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Senior Analyst, Network Contracting
Navitus Health SolutionsSenior Analyst, Network Contracting at Navitus focused on financial management and strategy analytics in pharmacy contracting. Collaborating with cross-functional teams to enhance operational and financial performance.
About the role
Key responsibilities & impact- Support the network contracting management division by preparing contracting and strategy analytics, including new contracts and contract renewals
- Assist with preparation and attend meetings with strategic pharmacy partners
- Plan, design, and deploy appropriate reports, tools, and/or applications
- Provide support with pharmacy data and topic preparation for industry conferences, including scheduling
- Prepare analyses covering provider agreements, 340B opportunities, mail order, discount card, specialty, and any related needs
- Collaborate with Contract Managers, Finance, Pharmacy Informatics, Legal and other internal business divisions to make recommendations to financial models and assist with the development of financial contract solutions
- Prepare forward-looking network analytics, ensuring alignment of planned actions and targets in the forecast
- 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
- Other duties as assigned
Requirements
What you’ll need- Bachelor’s degree in finance, accounting, business, actuarial science or related field is preferred
- Minimum three years of database management experience
- Experience in business, finance, or analytics
- Minimum three years experience in Retail Pharmacy and/or Pharmacy Benefit Management (PBM) or Managed Care preferred
- Experience with Pharmacy Benefit Management (PBM), contracting and pharmacy industry/technical terms, pricing and processes
- 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
Comp & perks- 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!
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 ModelingData AnalyticsContract NegotiationPharmacy Claims AdjudicationForecasting
Soft Skills
Collaborative CommunicationInterpersonal Skills