Full-Time
Associate Analyst Truguard
Confirmed live in the last 24 hours
Truveris
51-200 employees
Technology and data analytics for pharmacy benefits
Compensation Overview
$60k - $70kAnnually
Entry, Junior
Remote in USA + 1 more
- Bachelor's degree with relevant analytical coursework (statistics, computer science, finance, economics, math, health sciences, or similar)
- 0-2 years of related work experience. Experience with healthcare data, particularly pharmacy claims, a plus
- Advanced Excel skills required
- Experience reporting on analytic results and presenting findings to non-technical audiences
- Ability to apply logical reasoning and critical thinking skills to contract interpretation, data transformation, and problem solving
- Strong written and verbal communication skills
- Fluency in English
- Demonstrated project planning/time management ability and experience managing multiple priorities at once
- Interpret clients’ contractual pricing terms and benefit plan details and model these terms using logic rules in the claims review system
- Analyze system results for pricing and contract adherence. This includes verifying prescription drug discounts and completing end-of-year reconciliations when discrepancies are identified
- Generate reports containing findings from claims analysis and contract compliance review
- Produce ad-hoc analyses to support internal and customer requests for data modeling utilizing Excel and business intelligence tools
- Communicate with third parties to understand contract terms and provide performance status updates
- Communicate findings and provide subject matter expertise to pharmacy benefit consultants and internal partners
- Partner with business and technical colleagues to monitor, analyze, and implement product enhancements
- Manage delivery deadlines and schedules
- Manage and document workflow using Salesforce
Truveris operates in the prescription drug industry, focusing on the pharmacy supply chain to simplify its complexities. The company provides technology and data analytics solutions to various clients, including payers, brokers, and pharmaceutical manufacturers. Their services include cost containment strategies, clinical guidance, and custom-branded pharmacy practice programs that help benefits advisors enhance their offerings. Truveris also develops patient access programs to assist pharmaceutical brands in effectively reaching patients and adapting to market changes. A key aspect of their work involves addressing regulatory challenges, ensuring clients can navigate issues like product recalls. The goal of Truveris is to deliver clear insights into pharmacy benefits, ultimately improving employee health, productivity, and satisfaction.
Company Stage
Series E
Total Funding
$71.4M
Headquarters
New York City, New York
Founded
2009
6 month growth
↓ -7%1 year growth
↓ -29%2 year growth
↓ -30%
Simplify's Take
What believers are saying
- The recent $15M Series E funding round led by Canaan Partners and New Leaf Venture Partners validates Truveris' solutions and growth potential.
- The appointment of experienced leaders in key positions strengthens Truveris' strategic and operational capabilities.
- Truveris' launch of oneRx demonstrates their commitment to innovation and enhancing patient engagement.
What critics are saying
- The complex and evolving regulatory landscape in the pharmacy industry could pose challenges for Truveris' operations.
- The competitive nature of the pharmacy benefits market requires continuous innovation to maintain a leading position.
What makes Truveris unique
- Truveris focuses on pharmacy cost containment and program performance, offering a transparent and dynamic competitive marketplace that replaces traditional PBM models.
- Their proprietary technology provides ongoing analysis of 100% of claims throughout the life of the contract, ensuring compliance and optimization, which is a unique value proposition.
- Truveris' ability to predict market shifts and deliver insights for sustainable program design sets them apart from competitors.