Senior Business Analyst

Responsible for independently performing a variety of data analytics by leveraging data captured from various internal sources.

Utilizes industry standard analytical approaches and technology to transform data into actionable business insights. Develops and maintains a thorough understanding of business processes pertaining to all aspects of the 340B program.

Collaborates closely with business partners to provide business decision support and analytics to appropriate levels. Applies tactics to identified business problems and existing Company processes in order to assist with decision-making and to increase sales, profit, market share, and achieve goals.

Find out more about the daily tasks, overall responsibilities, and required experience for this opportunity by scrolling down now.

Job Responsibilities

• Conducts data analysis to determine root causes and the feasibility of solution options. Prepares charts, tables, and other exhibits for use in presentations.
• Performs client specific program gross profitability analysis and makes recommendations to improve program performance.

Tracks profitability over time, identifying root causes of adverse trends, and makes recommendations to improve program’s financial results.

• Analyzes corresponding data to effectively recommend system and operational procedure changes, enhancements, development of functional specifications or interface opportunities with costs and or return on investment summarized.
• Recommends resolution to multifaceted business problems within the organization, including the support of high level analytics frameworks through which resolution may be derived.
• Identifies opportunities for optimization of existing business processes and program expansion as a result of analyses performed.

Presents and supports findings and recommendations to various levels within the organization.

Develops and fosters working relationships with internal business colleagues and counterparts to facilitate productive exchanges of information.

Provides data, information, and reports as needed in support of business partners.

• Develops a thorough understanding of the 340B program. Strives to consistently improve the overall efficiency, profitability, and marketability of the 340B program offering.
• Continuously builds knowledge of the healthcare and pharmacy services industry, utilizing that knowledge to make recommendations leading to improvements in program support.
• Coaches 340B Analysts in the resolution of complex data analysis and escalated operational ticket issues.
• Monitors 340B Analyst workflow to ensure business partner relationships and deliverables are being maintained satisfactorily.

Basic Qualifications

Bachelor’s Degree and at least 1 years of experience with analyzing and reporting data in order to identify issues, trends, or exceptions to drive improvement of results and find solutions;

OR, High School Diploma / GED and 6 years of experience with analyzing and reporting data in order to identify issues, trends, or exceptions to drive improvement of results and find solutions.

• Experience in diagnosing, isolating, and resolving complex issues and recommending and implementing strategies to resolve problems.
• Experience developing ways of accomplishing goals with little or no supervision, depending on oneself to complete objectives and determining when escalation of issues is necessary.
• Experience developing and delivering presentations to various audience levels within an organization.
• Advanced level skill in Microsoft Excel (for example : using AVERAGE function, merging and centering cells, printing centered page and / or creating a pivot table).
• Intermediate level skill in Microsoft Word (for example : inserting headers, page breaks, page numbers and tables and / or adjusting table columns).
• Intermediate level skill in Microsoft PowerPoint (for example : applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and / or formatting font).
• Willing to travel up to 10% of the time for business purposes (within state and out of state).

Preferred Qualifications

• Master’s Degree or MBA.
• Experience working with pharmacy data at a retail pharmacy, Pharmaceutical Benefit Manager, benefit consultancy, or managed care company.
• Experience with data extraction, data mining, data acquisition, and data profiling.
• Experience in performing data analysis and data management activities. Knowledge of statistical concepts.
• Experience with project management (for example : planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives).
• Experience establishing and maintaining relationships with individuals at all levels of the organization, in the business community and with vendors.

An employee in this position can expect a salary / hourly rate between $76,300 and $122,200 plus bonus pursuant to the terms of any bonus plan, if applicable.

The actual compensation offered will depend on experience, seniority, geographic locations, and other factors permitted by law.

To review benefits, please click here.

An Equal Opportunity Employer, including disability / veterans.

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