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Principal Business Analyst – Pricing and Underwriting
Maxor National Pharmacy Services, LLCPrincipal Business Analyst overseeing pricing processes and strategies for VytlOne’s PBM services. Working cross-functionally on financial modeling and market pricing strategies.
Tech Stack
Tools & technologiesSQL
About the role
Key responsibilities & impact- Oversee and implement VytlOne’s pricing strategy for VytlOne’s PBM opportunities.
- Drive 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, etc.
- Research and monitor competitors and industry trends.
- Streamline processes and models to drive efficiency and accuracy.
- Provide financial support for prospect contract negotiations and respond to RFP financial requests.
- Assist in presenting pricing model and strategy to senior leadership.
- Communicate range of pricing scenarios/options to internal stakeholders.
- Lead intradepartmental projects and company projects.
- Work with Sales and Leadership teams in creating pricing and product positioning strategies.
- Lead functional & organizational initiatives as required.
- Develop, maintain and distribute ad-hoc reports and financial models as needed.
Requirements
What you’ll need- Bachelor’s Degree in Accounting, Finance, or Economics.
- Minimum of 8 years’ experience completing complex analytical, financial analysis for PBM services in both traditional and pass through PBM contract models
- 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
- Experience working with many aspects of PBM Underwriting including, but not limited to, Health Systems, Commercial lines of business, Government Programs, and Coalitions
- Advanced knowledge of Microsoft Excel & Word
- Basic SQL proficiency utilizing functions, statements such as SELECT, CASE, or JOIN, and conditional operators
- Extensive PBM industry knowledge required and the ability to be the Underwriting team’s liaison with other departments to manage interdepartmental projects
- Excellent written and verbal communication skills, with presentation experience in front of Senior Leadership
- Must be detail oriented with strong organizational skills.
Benefits
Comp & perks- 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!
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial analysispricing strategyquantitative analysispricing inputscontract negotiationsfinancial modelingSQLMicrosoft ExcelMicrosoft Word
Soft Skills
communication skillsorganizational skillsdetail orientedteam collaborationpresentation skills
Certifications
Bachelor’s Degree in AccountingBachelor’s Degree in FinanceBachelor’s Degree in Economics