PBM Product Strategies Analyst

PBM Product Strategies Analyst

Location: This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The PBM Product Strategies Analyst is responsible for partnering with product, finance, strategy, and business teams to evaluate product performance, financial outcomes, and growth opportunities. This role combines financial analysis, data analytics, and business intelligence to provide actionable insights that drive product investment decisions, profitability, pricing strategies, and operational efficiency.

The ideal candidate has strong analytical skills, financial modeling experience, and the ability to translate complex data into meaningful business recommendations.

How You Will Make an Impact:

• Implements new processes, process improvements, and best practices related to product analytics.
• Creates and implements product level metrics and supports performance measures to establish performance objectives for revenue maximization and ROI tracking.
• Creates tools and processes to monitor margin revenue and product success.
• Monitors revenue performing below thresholds and implements necessary tasks to bring performance to or above targets.
• Supports product teams in implementing future revenue, upsell opportunities (member expansion), and growth capacity.
• Analyze product usage, client behavior, adoption trends, and engagement metrics while identifying opportunities to improve product performance and business outcomes through data-driven recommendations.
• Partner with product managers to assess business cases for new features, products, and investments.
• Support budgeting, forecasting, and long-range planning activities.

Minimum Requirements:

Requires a BA/BS in Finance or related field and a minimum of 1 years of experience with Pharmacy Benefits Manager (PBM), data analysis; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

• Bachelor's degree in Finance, Accounting, Economics, Business Analytics, Statistics, Mathematics, or related field preferred.
• 0-2 years of experience in finance, business analytics, product analytics, FP&A, or a related analytical role.
• Strong financial modeling and forecasting skills.
• Proficiency in Excel and financial analysis techniques.
• Strong analytical, problem-solving, and communication skills.
• Experience with SQL and/or SAS for database querying

Job Level: Non-Management Exempt

Workshift: 1st Shift (United States of America)

Job Family: AFA > Financial Operations