VytlOne is the nation’s only independent, fully integrated total pharmacy solutions partner. They are seeking a Principal Business Analyst to manage the compilation, analysis, and reporting of data for pricing contracts for PBM services, working cross-functionally to set market pricing while meeting financial objectives.
Responsibilities:
- Oversee and implement VytlOne’s pricing strategy for VytlOne’s PBM opportunities
- Drive full pricing process for traditional and pass through PBM RFP opportunities. Gather, assess and evaluate quantitative elements of a new client and existing client renewal opportunities working in a team environment with the Pricing/Underwriting Management, Pricing Analysts, Sales/Account Management teams, etc
- Research and monitor competitors and industry trends
- Streamline processes and models to drive efficiency and accuracy
- Provide financial support for prospect contract negotiations and respond to RFP financial requests
- Assist in presenting pricing model and strategy to senior leadership
- Communicate range of pricing scenarios/options to internal stakeholders
- Lead intradepartmental projects and company projects
- Work with Sales and Leadership teams in creating pricing and product positioning strategies
- Lead functional & organizational initiatives as required
- Develop, maintain and distribute ad-hoc reports and financial models as needed
- Promptly report any allegations of impropriety to the Compliance Department
- Comply with VytlOne’s Ethical Business Conduct policy and VytlOne’s Compliance Program
- Remain free from exclusion under the OIG and SAMS Medicare/Medicaid lists
- Complete required training, as assigned, within the established timeframes
- Must be able to cope with the mental and emotional stress of the position
- Maintain regular attendance in accordance with established policies
- Perform other job-related duties as assigned
Requirements:
- Bachelor's Degree in Accounting, Finance, or Economics
- Minimum of 8 years' experience completing complex analytical, financial analysis for PBM services in both traditional and pass through PBM contract models
- Knowledge of pricing inputs and services mix (plan design, prescription history, retail pharmacy network models, rebate assumptions, specialty, mail pharmacy, brand/generic and more) for contracted PBM services across both traditional and pass through pricing methodologies
- Experience working with many aspects of PBM Underwriting including, but not limited to, Health Systems, Commercial lines of business, Government Programs, and Coalitions
- Advanced knowledge of Microsoft Excel & Word
- Basic SQL proficiency utilizing functions, statements such as SELECT, CASE, or JOIN, and conditional operators
- Can independently manage all aspects of pricing RFPs and renewals with minimal supervision in coordinating with other teams to complete projects
- Extensive PBM industry knowledge required and the ability to be the Underwriting team's liaison with other departments to manage interdepartmental projects
- Ability to analyze data specific to client opportunity, consider context of company strategies and offer actionable pricing recommendations
- Extensive experience reviewing, analyzing and assessing complex and unstructured data
- Ability to work on multiple tasks and prioritize deadlines
- Experience coordinating deadlines and deliverables across multiple teams to achieve operational change
- Contribute productively and work cohesively with cross-functional teams in operations, sales, account management and finance in fast paced, dynamic environment
- Excellent written and verbal communication skills, with presentation experience in front of Senior Leadership
- Strong initiative and ability to manage multiple projects, as well as, strong follow through skills
- Must be detail oriented with strong organizational skills