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Pbm Data Analyst Jobs in Minnesota (NOW HIRING)

Imedica

Pharmacy Analyst III

Minnetonka, MN

$78K - $134K/yr

The ideal candidate will possess strong analytical skills, and an understanding of the healthcare and PBM landscape. Key Accountabilities * Data Mining and Report Development * Leverage analytical ...

Medica

Pharmacy Analyst III

Minnetonka, MN · On-site

$78K - $134K/yr

The ideal candidate will possess strong analytical skills, and an understanding of the healthcare and PBM landscape. Key Accountabilities * Data Mining and Report Development * Leverage analytical ...

2T Consulting

Healthcare Business Analyst

Victoria, MN · On-site

Collaborate with Data Scientists, AI Architects, and technical teams to develop rapid solutions and ... Quickly understand adjacent domains such as pharmacy, PBM, and dispensing businesses. * Identify ...

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All JobsPbm Data Analyst JobsPbm Data Analyst Jobs in Minnesota

Pbm Data Analyst information

See Minnesota salary details

$33.3K

$80.9K

$133.2K

How much do pbm data analyst jobs pay per year?

As of Aug 28, 2026, the average yearly pay for pbm data analyst in Minnesota is $80,939.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,200.00 and $95,000.00 per year, depending on experience, location, and employer.

What is a PBM data analyst?

A PBM Data Analyst is a professional who analyzes data related to Pharmacy Benefit Managers (PBMs), which are companies that manage prescription drug benefits on behalf of health insurers, Medicare Part D drug plans, large employers, and other payers. These analysts collect, process, and interpret large sets of pharmacy and claims data to help organizations optimize drug spending, ensure regulatory compliance, and improve patient outcomes. They often use statistical tools and data visualization software to identify trends, support business decisions, and generate reports for stakeholders. Strong analytical skills, attention to detail, and knowledge of healthcare and pharmacy data are essential for this role.

What are the key skills and qualifications needed to thrive as a PBM data analyst, and why are they important?

To thrive as a PBM Data Analyst, you need strong analytical skills, expertise in data management, and a background in pharmacy benefit management or healthcare analytics, often supported by a relevant degree. Proficiency in SQL, data visualization tools (such as Tableau or Power BI), and familiarity with PBM software systems are typically required. Attention to detail, problem-solving ability, and effective communication are essential soft skills for this role. These competencies are critical for accurately interpreting complex pharmacy data, informing business decisions, and ensuring regulatory compliance within the PBM industry.

What are the common challenges faced by PBM data analysts in ensuring data accuracy and compliance?

PBM Data Analysts often encounter challenges related to the integration and validation of large, complex datasets from multiple pharmacy benefit management systems. Ensuring data accuracy requires meticulous attention to detail and frequent cross-checking with regulatory requirements, as errors can impact patient care and contractual compliance. Analysts must also stay updated on evolving healthcare regulations and privacy laws, which adds complexity to their data management responsibilities. Collaboration with IT, compliance, and clinical teams is crucial to overcome these challenges and maintain high data integrity.

What is the difference between Pbm Data Analyst vs Pbm Data Analyst?

AspectPbm Data AnalystPbm Data Analyst
Required CredentialsBachelor's in Data Science, Analytics, or related field; certifications like CAP or Microsoft Certified Data AnalystBachelor's degree in relevant field; certifications such as CAP or Microsoft Certified Data Analyst are common
Work EnvironmentHealthcare or pharmaceutical companies analyzing medication data and patient informationHealthcare or pharmaceutical settings focusing on medication management and data reporting
Employer & Industry UsageUsed by healthcare providers, pharmaceutical companies, and health plansCommonly employed in healthcare organizations, pharmaceutical firms, and health insurance companies

The Pbm Data Analyst primarily focuses on analyzing pharmacy benefit management data to optimize medication costs and patient outcomes. Since both titles are identical, the comparison emphasizes the typical roles, credentials, and work environments associated with Pbm Data Analysts in healthcare and pharmaceutical industries.

What are popular job titles related to Pbm Data Analyst jobs in Minnesota?

For Pbm Data Analyst jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Pbm Data Analyst jobs in Minnesota look for?

The top searched job categories for Pbm Data Analyst jobs in Minnesota are:

What cities in Minnesota are hiring for Pbm Data Analyst jobs?

Cities in Minnesota with the most Pbm Data Analyst job openings:

Pbm Data Analyst jobs near you

Pharmacy Data Analyst

Minneapolis, MN • On-site

Lockton, Inc.
Insurance Services • 10K+ employees

9.0

Company rating: 9.0 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

37th of 314 rated insurance

People enjoy working here

Good employer

Recommended by parents

Learn more about Lockton, Inc.external

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 21 days ago

Job description

Job Summary:
Description - External
Our ideal candidate will demonstrate professionalism, organizational strength, and the ability to thrive in a fast-paced environment while adapting to changing priorities. This role is critical in ensuring our data processes run smoothly and client deliverables are met in a timely fashion so that Operations and Consulting teams can deliver timely, high-quality insights to clients.
  • Produce and quality check monthly and quarterly report books for clients from our internal pharmacy data warehouse
  • Review data for reasonableness, and validate data against key performance indicators collected from the Pharmacy Benefit Manager vendor (PBM)
  • Learn to perform pharmacy pricing guarantee reconciliations for clients on both a quarterly and annual basis
  • Learn to navigate Lockton's internal pharmacy data warehouse and reporting. Pull routine and ad hoc reporting from the data warehouse as requested by consulting team
  • Develop financial models and reports for clients and account executive/consultants, provide interpretation and implication of analysis, as well as recommendations
  • Oversee the servicing of a designated book or partial book of business as relating to marketing, claims, reporting and administration
  • Track day-to-day issues related to clients' pharmacy plans and assist team members in closing out open items
  • Build and maintain internal and external timelines for projects such as RFPs, renewals, reporting, and other projects
  • Learn to interpret clients' current contract terms, pharmacy programs and identify/recommend gaps, alternatives, additional plan design changes, etc. and maintain contract terms in database.
  • Assist in developing an implementation plan with client and help consulting teams on client deliverables
  • Assist in the review of all agreements and/or documents related to best in class terms/provisions
  • Help with upkeep of client CRM with all relevant client information.
  • Work with internal data operations team to maintain client data quality.
  • Other responsibilities as assigned and/or needed

Requirements:
Qualifications
  • A Bachelor's Degree in a business-related field or equivalent experience in the insurance industry
  • A minimum of 1-2 years' experience in the insurance industry, specifically in employee welfare benefits or pharmacy data analytics
  • Knowledge of the Pharmacy Benefit Management (PBM) industry preferred
  • Demonstrate advance knowledge of PowerPoint, Word, and Excel
  • Strong verbal and interpersonal communication skills
  • Strong customer service skills, with the ability to develop strong client relationships with multiple clients
  • Ability to interact with vendors effectively
  • Excellent organizational and communication skills
  • Motivated self-starter who is also able to work well on a team
  • Legal right to work in the United States

Lockton Companies, LLC is an equal opportunity employer. As a privately held company, we offer a competitive compensation and benefits package reflecting our commitment to attracting and retaining great individuals. This includes health, vision and dental coverage, which begins on your first day of work, 401(k) with match and immediate vesting and a competitive vacation plan.
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