Navitus Health Solutions

Network Contracting Analyst

Navitus Health Solutions

full-time

Posted on:

Location Type: Remote

Location: Remote • Idaho • 🇺🇸 United States

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Salary

💰 $52,656 - $62,686 per year

Job Level

Junior

About the role

  • Support the network contracting management division by preparing contracting and strategy analytics, including new contracts and contract renewals
  • Prepare analyses covering provider agreements, 340B opportunities, mail order, discount card, specialty, and any related needs
  • Complete complex analysis to monitor the value of contracts and strategic initiatives of Navitus
  • Prepare forward-looking network analytics, ensuring alignment of planned actions and targets in the forecast
  • Proactively monitor industry trends including acquisition cost, competitive intel, and innovative program offerings
  • 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
  • Support the development of work plans to meet provider and client business priorities and deadlines; collaborating cross-functionally to make effective business decisions; escalating high priority issues and risks as appropriate; and recognizing and capitalizing on network management improvement opportunities
  • Interface with the Pharmacy Network Analytics team to communicate updated network pricing and network design changes
  • Other duties as assigned

Requirements

  • Bachelor’s degree in finance, accounting, business, actuarial science or related field is preferred
  • At least one year of database management experience
  • Experience in business, finance, or analytics
  • Experience in Retail Pharmacy and/or Pharmacy Benefit Management (PBM) or Managed Care preferred
  • Familiarity with the Pharmacy Benefit Management (PBM), contracting and pharmacy industry/technical terms, pricing and processes preferred
  • Experience with CMS, Medicare, and state Medicaid regulations and guidance preferred
  • Knowledge of health care processes and pharmaceutical claims adjudication systems preferred
  • Participate in, adhere to, and support compliance program objectives
  • The ability to consistently interact cooperatively and respectfully with other employees.
Benefits
  • Top of the industry benefits for Health, Dental, and Vision insurance
  • 20 days paid time off
  • 4 weeks paid parental leave
  • 9 paid holidays
  • 401K company match of up to 5% - No vesting requirement
  • Adoption Assistance Program
  • Flexible Spending Account
  • Educational Assistance Plan and Professional Membership assistance
  • Referral Bonus Program – up to $750!

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
database managementfinancial modelingcontract analysisforecastinganalyticspricing analysiscontract negotiationsprovider agreementspharmaceutical claims adjudicationstrategic fiscal analysis
Soft skills
collaborationcommunicationconsultingproblem-solvinginterpersonal skillsorganizational skillsanalytical thinkingproactive monitoringcross-functional teamworkrespectful interaction
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