09/14/2021

Strategic Sales Financial Analyst

  • Medical Mutual
  • Brooklyn, OH, USA
Full Time

Job Description

Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.6 million Ohioans through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans.

Medical Mutual’ s status as a mutual company means we are owned by our policyholders, not stockholders, so we don’t answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us and help our members achieve their best possible health and quality of life.

Collaborates with internal departments and external resources to provide ASO Rx pricing strategies and support. Generates analysis, modeling and forecasting of pharmacy discounts and rebates. Acts as Sales/Underwriting contact with our external PBM.  Works independently to solve problems, complete special projects. Acts as a resource for colleagues with less experience.

Responsibilities

  • Assists in creating ASO Rx pricing strategies, modeling and forecasting.
  • Coordinates and monitors pharmacy pricing reconciliations. Works with external our PBM partner and internal departments to complete annual pharmacy pricing reconciliations.
  • Assists Underwriting in the development and modeling of pharmacy responses to request for proposals (RFPs) and renewals. Models’ competitive offers and makes Rx pricing suggestions as well as assists with written responses to RFP questionaries.
  • Work as a Sales/Underwriting contact with PBM.   Collaborates with our external PBM to provide market feedback to our Internal Sales teams. Maintains pharmacy carveout group lists and facilitates strategy discussions with internal departments. Maintains competitive intel databases. 
  • Assists the Group Underwriting team as time permits
  • Performs other duties as assigned.
 

 

 

Qualifications

Strategic Sales Support Analyst I

Education and Experience:

  • Bachelor’s degree in Business, Finance or related field  

Technical Skills and Knowledge:

  • Strong math aptitude
  • Beginning knowledge of pharmacy concepts and general health insurance and benefit and funding designs/methodology.
  • Intermediate MS Office Skills, including MS Access.
  • Basic SAS knowledge - preferred

Strategic Sales Support Analyst II

Education and Experience:

  • Bachelor’s degree in Business, Finance or related field required. 
  • 3 years of pharmacy or insurance industry experience - preferred
  • 3 years of experience with financial analysis
  • MBA or representative experience preferred

Technical Skills and Knowledge:

  • Strong math aptitude
  • Intermediate knowledge of pharmacy concepts and/or general health insurance and benefit and funding designs/methodology.
  • Intermediate MS Office Skills, including MS Access.
  • Intermediate SAS knowledge -preferred

Sr. Strategic Sales Support Analyst

Education and Experience:

  • Bachelor’s degree in Business, Finance or related field required. 
  • 5+ years of pharmacy or insurance industry experience - preferred
  • 5+ years of experience with financial analysis
  • MBA or representative experience preferred

Technical Skills and Knowledge:

  • Strong math aptitude
  • Advanced knowledge of pharmacy concepts and/or general health insurance and benefit and funding designs/methodology.
  • Advanced MS Office Skills, including MS Access.
  • Intermediate SAS knowledge - preferred

Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:

A Great Place to Work:

  • Top Workplace in Northeast Ohio. Year after year we've received this recognition!
  • On-site wellness center at most locations. Enjoy personal trainers, towel service, locker room, weight room, elliptical machines, and a variety of classes!
  • On-site cafeteria serving hot breakfast and lunch, at most locations. Choices ranging from salad bar, made to order, hot and cold sandwiches, or a variety of entrees cooked fresh daily. Convenience store at most locations
  • Employee discount program. Discounts at many places in and around town, just for being a Medical Mutual team member
  • Business Casual attire

Excellent Benefits and Compensation:

  • Competitive compensation plans
  • Employee bonus program
  • 401(k) with company match and an additional company contribution
  • Excellent medical, dental, vision, and disability insurance

An Investment in You:

  • Career development programs and classes
  • Mentoring and coaching to help you advance
  • Education reimbursement up to $5K per year

About Medical Mutual:

We strive to create peace of mind. Our customers can trust us to do things right and to help them get value from their health plan. We're the largest health insurer in Ohio and for over 85 years, we've been serving our members and the Ohio communities where they live and work. Medical Mutual is a Top Place to Work in Northeast Ohio with exceptional career opportunities that offer challenge, growth and a great work/life balance. We want talented, innovative, and driven people to help us continue to be the best health insurance choice of Ohioans and help make Ohio the best it can be! Our headquarter building is located in the heart of downtown Cleveland and we have multiple offices throughout the state. Join us at one near you!

At Medical Mutual and its family of companies we celebrate differences and are mutually invested in our employees and our community. We are proud to be an Equal Employment Opportunity and Affirmative Action Employer. Qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, veteran status, or disability status.

We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.


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