Senior Benefit Plan Configuration Analyst

Sorry, this job was removed at 03:45 p.m. (CST) on Monday, Aug 05, 2024
Be an Early Applicant
Albuquerque, NM
52K-78K Annually
7+ Years Experience
Insurance
The Role

Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.

Senior Benefit Plan Configuration Analyst

Job Description Summary

This position specializes in the analysis and application of advanced and complex level benefit design requirements. A successful Senior Analyst will ensure a high level of quality and accuracy through benefit configuration, test execution and validation efforts while serving as a subject matter expert on benefits and claim adjudication system coding setup.

Job Description

  • Designs, analyzes and implements benefit coding change requests with a high degree of accuracy.
  • Gathers and analyzes client requirements, assesses the benefit impact on current design and claims processing, presents to the stakeholder and/or other internal partners with benefit setup options, and advises on the best solution.
  • Responsible for managing less standardized plan design concepts, clients and programs from a coding, testing and validation perspective.
  • Facilitates conversations within the team to define client intent or program setup.
  • Facilitates and troubleshoots inquiries amongst multiple internal and external teams until resolution and implementation.
  • Partners with various teams to analyze customer specific requirements and configuration and translate those into technical design specifications and data flow from which programs are developed and coded.
  • Actively participates in and contributes to daily communications, team meetings and project/issue resolution.
  • Participates in and leads internal calls with clients to understand the intent of requested benefit changes.
  • Identifies, analyzes and presents to leadership creative solutions for process improvement activities regarding benefit configuration.
  • Analyzes new business requirements for benefit design changes to establish the appropriate solution.
  • Responsible for accurate management of plan benefits coding changes, test execution and validation efforts of plan benefit design requests.
  • Maintains customer documentation that validates configuration.
  • Efficiently and effectively distributes tasks, using clear and concise instructions and expectations.
  • Completes deliverables independently and within an agile team setting
  • Coordinates responses to both external and internal audits. Ensures workflows support compliance and identifies when audit protocols need to be refreshed to more accurately capture day-to-day procedures. Evaluates audit findings and implements new processes to bring Benefit Configuration into compliance.
  • Other duties as assigned.

Responsibilities

  • 7+ years of experience in benefit plan configuration/analysis.
  • Strategic mindset for optimal operational effectiveness.
  • Comprehensive understanding of adjudication processes and associated applications.
  • Extended experience of adjudication processes (FirstRx preferred), analyzing benefit plan design and system application.
  • Ability to understand the system's functionality and business policies.
  • Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
  • Ability to prioritize all work deliverables effectively and independently.
  • Excellent time management, organizational and written/verbal communication skills.

Work Experience

Work Experience - Required:

Benefit Plan Configuration

Work Experience - Preferred:

Education

Education - Required:

A Combination of Education and Work Experience May Be Considered., Bachelors

Education - Preferred:

Certifications

Certifications - Required:

Certifications - Preferred:

Potential pay for this position ranges from $52,250.00 - $78,390.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.

Prime Therapeutics LLC is an Equal Opportunity Employer and a Tobacco-free workplace. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law. Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their position; and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.

Positions will be posted for a minimum of five consecutive workdays.

The Company
HQ: Eagan, MN
3,577 Employees
On-site Workplace
Year Founded: 1987

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.

Jobs at Similar Companies

MassMutual India Logo MassMutual India

BI Developer

Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana, IND

Outdoorsy Logo Outdoorsy

Director - Strategic Business Development

Insurance • Sharing Economy • Software • Travel
Hybrid
Austin, TX, USA
184 Employees
170K-200K Annually
Remote
USA
73 Employees
110K-130K Annually

Similar Companies Hiring

Outdoorsy Thumbnail
Travel • Software • Sharing Economy • Insurance
Austin, TX
184 Employees
Spark Advisors Thumbnail
Insurance
New York, NY
73 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account