Analyst, Pricing and Underwriting

Navitus Health Solutions, LLC; United States; Remote; USD 58,000 - 71,000; Full time

Job summary

An established industry player is looking for a Pricing and Underwriting Analyst to join their Finance Administration team. This role involves supporting financial price modeling and performing analyses to facilitate critical business decisions. The ideal candidate will leverage data to enhance client proposals and pricing strategies, ensuring the company remains competitive in the market. With a commitment to diversity and creativity, this position offers a collaborative environment where your contributions will directly impact client growth and satisfaction. If you're passionate about analytics and making a difference in healthcare, this opportunity is for you.

Benefits

Health, Dental, and Vision insurance

20 days paid time off

4 weeks paid parental leave

9 paid holidays

401K company match up to 5%

Adoption Assistance Program

Flexible Spending Account

Educational Assistance Plan

Professional Membership assistance

Referral Bonus Program – up to $750

Qualifications

• Bachelor's degree required; emphasis in business, economics, or mathematics preferred.
• Relevant experience with business and analytical programs desired.

Responsibilities

• Support pricing and underwriting with financial modeling and analysis.
• Calculate pricing metrics and identify opportunities for improvement.
• Maintain databases to support business decisions and client requests.

Skills

Analytical Skills

Financial Modeling

Statistical Analysis

Business Acumen

Education

Bachelor's degree in Business, Economics, Mathematics, or Actuarial Science

Tools

Statistical Software

Job description

Company

Navitus

About Us

Navitus - Putting People First in Pharmacy - Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other.

Pay Range

USD $58,460.00 - USD $70,434.00 /Yr.

Work Schedule Description

M-F 8am to 5pm

Remote Work Notification

ATTENTION: Navitus is unable to offer remote work to residents of Alaska, Hawaii, Maine, Mississippi, New Hampshire, New Mexico, Rhode Island, South Carolina, South Dakota, West Virginia, and Wyoming.

Overview

Navitus Health Solutions is seeking an Analyst, Pricing and Underwriting to join our Finance Administration department!

The Analyst, Pricing and Underwriting is responsible for supporting the Pricing and Underwriting team with financial price modeling of provider networks, manufacturer rebates, cost of risk, and client administrative fees. The Analyst will support the growth team with client proposals and will be responsible for performing an array of analyses and creating reports that facilitate critical business decisions. The objective is to utilize and harness data in an effective manner to best serve our clients, promote our business model, and support client growth.

The Analyst evaluates agreements with various stakeholders via financial price trend modeling, analysis, and reporting. The position’s primary responsibility is to incorporate provider reimbursement data, client or prospective client pharmaceutical claims information, geographical data, network access, manufacturer rebate performance, allocated expenses, and other information to establish client pricing and other reports in support of Navitus sales and client retention.

Is this you? Find out more below!

Responsibilities

How do I make an impact on my team?

• Maintain and enhance sales support mechanisms for prospective clients
• Calculate risk of pricing metrics and value derived from the relationship with the client
• Review, pro-actively identify, and support implementation of opportunities for rebate, pricing, and discount performance improvement via analysis
• Research external and internal pricing trends and forecasts to contribute to overall pricing strategy
• Maintain databases to support business decisions and inform responses to client or prospective client requests
• Track and report client performance impacts of relevant programs (e.g. Savings Connect)
• Monitor forecasted results as they compare to actuals
• Identify opportunities for client savings or program enhancements
• Perform analyses as requested by internal and external business owners, or in support of identified business objectives
• Develop an understanding of contractual terms and performance to assist in development of program strategies, pricing decisions, and contract language
• Perform quality assurance to ensure accuracy of pricing and processes
• Other duties as assigned

Qualifications

What our team expects from you?

• Bachelor's degree required. Emphasis in business, economics, mathematics, or actuarial science preferred. Recent college graduates are encouraged to apply.
• Relevant experience with business, statistics, and analytical programs desired
• PBM, managed care, business, statistics, or analytical programs experience is a plus
• Participate in, adhere to, and support compliance program objectives
• The ability to consistently interact cooperatively and respectfully with other employees

What can you expect from Navitus?

• 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!

#LI-Remote

Location : Address

Remote

Location : Country

US