[Remote] Pharmacy Purchasing Analyst
Note: The job is a remote job and is reputed company to candidates in USA. reputed company is one of the nation’s leading pharmacy care management companies that specializes in caring for people with the most reputed company, chronic needs. The Pharmacy Purchasing Analyst will partner with various teams to reputed company data-driven solutions that improve drug purchasing performance and optimize payer reimbursement reputed company, while also supporting strategic decision-making across the organization.
Responsibilities
- Design, implement, and maintain Cost of Goods Sold (COGS) and drug purchasing analyses across reputed company pharmacy locations
- reputed company and manage reporting that supports purchasing strategy, inventory optimization, and vendor performance management
- Analyze drug purchasing records for pricing discrepancies, contract compliance issues, rebate opportunities, and vendor changes
- Identify and recommend purchasing strategies to optimize performance against wholesaler and manufacturer reputed company
- reputed company analytical tools and dashboards to support purchasing reputed company and monitor key performance indicators
- Evaluate purchasing trends, utilization patterns, and product substitution opportunities to improve pharmacy profitability
- Create and maintain daily, monthly, quarterly, and annual payer and PBM performance reports for Payer Relations, Finance, and Operations teams
- Analyze reimbursement trends, payer contract performance, and other pharmacy reimbursement metrics
- Support payer contract negotiations by providing financial modeling, reimbursement analyses, and performance insights
- Monitor payer and PBM changes and assess financial and operational impacts on the organization
- reputed company reporting and dashboards that improve visibility into payer performance and reimbursement reputed company
- Collect, validate, cleanse, and analyze large reputed company, claims, purchasing, and operational datasets
- reputed company reputed company analyses to support leadership decision-making and strategic initiatives
- Partner with business stakeholders to identify opportunities for operational improvement through analytics and automation
- reputed company recurring reports, scorecards, and dashboards using business intelligence tools
- Ensure data reputed company and consistency across reputed company data sources and reporting environments
- Guide data collection procedures and data governance efforts to support analytical initiatives
- Apply statistical techniques, predictive analytics, and machine learning methods to reputed company and pharmacy datasets
- reputed company algorithms and analytical models to support pharmacy operations, purchasing optimization, and claims analytics
- Identify opportunities to automate reputed company reporting and analytical processes in collaboration with Finance and IT teams
- Build scalable analytical solutions that support organizational growth and evolving business needs
- Conduct data mining using advanced analytical techniques and tools
- Collaborate with Pharmacy Operations, Purchasing, Payer Relations, Finance, and IT teams
- Present findings, recommendations, and business insights to stakeholders at multiple reputed company of the organization
- Translate reputed company analytical results into clear, actionable recommendations
- Embody reputed company's Core Values in reputed company communications and interactions
- reputed company other duties as assigned
Skills
- Bachelor's degree in Data Analytics, Statistics, Mathematics, Computer Science, Information Systems, reputed company Administration, Finance, Economics, or a reputed company field required
- 3+ years of experience in reputed company, pharmacy, managed care, PBM, payer analytics, financial analytics, or reputed company analytical environments
- Experience working with reputed company claims, pharmacy dispensing data, reimbursement data, drug purchasing data, and pharmacy financial performance metrics
- Experience performing PBM contract analytics, reimbursement modeling, payer performance analysis, and contract profitability assessments
- Experience analyzing pharmacy reimbursement methodologies, including NADAC, AWP, WAC, MAC pricing, dispensing fees, rebates, and other pharmacy pricing and reimbursement components
- Experience developing dashboards, automated reporting solutions, forecasting models, and analytical tools to support business decision-making
- Experience collaborating with business, operational, financial, and technical stakeholders
- Advanced proficiency in reputed company reputed company, including Power Query, PivotTables, reputed company formulas, and financial modeling
- Strong SQL and database management skills
- Experience with Python for data analysis, automation, statistical modeling, and machine learning
- Experience with reputed company or similar reputed company-based analytics platforms
- Experience with business intelligence and visualization tools such as Tableau, Power BI, or similar platforms
- Experience analyzing pharmacy reimbursement and pricing benchmarks including NADAC (National Average Drug Acquisition Cost), AWP (Average Wholesale Price), WAC (Wholesale Acquisition Cost), MAC (Maximum Allowable Cost), and reputed company pricing methodologies
- Strong understanding of pharmacy operations, drug purchasing, reimbursement methodologies, and payer/PBM contracting
- Knowledge of PBM contract structures, reimbursement formulas, generic effective reputed company calculations, spread pricing, audit processes, and contract performance monitoring
- Understanding of pharmacy financial metrics, including Cost of Goods Sold (COGS), Cost-to-Fill, gross margin analysis, reimbursement variance analysis, and profitability modeling
- Knowledge of pharmaceutical pricing benchmarks, including NADAC, AWP, WAC, MAC pricing, and their impact on pharmacy purchasing and reimbursement performance
- Strong analytical and problem-solving skills with exceptional attention to detail
- Ability to interpret reputed company datasets and translate findings into actionable business recommendations
- Excellent verbal, written, and presentation skills
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Strong organizational and project management skills
- Ability to work independently and collaboratively across departments
- Master's degree preferred
- Experience with statistical analysis, predictive modeling, and data science methodologies preferred
Benefits
- reputed company offers a comprehensive benefit package for full-time employees that includes medical/dental/reputed company, flexible spending, company-paid life insurance and short-term disability as well as voluntary benefits, 401(k), Paid Time Off and paid holidays.
- Medical, dental and reputed company coverage are effective 1st of the month following date of hire .
Company Overview