Summary
Brown & Brown is an insurance and risk management company with a national pharmacy team focused on prescription drug benefit savings and analytics. The Financial Analytics Manager will oversee financial product and service delivery, including RFP and procurement projects, renewals, market-check analyses, contract reviews, and pharmacy benefit reporting. The role also manages and mentors financial analysts and partners with internal teams and clients to improve analytics and processes.
Responsibilities
- Use proprietary financial analytic tools as well as excel to dive deeply into client pharmacy spend and underlying drivers of cost
- Assist with the development of methodologies, analytics, and outcomes assessments using output from our PharmaLogicTM system
- Manage all financial aspects of the internal RFP/procurement and market-check process for Brown & Brown clients which includes gathering and analyzing necessary incumbent data, financial evaluation and assessment of PBM RFP responses, working with online procurement tool, and the creation of summary reports, financial analysis and presentations
- Actively assist and support PBM contract reviews and PBM contract negotiations; including financial modeling and review of language & terms
- Assist with client presentations and reporting, including the evaluation of client utilization, trends and key findings within the pharmacy benefit
- Manage, mentor and train a team of financial analysts
- Peer review of RFP evaluations
- Manage all project timelines within the financial team to ensure timely completion
- Work with other internal teams to strategize and improve system and process efficiencies
- Assist with the training of all new employees on financial projects and financial evaluations
Skills
- Bachelor's degree in business, finance and/or similar discipline with analytic base
- 2-4 years' experience in Pharmacy Benefit analytic consulting
- Strong experience in MS Office and/or MS Excel
- Knowledge of both Pharmacy and Medical data
- Experience with Tableau or a similar business intelligence package
- Experience in MS access or understanding of relational databases
Qualifications
Must Haves
- Bachelor's degree in business, finance and/or similar discipline with analytic base
- 2-4 years' experience in Pharmacy Benefit analytic consulting
- Strong experience in MS Office and/or MS Excel
Nice to Haves
- Knowledge of both Pharmacy and Medical data
- Experience with Tableau or a similar business intelligence package
- Experience in MS access or understanding of relational databases
Benefits
- Medical/Rx
- Dental
- Vision
- Life Insurance
- Disability Insurance
- ESPP
- 401k
- Student Loan Assistance
- Tuition Reimbursement
- Free Mental Health & Enhanced Advocacy Services
- Paid Time Off
- Holidays
- Preferred Partner Discounts and more