Job Description
Note: The job is a remote job and is open to candidates in USA. SmithRx is a rapidly growing, venture-backed Health-Tech company dedicated to transforming the Pharmacy Benefit Management sector. The Compliance Analyst role involves implementing a highly-effective compliance program focused on risk detection, auditing, and monitoring, while collaborating with various departments to support compliance initiatives.
- Responsibilities
- Design and/or enhance targeted and annual risk assessments
- Develop risk methodologies, scoring, and prioritization
- Construct specific and effective auditing and monitoring workplans based on risks identified
- Perform timely auditing and monitoring activities
- Analyze compliance outcomes and ensure detected issues are referred for remediation
- Identify ways to mitigate risks to our organization
- Coordinate external audits, as assigned
- Create and run mock audits
- Build and perform readiness testing exercises
- Develop job aids, playbook, and other program documentation
- Build and maintain positive and strategic relationships with internal and external stakeholders
- Support our compliant and ethical culture
- Assist in developing or updating oversight materials and reporting metrics
- Create and distribute written compliance standards where applicable
- Abide by organization retention standards and version controls
- Collaborate in Compliance training and education needs
- Investigate potential or reported issues of non-compliance
- Perform root-cause analysis and identify prevention, detection, and correction opportunities
- Ensure business partners complete corrective actions in a timely and effective manner
- Monitor organizational disciplinary actions and incentives for consistency, accuracy, and timeliness
- Collaborate with Legal and other stakeholders to interpret regulations
- Other responsibilities as assigned
- Skills
- Bachelor's degree or higher education in healthcare, compliance, or a related field, or equivalent years of relevant work experience is required
- Minimum of four (4) years of compliance experience at a PBM or health plan, and pharmacy operations oversight or similar experience would be considered
- Strong understanding with the seven elements of a highly effective compliance program
- Strong working knowledge of healthcare compliance audit and monitoring activities, compliance risk assessments
- Working knowledge of external audit functions and procedures
- Professional verbal and written communication skills including proper grammar, construct, and appropriate to the audience
- Advanced organizational, project, and time management skills to prioritize, prepare, and leverage resources and stay on focus
- Ability to work independently and within a team environment
- Ability to establish effective collaborative techniques, such as conflict resolution
- Direct experience with pharmacy benefits, network, and claims is a bonus
- Certified in Healthcare Compliance (CHC), Certification in Healthcare Privacy Compliance (CHPC), or Certified Compliance and Ethics Professional (CCEP) preferred
- Current, unrestricted clinical or functional business licensure is a bonus (examples: certified pharmacy technician)
- Strong familiarity with PBM-related healthcare operations and/or clinical concepts, practices and procedures is preferred, or similar health plan knowledge will be considered
- Strong familiarity with ERISA, Healthcare Exchange Marketplace (Affordable Care Act), Worker's Compensation, and Medicare preferred
- Familiarity with pharmacy operations and healthcare benefits
- Data-driven, big-picture thinker, and solutions-oriented
- Benefits
- Highly competitive wellness benefits including Medical, Pharmacy, Dental, Vision, and Life Insurance and AD&D Insurance
- Flexible Spending Benefits
- 401(k) Retirement Savings Program
- Short-term and long-term disability
- Discretionary Paid Time Off
- Paid Company Holidays
- Wellness Benefits
- Commuter Benefits
- Paid Parental Leave benefits
- Employee Assistance Program (EAP)
- Well-stocked kitchen in office locations
- Professional development and training opportunities
- Company Overview
- SmithRx is reinventing PBMs with modern technology, client alignment, and 100% transparency. It was founded in 2016, and is headquartered in San Francisco, California, USA, with a workforce of 501-1000 employees. Its website is http://www.smithrx.com.
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