Senior Business Analyst – Pharmacy Benefit Management

Business AnalystBusiness AnalystOtherRemoteSeniorTeam 10,001+H1B SponsorCompany SiteLinkedIn

Location

Texas

Posted

4 days ago

Salary

$69.4K - $99.2K / year

Seniority

Senior

Bachelor Degree5 yrs expEnglishSQL

Job Description

• Lead requirements gathering sessions with business stakeholders, SMEs, and cross-functional teams. • Translate business needs into detailed Business Requirements Documents (BRDs), Functional Requirements Documents (FRDs), user stories, process flows, and data mappings. • Analyze and document current and future-state workflows within PBM operations. • Demonstrate strong knowledge of the pharmacy claims adjudication lifecycle, including: Member eligibility validation, Formulary checks, Benefit plan design, Prior authorization, DUR (Drug Utilization Review), Copay/coinsurance calculation, Rejections and overrides. • Work closely with IT teams to support system enhancements, integrations, and defect resolution. • Participate in system design discussions and provide functional guidance to developers. • Support EDI transactions including NCPDP standards. • Create test plans, test cases, and support SIT/UAT activities. • Perform data analysis using SQL or similar tools to validate requirements and results. • Ensure compliance with regulatory requirements (CMS, HIPAA). • Identify process improvement opportunities and recommend solutions.

Job Requirements

  • 5+ years of experience as a Business Analyst in a PBM environment
  • Strong understanding of PBM operations and pharmacy claims adjudication
  • Experience with Medicaid plans
  • Proven experience gathering and documenting detailed business and functional requirements
  • Familiarity with NCPDP standards and EDI transactions
  • Strong analytical and problem-solving skills
  • Experience working in Agile, Scrum, or Waterfall environments
  • Excellent communication and stakeholder management skills
  • Basic to intermediate SQL for data validation and analysis
  • Familiarity with APIs, system integrations, and data mapping
  • Understanding of system architecture and data flow diagrams

Benefits

  • generous, flexible vacation policy
  • educational assistance
  • comprehensive health benefits
  • 401(k) employer match
  • leadership and technical development academies

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