Client Engagement Business Analyst

Brown & Brown, Inc. cranston , RI 02910

Posted 2 weeks ago

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Remedy is already an industry leader in delivering prescription drug benefit savings and analytics. You will join a talented team of specialized pharmacy benefit management industry experts, clinicians, actuaries, engineers and technology experts managing the overall service and operational relationship of assigned accounts.

The Client Engagement Business Analyst will work on all financial aspects of product and service delivery including RFP/procurement modeling, assumptions and forecasting projects, budgets and cost estimates, market-check analysis modeling, assumptions and forecasting projects, analytic reporting, and various other types of financial modeling.

Essential Duties and Functions: include the following. Other duties may be assigned.

  • Develop data analyses and financial forecasts

  • Maintain and update excel savings forecast model for prospects and

  • renewal/market check/RFPs including formulas, 'programming', input of data including various adjustments/exclusions, calculations including various adjustments/exclusions and outputs

  • Budget forecasting and rate-setting for clients

  • Financial Reconciliations of client invoicing based on Statement of Work

  • Rebate estimation and analysis

  • Provide actuarial review of financial reports, savings estimates, forecasts, and other financial analyses before they are shared with clients

  • Collaborate with and support the Financial Analysis Team with their projects. This could include either the completion or peer review of renewal/market check/RFPs

  • Responsible for the documentation of all key agreements, deliverables and client correspondence

Competencies:

  • Team player who is creative, organized, detailed oriented and pro-active.

  • Ability to thrive in an environment with minimal oversight and lots of responsibility.

  • Experience developing and maintain effective, collaborative working relationships with clients and internal partners to provide solutions to complex pharmacy benefit decisions.

  • Excellent written and verbal communication skills, along with the ability to facilitate effective conversations both internally, and externally with clients.

  • Possesses a strong work ethic and takes ownership of client goals and objectives.

  • Takes initiative and is self-directed.

  • Strong teamwork skills, has the ability to encourage cooperation among team members.

  • Quick self-motivated learner who can initiate and drive new projects.

  • Excellent analytical and organizational skills.

  • Planning/organizing-the individual prioritizes and plans work activities and uses time efficiently. Makes good and timely decisions that propels our company forward.

  • Critical thinking to create innovative ways for our customers and our company to be successful. The individual identifies and resolves problems in a timely manner, gathers and analyzes information skillfully and maintains confidentiality.

  • Adaptability-the individual adapts to changes in the work environment, manages competing demands and is able to deal with frequent change, delays or unexpected events.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions

Required:

  • Education: Actuarial Science, mathematics, statistics or related field

  • 3+ years experience with Pharmaceutical, healthcare, and/or medical data

  • Strong understanding of Excel, as well as data retrieval and querying skills

  • Very good written and verbal communication skills.

Preferred:

  • Knowledge of both Pharmacy and Medical data

  • Broad understanding of business intelligence, reporting and statistics a plus

  • Hands on knowledge of data visualization tools such as Tableau, Power BI, or Alteryx.

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.


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