Walgreens

Rx Pricing & Underwriting Analyst

Posted on: 12 Apr 2021

Deerfield, IL

Job Description

Job Summary
Responsible for conducting financial modeling by collecting and analyzing data to make underwriting and pricing recommendations. Additionally, this position will lead the data analytics, collaborate with internal business partners to develop financial forecast models and supporting documentation, and communicate the end result of such analysis to internal leadership.

Job Responsibilities

* Queries, reviews, and analyzes data and prepares analytics, including pricing and financial models leveraging advanced Microsoft Excel, Microsoft Access, SQL techniques, for opportunities received from pharmacy benefit managers, health plans and/or health care consultants.
* Utilizes advanced level skill Microsoft Excel to create and maintain advanced forecasting and underwriting models (for example: creating a pivot table, creating Macros, using VLOOKUP, INDEX + MATCH, SUMIFS, Troubleshooting Formula Errors, and Formula Auditing).
* Utilizes intermediate level skill of Microsoft Access, SAS, and SQL to query and analyze large and complex data sets. (For example: creating parameter and action queries, joining tables, creating cross-tab queries, and using Macros to provide user interaction and automate tasks).
* Responsible for tracking, analysis, reporting, automation efforts, and recommendation of process improvements in order to support and enhance current pricing mechanisms.
* Identifies and solves pricing problems by performing analysis that involves retrieving and analyzing both internal data and data received from a third party.
* Analyzes data and sets of data so that you become accountable for the results portrayed by that analysis
* Utilizes standard operating procedures to investigate and respond to inquiries from internal business partners regarding pricing for various lines of business including retail, specialty, immunizations, and clinics.
* Provides reimbursement rate recommendations based on complex pricing models for multimillion dollar opportunities
* Communicates and collaborates with business partners (at all levels of the organization) in other functional areas, including finance, reporting, operations, business development, and sales.
* Presents pricing proposal recommendations, data analysis, and financial models to management and leadership on a regular basis.
* Prepares Senior level executive documentation of pricing proposal financial metric recommendations (Executive Governance Memos).

An Equal Opportunity Employer, including disability/veterans

Walgreens (www.walgreens.com) is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a global leader in retail and wholesale pharmacy. As Americas most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services. To best meet the needs of customers and patients, Walgreens offers a true omnichannel experience, with platforms bringing together physical and digital, supported by the latest technology to deliver high-quality products and services in local communities nationwide.

Walgreens

Deerfield, IL

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, beauty, personal care, consumable, and general merchandise products through its retail drugstores and convenient care clinics. It also provides specialty pharmacy services and mail services; and manages in-store clinics. As of August 31, 2018, this segment operated 9,560 retail stores under the Walgreens and Duane Reade brands in the United States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations.

The Retail Pharmacy International segment sells prescription drugs; and health, beauty, personal care, and other consumer products through its pharmacy-led health and beauty stores and optical practices, as well as through boots.com and an integrated mobile application. This segment operated 4,767 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 618 optical practices, including 167 on a franchise basis.

The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home healthcare supplies and equipment, as well as provides related services to pharmacies and other healthcare providers. This segment operates in the United Kingdom, Germany, France, Turkey, Spain, the Netherlands, Egypt, Norway, Romania, the Czech Republic, and Lithuania. The company has a strategic partnership with Microsoft Corporation. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

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