Job Posting Title
Pricing Analyst Senior - Remote
The Senior Pricing Analyst participates in the assessment of value generated by Prime's programs and leverages this insight to contribute to the development of new or enhanced financial pricing strategies. This position will also lead highly complex financial pricing analyses and provide consultation and analytic insight to internal and external stakeholders.
Responsibilities
- Recommend new and revised financial pricing programs based on analysis of pharmacy claims data, average wholesale drug prices (AWP), and other relevant data of varying complexity within the pharmacy economic supply chain; utilize analytics to explore data, identify trends, and draw profitability, margin, and costs insights from multi-faceted and high dimensional financial pricing data
- Develop financial pricing models to monitor performance against pharmacy claims data and identify financial pricing opportunities to drive savings and / or meet client / pharmacy contractual obligations using analytic tools and complex financial pricing methodologies
- Apply mathematical, statistical, and economic techniques to identify key drivers of costs and profitability in the pharmacy economic supply chain as they apply to financial pricing programs, and propose and implement changes to improve accuracy of financial pricing modeling
- Act as a financial pricing subject matter expert by educating internal / external financial pricing stakeholders on financial pricing programs and interpretation of financial pricing data and reporting
- Create, recommend, implement pharmacy financial pricing targets for use by Providers Relations teams and / or pharmacy / client guarantee management processes
- Other duties as assigned
Minimum Qualifications
Bachelor's degree in applied math, statistics, engineering, accounting, finance, economics, business, computer sciences or related area of study, or equivalent combination of education and / or relevant work experience; HS diploma or GED is required5 years of work experience in pricing or financial analysis to include 3 years of experience in Pharmacy Benefit Management (PBM), claims processing, healthcare, and / or related fieldMust be eligible to work in the United States without the need for work visa or residency sponsorshipAdditional Qualifications
Demonstrated ability to problem solve and interpret complex dataAbility to establish rapport and effectively influence at all levels within an organizationExcellent communication and cross functional collaboration skillsAbility to present complex data to a wide variety of audiences at all levels within and organizationPreferred Qualifications
Experience in Big Data and Data AnalyticsEvery employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.
Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.
Potential pay for this position ranges from $81,000.00 - $138,000.00 based on experience and skills.