FINANCIAL 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 Financial Analyst role is instrumental to winning and retaining clients. This role handles all finance related aspects of a Request for Proposal (RFP), market check, or renewal requests, generating the financial offer and addressing questions with minimal guidance.

Duties & Responsibilities:

Develop financial underwriting models and solutions that will help build strategic dialogue with clients and prospects
Collaborate with internal customers to develop analytic models, methodologies, and reports to meet client and advisor needs
Interact with multi-functional areas, including operations, sales, proposals, marketing, clinical and account management to design and support internal reporting, financial strategies, account level underwriting, reporting and financial modeling
Ensure and manage all clients are set up according to agreed terms and conditions
Conduct and interpret quantitative and qualitative analyses to provide insight into existing program performance and product utilization; communicate program savings and ROI
Work collaboratively across all other EmpiRx departments to effectively communicate and meet the organization’s analytic needs
Prioritize competing requests to ensure focus on highest impact activities
Be an active participant in the development of corporate and financial strategies, business planning, pharmacy benefits pricing strategies, client reporting, data analytics, growth strategies, etc.

Education Requirements:

Associates Degree (Mandatory)
2+ years of general finance, FP&A and/or underwriting experience (Mandatory) Ability to prioritize competing requests to ensure focus on highest impact activities
Bachelor’s degree (Preferred)
Specialization in mathematics, statistics, or finance (Preferred)
Expert in MS Excel
Excellent attention to details and strong aptitude for mathematics and analyzing data
Strong written and verbal skills, and ability to present to senior executives
Ability to multi-task and work to meet deadlines; adapt and be flexible in a complex changing environment
Knowledge and proficiency in use of Tableau/Domo or similar reporting tools
Experience in PBM or Health Plan or Insurance preferred
Underwriting or Pricing experience preferred
Experience with Salesforce Sales Cloud CRM tool preferred
Masters Degree a plus

THIS ROLE IS IN MONTVALE NJ ; CANDIDATES WHO LIVE IN OR WITHIN A COMMUTABLE DISTANCE WILL BE CONSIDERED

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.

The expected salary range for this New Jersey position is between $67,000 and $84,000. Total earnings may also include various incentive options. Actual pay will be adjusted based on experience, education, geographic location, and other job-related factors as permitted by law. 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, Tuition Reimbursement, Health Savings Account, and an Employee Assistance Program.

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.

Learn more about this Employer on their Career Site