Underwriting Analyst

Underwriting Analyst

EmpiRx Health is the leading clinically-driven pharmacy benefits management company. As the pioneer in value-based pharmacy care, EmpiRx Health puts its customers and members first by enabling them to take control of their pharmacy benefits, healthcare outcomes, and financial results.


We place more emphasis on member care than any other PBM by focusing on health outcomes first. Our pharmacists and clinicians are at the center of everything we do-and our population health solution delivers tailored strategies for our clients. Leveraging our newly launched, AI-powered pharmacy care platform, Clinically™, EmpiRx Health's pharmacists and client experience teams provide the highest quality pharmacy care to our clients and their members. This enables benefits plan sponsors to keep their members healthy, happy, and productive, while substantially reducing prescription drug spending, which has been on an explosive growth trajectory in recent years.

The Underwriting Analyst plays a critical role in supporting EmpiRx Health's growth by developing financial underwriting models, pricing strategies, and analytical insights that support client proposals, renewals, and market checks. This role partners cross-functionally with sales, operations, clinical, and account management teams to develop financial offers, analyze program performance, and communicate value-based pharmacy benefit strategies. The analyst contributes to strategic decision-making by building financial models, interpreting data, and ensuring client agreements are implemented accurately.

Key Responsibilities:

Financial Modeling & Underwriting

• Develop financial underwriting models to support Request for Proposals (RFPs), renewals, and market checks
• Build pricing strategies and financial offers for prospective and existing clients
• Conduct financial modeling and scenario analysis to support strategic decision making

Analytics & Reporting

• Perform quantitative and qualitative analysis to evaluate program performance, cost savings, and ROI
• Develop analytic reports and dashboards to support internal stakeholders and client needs
• Interpret financial data and communicate insights to leadership and cross-functional teams

Cross-Functional Collaboration

• Partner with sales, proposals, marketing, clinical, and account management teams to support financial strategy
• Assist with internal reporting and development of financial methodologies and analytics frameworks
• Ensure client accounts are configured according to agreed financial terms and conditions

Strategic & Operational Support

• Participate in corporate financial planning and business strategy initiatives
• Support pharmacy benefits pricing strategies and client reporting processes
• Manage multiple analytical requests while prioritizing high-impact initiatives

Required Qualifications & Experience:

• Bachelor's degree in finance, economics, actuarial science, or other relevant concentration
• For remote candidates only: 2+ years of experience in finance, FP&A, underwriting, or financial analytics
• For candidates with less than 2 years' experience, must be able to commute to Montvale, NJ
• Advanced proficiency in Microsoft Excel: Lookups, Pivot Tables, Sum/Sum If, If Statements
• Strong analytical and mathematical skills
• Strong written and verbal communication skills with the ability to present to leadership
• Ability to prioritize multiple projects and meet deadlines in a fast-paced environment

Preferred Qualifications but Not Required

• Master's Degree in Finance, Mathematics, Statistics, or related field
• Experience in PBM, health plan, or healthcare industry
• Experience with financial underwriting or pricing models
• Experience using data visualization or analytics tools such as Tableau or Domo
• Experience with Salesforce Sales Cloud

Work Environment: On-Site for Candidates with less than 2 years' experience or Remote for candidates with 2+ years of prior experience

Benefits And Perks

Subject to program eligibility, this position qualifies for a robust suite of benefits including Paid Time Off, a 401(k) program, Health Insurance including Dental & Vision coverage, Health Savings Account, and an Employee Assistance Program.

EmpiRx Health is an Equal Opportunity Employer

At EmpiRx Health, we wholeheartedly embrace the power of diversity and the magic of inclusion. The kaleidoscope of unique perspectives, backgrounds, and talents fuels our innovation and sets us apart. We're on a mission to build a team as diverse as the world we serve, where everyone is welcome and celebrated. We're not just breaking down barriers; we're actively erasing them to create an environment where opportunity knows no bounds. In unity, we find our strength and invite individuals from all walks of life to join us in our exhilarating journey to shape a brighter, more inclusive future together.

Note: This job description is a general outline of responsibilities and qualifications for the role. Additional duties may be assigned, and the position may evolve to meet the organization's needs.