Pharmacy Reporting Analyst
WellDyne
Role Description
Under the direction of the Chief Clinical Officer, the Pharmacy Reporting Analyst will support and advise internal customers to enable data driven decision-making. This role will design, develop, maintain, and implement internal data management processes, custom reports and analytic tools/applications to support the clinical and pharmacy leadership.
- Develops ongoing knowledge of WellDyne’s varied data sources and structures to independently take in business requirements, design and execute on requests.
- Models and tracks pharmacy savings on a monthly basis and makes recommendations, as needed.
- Supports WellDyne’s need to support Employer Groups and Sales by collaborating on RFP’s to grow business.
- Assists in the bidding process to maintain current groups and potentially gain new business, including re-pricing of claims and savings estimates.
- Supports with claims submissions to various rebate vendors and helps analyze competing offers on drug rebate to determine the best deal.
- Participates in problem-solving and investigation, analyses, special projects, and research projects as requested.
- Assists in identifying cost containment and quality improvement opportunities and makes recommendations to customers for further analysis opportunities.
- Researches, identifies, reviews, and evaluates emerging trends in the pharmacy industry.
- Organizes and prioritizes tasks, proposes work assignments to successfully complete projects in a timely manner.
- Manages multiple projects with competing deadlines to successful completion.
- Maintains high regard for member privacy in accordance with corporate privacy policies and procedures.
- Collects, analyzes, and interprets pharmacy data.
- Develops awareness of pharmacy plan design, cost factors, and the renewal process.
- Evaluates managed pharmacy programs and prepares reports on findings.
- Participates in client meetings to advise on data issues and address pharmacy questions.
- Participates in a variety of special projects such as benchmarking and contract analyses.
- Supports clients with various pharmacy issues and projects.
- Provides consultative analyses and RFP data to support membership growth and retention.
- Conducts trend driver analyses, outcomes reporting, and benchmarking to support trend management and forecast.
- Develops reports to support efficient operations and regulatory requirements.
- Develops pharmacy data, reporting methods, and tools to facilitate pharmacy program and business strategy planning.
- Utilizes programming software to efficiently develop processes or tools to analyze relevant data from various sources and interprets and presents analytic results for all ad hoc and ongoing reporting requests.
- Serves as pharmacy data liaison to key stakeholder areas and supports business and strategic project planning and implementation.
- Develops innovative analyses and reports using understanding of the business need for information.
- Conducts independent analysis of high complexity under minimal supervision and guidance.
- Performs other functions as assigned by management.
Qualifications
- BS/BA in Business or related field (e.g. Finance, Computer Technology, etc.)
- Experience with Visual Analytic tools required (Tableau, SAS Visual Analytics, Power BI).
- Requires advanced data analytic skills with SAS, Business Objects, Microsoft Office (e.g. Access and Excel including VBA).
- Other data analytic experience is a plus (e.g. Crystal Reports, Unix, SQL/PL-SQL).
- Requires 3-5 years experience in health care (Health Plan, Pharmacy Benefit Management or government payer).
- Must have sufficient familiarity with the technical, clinical, and financial concepts necessary to adequately perform the duties described above.
- Demonstrated ability to work with pharmacy claims data and familiar with pharmacy data parameters available for analysis.
- Prior experience and demonstrated ability to work with large datasets required.
- Experience with designing analytic plans using sound statistical approaches to solve complex questions or evaluate program ROI.
Knowledge, Skills, and Abilities
- Has strong knowledge of Excel and advanced Excel features.
- Has strong mathematical skills.
- Has strong analytical and organizational skills.
- Has strong people skills.
- Has good understanding of the Pharmacy business.
- Has the ability to pick up new technology tools quickly.
- Accounting or financial experience is a plus.
- Knowledge of SQL tables and data models is a plus.
Work Environment / Physical Demands
- This position is in a typical office environment which requires prolonged sitting in front of a computer.
- Requires hand-eye coordination and manual dexterity sufficient to operate standard office equipment including operation of standard computer and phone equipment.
- May have occasional high stress when dealing with customers/clients.
- Some travel may be required.
Equal Opportunity Employer
WellDyne and HealthDyne are equal opportunity employers and prohibit discrimination of any kind. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, veteran or disability status, or any other protected status under federal, state, or local law.
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