[Remote] Principal Business Analyst - Pricing and Underwriting
Note: The job is a remote job and is open to candidates in USA. VytlOne is the nation’s only independent, fully integrated total pharmacy solutions partner, dedicated to improving healthcare outcomes. The Principal Business Analyst will manage the pricing strategy for PBM services, collaborate across teams, and utilize data analysis to support financial modeling and economic forecasting.ResponsibilitiesOversee and implement VytlOne’s pricing strategy for VytlOne’s PBM opportunitiesDrive full pricing process for traditional and pass through PBM RFP opportunities. Gather, assess and evaluate quantitative elements of a new client and existing client renewal opportunities working in a team environment with the Pricing/Underwriting Management, Pricing Analysts, Sales/Account Management teams, etcResearch and monitor competitors and industry trendsStreamline processes and models to drive efficiency and accuracyProvide financial support for prospect contract negotiations and respond to RFP financial requestsAssist in presenting pricing model and strategy to senior leadershipCommunicate range of pricing scenarios/options to internal stakeholdersLead intradepartmental projects and company projectsWork with Sales and Leadership teams in creating pricing and product positioning strategiesLead functional & organizational initiatives as requiredDevelop, maintain and distribute ad-hoc reports and financial models as neededPromptly report any allegations of impropriety to the Compliance DepartmentComply with VytlOne’s Ethical Business Conduct policy and VytlOne’s Compliance ProgramRemain free from exclusion under the OIG and SAMS Medicare/Medicaid listsComplete required training, as assigned, within the established timeframesMust be able to cope with the mental and emotional stress of the positionMaintain regular attendance in accordance with established policiesPerform other job-related duties as assignedSkillsBachelor's Degree in Accounting, Finance, or EconomicsMinimum of 8 years' experience completing complex analytical, financial analysis for PBM services in both traditional and pass through PBM contract modelsKnowledge of pricing inputs and services mix (plan design, prescription history, retail pharmacy network models, rebate assumptions, specialty, mail pharmacy, brand/generic and more) for contracted PBM services across both traditional and pass through pricing methodologiesExperience working with many aspects of PBM Underwriting including, but not limited to, Health Systems, Commercial lines of business, Government Programs, and CoalitionsAdvanced knowledge of Microsoft Excel & WordBasic SQL proficiency utilizing functions, statements such as SELECT, CASE, or JOIN, and conditional operatorsCan independently manage all aspects of pricing RFPs and renewals with minimal supervision in coordinating with other teams to complete projectsExtensive PBM industry knowledge required and the ability to be the Underwriting team's liaison with other departments to manage interdepartmental projectsAbility to analyze data specific to client opportunity, consider context of company strategies and offer actionable pricing recommendationsExtensive experience reviewing, analyzing and assessing complex and unstructured dataAbility to work on multiple tasks and prioritize deadlinesExperience coordinating deadlines and deliverables across multiple teams to achieve operational changeContribute productively and work cohesively with cross-functional teams in operations, sales, account management and finance in fast paced, dynamic environmentExcellent written and verbal communication skills, with presentation experience in front of Senior LeadershipStrong initiative and ability to manage multiple projects, as well as, strong follow through skillsMust be detail oriented with strong organizational skillsBenefitsEnjoy competitive compensation, a comprehensive health benefits package, and a supportive team environment includingComprehensive mental health and wellbeing resourcesNationwide Blue Cross Blue Shield PPO with employee-friendly plan design, including a $850 individual annual medical deductible and $25 office visit copays, with low biweekly premiumsCompany-paid basic life/AD&D, short-term and long-term disability insuranceRx, dental, vision, other voluntary benefits, and FSAEmployer-matched 401k PlanIndustry-leading PTO planCompany OverviewVytlOne is a pharma company that provides pharmacy-benefit management with specialty pharmacy services to support health systems. It was founded in 1926, and is headquartered in Plano, Texas, USA, with a workforce of 1001-5000 employees. Its website is https://www.vytlone.com.