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 TitleRegulatory Analyst Sr (Remote)Job DescriptionThe Senior Regulatory Analyst is responsible for leading portions of departmental regulatory review and analysis, external audits and accreditation processes, and participates in committee review meetings within the Commercial, Medicare, Medicaid, and Health Insurance Marketplace for the assigned department. This position is responsible for being the primary point of contact for new internal and external business partners with regard to related regulatory activity and quality efforts involving utilization and/or medication therapy management, network management, client delegation agreements and accreditation entities, SOP development and maintenance, and development and maintenance of audit protocols.
Responsibilities
- Participate in Regulatory Review Committee Meetings, Healthcare Reform Meetings, Regulatory Oversight Meetings, CMS User Calls, and Government Programs Compliance Committee Meetings to monitor new regulations and provide necessary updates to these committees
- Monitor national and state healthcare regulation requirements and update appropriate stakeholders of changes or new requirements
- Take the lead on any new business issues and opportunities generated by Government and/or Commercial laws, rules, regulations or guidelines that impact Consumer Delivery
- Ensure successful implementation and execution of regulatory compliance requirements including project leadership and governance; ensure appropriate requirements are in place for new Client and Group implementations
- Establish and maintain engaged relationships with leadership of other functional areas within the corporation (can include Government Programs, Compliance, Healthcare Reform, Legal, Networks, Clinical Operations, Paper Claims, Member Materials, IT, etc.) to ensure effective collaboration, communication, and delivery of required regulations
- Recommend changes to policies and procedures based on regulatory changes
- Liaison with Internal Audit and External Audit teams to represent departments in CMS, Client, mock, and vendor audits
- Review audit feedback, initiate action items related to audit or compliance review findings, and recommend ideas for improvement and summarize action plans
- Other duties as assigned
Minimum Qualifications
- Bachelor's degree in business, finance, health services or related area of study, or equivalent combination of education and/or relevant work experience
- 5 years of successful project management and/or operations management experience related to, or within Pharmacy Benefit Management (PBM) or health insurance
- 2 years Medicare Part D, Medicaid, and/or federal regulatory experience
- 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
- Excellent verbal and written communication skills including interpersonal skills necessary to drive results and deliver on commitments
- Proficient at meeting facilitation, conflict management, and consensus building
- Proven client service skills with a track record for building strong client relations
- Ability to handle multiple projects simultaneously and to work under pressure with strict timelines
- Proven problem solving and solution crafting skills
- Demonstrated critical thinking and analysis skills with the ability to interpret regulations into operational requirements
Preferred Qualifications
- Prior experience giving presentations
- Proficient in Microsoft Project and Visio
- Extensive knowledge of CMS regulations and Health Care
- Commercial Clinical review experience
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.
Skills Required
- Bachelor's degree in business, finance, health services or related field, or equivalent combination of education and/or relevant work experience
- 5 years of project management and/or operations management experience related to Pharmacy Benefit Management (PBM) or health insurance
- 2 years Medicare Part D, Medicaid, and/or federal regulatory experience
- Must be eligible to work in the United States without need for work visa or residency sponsorship
- Excellent verbal and written communication and interpersonal skills
- Proficient at meeting facilitation, conflict management, and consensus building
- Proven client service skills and ability to build strong client relations
- Ability to handle multiple projects simultaneously and work under pressure with strict timelines
- Proven problem solving and solution crafting skills
- Demonstrated critical thinking and analysis skills with ability to interpret regulations into operational requirements
- Prior experience giving presentations
- Proficient in Microsoft Project and Visio
- Extensive knowledge of CMS regulations and healthcare
- Commercial clinical review experience
Prime Therapeutics Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Prime Therapeutics and has not been reviewed or approved by Prime Therapeutics.
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Healthcare Strength — Health coverage is described as comprehensive, with medical, dental, and vision options and plan designs that include low deductibles for some choices. Wellness screenings and related incentives add perceived value to the health offering.
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Retirement Support — Retirement benefits stand out through a 401(k) match that is characterized as generous and immediately vested. This structure improves the overall long-term value of the total rewards package.
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Strong & Reliable Incentives — Annual incentive bonuses are positioned as a meaningful component of total compensation and are often portrayed as substantial when performance goals are met. Incentive eligibility appears broadly available across roles, boosting the perceived completeness of rewards.
Prime Therapeutics Insights
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.





