Trade Relations Analyst

Join True Rx Health Strategist as our Trade Relations Analyst - Unleash Your Analytical Prowess in the World of Healthcare!

Are you ready to leverage your analytical skills to make a tangible impact in the healthcare industry? True Rx Health Strategists is actively seeking a meticulous and analytical Trade Relations Analyst to drive the administration, analysis, pricing, and optimization of processes, ensuring the seamless implementation and maximization of rebate contracts/amendments. As a key player on our team, you will oversee pricing, utilization metrics, and analysis reports, using your technical expertise to guarantee the quality and accuracy of data.

100% remote with in-office requirements as needed for training and meetings.

What You’ll Do:

• Rebate Oversight: Lead the auditing of rebates, identifying opportunities within various contracting and payment reconciliation processes.
• Monitoring and Modeling: Monitor, trend reporting, and model rebate guarantees for self-funded clients, ensuring accuracy and efficiency.
• Data Analysis: Analyze, report, and interpret large datasets for presentation to both internal and external partners, presenting findings in a clear and concise manner.
• Contract Review: Continually review and analyze existing contracts and usage data from internal and external sources, ensuring compliance and identifying areas for improvement.
• Quality Control: Perform quality control of the point-of-sale rebate program, adjusting the program as needed based on trends and insights.
• Statistical Expertise: Utilize statistical methods and build forecasting models according to business needs, informing internal partners of tracking measures for drug pricing, rebates, and tiering information.
• Automation and Optimization: Identify opportunities to automate and optimize business operations and reporting, contributing to the efficiency of our processes.
• Microsoft Office Mastery: Leverage advanced Microsoft Office skills, particularly in Excel, Power Point, and Visio, to communicate complex topics effectively.

What You Bring:

• Analytical Proficiency: Strong Microsoft Office, data analysis, and presentation skills are essential.
• Excel Expertise: Advanced Microsoft Excel skills, including Index-Match, Vlookup, Text join, Pivot tables, and arrays.
• Data Synthesis: Ability to work with, manipulate, and synthesize large datasets for comprehensive analysis, exploratory data analysis, performance measuring, key insights, and presentation.
• Market Insight: Working knowledge of statistical methods and procedures, with the ability to synthesize data related to market trends, product changes, and financial metrics for pricing recommendations.
• Industry Familiarity: Familiarity with the National Drug Code (NDC), pharmaceutical wholesale pricing strategies, and pharmacy contract pricing nomenclature.
• Experience: Minimum 2 to 5 years of financial and statistical reporting knowledge and experience.
• Education: Associate Degree in Business Management or a related field.

True Rx Health Strategist Benefits:

• Path to Wellness: Health, Vision, & Dental Insurance, Health Savings Account, and Wellness Incentives for a balanced life.
• Financial Fitness: 401k Matching and Employer-Provided Life Insurance to secure your future.
• Work-Life Harmony: Flex Time, Hybrid/Fully Remote Work, Paid Time Off, and 8 Paid Holidays for a well-rounded lifestyle.

Our Story:
We’ve been pharmacy innovators since the Wright Brothers took flight. For more than 120 years, we have been innovating pharmacy solutions and taking care of patients. True Rx Health Strategists is led by a fourth generation of pharmacists. We are family-owned and continue to provide caring service for clients and patients. Our team of pharmacists and strategists delivers proven programs that find maximum savings and minimum disruption by creating a benefits plan that fits the unique needs of clients and patients. Learn more about us here.

Our Mission:

True Rx Health Strategists cultivates health, integrity, innovation, and care to transcend pharmacy benefit solutions for employers and patients.

Learn more about our remarkable team members.

Our Promise:

As a pharmacist-led company, True Rx Health Strategists has an oath to treat members as patients. With our experience as health care providers, we protect companies against waste in health care spending and work hard to improve the health of employees every day. We get to improve lives by treating employees as our patients. Here are a few words from one of those lives.

True Rx Health Strategists hires equally for culture fit and technical skills and experience. If you have the aptitude and attitude, we can help you grow your career through training, mentoring, increasing responsibility, and being around other rock star team members.
 
True Rx Health Strategists is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.