Pricing Analyst - REMOTE

PRIME Therapeutics; Eagan (MN); Remote; USD 66,000 - 106,000; Full time

Job summary

A leading company in healthcare seeks a Pricing Analyst to conduct financial modeling and analysis in support of pricing strategies. The role involves assessing data trends, developing reports, and collaborating with stakeholders to achieve pricing objectives. Candidates should possess a Bachelor's degree and relevant experience in financial analysis or pharmacy benefit management.

Qualifications

• 2 years of experience in pricing or financial analysis.
• 1 year of experience in PBM or related field required.
• Must be detail-oriented and able to work independently.

Responsibilities

• Analyze pharmacy claims data to assess pricing competitiveness.
• Develop financial pricing models and dashboards.
• Collaborate with stakeholders to define pricing requirements.

Skills

Data modeling

Data analysis

Data management

Problem solving

Communication

Education

Bachelor's degree in applied math, statistics, engineering, accounting, finance, economics, business, computer sciences or related area

Tools

SQL

SAS

Alteryx

R

Python

Job description

Our work matters. We help people get the medicine they need to feel better and live well. We do notlose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Pricing Analyst - REMOTE

Job Description

The Pricing Analyst maintains, provides analyses, consults and conducts financial modeling in support of Prime's financial pricing programs and/or underwriting functions. This position uses analytics to develop reporting, models and methodologies in support of Prime's financial pricing strategies and assists with high-complexity pricing analyses.

Responsibilities

• Analyze and produce pharmacy claims data reporting of varying complexity to assess competitiveness & accuracy of Prime's financial pricing programs against adjudicated claims to identify trends and draw insights to provide pricing recommendations
• Apply mathematical, statistical, and economic techniques to analyze multi-faceted and high dimensional pharmacy supply chain economic data, including market pricing, to draw conclusions, adjust drug pricing, and update forecasts based on market
• Verify the integrity of data used for analysis of Prime's financial pricing programs, including data extraction, storage, manipulation, processing and analysis
• Analyze claims data of varying complexity to identify and mitigate financial pricing issues that impact client and pharmacy financial pricing guarantee management
• Assist in achieving pricing objectives using analytic tools to develop financial pricing models, dashboards, trend reporting, profitability, margin, and savings analyses
• Collaborate with internal stakeholders to identify and define financial pricing requirements and assist with developing solutions to achieve financial pricing objectives
• Other duties as assigned

Education & Experience

• 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 required
• 2 years of work experience in pricing or financial analysis to include 1 year of experience in Pharmacy Benefit Management (PBM), claims processing, healthcare, and/or related field
• Must be eligible to work in the United States without the need for work visa or residency sponsorship

Additional Qualifications

• Demonstrated understanding of data modeling, data analysis, and data management principles using SQL, SAS, Alteryx, R, Python or related technologies
• Detail oriented and ability to work with a high degree of accuracy
• Demonstrated ability to problem solve and interpret complex data
• Ability to work independently and meet strict deadlines
• Excellent communication and cross functional collaboration skills

Preferred Qualifications

• Experience creating pricing and profitability models
• Experience in PBM pricing
• Experience in Big Data and Data Analytics
• Experience using Tableau, SQL, SAS, Alteryx, Teradata, R, or Python technologies

Physical Demands

• Ability to work in a flexible schedule which may include weekends, holidays, or shifts outside of Prime's core business hours of 9:00am-3:00pm
• Constantly required to sit, use hands to handle or feel, talk and hear
• Frequently required to reach with hands and arms
• Occasionally required to stand, walk and stoop, kneel, and crouch
• Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

Every 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.

Potential pay for this position ranges from $66,000.00 - $106,000.00 based on experience and skills.

Our work matters. We help people get the medicine they need to feel better and live well. We do notlose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Pricing Analyst - REMOTE

Job Description

The Pricing Analyst maintains, provides analyses, consults and conducts financial modeling in support of Prime's financial pricing programs and/or underwriting functions. This position uses analytics to develop reporting, models and methodologies in support of Prime's financial pricing strategies and assists with high-complexity pricing analyses.

Responsibilities

• Analyze and produce pharmacy claims data reporting of varying complexity to assess competitiveness & accuracy of Prime's financial pricing programs against adjudicated claims to identify trends and draw insights to provide pricing recommendations
• Apply mathematical, statistical, and economic techniques to analyze multi-faceted and high dimensional pharmacy supply chain economic data, including market pricing, to draw conclusions, adjust drug pricing, and update forecasts based on market
• Verify the integrity of data used for analysis of Prime's financial pricing programs, including data extraction, storage, manipulation, processing and analysis
• Analyze claims data of varying complexity to identify and mitigate financial pricing issues that impact client and pharmacy financial pricing guarantee management
• Assist in achieving pricing objectives using analytic tools to develop financial pricing models, dashboards, trend reporting, profitability, margin, and savings analyses
• Collaborate with internal stakeholders to identify and define financial pricing requirements and assist with developing solutions to achieve financial pricing objectives
• Other duties as assigned

Education & Experience

• 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 required
• 2 years of work experience in pricing or financial analysis to include 1 year of experience in Pharmacy Benefit Management (PBM), claims processing, healthcare, and/or related field
• Must be eligible to work in the United States without the need for work visa or residency sponsorship

Additional Qualifications

• Demonstrated understanding of data modeling, data analysis, and data management principles using SQL, SAS, Alteryx, R, Python or related technologies
• Detail oriented and ability to work with a high degree of accuracy
• Demonstrated ability to problem solve and interpret complex data
• Ability to work independently and meet strict deadlines
• Excellent communication and cross functional collaboration skills

Preferred Qualifications

• Experience creating pricing and profitability models
• Experience in PBM pricing
• Experience in Big Data and Data Analytics
• Experience using Tableau, SQL, SAS, Alteryx, Teradata, R, or Python technologies

Physical Demands

• Ability to work in a flexible schedule which may include weekends, holidays, or shifts outside of Prime's core business hours of 9:00am-3:00pm
• Constantly required to sit, use hands to handle or feel, talk and hear
• Frequently required to reach with hands and arms
• Occasionally required to stand, walk and stoop, kneel, and crouch
• Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

Every 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.

Potential pay for this position ranges from $66,000.00 - $106,000.00 based on experience and skills. To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.

Prime Therapeutics LLCis proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard torace, color, religion, gender, sex (pregnancy, sexual orientation, and gender identity), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

Positions will be posted for a minimum of five consecutive workdays.