Pharmacy Financial Analyst

Responsibilities

• Use proprietary financial analytic tools as well as excel 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 our PharmaLogicTM system
• 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 and key findings within the pharmacy benefit
• Manage, mentor and train a team of financial analysts
• Peer review of RFP evaluations
• Manage all project timelines within the financial team to ensure timely completion
• Work with other internal teams to strategize and improve system and process efficiencies
• Assist with the training of all new employees on financial projects and financial evaluations
• Successful Candidate Will Have
• Bachelor's degree in business, finance and/or similar discipline with analytic base
• 2-4 years' experience in Pharmacy Benefit analytic consulting
• Strong experience in MS Office and/or MS Excel
• Knowledge of both Pharmacy and Medical data
• Experience with Tableau or a similar business intelligence package
• Experience in MS access or understanding of relational databases
• Pay Range:
• 109400 - 175000 Annual
• The pay range provided above is made in

Benefits

Additional Information

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. Brown & Brown is looking for a full-time Pharmacy Financial Analyst 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 partner to your internal partners and Brown & Brown customers. A successful candidate is a team player who is creative, organized, detailed oriented, proactive and has strong experience in working in pharmacy benefit analytics. The Pharmacy Financial Analyst will work on all aspects of financial product and service delivery including RFP/procurement projects, renewals, market-check analysis, and financial analytics & reporting.

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