Senior Underwriting Analyst

Senior 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 Senior Underwriting Analyst plays a critical role in supporting EmpiRx Health’s growth by driving financial analysis for RFPs, renewals, and market checks. This role is responsible for developing underwriting strategies, generating financial offers, and ensuring accuracy and timeliness in proposal deliverables. The analyst partners cross-functionally with Sales, Clinical, and Proposals to support client acquisition and retention while managing financial risk and ensuring alignment with business objectives.

Key Responsibilities:

Underwriting Strategy & Financial Modeling

• Develop underwriting strategies for new business opportunities, including complex RFPs
• Present financial strategies and assumptions to Sales, Clinical, and Proposals teams
• Retrieve, analyze, and input RFP data into underwriting models with accuracy
• Interpret financial results and adjust models based on strategy and deal requirements

RFP & Proposal Management

• Manage multiple RFPs concurrently, meeting established turnaround timelines (e.g., 6-day and 10-day RFP cycles)
• Ensure ≥95% accuracy across all deals tracked in the Accuracy Tracker
• Handle BAFO pricing and follow-up questions with minimal guidance
• Deliver completed work for internal review within underwriting timelines with a high degree of reliability

Data, Risk Management & Controls

• Analyze key financial metrics and identify risks associated with underwriting decisions
• Recommend solutions to manage downside risk and financial exposure
• Support development of improved controls and process enhancements

Tools & Analytics

• Demonstrate advanced proficiency in underwriting models and financial calculations
• Utilize data visualization tools (e.g., Tableau, Domo) to support insights and reporting
• Leverage Salesforce for tracking and coordination of deals
• Apply advanced Excel skills for financial modeling and analysis

Required Qualifications & Experience:

• Bachelor’s Degreeor other relevant education and experience as determined by the company
• 4+ years of experience in finance, FP&A, underwriting, or financial analytics
• Advanced proficiency in Microsoft Excel
• 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 supporting RFP processes and financial modeling
• Experience using data visualization or analytics tools such as Tableau or Domo
• Experience with Salesforce Sales Cloud

Work Environment: Remote OR Hybrid on-site in Montvale, NJ

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.Top of Form