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Full Time Pharmacy Benefit Analyst Jobs (NOW HIRING)

Benefit Analyst

Bolingbrook, IL · Hybrid

$66K - $80K/yr

... Benefits Analyst is a key contributor within the Benefits Team. This role is responsible for ... Full-time positions are eligible for paid time off, health, dental, vision, life and disability ...

Fulfill the essential promise of pharmacy care and help people to live to their healthiest ... Summary As a Benefit Analyst III, you will be accountable to provide support on the client benefit ...

Fulfill the essential promise of pharmacy care and help people to live to their healthiest ... Summary As a Benefit Analyst III, you will be accountable to provide support on the client benefit ...

The Pharmacy Business Analyst for our Medicare Advantage Plan will play a critical role in analyzing pharmacy data and supporting the development and implementation of pharmacy benefit strategies.

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Full Time Pharmacy Benefit Analyst information

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$38.5K

$72.3K

$113K

How much do full time pharmacy benefit analyst jobs pay per year?

As of Aug 31, 2026, the average yearly pay for full time pharmacy benefit analyst in the United States is $72,338.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,000.00 and $82,500.00 per year, depending on experience, location, and employer.

What is a full time pharmacy benefit analyst?

A Full Time Pharmacy Benefit Analyst is a professional who evaluates and manages prescription drug benefits for health plans, employers, or pharmacy benefit management (PBM) companies. They analyze drug utilization data, review formularies, and help optimize cost-effectiveness and quality of care for members. These analysts also collaborate with pharmacists, insurance providers, and data teams to ensure that pharmacy benefits meet regulatory standards and organizational goals. Their work supports strategic decisions aimed at improving patient outcomes and managing prescription drug costs.

What are the typical challenges a full time pharmacy benefit analyst faces when managing formulary updates and benefit changes?

A Full Time Pharmacy Benefit Analyst often encounters challenges such as staying current with frequent changes in drug pricing, formulary updates, and regulatory requirements. Coordinating updates across multiple systems and ensuring accuracy can be complex, especially when working with cross-functional teams like IT, clinical staff, and client services. Analysts must also communicate changes effectively to stakeholders and address any issues related to member impact or compliance. Strong attention to detail and adaptability are essential to succeed in this dynamic environment.

What are the key skills and qualifications needed to thrive as a full time pharmacy benefit analyst, and why are they important?

A Full Time Pharmacy Benefit Analyst typically requires strong analytical skills, knowledge of pharmacy benefit management (PBM) practices, and a degree in pharmacy, healthcare, or a related field. Familiarity with PBM software, claims processing systems, and advanced Excel or data analysis tools is crucial. Attention to detail, effective communication, and problem-solving abilities help analysts interpret complex data and collaborate with stakeholders. These competencies are vital to optimize benefit plans, ensure regulatory compliance, and support cost-effective, patient-centered outcomes.

What is the difference between Full Time Pharmacy Benefit Analyst vs Part Time Pharmacy Benefit Analyst?

AspectFull Time Pharmacy Benefit AnalystPart Time Pharmacy Benefit Analyst
Work HoursTypically 35-40 hours per weekLess than 30 hours per week
ResponsibilitiesFull scope of benefit analysis, claims review, and reportingLimited scope, often focused on specific tasks
CredentialsUsually requires pharmacy or healthcare-related certificationsSame as full-time, but may have more flexible requirements
Work EnvironmentOffice-based, healthcare or insurance companiesSimilar environment, often with remote options

Full Time Pharmacy Benefit Analysts typically work standard hours, handling comprehensive benefit analysis and reporting. Part Time Pharmacy Benefit Analysts work fewer hours with focused responsibilities. Both roles require similar credentials and work in comparable environments, but full-time positions offer more stability and scope.

What cities are hiring for Full Time Pharmacy Benefit Analyst jobs?

Cities with the most Full Time Pharmacy Benefit Analyst job openings:

What are the most commonly searched types of Pharmacy Benefit Analyst jobs?

The most popular types of Pharmacy Benefit Analyst jobs are:

What states have the most Full Time Pharmacy Benefit Analyst jobs?

States with the most job openings for Full Time Pharmacy Benefit Analyst jobs include:

Pharmacy Benefit Audit Analyst

Miami, FL

Full-time

Re-posted 18 days ago


Job description

Specific job functions include:

· Review and understand PBM contracts for all relevant pricing terms

· Review and understand plan design documents provided by PBM or client

· Utilize company’s proprietary Compliance Model

· Calculate client contractual financial guarantees, admin fees, rebates and other terms as required by client contract

· Assemble audit reports and summarize findings

· Document all potential issues and track decisions

· Collaborate with account management and pharmacy consultants to discuss results with clients and vendors

· Provide documentation during follow-up negotiations and discussions

· Work with IT to further develop Compliance Model logic and capabilities

· Assist in other financial projects as needed

Requirements:

· Bachelor’s degree in Business, Finance, or other health related field

· At least 3 years of either a) pharmacy benefit audit or b) claim adjudication research experience on one or more PBM platforms

· Working knowledge of the PBM industry and pharmacy benefit claims

Desired Skills:

· Proficient in Microsoft Office, with extensive experience working with Excel

· Basic SQL query building

· Strong verbal and written communication skills

· Detail-oriented

· Solid, independent worker (this position will likely be based in the applicant’s home)

· Pharmacy Technician Certification (preferred)

Company Description

Leading specialty benefits management company in Puerto Rico and South Florida. Our innovative care management model integrates the needs of providers, payors and members to ensure the delivery of high quality, cost effective care while realizing substantial millions of dollars savings that keep the cost of healthcare down.

We are building a model for managing care delivery that embodies traditional values, promises reliability, and embraces flexibility and technology. Through our experience in the healthcare industry, the company aims to improve healthcare outcomes, achieve cost savings and serve as a single point of contact to move into value-based care.