Pharmacy Analyst I - Employee Benefits

Colonial Group; United States; Remote; USD 60,000 - 90,000; Full time

Job summary

Colonial Group is seeking a Health Benefits Consultant to support consulting projects for employer prospects and clients. You will assist with PBM financial modeling and draft client deliverables for review by Senior Pharmacy Consultants.

You will work with senior consultants to develop client strategies, research industry issues, and manage projects and meetings for timely, high-quality outcomes. Strong communication and Excel skills are essential.

Qualifications

• Bachelor’s degree in Health Care or related field.
• 1+ year of experience in actuarial, underwriting, pricing or consulting in Health & Welfare.
• Working knowledge of commercial health insurance industry and financial acumen.

Responsibilities

• Assist with financial modeling of PBM financial proposals.
• Prepare first draft of new business and client deliverables for review by Senior Pharmacy Consultant.
• Work with Senior Pharmacy Consultants and other health benefit consultants to support client strategy development.
• Research issues of concern to large employers in the pharmacy industry, summarize findings for review.
• Manage projects and use appropriate tools to ensure on-time, quality deliverables.
• Schedule and manage weekly/bi-weekly status meetings.
• Collaborate with client teams to improve processes and efficiency.
• Maintain data integrity in agency management system.

Skills

Verbal communication

Written communication

Analytical skills

Organizational skills

Time management

Problem solving

Teamwork

Attention to detail

Excel data analysis

Microsoft Office

Education

Bachelor's degree in Health Care or related industry

1+ year in actuarial/underwriting/pricing/consulting in health care

Knowledge of commercial health insurance industry

Job description

SUMMARY

Responsible for supporting the delivery of consulting projects to our employer prospects and clients.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Assists with financial modeling of Pharmacy Benefit Manager (PBM) financial proposals;
• Prepares first draft of new business and client deliverables for review by the Senior Pharmacy Consultant;
• Works with Senior Pharmacy Consultants and other health benefit consultants to support client strategy development;
• Researches issues of concern to large employers in the pharmacy industry, assimilating information, and developing a written summary for the Senior Pharmacy Consultant to review and refine a point of view;
• Manages projects, using appropriate tools, to ensure projects are being completed on time and with appropriate quality assurance checks;
• Schedules and manages weekly/bi-weekly status meetings;
• Works with client teams to ensure pharmacy practice resources are used appropriately, increasing efficiency by identifying ways to improve processes;
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
• Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

• Bachelor’s degree in Health Care or related industry or equivalent combination of education and experience
• One (1) or more years of experience in an actuarial, underwriting, pricing or consulting role in a Health &Welfare consulting/brokerage firm, PBM or health insurance carrier, or experience in financial analyses of the health care sector gained in a banking/financial services environment
• Working knowledge of commercial health insurance industry and financial acumen

SKILLS

• Excellent verbal and written communication skills
• Strong analytical, organizational and prioritization skills
• Excellent problem solving and time management skills
• Ability to prioritize and handle multiple tasks in a demanding work environment
• Ability to work within a team and to foster teamwork
• Willingness to go the extra mile to produce quality work, as client‑ready as possible, with a fine attention to detail
• Ability to work with large data sets in Excel, Access or other large data manipulation software a plus
• Proficient in Microsoft Office Suite