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Senior Financial Analyst more...
Location:Franklin Lakes, NJ
Company:Express Scripts
First posted:May 06, 2017 (last updated 30+ days ago)
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Schedule: Full-time
Job ID: REQ20007384

JOB SUMMARY


Primary responsibility is to support the development of operational strategies to comply with financial performance guarantees for network providers and strategic ESI clients. This involves creating systems to capture contractual requirements, measure performance and recommend performance adjustments to comply with the guarantees. Communication of performance guarantee results to ESI Sr Management and external Pharmacy contacts. Support Pharma and Retail Strategy management in development of strategic initiatives involving pricing.

ESSENTIAL FUNCTIONS

  • Meet directly with clients on a regular basis in order to utilize financial models to evaluate the rebate and cost impact of implementing existing and potential (new) client formularies.

  • Discuss with clients any potential utilization management programs under evaluation to ensure that all modeling and requirements of these programs are accurately evaluated and communicated to Pharmaceutical partners.

  • Analyze the financial impact of client requested formulary changes to both the client and Express Scripts.

  • Create presentations for client meetings including all supporting documentation.

  • Coordinate internal prep meetings with participation from various areas of Express Scripts, including but not limited to Account Management, Pricing, Finance and Pharma Strategy and Contracting.

  • Review and model all applicable custom carve out contracts for Express Scripts clients.

  • Provide analytic support for rebate contact negotiations

  • Interact closely with other areas of Pharma Strategy and Contracting department to insure all manufacturer contract terms are correctly reflected in all models.

  • Improve on existing systems and procedures to effectively document and communicate formulary analysis projects. (including maintaining and revising existing financial models).

QUALIFICATIONS

  • Bachelors Degree, Finance or related area/MBA a plus

  • 2-5 years relevant work experience

  • Strong, detail oriented organizational and analytical skills

  • Excellent PC skills - including Excel, Powerpoint and MS Access, experience with database

  • Financial modeling experience

  • Proven ability to work in a fast paced - ever changing environment

  • Excellent relationship building and cross functional skills

  • Travel up to 10%.

*LI-JB3

ABOUT THE DEPARTMENT


Pharma & Retail Relations combines the coordination and management of the company's key supplier groups under a single management team. Major suppliers include brand and generic pharmaceutical manufacturers, retail pharmacies and drug wholesalers.

ABOUT EXPRESS SCRIPTS

Advance your career with the company that makes it easier for people to choose better health.
Express Scripts is a leading healthcare company serving tens of millions of consumers. We are looking for individuals who are passionate, creative and committed to creating systems and service solutions that promote better health outcomes.
Join the company that Fortune magazine ranked as one of the 'Most Admired Companies' in the pharmacy category. Then, use your intelligence, creativity, integrity and hard work to help us enhance our products and services.
We offer a highly competitive base salary and a comprehensive benefits program, including medical, prescription drug, dental, vision, 401(k) with company match, life insurance, paid time off, tuition assistance and an employee stock purchase plan.
Express Scripts is committed to hiring and retaining a diverse workforce. We are an Equal Opportunity Employer, making decisions without regard to race, color, religion, sex, national origin, age, veteran status, disability, or any other protected class. Applicants must be able to pass a drug test and background investigation.
Express Scripts is a VEVRAA Federal Contractor.

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