Senior Analyst, Network Contracting
Due to growth, we are adding a Senior Analyst, Network Contracting to join our team!
The Senior Analyst, Network Contracting will be responsible for the financial management of retail, specialty, and mail order pharmacy contracting, issue management, and reporting, in support of the network strategy to deliver value to Navitus clients. The primary responsibilities of this role are to analyze current and new pharmacy contracts and provide support for all phases of the pharmacy contracting process, including national and regional chain providers, pharmacy services administration organizations (PSAOs) and independent pharmacies for all lines of business.
Is this you? Find out more below!
Responsibilities
How do I make an impact on my team?
- Support the network contracting management division by preparing contracting and strategy analytics, including new contracts and contract renewals
- Assist with preparation and attend meetings with strategic pharmacy partners
- Plan, design, and deploy appropriate reports, tools, and / or applications
- Provide support with pharmacy data and topic preparation for industry conferences, including scheduling
- Prepare analyses covering provider agreements, 340B opportunities, mail order, discount card, specialty, and any related needs
- Collaborate with Contract Managers, Finance, Pharmacy Informatics, Legal and other internal business divisions to make recommendations to financial models and assist with the development of financial contract solutions
- Prepare forward-looking network analytics, ensuring alignment of planned actions and targets in the forecast
- Support network management leaders in the development and analytical review of quarterly forecasting, annual planning, and multi-year contracting development and multi-year financial modeling
- Advise 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 performance.
- Support pharmacy contract negotiations by monitoring and delivering impact analysis of suggested pricing revisions
- Other duties as assigned
Qualifications
What our team expects from you?
Bachelor's degree in finance, accounting, business, actuarial science or related field is preferredMinimum three years of database management experienceExperience in business, finance, or analyticsMinimum three years experience in Retail Pharmacy and / or Pharmacy Benefit Management (PBM) or Managed CareExperience with Pharmacy Benefit Management (PBM), contracting and pharmacy industry / technical terms, pricing and processesExperience with CMS, Medicare, and state Medicaid regulations and guidance preferredKnowledge of health care processes and pharmaceutical claims adjudication systems preferredParticipate in, adhere to, and support compliance program objectivesThe ability to consistently interact cooperatively and respectfully with other employeesWhat can you expect from Navitus?
Top 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!Remote
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