[Hiring] Strategic Pharmacy Analyst @RxBenefits, Inc.

Role Description

RxBenefits is hiring! We are adding a Strategic Pharmacy Analyst to our growing Business Development team. The Analyst will work closely with our Business Development team to achieve sales goals. The Analyst may work remotely or in our Birmingham, AL headquarters.

The enhanced Strategic Pharmacy Analyst (SPA) team will expand and deepen the relationship between the Business Development (BD) team, the SPAs, and our Employee Benefit Consultants (EBC). The SPA will be assigned to support two Business Development Executives and their assigned Employee Benefit Consultants. The SPA is responsible for all activities related to supporting the sales process once an analysis is verified to be correct and released.

Job Responsibilities Include:

• Operate as the central project manager for the business on new opportunity prospects, connecting Brokers, BDEs, Implementation, AM, Legal, Pricing and Analytics, Finance, Marketing, Product Team, SLT, and ELT in support of closing new business.
• Manage the life cycle of Financial Analyses, RFPs, Comp Analyses, Patient Assistance Programs (PAP) Reports, and/or additional presentation documents for multiple BD partners and Brokers.
• Lead multiple small teams with RxBenefits BDEs and Financial Analysts to manage each new opportunity project from beginning to closed status.
• Validate differing types of datasets from dozens of medical vendors and PBMs for comprehensive financial and clinical modeling.
• Ensure timely delivery of accurate, group specific Financial Analyses, PAP Reports, Clinical FAES, and/or additional reporting/documentation.
• Be the SME on the repricing process, results, and applicability to our modeling.
• Be the SME on the formulary disruption process, results, and applicability to our modeling.
• Be the SME on hundreds of RxBenefits pricing schemes and their applicability.
• Be the SME on dozens of medical vendor/PBM contracts and their applicability on our modeling.
• Apply knowledge gained from repricing, formulary disruption, contract language, group size, claim utilization, clinical trend, and appropriate pricing scheme to deliver a custom RxBenefits Financial Analysis for every new opportunity prospect.
• Maintain flexibility with constantly changing RxBenefits PBM drug lists and their effects.
• Maintain the resources needed to apply pricing, commission structures, and properly branded reporting for dozens of broker partners.
• Produce ad hoc reporting for BD, Brokers, and various RxBenefits team members using advanced Microsoft Excel skills.
• Become the SME on new RxBenefits Product offerings to communicate impacts on new prospect opportunities.
• Help prepare BDEs for finalist presentations and work with marketing on presentations.
• Become comfortable and ready to present Financial Analyses and associated GTM documents.
• Own and manage the new opportunity SalesForce (SFDC) life cycle from the analyze stage through the coordinated hand-off of closed won groups.
• Employ expert use of SFDC reporting and dashboards to manage new opportunities through the sales pipeline.
• Work with the BD team to update SFDC and key activity metrics for their assigned territories.
• Responsible for transitioning closed won groups into a client record for Account Management (AM) and Implementation.
• Help prepare BDEs for each finalist meeting and work with marketing on presentations when appropriate.

Qualifications

• 3+ years of experience using Excel for data analytics (vlookups, pivot tables, file merging, etc.)
• 2+ years of financial modeling experience.
• Pharmacy industry analytics experience required.
• Four-year college degree from an accredited institution.
• Excellent communication and relationship building skills required.
• Strong analytical and organizational skills required.
• SFDC or Other CRM experience required.

Requirements

• Based on relevant market data and other factors, the anticipated hiring range for this role is $62,400 - $79,000 annually.
• Final compensation rates will be determined based on various factors, including but not limited to experience, skills, knowledge, and internal equity considerations.
• This role is also short-term incentive eligible. Incentive amounts will vary by individual and business goals.

Benefits

• Remote first work environment.
• Choice of a HDHP or PPO Medical plan, with 100% of the premium for the HDHP paid for you and your eligible family members.
• Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance with 100% of premiums paid (for your family too on Dental and Vision).
• Additional buy-up options for Short- and Long-Term Disability and Life Insurance.
• 401(k) with an employer match up to 3.5% available after 60 days.
• Community Service Day to give back and support what you love in your community.
• 10 company holidays including MLK Day, Juneteenth, and the day after Thanksgiving plus a floating holiday.
• Reimbursements for high-speed internet; we’ll send you a computer and monitors.
• Tuition Reimbursement for accredited degree programs.
• Paid New Parent Leave that can be used for adoption or birth.
• Pet insurance to protect your furbabies.
• A robust mental health benefit and EAP service through Spring Health.