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Elevance Health - Grand Prairie, TX
posted about 1 month ago
Full-time - Entry Level
Grand Prairie, TX
11-50 employees
Insurance Carriers and Related Activities
About the position
The PBM Pricing Strategy Analyst at Elevance Health is responsible for supporting Administrative Services Only (ASO) functions, focusing on implementing new processes and improvements related to guarantee monitoring and ASO pass back activities. This role aims to maximize revenue through performance metrics, margin monitoring, and client retention strategies while collaborating with the Pharmacy Services team for future growth initiatives.
Responsibilities
- Implements new processes, process improvements, and best practices related to guarantee monitoring and ASO pass back activities.
- Creates and implements metrics and supports performance measures to establish performance objectives for revenue maximization.
- Creates tools and processes to monitor margin revenue 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.
Requirements
- Requires a BA/BS in Finance or related field.
- Minimum of 1 year of experience with Pharmacy Benefits Manager (PBM) and data analysis, or any combination of education and experience that provides an equivalent background.
Benefits
- Merit increases
- Paid holidays
- Paid Time Off
- Incentive bonus programs
- Medical benefits
- Dental benefits
- Vision benefits
- Short and long term disability benefits
- 401(k) with matching
- Stock purchase plan
- Life insurance
- Wellness programs
- Financial education resources
