[Remote] Analyst, Network Contracting
Note: The job is a remote job and is open to candidates in USA. Navitus Health Solutions is committed to making medications more affordable and is seeking a Network Contracting Analyst. The role involves financial management of pharmacy contracting, analyzing contracts, and supporting negotiations to deliver value to clients.ResponsibilitiesSupport the network contracting management division by preparing contracting and strategy analytics, including new contracts and contract renewalsPrepare analyses covering provider agreements, 340B opportunities, mail order, discount card, specialty, and any related needsComplete complex analysis to monitor the value of contracts and strategic initiatives of NavitusPrepare forward-looking network analytics, ensuring alignment of planned actions and targets in the forecastProactively monitor industry trends including acquisition cost, competitive intel, and innovative program offeringsSupport network management leaders in the development and analytical review of quarterly forecasting, annual planning, and multi-year contracting development and multi-year financial modelingAdvise internal stakeholders on strategic fiscal matters related to pharmacy financial management throughout the organization. Participate in regular meetings with leadership to review financial results and act as an internal consultant on interpreting financial results, analyzing variances and improving contracting performanceSupport pharmacy contract negotiations by monitoring and delivering impact analysis of suggested pricing revisionsSupport the development of work plans to meet provider and client business priorities and deadlines; collaborating cross-functionally to make effective business decisions; escalating high priority issues and risks as appropriate; and recognizing and capitalizing on network management improvement opportunitiesInterface with the Pharmacy Network Analytics team to communicate updated network pricing and network design changesOther duties as assignedSkillsBachelor's degree in finance, accounting, business, actuarial science or related fieldAt least one year of database management experienceExperience in business, finance, or analyticsThe ability to consistently interact cooperatively and respectfully with other employeesExperience in Retail Pharmacy and/or Pharmacy Benefit Management (PBM) or Managed CareFamiliarity with the Pharmacy Benefit Management (PBM), contracting and pharmacy industry/technical terms, pricing and processesExperience with CMS, Medicare, and state Medicaid regulations and guidanceKnowledge of health care processes and pharmaceutical claims adjudication systemsBenefitsTop of the industry benefits for Health, Dental, and Vision insurance20 days paid time off4 weeks paid parental leave9 paid holidays401K company match of up to 5% - No vesting requirementAdoption Assistance ProgramFlexible Spending AccountEducational Assistance Plan and Professional Membership assistanceReferral Bonus Program – up to $750!Company OverviewNavitus Health Solutions LLC is a full service, URAC-accredited pharmacy benefit management company. It was founded in 2003, and is headquartered in Appleton, Wisconsin, USA, with a workforce of 1001-5000 employees. Its website is https://www.navitus.com/.