What are the responsibilities and job description for the Remote Financial Analyst I position at Insight Global?
JOB DESCRIPTION
One of our Pharmacy Benefit Management clients is actively looking for a Remote Financial Analyst to join the Rebates & Reporting Team. This is a contract role, potential permanent opportunity down the line. The FA is responsible for conducting data development, pricing analysis and quantifying the impact of various benefit designs on client utilization and costs. Main responsibility would be producing reports - their are reoccurring reports that are missing deadlines.
Responsibilities include:
Responsibilities include:
- Derive and build financial models based on internal departments and client requests to develop and improve business strategies
- Develop cost analysis for new and existing clients to demonstrate the savings opportunities available
- Analyze savings from network discounts, rebates, formulary, and benefit design to determine client savings and risk to company
- Understand benefit designs and adjust analyses as necessary based on clients’ customized plans
- Effectively communicate complex pharmacy benefit claims processing issues, challenges and occurrences to both internal and external clients
- Analyze claim development, trend and anomalies in utilization for insurance clients
- Create and build financial reporting as required by government entities for insurance clients
MINIMUM REQUIREMENTS
1-3 years experience as a Financial Analyst
Prefer Healthcare Insurance or Pharmacy Benefit Management industry experience
Expert in Excel - V Lookups & Pivot Tables
Intermediate in SQL - Extraditing data sets from SQL and moving into excel
DESIRED SKILLS
Crystal Reporting
PBM experience
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