Key Facts

Remote From:

Japan, Singapore, Ireland

Full time

Mid-level (2-5 years)

74 - 92K yearly

English

Hard Skills

Other Skills

•
Microsoft Excel
•
Collaboration

Roles & Responsibilities

At least 2 years of PBM or related healthcare/pharmacy experience
Bachelor's degree or equivalent with a concentration in Finance / Accounting, Informatics / Data Management, and/or Statistical Analytics
Practical data management/informatics related data mining knowledge and experience (e.g., SQL, SAS, etc.)
Outstanding financial and accounting acumen, strong Excel and data management / informatics analytics skills (GAAP familiarity)

Requirements:

Review, understand, and manage existing client- and PBM-facing financial guarantee tracking models and internal processes
Evaluate, validate, and implement approved changes to client- and PBM-facing tracking processes, methodologies, and supporting analytic modeling, including weekly client-facing shortfall dashboards and monthly projected financial accruals
Oversee ongoing financial guarantee reconciliation activities and manage weekly/biweekly dashboards and tracking
Collaborate with internal technical partners to automate and streamline data capture and improve methodologies, including identifying data drivers from internal systems and performing variance analyses as needed

RxBenefits, Inc.

Pharmaceuticals

About RxBenefits, Inc.

Founded in 1995 and headquartered in Birmingham, AL with an office in Towson, MD, RxBenefits is the employee benefit industry’s first and only technology-enabled pharmacy benefits optimizer (PBO). Today, we employ more than 700 pharmacy pricing, data, and clinical experts to deliver prescription benefit savings to employee benefit consultants and their self-funded clients. RxBenefits exists to ensure EBC’s can offer mid-sized employers and their members an affordable pharmacy benefit solution combined with a Fortune 100 service experience. Our unique approach is enabled by our market-leading purchasing power, independent clinical solutions and high-touch superior service, allowing our clients to achieve their pharmacy program objectives. RxBenefits’ unwavering commitment to keeping pharmacy benefits affordable has created a better solution for the ever-changing market. RxBenefits provides equal opportunities for everyone that works for us and everyone that applies to join our team, without regard to sex or gender, gender identity, gender expression, age, race, religious creed, color, national origin, ancestry, pregnancy, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, any service, past, present, or future, in the uniformed services of the United States (military or veteran status), or any other consideration protected by federal, state, or local law.

Company type: SME

Industry: Pharmaceuticals

Founded: 2018

Company size: 501 - 1000

Website LinkedIn See all jobs →

Job description

Reports directly to and works under the supervision of the Senior Director of Financial Business Operations. This position will develop, build, provide, and oversee/monitor client- and PBM-facing financial guarantee measurement; while also, reporting key performance metrics, and reconciliation activities to facilitate senior leadership decision making, and support client and enterprise level financial planning activities.

Essential Job Responsibilities Include:

Review, understand, and manage existing client- and PBM-facing financial guarantee tracking models and internal processes
Evaluate, validate, and implement any approved changes to client- and PBM-facing financial guarantee tracking processes, methodologies, and supporting analytic modeling. Including but not limited to:
1. Weekly client-facing shortfall tracking dashboards
2. Monthly projected Financial accrual information
3. Ongoing Financial Guarantee Reconciliation activities
Work with internal technical partners to evaluate and identify improvements in the current and future financial guarantee processes and tools to further automate and streamline the methodology to capture the underlying data drivers from current / future internal systems and/or applications.
Other activities to support identified goals and initiatives, including but not limited to:

Monitor / manage the process to identify and prioritize submitted requests
Research and perform, as needed, variance analyses

Oversee / manage existing and future weekly and biweekly dashboards and tracking activities

All other assigned duties

Required Skills / Experience:

At least 2 years’ of PBM or related healthcare/pharmacy experience preferred.
Bachelor’s degree or equivalent with a concentration in Finance / Accounting, Informatics / Data Management, and/or Statistical Analytics.
Practical data management / informatics related data mining knowledge and experience (e.g., SQL, SAS, etc.)
Outstanding financial and accounting acumen, excel and data management / informatics analytical skills (e.g., SQL, SAS, etc.), including GAAP
Efficient and organized
Highly collaborative, team player

Based on relevant market data and other factors, the anticipated hiring range for this role is $73,600 - $92,000 annually. Final compensation rates will be determined based on various factors, including but not limited to experience, skills, knowledge, and internal equity considerations. This role is also short-term incentive eligible. Incentive amounts will vary by individual and business goals.

We are committed to fair and equitable compensation practices. The final salary offered to the selected candidate may vary from the posted range due to individual qualifications. Our goal is to ensure that all teammates are compensated fairly and competitively based on their contributions to our organization.

RxBenefits is also committed to providing best in class benefits to our teammates. We offer a robust total rewards package that includes:

Remote first work environment
Choice of a HDHP or PPO Medical plan, we pay 100% of the premium for the HDHP for you and your eligible family members
Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance that we also pay 100% of premiums (for your family too on Dental and Vision)
Additional buy-up options for Short- and Long-Term Disability and Life Insurance
401(k) with an employer match up to 3.5% available after 60 days
Community Service Day to give back and support what you love in your community
10 company holidays including MLK Day, Juneteenth, and the day after Thanksgiving plus a floating holiday to use as you like
Reimbursements for high-speed internet, we’ll send you a computer and monitors to help you do your best work
Tuition Reimbursement for accredited degree programs
Paid New Parent Leave that can be used for adoption or birth
Pet insurance to protect your furbabies
A robust mental health benefit and EAP service through Spring Health to support you when you need it most