NFP, an Aon company · 6 hours ago
Pharmacy Benefit Financial Associate
Chesterfield, MO
Full-time
Onsite
Entry Level
$57K/yr - $75K/yr
2+ years expNFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. The Pharmacy Benefit Financial Associate (PBFA) acts as the liaison between sales, consulting, brokers, and other key stakeholders while managing the RFP process and proposal development.
ConsultingFinancial ServicesInsuranceInsurTechWealth Management
Responsibilities
Develop and maintain effective working relationships in a liaison role between internal and external stakeholders
Communicate “Our Value Added Service”
Knowledgeable on the VPS and PBM marketplace, including carrier contacts and services, as well as carrier underwriting requirements
Keep leadership fully informed of all important activities during the RFP process
Assist in communications between client, broker, PBM companies and NFP legal team in order to resolve problems specific to individual client requirements
Accountable for accurate and timely preparation of RFP workbooks, as well as overall high-quality communication, execution, and preservation of all documents
Responsible for assisting on strategic initiatives and providing analytical support to the sales and consulting teams
Review prescription drug usage patterns, and demographic information to ensure accuracy in financial and clinical outcomes
Support team in the presentation of outcomes, processes, and RFP criteria to internal and external stakeholder
Support the development of pricing strategies and contract negotiations with existing pharmacy benefit partners and third-party vendors
Ensure adherence to regulatory requirements and PBM policies related to drug pricing and coverage
Keep all information on prospects accurate and up to date in the Zoho CRM, and Monday.com software, or any other software that is introduced in the future
Present a positive image of self and of VPS / NFP, in and out of the office
Help with research and answer questions presented by the client regarding quotes, contracts, benefits, and rates
Collaborate with Project Management on the execution of legal documents required for the RFP process and their appropriate dissemination i.e., BAA, NDA, LOE, PHI releases, etc
Qualification
Required
Bachelor's degree required
Knowledge of the Employee Benefits industry, and PBM specifically
Ability to interpret industry policies and contract documents, proposals, and other documentation
Ability to respond efficiently and accurately to common inquiries or complaints from customers or carrier
Ability to effectively present information to key stakeholders
Excellent oral and written communication skills and command of the English language
Ability to apply basic mathematical concepts such as percentages, adding, subtracting, multiplying and division to required tasks
High degree of critical thinking, organizational and decision-making skills
High degree of initiative
High degree of attention to detail
Ability to function independently with minimal supervision
Ability to prioritize multiple projects and meet objectives and deadlines established by supervisor and clients, often with short turnaround times
Ability to maintain positive and beneficial relationships with department staff, numerous internal departments, external customers, agents, and subscribers
Proficiency in MS Teams, Excel, Word, Outlook, and PowerPoint
Ability to comply with company confidentiality requirements as well as with HIPAA and other applicable government regulations
Preferred
Prefer minimum of 2 years' experience in PBM or related industry
Benefits
PTO & paid holidays
401(k) with match
Exclusive discount programs
Health & wellness programs
Company
NFP, an Aon company
NFP, an Aon company, helps companies and individuals address today’s most significant Risk Capital and Human Capital challenges.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$948.45MKey Investors
HPS Investment Partners
2023-12-20Acquired
2018-05-10Post Ipo Equity· $198.45M
2017-02-17Post Ipo Equity· $750M
Leadership Team
Douglas Hammond
CEO
Caleb Noel
Executive Vice President, Chief Financial Officer
Recent News
Company data provided by crunchbase