at Elevance Health in CHICAGO, Illinois, United States
Job Description
Location: Elevance Health supports a hybrid workplace model (virtual and in-office) with PulsePoint sites used for collaboration, community, and connection. This includes remote work and 1-2 days in office per week. Candidates must reside within a 50-mile or 1-hour commute each way of a relevant Elevance Health location.
The PBM Pricing Strategy Analyst Sr. is responsible for Administrative Services Only (ASO) support functions.
How You Will Make an Impact
Primary duties may include, but are not limited to:
+ Implements new processes, process improvements, and best practices related to pricing, guarantee monitoring, and ASO pass-back activities.
+ Creates and implements metrics and supports performance measures to establish performance objectives for revenue maximization and Pharmacy pricing.
+ Creates tools and processes to monitor margin revenue, pricing accuracy, and client retention.
+ Monitors revenue performing below thresholds and implements necessary tasks to bring performance to or above targets.
+ Implements pricing in the system related to margin.
+ Supports the Pharmacy Services team in implementing future revenue, member expansion and growth capacity.
+ Develops pharmacy pricing for clients while adhering to underwriting guidelines.
Minimum Requirements:
Requires a BA/BS in Finance or related field and a minimum of 3 years of experience with Pharmacy Benefits Manager (PBM), data analysis; or any combination of education and experience, which would provide an equivalent background.
Preferred Skills, Capabilities and Experiences:
+ Proficiency in Excel
+ Ability to manipulate data for analysis purposes.
+ Ability to communicate results to a wide audience
For candidates working in person or remotely in the below location(s), the salary* range for this specific position is $70,128 to $135,648.
Locations: Colorado; Nevada; New York
In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.
- The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company’s sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
