Exceptional scientific and engineering teams solving real problems

Explore opportunities with early to growth stage companies across Health Tech / Biopharma, Enterprise Software, and Industrial / Clean Tech.

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Department

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Job Title

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Capital Rx is redefining the way prescriptions are priced and administered in the U.S. Capital Rx unlocks the pharmacy supply chain and reduces prescription costs for employer groups. By establishing a competitive marketplace for drug pricing, Capital Rx focuses its resources on deploying actionable strategies that improve plan performance and patient outcomes. The company's commitment to innovation, technology, and service is why Capital Rx is the fastest-growing pharmacy benefit manager in America.

\nApply For This Position

Finance

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Manager, Rebate Administration

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Location: Remote (For Non-Local) or Hybrid (Local to NYC area)

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About Capital Rx

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Capital Rx is a next generation pharmacy benefits manager, overseeing prescription benefit plans on behalf of employers, unions, and government entities. Determined to transform an outdated model, Capital Rx’s mission is to change the way prescription benefits are priced and administered in the US, unlocking enduring social change. Through our platform approach, Capital Rx delivers data-driven insights and actionable strategies that reduce costs, while improving patient outcomes. Our commitment to innovation, technology and service is the reason why Capital Rx is among the fastest-growing PBMs in the country.

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Position Responsibilities:

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  • Lead and perform analysis of current and prospective vendor partnerships
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  • Lead evaluation of rebate performance and perform client-level/ book-of-business reconciliation analyses
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  • Lead continued development and maintenance of rebate reporting infrastructure
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  • Collaborate with Leadership Team and other business functions (clinical, underwriting, finance) to design, refine, and maintain internal pricing, financial modeling, and financial reporting SOPs
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  • Support general business needs, as required
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Required Qualifications:

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  • Undergraduate bachelor’s degree, with record of strong academic performance in Accounting, Finance, Actuarial Science, Statistics, or Economics
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  • Advanced degree preferred, but not required
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  • 5+ years of proven experience in financial analysis, actuarial services, accounting, pricing & underwriting
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  • Ideal candidate will understand pharmacy pricing dynamics and have experience evaluating financial performance of pharmacy plans
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  • Experience working with structured and unstructured data
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  • Proficient in SQL, Excel, and other data visualization tools
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  • Track record of leading cross-functional initiatives, driving high performance, meeting deadlines, and executing on deliverable
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  • Ability to balance multiple complex projects simultaneously
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  • Exceptional written and verbal communication skills
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  • Extremely flexible, highly organized, and able to shift priorities easily
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Base Salary: $102,000 - $120,000

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This range represents the low and high end of the anticipated base salary range for the NY - based position. The actual base salary will depend on several factors such as: experience, knowledge, and skills, and if the location of the job changes.

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Capital Rx values a diverse workplace and celebrates the diversity that each employee brings to the table. We are proud to provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

\nApply For This Position\n
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\n\n\n\n
\n","datePosted":"2023-08-24T09:22:47.143Z","validThrough":"2024-02-13","employmentType":[],"hiringOrganization":{"@type":"Organization","name":"Capital Rx","description":"Capital Rx is a healthcare technology company advancing our nation’s electronic healthcare infrastructure to improve drug price visibility and patient outcomes. As a Certified B Corp™, the company is executing its mission through the deployment of JUDI®, Capital Rx’s cloud-native enterprise health platform, and an efficient Single-Ledger Model™, which increases visibility and reduces variability in drug prices. JUDI connects every aspect of the pharmacy ecosystem in one platform, servicing over 2.4 million members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of pharmacy benefits and rebuilding trust in healthcare.","numberOfEmployees":442,"address":[{"address":{"@type":"PostalAddress","addressLocality":"New York, NY, USA"}}],"sameAs":"https://cap-rx.com","url":"https://cap-rx.com","logo":"https://cdn.filestackcontent.com/BNNQJUyhRZO8dsnQbktP","memberOf":{"@type":"Organization","name":"Emerald Development Managers LP","description":"Early stage growth equity investments:\\r\\n-Core team’s extensive experience in all facets of company development, risk analysis, investment and management\\r\\n-Use of a highly disciplined and proven investment strategy to maximize returns\\r\\n-Strong structural and technological expertise in targeted investment markets\\r\\n-Successful investment track record spanning more than 20 years","logo":"https://cdn.filestackcontent.com/CcQXTlSTQGSJkpwgVQcV","url":"careers.emeraldmanagers.com"},"keywords":"Health"},"jobLocationType":"TELECOMMUTE","jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"New York, NY, USA"}},"applicantLocationRequirements":{"@type":"Country","name":"Earth"}}

Manager, Rebate Administration

Capital Rx

Capital Rx

New York, NY, USA · Remote
Posted on Thursday, August 24, 2023

Department

Job Title

Capital Rx is redefining the way prescriptions are priced and administered in the U.S. Capital Rx unlocks the pharmacy supply chain and reduces prescription costs for employer groups. By establishing a competitive marketplace for drug pricing, Capital Rx focuses its resources on deploying actionable strategies that improve plan performance and patient outcomes. The company's commitment to innovation, technology, and service is why Capital Rx is the fastest-growing pharmacy benefit manager in America.

Apply For This Position

Finance

Manager, Rebate Administration

Location: Remote (For Non-Local) or Hybrid (Local to NYC area)

About Capital Rx

Capital Rx is a next generation pharmacy benefits manager, overseeing prescription benefit plans on behalf of employers, unions, and government entities. Determined to transform an outdated model, Capital Rx’s mission is to change the way prescription benefits are priced and administered in the US, unlocking enduring social change. Through our platform approach, Capital Rx delivers data-driven insights and actionable strategies that reduce costs, while improving patient outcomes. Our commitment to innovation, technology and service is the reason why Capital Rx is among the fastest-growing PBMs in the country.

Position Responsibilities:

  • Lead and perform analysis of current and prospective vendor partnerships
  • Lead evaluation of rebate performance and perform client-level/ book-of-business reconciliation analyses
  • Lead continued development and maintenance of rebate reporting infrastructure
  • Collaborate with Leadership Team and other business functions (clinical, underwriting, finance) to design, refine, and maintain internal pricing, financial modeling, and financial reporting SOPs
  • Support general business needs, as required

Required Qualifications:

  • Undergraduate bachelor’s degree, with record of strong academic performance in Accounting, Finance, Actuarial Science, Statistics, or Economics
  • Advanced degree preferred, but not required
  • 5+ years of proven experience in financial analysis, actuarial services, accounting, pricing & underwriting
  • Ideal candidate will understand pharmacy pricing dynamics and have experience evaluating financial performance of pharmacy plans
  • Experience working with structured and unstructured data
  • Proficient in SQL, Excel, and other data visualization tools
  • Track record of leading cross-functional initiatives, driving high performance, meeting deadlines, and executing on deliverable
  • Ability to balance multiple complex projects simultaneously
  • Exceptional written and verbal communication skills
  • Extremely flexible, highly organized, and able to shift priorities easily

Base Salary: $102,000 - $120,000

This range represents the low and high end of the anticipated base salary range for the NY - based position. The actual base salary will depend on several factors such as: experience, knowledge, and skills, and if the location of the job changes.

Capital Rx values a diverse workplace and celebrates the diversity that each employee brings to the table. We are proud to provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Apply For This Position