Business Analyst, Principal

Business Analyst, Principal

Your Role

The Pharmacy team provides pharmacy benefit management services and strategies to support Blue Shield affordability and membership goals. The Principal Business Analyst, Pharmacy Programs will report to the Sr. Manager, Pharmacy Programs. In this role you will support cross functional processes to document, monitor, evaluate and reconcile pharmacy performance guarantee programs.

Your Work

In this role, you will:

• Develop, analyze and monitor pharmacy performance guarantee data to monitor/report performance and outcomes and to identify opportunities to optimize the programs
• Develop project requirements including data transfer, reporting, validation, financial system, and dashboards for implementation with service providers
• Serve as a BSC Pharmacy Services contact and subject matter expert to stakeholders, and manage external relationships (vendors, clients) related to assigned work
• Leverage various data sources and reports to create executive summaries and actionable plans to support performance management
• Work cross functionally as appropriate to validate opportunities and support initiative roadmap planning by lines of business
• Partner with analytics team to leverage data repositories and reports to create and/or enhance pharmacy dashboard to support performance monitoring

Your Knowledge and Experience

• Requires a Bachelors degree or equivalent experience
• Requires at least 10 years of prior relevant experience
• Requires mastery level knowledge of job area typically obtained through advanced education combined with experience. May have deep knowledge of project management
• Possesses strong business acumen with proven experience in thinking strategically
• Demonstrated ability to interpret analytic results and provide recommendations to leadership team
• Demonstrated ability to successfully work with other functional departments within a health plan
• Possesses excellent verbal and written skills with ability to convey and understand complex ideas
• Detail-oriented with the ability to work in a fast-paced environment. Exhibits 'can do' attitude and solution-oriented approach to resolve challenges
• Able to work independently with minimum direction or supervision
• Possesses strong collaboration and partnership skills in a matrixed work environment
• Demonstrate ability to manage challenging situations in a positive and constructive manner
• Produces accurate work under tight deadlines

Pay Range:

The pay range for this role is: $ 114,400.00 to $ 171,600.00 for California.

Note:

Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.