality assurance to ensure accuracy of pricing and processes
Other duties as assigned
Qualifications
What our team expects from you?
Bachelor's degree required. Emphasis in business, economics, mathematics, or actuarial science preferred. Recent college graduates are encouraged to apply.
Relevant experience with business, statistics, and analytical programs desired
PBM, managed care, business, statistics, or analytical programs experience is a plus
Participate in, adhere to, and support compliance program objectives
The ability to consistently interact cooperatively and respectfully with other employees
What can you expect from Navitus?
Top of the industry benefits for Health, Dental, and Vision insurance
20 days paid time off
4 weeks paid parental leave
9 paid holidays
401K company match of up to 5% - No vesting requirement
Adoption Assistance Program
Flexible Spending Account
Educational Assistance Plan and Professional Membership assistance
Referral Bonus Program – up to $750!
#LI-Remote
Location : Address
Remote
Location : Country
US
Apply To This Job