Analyst, Government Pricing

Company Navitus About Us Navitus - Putting People First in Pharmacy - Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other._____________________________________________________________________________________________________________________________________________________________________________________________________________. Current associates must use SSO login option at https://employees-navitus.icims.com/ to be considered for internal opportunities. ____________________________________________________We are committed to providing equal employment opportunity to all applicants and employees and comply with all applicable nondiscrimination regulations, including those related to protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or handicap. Pay Range USD $63,827.16 - USD $76,900.19 /Yr. STAR Bonus % (At Risk Maximum) 5.00 - Salaried Non-Management except pharmacists Work Schedule Description (e.g. M-F 8am to 5pm) M-F 8am to 5pm Remote Work Notification ATTENTION: Navitus is unable to offer remote work to residents of Alaska, Hawaii, Maine, Mississippi, New Hampshire, New Mexico, North Dakota, Rhode Island, South Carolina, South Dakota, West Virginia, and Wyoming. Overview Due to growth, we are adding an Analyst, Government Pricing to our team. The Analyst, Government Pricing is responsible for the development, maintenance, and administration of Medicaid FFS drug pricing methodologies and supporting analytical models. This role ensures accurate, compliant, and competitive reimbursement aligned with federal and state Medicaid requirements, including NADAC, CMS guidance, and HRSA 340B pricing constraints. The Analyst, Government Pricing supports Statements of Work (SOWs), pricing exhibits, and regulatory submissions through detailed financial modeling, data manipulation, and ongoing maintenance of pricing assumptions. This position works cross functionally with compliance, finance, legal, government programs, and client teams to ensure Medicaid pricing integrity, transparency, and audit readiness. Is this you? Find out more below! Responsibilities How do I make an impact on my team? Maintain and administer Medicaid fee for service drug pricing methodologies in accordance with federal and state Medicaid requirements. Monitor and incorporate National Average Drug Acquisition Cost (NADAC) updates and related CMS guidance into pricing models and operational systems. Evaluate and apply HRSA 340B ceiling price considerations and exclusions as applicable to Medicaid reimbursement models. Ensure pricing methodologies align with state specific Medicaid reimbursement rules and contractual requirements. Accountable to cross-walk FDB to Medispan or visa versa to ensure compliance with State Medicaid Prescription Drug List and ensure ongoing reconciliation and updates. Support compliance with federal and state audit, reporting, and transparency expectations related to Medicaid drug pricing. Maintain and manage industry pricing and reference sources, including but not limited to Medi Span multisource and product codes (e.g., MONY indicators), NADAC pricing files, and HRSA 340B ceiling price date. Validate integrity, completeness, and timeliness of reference data used in pricing and modeling and resolve or escalate discrepancies. Assess industry changes that may impact Medicaid pricing assumptions or reimbursement outcomes. Maintain, and update financial models supporting Statements of Work (SOWs) for Medicaid fee for service pricing arrangements. Perform detailed pricing impact analyses to support SOW development, amendments, and renewals. Manipulate and analyze large data sets specific to SOW requirements, pricing guarantees, and reimbursement terms. Partner with internal stakeholders to ensure SOW pricing assumptions are accurate, documented, and supportable. Other duties as assigned. Qualifications What our team expects from you? Bachelor’s degree in Finance, Economics, Healthcare Administration, Data Analytics, or related field, or equivalent work experience, required. 3+ years of experience in PBM, Medicaid pharmacy programs, managed care, healthcare analytics, or pricing analysis required. Experience preparing documentation, reporting, and analysis to support internal reviews, regulatory inquiries, audits, and client requests required. Experience supporting Medicaid fee‑for‑service drug pricing methodologies in alignment with federal and state Medicaid requirements preferred. Experience working with industry pricing and reference sources, including Medi Span multisource and product codes (e.g., MONY indicators), NADAC pricing files, and HRSA 340B ceiling price data preferred. Experience conducting pricing impact analyses and maintaining financial models to support Medicaid Statements of Work (SOWs), amendments, and renewals preferred. Participate in, adhere to, and support compliance program objectives. The ability to consistently interact cooperatively and respectfully with other employees. What can you expect from Navitus? Top of the industry benefits for Health, Dental, and Vision insurance 20 days paid time off 4 weeks paid parental leave 9 paid holidays 401K company match of up to 5% - No vesting requirement Adoption Assistance Program Flexible Spending Account Educational Assistance Plan and Professional Membership assistance Referral Bonus Program – up to $750! #LI-Remote Location : Address Remote Location : Country US