Regulatory Analyst Sr - Remote
The Senior Regulatory Analyst is responsible for leading portions of departmental regulatory review and analysis, external audits and accreditation processes, and participates in committee review meetings within the Commercial, Medicare, Medicaid, and Health Insurance Marketplace for the assigned department. This position is responsible for being the primary point of contact for new internal and external business partners with regard to related regulatory activity and quality efforts involving utilization and / or medication therapy management, network management, client delegation agreements and accreditation entities, SOP development and maintenance, and development and maintenance of audit protocols.
Responsibilities
- Participate in Regulatory Review Committee Meetings, Healthcare Reform Meetings, Regulatory Oversight Meetings, CMS User Calls, and Government Programs Compliance Committee Meetings to monitor new regulations and provide necessary updates to these committees
- Monitor national and state healthcare regulation requirements and update appropriate stakeholders of changes or new requirements
- Take the lead on any new business issues and opportunities generated by Government and / or Commercial laws, rules, regulations or guidelines that impact Consumer Delivery
- Ensure successful implementation and execution of regulatory compliance requirements including project leadership and governance; ensure appropriate requirements are in place for new Client and Group implementations
- Establish and maintain engaged relationships with leadership of other functional areas within the corporation (can include Government Programs, Compliance, Healthcare Reform, Legal, Networks, Clinical Operations, Paper Claims, Member Materials, IT, etc.) to ensure effective collaboration, communication, and delivery of required regulations
- Recommend changes to policies and procedures based on regulatory changes
- Liaison with Internal Audit and External Audit teams to represent departments in CMS, Client, mock, and vendor audits
- Review audit feedback, initiate action items related to audit or compliance review findings, and recommend ideas for improvement and summarize action plans
- Other duties as assigned
Minimum Qualifications
Bachelor's degree in business, finance, health services or related area of study, or equivalent combination of education and / or relevant work experience5 years of successful project management and / or operations management experience related to, or within Pharmacy Benefit Management (PBM) or health insuranceMust be eligible to work in the United States without the need for work visa or residency sponsorship
Additional Qualifications
Excellent verbal and written communication skills including interpersonal skills necessary to drive results and deliver on commitmentsProficient at meeting facilitation, conflict management, and consensus buildingProven client service skills with a track record for building strong client relationsAbility to handle multiple projects simultaneously and to work under pressure with strict timelinesProven problem solving and solution crafting skillsDemonstrated critical thinking and analysis skills with the ability to interpret regulations into operational requirementsPreferred Qualifications
2 years Medicare Part D, Medicaid, and / or state or federal regulatory experiencePrior experience giving presentationsProficient in Microsoft Project and VisioExtensive knowledge of CMS regulations and Health CareExperience with regulatory reportingEvery employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures
Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.
Potential pay for this position ranges from $81,000.00 - $138,000.00 based on experience and skills.