Business Analyst - Pricing & Underwriting

Overview:

The Business Analyst will manage the compilation, analysis, and reporting of data for pricing contracts for PBM services and other pharmacy business units. Work cross-functionally with members of Finance, Clinical, Sales/Account Management, and other departments to develop requested reporting, assess impact of client requested changes, and perform ancillary analysis to assist in RFP response. Utilize SQL, Excel, and data visualization tools to aid in quantitative and qualitative analysis, financial modeling, and economic forecasting. Design reports and analyze data which help support a variety of business needs ranging from day to day operations to key business decisions. Work within the Pricing & Underwriting department to create reports and write queries across multiple systems, to interface with and assist multiple business units.

Position Location

This is a remote-based position within the Continental US.

Our Company

Maxor is an industry leading pharmacy care solutions company dedicated to improving patient outcomes and lowering the total cost of care through our clinically integrated pharmacy care solutions.  We help health systems and hospitals strengthen their role as community hubs. Our combined offerings give patients access to vital medicines, treatments, and health services while creating pharmacy value for the system. From filling prescriptions for employees in their own pharmacies to offering access to broader networks and limited distribution drugs, we provide the technology, relationships, and expertise to make it happen.

Our teams help optimize the pharmacy experience for patients, our customers, their employees, and members whether it’s through our customized pharmacy benefit offerings; providing access to prescription medications and therapies through our home delivery and specialty pharmacies; or delivering clinical and financial value with our end-to-end pharmacy management solutions.  With a legacy of exceptional service and deep clinical and pharmacy expertise, Maxor has been a trusted partner enabling pharmacy care since 1926.

Why Join Maxor?

At Maxor, we recognize that our employees are our most valuable assets. We actively seek and retain talented professionals who are mission-driven to improve healthcare outcomes for patients while ensuring their own well-being; finding fulfillment in meaningful work, competitive compensation, comprehensive benefits, diverse and inclusive teams, and limitless career possibilities.  

With a growing workforce of 1,300+ and almost a century of pharmacy experience, we offer the stability of a Fortune 500 company and the energy and innovation of a startup. Our expertise and technology support the entire pharmacy ecosystem, but our impact goes beyond pharmacy services. We enable pharmacy care.

• Create reporting and develop automation for Maxor’s PBM 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, etc.
• Identify, research, and resolve technical problems
• Ensure that the use of business intelligence applications enhances business decision making capabilities.
• Streamline processes and models to drive efficiency and accuracy.
• Provide financial support for prospect contract negotiations and respond to RFP financial requests.
• Assist in developing pricing reports for senior leadership.
• Participate in ad-hoc department and company projects.
• Create reports and write queries across multiple systems, with an emphasis on automation of reporting analyses including repricing, disruptions, etc. Work to develop and create change of benefit reporting and analysis including formulary alteration, copay/benefit design changes, and pricing implications associated with program changes.
• Support functional & organizational initiatives as required.
• Develop, maintain and distribute ad-hoc reports and financial models as needed.
• Promptly report any allegations of impropriety to the Compliance Department
• Comply with Maxor’s Ethical Business Conduct policy and Maxor’s Compliance Program.
• Remain free from exclusion under the OIG and SAMS Medicare/Medicaid lists.
• Complete required training, as assigned, within the established timeframes.

Education:                                            

• Bachelor’s Degree in Finance, Business Analytics, Computer Information Systems, or Economics. Or similarly related degree within data science.

Experience:

• Minimum of 2-4 years’ experience completing complex analytical, financial analysis for PBM services. Minimum of 2 years’ experience using SQL.

Knowledge, Skills, and Abilities:

•  Knowledge 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 methodologies
• Advanced knowledge of Microsoft Excel; experience with VBA programming preferred
• Strong knowledge of SQL, database tables, and structures
• Working knowledge of Business Intelligence/Reporting platforms (such as Crystal Reports, Tableau, Power BI, Alteryx, or SSRS)
• Extensive experience reviewing, analyzing, and assessing complex and unstructured data
• Ability to work on multiple tasks and prioritize deadlines
• Contribute productively and work cohesively with cross-functional teams in operations, sales, account management and finance in fast paced, dynamic environment
• Excellent written and verbal communication skills.
• Strong initiative and ability to manage multiple projects, as well as, strong follow through skills

Must be detail oriented with strong organizational skills

WE OFFER

At Maxor, we foster a diverse and progressive culture that promotes a work-from-home model and a "dress-for-your-day" approach to work attire. Our team-oriented environment encourages collaboration and innovation.  

We offer highly competitive compensation and comprehensive health benefits including:

• Comprehensive mental health and wellbeing resources
• Nationwide 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 premiums
• Company-paid basic life/AD&D, short-term and long-term disability insurance
• Rx, dental, vision, other voluntary benefits, and FSA
• Employer-matched 401k Plan
• Industry-leading PTO plan
• And more!

Apply today at https://www.maxor.com/careers/     

Maxor is an EOE, including disability/vets