[Hiring] Compliance Analyst @AffirmedRx, PBC
This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description
The Compliance Analyst is a vital contributor to the organization’s commitment to maintaining the highest standards of regulatory compliance and ethical conduct. This role encompasses a wide range of responsibilities, including:
• Continuous monitoring and auditing of compliance programs
• Proactively identifying and addressing potential risks
• Ensuring alignment with internal policies and external regulatory requirements
• Analyzing and interpreting regulatory changes
• Providing actionable insights and developing comprehensive guidance
• Fostering a culture of compliance to safeguard the organization’s reputation and operational integrity
What you will do
• Regulatory Monitoring and Analysis:
• Monitor and interpret federal, state, and local regulations affecting the PBM industry
• Analyze regulatory changes and assess their impact on the organization
• Communicate regulatory updates to relevant stakeholders and provide guidance on implementation
• Compliance Audits and Reporting:
• Conduct regular audits of compliance programs to ensure adherence to internal policies and regulatory requirements
• Prepare detailed reports on audit findings and recommend corrective actions
• Collaborate with internal departments to address compliance issues and implement corrective measures
• Policy Development and Implementation:
• Assist in the development and maintenance of compliance policies and procedures
• Ensure that policies are up-to-date and in line with current regulations
• Provide training and support to staff on compliance policies and procedures
• Risk Assessment and Management:
• Identify potential compliance risks and develop strategies to mitigate them
• Conduct risk assessments and monitor the effectiveness of compliance controls
• Work with management to implement risk management strategies and ensure ongoing compliance
• Stakeholder Communication and Collaboration:
• Maintain effective communication with regulatory agencies, external auditors, and other stakeholders
• Collaborate with legal, finance, and operational departments to ensure compliance across the organization
• Participate in cross-functional teams to address compliance-related issues and initiatives
Qualifications
• Bachelor's degree in Business, Healthcare Administration, Law, or a related field
• Minimum of 3-5 years of experience in compliance, regulatory affairs, or a related field, preferably within the PBM or healthcare industry
• Experience with compliance audits, risk assessments, and regulatory analysis
• Legal background with an understanding of healthcare laws and regulations
• Experience working with legal documents and regulatory filings
• Strong understanding of federal, state, and local regulations affecting the PBM industry
• Excellent analytical and problem-solving skills
• Strong written and verbal communication skills, with the ability to effectively convey complex regulatory information to non-experts
• Detail-oriented with strong organizational and time management skills
• Ability to work independently and as part of a team
• Proficiency in Microsoft Office Suite and compliance management software
• May require up to 10% travel
Benefits
• To impact industry change in the pharmacy benefits management space, while delivering the highest quality patient outcomes
• To work in a culture where people thrive because when OUR team thrives, OUR business thrives
• Competitive compensation, including health, dental, vision, and other benefits Apply tot his job
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