Financial Analytics Manager

Brown & Brown, Inc.; United States; Remote; USD 100,000 - 130,000; Full time

Benefits offered by this job

Health Benefits

Financial Benefits

Mental Health Services

Paid Time Off

Job summary

Brown & Brown is seeking a Client Engagement Financial Manager to join the National Pharmacy Team. You will lead financial analytics for PBM contracts, manage RFP and procurement processes, and provide critical financial reporting to clients and internal teams.

The role requires strong Excel skills, 5+ years in pharmacy benefit analytics, and the ability to build dashboards and templates that standardize reporting across teams. A collaboration-focused, proactive mindset is essential.

Qualifications

• Required Bachelor’s degree in business, finance and/or a quantitative field with analytic base
• Minimum of 5 years’ experience in pharmacy benefit analytic consulting, PBM or health plan analytics
• Strong experience in MS Office and MS Excel
• Preferred Knowledge of Pharmacy and Medical data
• Preferred Health plan experience including Medicare Part D/MAPD, Medicaid managed care, Star Ratings adherence measures
• Preferred Ability to build and maintain dashboards in Power BI, Tableau, or Qlik
• Preferred Relational databases and coding (SQL, Python, R)
• Preferred Ability to move recurring deliverables off one-off spreadsheets into templated, repeatable reporting.

Responsibilities

• Use proprietary financial analytic tools, Excel and other ability to learn new tools to dive deeply into client pharmacy spend and underlying drivers of cost
• Assist with the development of methodologies, analytics, and outcomes assessments using output from Remedy’s PharmaLogicTM system
• Manage financial aspects of the internal RFP/procurement and market-check process for clients including data gathering, financial evaluation and PBM contract analysis
• Assist with client presentations and reporting, including evaluation of client utilization and trends
• Help bring pharmacy teams onto shared standards with templated deliverables and consistent analytic method

Skills

Financial modeling

Excel

Analytical thinking

Team collaboration

Proactive

Cross-functional

Attention to detail

Education

Bachelor’s degree in business/finance/quantitative field

Tools

SQL

Python

Power Query

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

The Brown & Brown/Risk Strategies National Pharmacy Team (NPT) is a team of 200+ teammates from across Brown & Brown, including pharmacists, client service representatives, actuaries, analysts, data engineers, developers, care team coordinators and more. The NPT brought together pharmacy specialist resources from many businesses across Brown & Brown organizing our teammates into three distinct teams: Pharmacy Consulting and Analytics Auditing PillarRx Copay Maximization

Our relentless endeavor to obtain the best possible outcome for our clients comes from a belief that PBM contracts should be forthright and transparent. Inefficiencies and rising costs in the U.S. pharmacy industry have a direct impact on people and their health. It’s why plan sponsors strive to provide the best coverage for the best price. It’s also why we are committed to supporting them.

The Role

Brown & Brown is looking for a full-time Client Engagement Financial Manager to join their growing team. Brown & Brown is already an industry leader in prescription drug benefit savings and analytics. You will join a talented team of pharmacists, actuaries, data engineers and experienced pharmacy benefit client engagement managers. You will bring strong industry knowledge and will serve as a trusted business resource to your internal teams and Brown & Brown clients. A successful candidate is a team player who is creative, analytical, organized, detailed oriented, proactive and has strong experience in working in pharmacy benefit analytics. The Client Engagement Financial Manager will work on all aspects of financial products and service delivery including RFP/procurement projects, renewals, market check analysis, and financial analytics & reporting.

Essential Duties and Functions

• Use proprietary financial analytic tools, Excel and other ability to learn new tools to dive deeply into client pharmacy spend and underlying drivers of cost;
• Assist with the development of methodologies, analytics, and outcomes assessments using output from Remedy’s PharmaLogicTM system;
• Manage financial aspects of the internal RFP/procurement and market-check process for clients which includes gathering and analyzing necessary incumbent data, financial evaluation and assessment of PBM RFP responses, and the creation of summary reports, financial analysis and presentations; Actively assist and support PBM contract reviews and PBM contract negotiations; including financial modeling and review of language & terms;
• Assist with client presentations and reporting, including the evaluation of client utilization, trends, biosimilar impact and key findings within the pharmacy benefit;
• Help bring pharmacy teams across Brown & Brown onto shared standards with common definitions, templated deliverables, and consistent analytic method so customers see one approach regardless of which team supports them.

Competencies

• Ability to work with financial models and to develop business logic behind them in Excel
• Quick self-motivated learner who can initiate and drive new projects in anticipation of management and client goals and objectives
• Ability to work in cross-functionality, prioritize, and multi-task;
• Superior critical thinking and analytic skills;
• Ability to think strategically and proactively;
• Ability to thrive in an environment with minimal oversight and lots of responsibility
• Possesses a strong work ethic and takes ownership of client goals and objectives
• Takes initiative and is self-directed;
• Strong teamwork skills, can encourage cooperation among team members;
• Planning/organizing - the individual prioritizes and plans work activities and uses time efficiently. Makes good and timely decisions that propel our company forward;
• The individual adapts to changes in the work environment, manages competing demands and can deal with frequent change, delays or unexpected events;

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

• Required Bachelor’s degree in business, finance and/or a quantitative field with analytic base
• Required Minimum of 5 years’ experience in pharmacy benefit analytic consulting, PBM or health plan analytics
• Required Strong experience in MS Office and MS Excel
• Preferred Knowledge of both Pharmacy and Medical data
• Preferred Health plan experience, including Medicare Part D / MAPD, Medicaid managed care, Star Ratings adherence measures
• Preferred Ability to build and maintain dashboards in Power BI, Tableau, or Qlik
• Preferred Experience with relational databases and coding
• Preferred SQL, Python, R and Power Query proficiency
• Preferred Ability to move recurring deliverables off one-off spreadsheets into templated, repeatable reporting. Standardize metric definitions, document logic and build QA steps into the process

Pay Range

Pay Range $100,000 - $130,000 Annual The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page. The Power To Be Yourself As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater "WE"—never "me." While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers. Brown & Brown and its affiliates maintain an internal recruiting team responsible for filling open roles posted to the public. In certain situations, Brown & Brown may supplement its internal capabilities by engaging external recruiting vendors and employment agencies ("Recruiting Vendors"). Recruiting Vendors are not authorized to submit resumes, share candidate data, or directly or indirectly contact Brown & Brown employees to present candidates for employment opportunities. The only exception applies to Recruiting Vendors with an active Valid Agreement (as defined below) that has been approved by Brown & Brown. In accordance with this policy, and to ensure appropriate authorization for sharing candidate personal information, Brown & Brown will not accept unsolicited resumes from any source other than Authorized Recruiting Vendors with a Valid Agreement in place who have been expressly invited to support a specific role. Any unsolicited resumes, incomplete submissions, or candidate data received through any means (including email or otherwise) will be considered the property of Brown & Brown. Brown & Brown will not pay any placement or related fees for unsolicited submissions or candidate data provided in violation of this policy. Such submissions may be used by Brown & Brown without any obligation to pay fees of any kind to Recruiting Vendors. A Valid Agreement is defined as a written contract signed by an authorized representative of Brown & Brown. In the absence of a Valid Agreement, Brown & Brown assumes no liability under any legal theory, including but not limited to breach of contract, breach of implied contract, tortious interference, quantum meruit, any/or any other contractual or equitable claims in connection with candidates identified through unsolicited submissions made in violation of this policy.