Analyst I, Pharmacy Discount Programs-Remote

Benefits

• 401(k)
• Adoption assistance
• Dental insurance
• Disability insurance
• Employee assistance program
• Employee discount
• Flexible spending account
• Health insurance
• Paid parental leave
• Paid time off
• Parental leave
• Referral program
• Tuition reimbursement
• Vision insurance

Putting People First in Pharmacy- Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other.

Due to growth, we are adding this Analyst I, Pharmacy Discount Programs to our Provider Network Admin department.

The Analyst I, Pharmacy Discount Programs is responsible for the tactical decision-making and operational implementation of unit drug pricing for Navitus discount card programs. Additionally, the Analyst will advise and inform employees in Provider Services of current market prices for programs offered by Navitus and its competitors. The Analyst will be responsible for performing an array of analyses and creating drug-specific and summary level reports to inform price recommendations and facilitate critical decision-making processes. Day-to-day activities include reporting on Navitus’ discount program performance relative to targets, conducting pricing research of medications available at specific pharmacy providers for unfunded discount card programs and funded pharmacy benefit programs, and overall market research. The primary measure of success for the Analyst is ability to increase the number of billable transactions for plan sponsors of Navitus’ discount programs.

The Analyst reports to the Manager, Discount Card Programs in the Provider Services division. The individual in this position will obtain supervision from the Manager, Director, and division Vice President to adjust prices as necessary to meet the company’s overall strategic plan. The individual in this position will establish strong relationships with discount card sponsors to fulfill the mission of growth of the programs. This position will communicate and work cross-functionally with various teams at Navitus, including discount card program managers, finance, IT, client services, and provider services associates to deliver intuitive analyses and reports. This position will work with a wide range of data points and be asked to complete a variety of analytical projects.

Is this you? Find out more below!

How do I make an impact on my team?

• Regular monitoring of Discount Card volume by drug, pharmacy, and patient population
• Regular monitoring of Pharmacy compliance performance and trending
• Regular monitoring of market prices on discount card websites
• Impact analyses of Navitus price changes on volume, profitability, and performance targets
• Analyses to determine root causes of volume/performance disruption
• Analyses to identify opportunities to drive additional volume and/or right-size compliance targets
• Automation of analyses to produce up-to-date, consumable reports and enable rapid adjustments
• Production of price change recommendations to meet strategic goals, drive volume, and maintain target compliance metrics
• Implementation of price change updates in internal systems and review/confirmation of accurate adjudication and web-display on partner platforms
• Maintenance of organized records of drug- and pharmacy-specific price history
• Maintenance of professional, collaborative relationships with discount program sponsors and retailer partners in the Navitus Consumer Discount Network
• Collaboration with plan sponsor analysts to identify opportunities for claim growth

What our team expects from you?

• Bachelor's degree required. Emphasis in math, finance, computer science, analytics, and/or business desired.
• Understanding of cost-volume price (CVP) analysis is preferred. Experience with analytical programs is desired, especially MS Excel, and reporting software (e.g. Qlik, Tableau, PowerBI).
• Participate in, adhere to, and support compliance program objectives
• The ability to consistently interact cooperatively and respectfully with other employees

What can you expect from Navitus?

• Hours/Location: Monday-Friday 8:00am-5:00pm CST, Madison WI Office or Remote
• Paid Volunteer Hours
• Educational Assistance Plan and Professional Membership assistance
• Referral Bonus Program – up to $750!
• Top of the industry benefits for Health, Dental, and Vision insurance, Flexible Spending Account, Paid Time Off, Eight paid holidays, 401K, Short-term and Long-term disability, College Savings Plan, Paid Parental Leave, Adoption Assistance Program, and Employee Assistance Program