Senior Forecast Analyst

Posted 5 Days Ago
Be an Early Applicant
Home, KS
86K-128K Annually
Senior level
Insurance
The Role
The Senior Forecast Analyst provides complex financial and data modeling, forecasting, and analysis to support various business areas, particularly the Pricing and Analytics team. Key responsibilities include developing methodologies, enhancing financial models, consulting with management on data issues, and mentoring junior analysts.
Summary Generated by Built In

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.

Job Posting Title

Senior Forecast AnalystJob Description

The Senior Forecast Analyst is responsible for providing complex financial/data modeling, forecasting, revenue projections, and analysis for various functional areas throughout Prime as well as for the Pricing and Analytics team. This role is responsible for creating and developing new methodologies, reports, and analytical models and provide critical analysis related to Requests for Proposals (RFPs) and structure of client guarantees.

Responsibilities

  • Provide in-depth, comprehensive analysis and recommendations for the RFP process as Prime seeks to grow the business with purpose and bring in new groups and Blues plans
  • Lead development and implementation of financial modeling changes to improve accuracy
  • Consult with management and/or senior leadership to analyze and troubleshoot data analysis and/or forecasting issues for variety of complex projects
  • Create, enhance, and maintain various forecasts and financial models, including but not limited to drug trend, generic discount projections, revenue forecasting, and RFPs; provide recommendations based on forecasts and analysis
  • Mentor, coach, and provide work direction to more junior analysts on various work efforts
  • Other duties as assigned

Minimum Qualifications

  • Bachelor’s degree in Finance, Math, Economics, or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
  • 5 years of experience in detailed analytical work in financial, insurance, pharmacy benefits management, reporting & analytics, benefits consulting healthcare industries or related field
  • Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

  • Ability to work independently while maintaining accuracy and attention to detail and meet deadlines
  • Excellent verbal and written communication and presentation skills to senior levels of leadership
  • Proficiency in Microsoft Excel and/or database programming environment
  • Demonstrated organization with the ability to balance multiple projects and meet competing deadlines
  • Strong interpersonal skills with the ability to develop partnerships with internal clients

Preferred Qualifications

  • Extensive analysis and modeling experience with pharmacy, medical, insurance, and/or financial data
  • Experience using SAS Enterprise Guide, SQL, or other related database programming environments
  • Salesforce experience
  • Previous work experience with model creation and maintenance

Minimum Physical Job Requirements

  • Constantly required to sit, use hands to handle or feel, talk and hear
  • Frequently required to reach with hands and arms
  • Occasionally required to stand, walk and stoop, kneel, and crouch
  • Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
  • Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

Reporting Structure

  • Reports to Manager, Principal, Director or Sr Director in Pricing & Analytics department

Potential pay for this position ranges from $85,600.00 - $128,400.00 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 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, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related condition (including breastfeeding), expecting or parents-to-be, or any other basis protected by 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.

Top Skills

SAS
SQL
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.

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