Job Description
Seeking a detail-oriented, data-driven Business Analyst to join our growing team. This position will consist of using data analytics techniques to take an in-depth look at pharmacy claims experience and develop key takeaways that drive informed decision-making for clients. This individual will regularly collaborate with account representatives, pharmacists and industry experts to understand business needs by evaluating trends, building forecasts, and detecting patterns to uncover actionable insights. The ideal candidate has experience with healthcare claims data, PBM contract modeling, or actuarial/financial analysis, and thrives in a fast-paced, client-focused consulting environment.
Analyze PBM pricing proposals, contracts, and claims datasets to support RFPs, prospects, audits, and overall procurement processes. Maintain and update Excel savings forecast models that provide side-by-side cost comparisons of PBM vendors utilizing client-specific utilization and plan design. Estimate and model PBM rebate performance based on utilization, formulary positioning, and plan contract terms. Develop pharmacy budget forecasts using historical claims data, pipeline trends, and plan design inputs. Collaborate with senior consultants to synthesize findings into client-facing presentations and reports. Conduct ad hoc analyses on formulary changes, plan design scenarios, and trend drivers (i.e., GLP-1βs, specialty utilization, etc.). Stay informed on PBM industry trends, policy updates, and pricing dynamics to bring added context to client deliverables. Work on multiple projects & requests at a time (sometimes with quick turnaround) and be able to prioritize tasks accordingly.
About Brown & Brown
Founded in 1939, Brown & Brown has grown into one of the worldβs largest insurance brokerages while staying true to our foundation of trust.