PBM Contracts, Rebates, and Guarantees Analyst - REMOTE

We wanted a PBM that worked better… so we created one.

Southern Scripts, the leading disruptor in the PBM industry, simplifies the complexities of navigating through the Pharmacy Benefit Manager world by offering a value-added approach to ensure the employer absolute freedom, control, and choice to their health plan structure without compromising patient experiences and outcomes. We improve healthcare and reduce rising prescription costs for employers and their employees. We are looking for individuals who are passionate, strong, and committed to developing systems and service solutions that promote our business goals and commitments.

Southern Scripts is searching for incredible talent! We continue to experience accelerated growth in a rapidly changing industry. There's never been a better time to join our team.

We are currently seeking a PBM Contracts, Rebates, and Guarantees Analyst. This is a fully remote/work from home position.

The Southern Scripts' PBM Contracts, Rebates, and Guarantees Analyst is responsible for the complex business review of PBM Agreements (i.e., contracts, amendments, rebates) and completing assigned data entry tasks at the direction of the Chief Product Officer and as it pertains to the PBM Agreements in accordance with the policies and practices of Southern Scripts. The PBM Contracts, Rebates, and Guarantees Analyst will also:

Client Discount Guarantee Management

• Monitor and measure performance relative to pricing commitments made to clients
• Maintain accurate database of financial commitments
• Create and distribute internal guarantee tracking reports
• Provide clarity to the Executive team as to how much financial risk is present at any given time
• Devise solutions for when course corrections are necessary
• Provide recommendations to internal stakeholders for appropriate contractual and proposal language
• Engage with clients and consultants on guarantee results and audits
• Research pricing questions from both internal and external stakeholders

Pharmaceutical Rebate Analysis

• Track and report results for certain special case clients
• Communicate with internal stakeholders on rebate collection results, status, and future expectations
• Estimate rebate yields for new prospects
• Reconcile rebate payments to expectations, historical records, and contractual obligations
• Engage with clients and consultants on questions, results and audits
• Abide by all obligations under HIPAA related to Protected Health Information (PHI).
• If a HIPAA violation is discovered, whether individually or by another, you must report the violation to the Compliance Officer and/or Human Resources.
• Attend, complete, and demonstrate competency in all required HIPAA Training offered by the company.
• Flexibility to understand, appreciate and embrace that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice

• Requires income statement and ad hoc financial experience.
• Must possess excellent writing skills.
• Requires experience and proven analytical skills in Excel Spreadsheets.
• Prefer experience in healthcare, PBM, workers' compensation, and/or insurance industry.

Supervisory Responsibility

There is no supervisory responsibility with this position.

• Full-time/Salaried/Exempt.
• Some flexibility in hours is allowed, but the employee must be available during the "core" work hours of 8:00AM to 5:00PM CT. We cover clients from West to East Coast, work times must be adjusted to cover meetings in all time zones. Ability to work extended hours, weekends and holidays pursuant with industry demands.

No travel expected for this position.

• Bachelor's degree plus one to three years related experience and/or training; or equivalent combination of education and experience.

What We Have to Offer

Our benefits package is designed to keep our employees happy and healthy - physically, mentally and financially.

• Medical, Dental, Vision insurance
• Disability and Life insurance
• Employee Assistance Program
• Remote work options
• Generous Paid-Time Off
• Annual Reviews and Development Plans
• Retirement Plan with company match immediately 100% vested

Southern Scripts, LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Southern Scripts complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Southern Scripts expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Southern Scripts employees to perform their job duties may result in discipline up to and including discharge. EOE M/F/V/D