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Lead Pharmacy Analytics Analyst

Medica
401(k)
United States, Minnesota, Minnetonka
401 Carlson Parkway (Show on map)
Sep 27, 2024
Description

In this position, the Lead Pharmacy Analytics Analyst will evaluate and assess pharmacy data to identify trends and opportunities. This specialized pharmacy healthcare analyst role will possess a deep understanding of pharmacy and medical claims, pharmacy drug pricing, pharma rebates, drug life-cycle, drug pipeline, and PBM contracting elements. The Lead Pharmacy analyst will determine requirements, create standards and/or define metrics to ensure complete and accurate pharmacy reporting. The lead analyst will provide Insight and recommendations using quantitative analysis and/or statistical analysis coupled with explanatory and predictive modeling to drive focused decision making. The ideal candidate will possess strong analytical skills, and a deep understanding of the healthcare and PBM landscape.

Key Accountabilities:



  • Data Mining and Report Development


    • Leverage analytical tools in the collection, analysis and reporting of pharmacy data, pharmacy trends, and key performance metrics


  • Data Analysis and Report Development


    • Utilize statistical methods and data analysis tools to identify trends in pharmacy claims and other pharmacy data and key performance indicators.
    • Demonstrate knowledge of components of trend for pharmacy and medical reporting and turn into actionable insights.
    • Create and present comprehensive reports that summarize findings, highlight trends and provide actionable insights to stakeholders.


  • Documentation


    • Document report development and data processes into formal process and procedure artifacts


  • Continuous Improvement & Training and Development


    • Stay informed about industry trends, emerging technologies, and best practices in pharmacy healthcare to drive continuous improvement within the pharmacy trend management processes
    • Provide training and support to team members on data analysis tools and methodologies, fostering a culture of learning and professional development.


  • Strategic Insights


    • Work closely with stakeholders to identify opportunities for improvement and make data driven recommendations


  • Cross Department Collaboration


    • Facilitate collaboration with various stakeholders including clinical, financial, actuary, provider, network, and operations



Qualifications:



  • Bachelor's Degree in Healthcare Administration, Public Health, Data Science, Statistics, Business Administration, Healthcare Econ or related field preferred, or 7 years equivalent work experience in related field
  • A minimum of 5 years of experience in pharmacy healthcare analytics, with a focus on data analysis or trend management
  • Technical Skills: Proficiency in data analysis tools and software (e.g. Microsoft Excel, Tableau, SQL, SAS or similar).


Skills and Abilities:



  • Strong analytical skills with the ability to interpret complex data sets and generate actionable insights
  • Proficient in report development and automation tools. Demonstrated ability to created comprehensive, visually engaging reports that effectively communicate data insights
  • Proven ability to approach work with high energy and curiosity


This position is a Hub role, which requires an employee to occasionally come onsite to the designated office, Minnetonka, for applicable heads-up work. Frequency is determined by business need as decided by leadership.

The full salary range for this position is $97,700 - $167,500. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

The compensation and benefits information is provided as of the date of this posting. Medica's compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.

Medica's commitment to diversity, equity and inclusion (DEI) includes unifying our workforce through learning and development, recruitment and retention. We consistently communicate the importance of DEI, celebrate achievements, and seek out community partnerships and diverse suppliers that are representative of everyone in our community. We are developing sustainable programs and investing time, talent and resources to ensure that we are living our values. We are an Equal Opportunity/Affirmative Action employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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