Senior Rx Pricing & Underwriting Analyst – Work From Home | Healthcare Data Analytics & Economic Modeling Position

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About arenaflex

Welcome to arenaflex, a leading name in retail pharmacy and healthcare services across the United States. As part of the Retail Pharmacy USA Division of arenaflex Boots Alliance, Inc., we take pride in being one of America's most trusted pharmacy, health, and beauty companies. Our mission is to champion the health and well-being of every community we serve. With thousands of retail locations nationwide, we're committed to delivering exceptional healthcare services and innovative solutions that make a real difference in people's lives.

At arenaflex, we believe that our people are our greatest asset. We foster a collaborative, inclusive workplace where innovation thrives, and every team member has the opportunity to grow and excel. Join us in our mission to transform healthcare delivery and provide unparalleled support to millions of customers across the nation.

Position Overview

We are currently seeking a highly skilled and motivated Senior Rx Pricing & Underwriting Analyst to join our dynamic team in a fully remote capacity. This is an exciting opportunity for a detail-oriented professional with strong analytical capabilities to contribute to our pricing and underwriting operations. The ideal candidate will leverage advanced data analytics skills to develop complex economic models, provide strategic pricing recommendations, and collaborate with cross-functional stakeholders to drive business success.

This position offers the flexibility of working from home while playing a critical role in shaping our pricing strategies for multi-billion dollar opportunities in the pharmacy benefit management (PBM) space. If you're passionate about healthcare analytics, thrive in a fast-paced environment, and want to be part of a team that's redefining pharmacy care, we encourage you to apply today.

Key Responsibilities

As a Senior Pricing Analyst at arenaflex, you will be responsible for conducting sophisticated economic modeling and analysis to develop underwriting and pricing recommendations. Your insights will directly impact business decisions and help maintain our competitive edge in the healthcare marketplace.

• Data Analysis & Modeling: Query, review, and analyze complex datasets to prepare comprehensive analytics, including pricing and economic models. Utilize advanced Microsoft Excel, Microsoft Access, and SQL techniques to extract meaningful insights from data provided by pharmacy benefit managers, health plans, and healthcare consultants.


• Advanced Excel Expertise: Create and maintain sophisticated forecasting and underwriting models using advanced Excel functions, including pivot tables, macros, VLOOKUP, INDEX + MATCH, SUMIFS, formula auditing, and troubleshooting techniques.


• Database Management: Employ intermediate to advanced-level skills in Microsoft Access, SAS, and SQL to query and analyze large, complex datasets. Develop parameter and action queries, create table joins, build cross-tab queries, and implement macros to automate tasks and enhance user interaction.


• Process Improvement: Assume responsibility for ongoing monitoring, analysis, reporting, and automation efforts. Identify opportunities for process improvements that enhance and modernize existing pricing mechanisms.


• Problem Resolution: Identify and resolve pricing challenges by performing in-depth analysis involving both internal statistics and third-party data. Analyze data sets thoroughly and take ownership of the results presented through your analysis.


• Standard Operating Procedures: Utilize and develop standard operating procedures to analyze and respond to inquiries from internal business partners regarding pricing across various lines of business, including retail, specialty, immunizations, and clinics.


• Healthcare Industry Expertise: Apply knowledge of healthcare industries, managed care, or prescription drug industries to provide compensation rate recommendations based on complex pricing models for billion-dollar opportunities.


• Cross-Functional Collaboration: Communicate and collaborate effectively with business partners at all levels across various functional areas, including finance, reporting, operations, business development, and sales.


• Executive Presentations: Present pricing recommendation guidelines, data analysis, and economic models to management and leadership on a regular basis. Prepare senior-level executive documentation of pricing recommendation economic metric pointers (Executive Governance Memos).


• Mentorship: Assist other Pricing & Finance Analysts with the training of analysis and provide guidance on best practices in data analytics and modeling techniques.

Essential Qualifications

To succeed in this role, candidates must possess a unique blend of technical expertise, business acumen, and communication skills. We welcome applications from individuals who meet the following requirements:

• Education: Bachelor's degree in Finance, Economics, Accounting, Math, Business, Actuarial Science, or Pharmacoeconomics; OR a combination of education and experience that provides equivalent knowledge and skills.


• Experience: Minimum of 1 year of work experience in Pharmacy Benefit Management (PBM), Contracting, Finance, Account Management, or Pricing. Alternatively, candidates with a high school diploma/GED must have at least 4 years of experience in PBM, Contracting, Finance, Account Management, or Pricing.


• Analytical Skills: Minimum of 1+ years of pricing/economic analysis or related experience, including experience using Excel for economic data analysis and/or economic modeling.


• Technical Proficiency: Strong knowledge of data, business metrics, and operational processes. Advanced proficiency in Microsoft Excel (including functions like AVERAGE, merging and centering cells, creating pivot tables) and intermediate skills in Microsoft PowerPoint and Word.


• Critical Thinking: Excellent analytical abilities with experience in analyzing and reporting data to identify issues, trends, or exceptions. Strong capability to undertake results, handle ambiguity, resolve problems, make decisions, identify trends/patterns in data sets, and determine root causes.


• Communication: Excellent verbal and written communication skills to present information effectively to executives and leaders throughout the organization.


• Organization: Strong organizational skills with the ability to multi-task concurrent assignments while meeting deadlines with a quality product.


• Customer Service: Experience providing customer service to internal and external clients, including meeting quality standards.


• Travel: Willingness to travel up to 10% of the time for business purposes (within state and out of state).

Preferred Qualifications

While not required, the following qualifications will give candidates a competitive edge:

• Advanced pricing and profitability modeling experience


• Deep familiarity with pharmacy benefit management systems and processes


• Experience working with large healthcare datasets and electronic health records


• Advanced degree (Master's or higher) in a related field


• Professional certifications in analytics, finance, or healthcare administration

Skills & Competencies Required for Success

At arenaflex, we value professionals who bring a diverse set of skills to our team. The ideal candidate will demonstrate:

• Analytical Excellence: Ability to transform raw data into actionable insights that drive strategic decision-making.


• Technical Mastery: Proficient in Microsoft Office suite, with exceptional Excel skills for financial modeling and data analysis.


• Business Acumen: Understanding of healthcare industry dynamics, managed care structures, and prescription drug pricing models.


• Communication Prowess: Capable of translating complex analytical findings into clear, compelling presentations for executive audiences.


• Adaptability: Ability to thrive in a dynamic environment and respond effectively to changing business requirements.


• Attention to Detail: Meticulous approach to data integrity and analysis to ensure accuracy in all deliverables.


• Team Player: Collaborative mindset with the ability to work effectively across functional boundaries.

Career Growth & Learning Opportunities

At arenaflex, we are committed to the professional development of our employees. As a Senior Pricing Analyst, you will have access to:

• Comprehensive training programs and professional development resources


• Mentorship from senior leaders in finance and pricing


• Exposure to cross-functional projects and initiatives


• Career advancement opportunities within our finance, pricing, and analytics teams


• Industry-recognized certifications and continuing education support


• Networking opportunities with professionals across the healthcare industry

Work Environment & Culture

Join a workplace that values innovation, diversity, and inclusion. Our remote work environment offers flexibility and work-life balance while maintaining strong connectivity with our teams. At arenaflex, you'll experience:

• A collaborative team culture that celebrates achievements and supports professional growth


• Access to cutting-edge technology and analytical tools


• A commitment to work-life balance with flexible scheduling options


• Inclusive policies that support diverse backgrounds and perspectives


• Regular team meetings and virtual events to maintain strong connections


• The pride of working for an industry leader committed to community health

Compensation & Benefits

We recognize that our team members are instrumental to our success. arenaflex offers a competitive compensation package that includes:

• Hourly Rate: $28 - $38 per hour (commensurate with experience and qualifications)


• Health Insurance: Comprehensive Medical, Prescription Drugs, Dental, and Vision coverage


• Financial Security: Company-Paid Life Insurance and Voluntary Life & Personal Accident Insurance


• Retirement Savings: 401(k) Retirement Savings Plan with company matching


• Stock Options: Employee Stock Purchase Plan


• Paid Time Off: Generous Paid Time Off (PTO) and holiday pay


• Family Support: Paid Parental Leave (PPL) for growing families


• Commuter Benefits: Transportation Benefit Plan


• Employee Perks: Employee Store Discount and various voluntary benefits

Join Our Team Today

Are you ready to take the next step in your career? At arenaflex, you'll have the opportunity to make a meaningful impact in the healthcare industry while growing professionally and personally. We invite you to apply for this exciting opportunity and become part of a team that's passionate about improving health outcomes for communities across America.

This is your chance to join a company that values innovation, integrity, and excellence. Apply now and discover why arenaflex is a great place to build your career. We look forward to welcoming you to our team!

Note: This position requires a commitment to excellence and the ability to handle sensitive information with discretion. All candidates must pass a background check and drug screening prior to employment.