At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.
Job Posting TitlePharmacy Trade Relations Analyst Sr - RemoteJob DescriptionThe Senior Trade Relations Analyst is responsible for performing multifaceted financial analyses to assess manufacturer contract performance, plan performance and to develop rebate estimates related to pharmaceutical rebate agreements. This position is also responsible for developing recommendations based on financial analysis results.Responsibilities
- Assist the contract negotiators in providing financial analyses of manufacturer rebate proposals and operations including sensitivity analyses, competitive offer assessments, performance tracking and scenario building
- Research, compile, and analyze rebate pricing and trending data for client facing documents
- Lead the completion of RFP documents relating to the Trade Relations Department which includes financial analysis, formulary comparisons, suggested net cost improvements, and responding to inquiries
- Assist in new analyst training, creation of training documentation and new procedures
- Create new queries using SASEG including multiple table joins, understanding of table structures, creation of detailed lengthy formulas, basic understanding of SAS code
- Represent the Trade Relations department at client Pharmacy and Therapeutic Review meetings and participate in corporate strategy and client net cost discussions
- Assist in developing efficient and accurate financial contract assessment tools, leading the design and implementation of additional reporting support tools, and the proactive investigation of a wide variety of manufacturer issues and opportunities
- Lead the creation of non-financial tools and analyses to support the development of manufacturer relationships which includes proactive marketplace assessments, exploration of internal support requirements to implement contractual agreements, and the tracking of formulary status decisions
- Other duties as assigned
Minimum Qualifications
- Bachelor's degree in Business or related area of study, or equivalent combination of education and/or related work experience; HS diploma or GED is required
- 5 years of work experience in contracts, finance and/or healthcare
- Must be eligible to work in the United States without need for work visa or residency sponsorship
Must be eligible to work in the United States without the need for work visa or residency sponsorship
Additional Qualifications
- Advanced proficiency in Microsoft products including Access, Excel and Word
- Strong analytical skills
Preferred Qualifications
- Extensive experience using analytic tools, and familiarity with SAS EG
Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures
Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.
Potential pay for this position ranges from $81,000.00 - $138,000.00 based on experience and skills.To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).
Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.
We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.
Prime Therapeutics LLC is a Tobacco-Free Workplace employer.
Positions will be posted for a minimum of five consecutive workdays.
What We Do
Everything we do is connected to helping people get the medicine they need to feel better and live well. It’s meaningful work and we’ve been doing it for over 20 years. In the pharmacy benefit management (PBM)industry, we’re different. We’re owned by 18 not-for-profit Blue Cross and Blue Shield health plans. This allows us to control costs and empower our employees to put members first. It’s a successful combination. We have the lowest pharmacy trend in the industry and serve 28+ million members throughout the US. In addition to core PBM services, we work closely with our clients to implement the right benefit design, clinical and specialty programs, formulary and networks. A few key products: • NetResults™ • Specialty Drug Management • Best in Care™ • GuidedHealth® • Advanced Fraud, Waste and Abuse: Member and Prescriber Investigations • Prime Analytics™ • CareCentered Contracting™Controlled Substance Management Program Join us! Prime is always looking for smart, purposeful people to join our team. We’re growing fast which means there are plenty of opportunities to advance and grow in your career. At the same time, Prime supports flexibility and offers generous PTO so you can enjoy an enviable work/life balance. We’re a privately held company -big enough to make a difference and small enough for you to have an impact. Follow Prime on LinkedIn to learn more.
