PBM Pricing Strategy Analyst Senior

Anticipated End Date:

Position Title:

PBM Pricing Strategy Analyst Senior

Job Description:

Pharmacy Benefit Management Pricing Strategy Analyst Senior

Location:

This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Pharmacy Benefit Management Pricing Strategy Analyst Senior will be responsible for pharmacy underwriting pricing initiatives for self-funded national accounts.

A proud member of the Elevance Health family of companies, Carelon Rx (formerly Ingenio Rx) leverages the power of new technologies and a strong, clinical-first lens, to deliver member-centered, lasting pharmacy care.

How you will make an impact:

* Implements new processes, process improvements, and best practices related to guarantee monitoring and ASO pass back activities.

* Creates and implements metrics and supports performance measures to establish performance objectives for revenue maximization.

* Creates tools and processes to monitor margin revenue and client retention.

* Monitors revenue performing below thresholds and implements necessary tasks to bring performance to or above targets.

* Implements pricing in the system related to margin.

* Supports the Pharmacy Services team in implementing future revenue, member expansion and growth capacity.

Minimum Requirements:

Requires a BA/BS in Finance or related field and a minimum of 3 years of experience with Pharmacy Benefits Manager (PBM), data analysis; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences:

* Intermediate Excel experience and analytical skills strongly preferred.

* Pharmacy underwriting/PBM experience strongly preferred.

* Excellent verbal and written communication skills preferred.

For candidates working in person or virtually in the below locations, the salary
* range for this specific position is $86,064 to $134,946

Location(s):
Illinois;
Massachusetts;
Minnesota;
New Jersey

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education, and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations.

No amount is wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Job Level:

Non-Management Exempt

Workshift:

Job Family:

AFA  Financial Operations

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our…