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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Senior Analyst, Financial Performance – Network Pricing Business Analyst

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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 Determined to transform an outdated model, Capital Rx’s mission is to change the way prescription benefits are priced and administered in the US, unlocking enduring social change.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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  • Support the Company’s pharmacy network pricing function with high quality analysis
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  • Ensure pharmacy network pricing is accurately produced and maintained, including coordination with other business functions
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  • Lead the implementation, management, and updates of drug lists in accordance with pharmacy contracts or client requests
  • \n
  • Monitor pharmacy network or client drug lists to ensure alignment with industry-standard drug information sources and databases, such as Medi-Span and FDB, and implement required changes based on GPI or other drug-level attributes
  • \n
  • Develop financial models and reporting to support pharmacy access and client-facing specialty drug lists
  • \n
  • Identify potential network pricing variances and drive timely resolution
  • \n
  • Collaborate with other business functions (clinical, underwriting, finance, network) to design, refine, and maintain internal pricing, modeling, and reporting SOPs
  • \n
  • Support analysis and development of pricing models with a focus on continual process improvement
  • \n
  • Support general business needs or ad-hoc analysis, as required
  • \n
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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, Economics, Mathematics, or Business Administration
  • \n
  • 2+ years of proven experience in financial analysis, actuarial services, accounting, pricing and underwriting, network pricing, or pricing operations
  • \n
  • Prior PBM experience highly preferred
  • \n
  • The ideal candidate will understand pharmacy pricing dynamics and have experience evaluating the financial performance of pharmacy plans with a focus on accuracy and attention to detail
  • \n
  • Experience working with structured and unstructured data
  • \n
  • Highly analytical; demonstrable knowledge of SQL, Excel, or other data visualization tools (Python or R experience preferred though not required)
  • \n
  • Track record of leading cross-functional initiatives, driving high performance, meeting deadlines and executing on deliverables
  • \n
  • Strong attention to detail combined with intellectual and professional curiosity
  • \n
  • Ability to balance multiple complex projects simultaneously
  • \n
  • Exceptional written and verbal communication skills
  • \n
  • Extremely flexible, highly organized, and able to easily shift priorities
  • \n
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Base Salary: $80,000 - $110,000

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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","datePosted":"2023-10-25T10:11:55.682Z","validThrough":"2023-12-08","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"}}

Senior Analyst, Financial Performance - Network Pricing Business Analyst

Capital Rx

Capital Rx

IT, Accounting & Finance
New York, NY, USA · Remote
Posted on Wednesday, October 25, 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

Senior Analyst, Financial Performance – Network Pricing Business Analyst

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:

  • Support the Company’s pharmacy network pricing function with high quality analysis
  • Ensure pharmacy network pricing is accurately produced and maintained, including coordination with other business functions
  • Lead the implementation, management, and updates of drug lists in accordance with pharmacy contracts or client requests
  • Monitor pharmacy network or client drug lists to ensure alignment with industry-standard drug information sources and databases, such as Medi-Span and FDB, and implement required changes based on GPI or other drug-level attributes
  • Develop financial models and reporting to support pharmacy access and client-facing specialty drug lists
  • Identify potential network pricing variances and drive timely resolution
  • Collaborate with other business functions (clinical, underwriting, finance, network) to design, refine, and maintain internal pricing, modeling, and reporting SOPs
  • Support analysis and development of pricing models with a focus on continual process improvement
  • Support general business needs or ad-hoc analysis, as required

Required Qualifications:

  • Undergraduate bachelor’s degree, with record of strong academic performance in Accounting, Finance, Actuarial Science, Statistics, Economics, Mathematics, or Business Administration
  • 2+ years of proven experience in financial analysis, actuarial services, accounting, pricing and underwriting, network pricing, or pricing operations
  • Prior PBM experience highly preferred
  • The ideal candidate will understand pharmacy pricing dynamics and have experience evaluating the financial performance of pharmacy plans with a focus on accuracy and attention to detail
  • Experience working with structured and unstructured data
  • Highly analytical; demonstrable knowledge of SQL, Excel, or other data visualization tools (Python or R experience preferred though not required)
  • Track record of leading cross-functional initiatives, driving high performance, meeting deadlines and executing on deliverables
  • Strong attention to detail combined with intellectual and professional curiosity
  • Ability to balance multiple complex projects simultaneously
  • Exceptional written and verbal communication skills
  • Extremely flexible, highly organized, and able to easily shift priorities

Base Salary: $80,000 - $110,000

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