PBM Pricing Strategy Analyst Manager

About the role

The PBM Pricing Strategy Analyst Manager is responsible for Pharmacy Services pricing and ASO support functions. This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance.

Responsibilities

• 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.
• Makes sure 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.
• Aids in developing pharmacy pricing training to underwriters and updates to underwriting guidelines.

Requirements

• Requires a BA/BS in Finance or related field and a minimum of 5 years of experience with a PBM, pricing, data analysis; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences

• MBA strongly preferred.
• Intermediate Excel experience and analytical skills strongly preferred.
• Pharmacy underwriting/PBM experience strongly preferred.
• Medical underwriting experience preferred.
• Excellent verbal and written communication skills preferred.
• Contraxx or similar contract management tool experience preferred.
• Teradata experience preferred.
• Domo experience preferred.
• Prior leadership, coaching, and/or mentoring experience preferred.

Benefits

Elevance Health offers a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).

Pay

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.

Schedule

Associates are required to work at an Elevance Health location at least once per week, and potentially several times per week.