Senior Director Financial Modeling & Pricing

Prime Therapeutics; Minneapolis (MN); On-site; USD 164,000 - 279,000; Full time

Job summary

Prime Therapeutics in Minnesota seeks a Senior Director of Financial Modeling and Pricing to lead pricing analytics and enterprise-wide modeling initiatives, coordinating with SMEs and guiding strategic pricing decisions.

The role focuses on developing standardized processes, ROI analyses, and communicating insights to Prime management while mentoring staff and managing the department budget.

Qualifications

• Bachelor’s degree in Finance, Accounting, Math, Business or related field; HS diploma or GED acceptable with experience.
• 10 years of relevant work experience, including 5 years in managed care or PBM.
• 3 years of experience in project management, quality improvement and business analysis.
• 7 years of leadership/people management experience.
• Must be eligible to work in the United States without visa sponsorship.

Responsibilities

• Drive enterprise wide transformation and process improvement to pricing and forecast analytics work products.
• Develop standard execution processes within all pricing and financial modeling work stream activities.
• Create cost/benefit, ROI analysis and other financial reports and models to support the business with evaluation of strategic/financial impacts to Prime.
• Provide comprehensive and relevant financial analysis and reporting to Prime management.
• Responsible for client relationship and communication to understand and document pricing analytics projects.
• Champion and lead standardization of new best practice processes, procedures, and templates related to pricing and underwriting models.
• Conduct performance reviews, quarterly check-ins and staff 1:1s to guide performance management and development.
• Manage department budget, staffing, performance and development, and demonstrate leadership expectations.
• Other duties as assigned

Skills

Leadership/People management

Pricing analytics

Financial modeling

Stakeholder communication

Project management

Education

Bachelor's degree in Finance, Accounting, Math, Business or related area

Master's Degree (preferred)

Job description

At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.

Job Posting Title

Senior Director Financial Modeling & Pricing

Job Description

The Senior Director of Financial Modeling and Pricing has overall enterprise responsibility for all pricing analytics and financial modeling team activities and will be the primary point of contact on all related work requests. This position will serve as the primary internal business leader across all pricing analytics and financial modeling requests and projects by planning, coordinating, and leading pricing and financial modeling team and related Subject Matter Experts (SME). In addition, this role will define and drive a comprehensive enterprise wide pricing analytics strategy and support financial modeling utilizing an enterprise wide Subject Matter Expert approach in support of Prime's strategic and long term objectives.

Responsibilities

• Drive enterprise wide transformation and process improvement to pricing and forecast analytics work products
• Develop standard execution processes within all pricing and financial modeling work stream activities
• Create cost/benefit, ROI analysis and other financial reports and models to support the business with critical evaluation on both strategic and financial impacts to Prime
• Provide comprehensive and relevant financial analysis and reporting to Prime management
• Responsible for client relationship and communication to understand and document pricing analytics projects based on capacity and capabilities
• Champion and lead standardization of new best practice processes, procedures, and templates related to pricing and underwriting models
• Conduct performance reviews, quarterly check-ins and staff 1:1s to guide performance management and employee development efforts and manage toward departmental goals, including quality and process improvement efforts
• Manage department budget, staffing, performance and development, and consistently demonstrate Prime's leadership expectations during interactions with direct reports, cross functional and external stakeholders
• Other duties as assigned

Minimum Qualifications

• Bachelor's degree in Finance, Accounting, Math, Business or related area of study or equivalent combination of education and/or work experience; HS diploma or GED is required
• 10 years of relevant work experience, to include:
• 5 years of managed care or related PBM experience
• 3 years of experience in the areas of project management, quality improvement and business analysis
• 7 years of leadership/people management experience

Must be eligible to work in the United States without the need for work visa or residency sponsorship

Additional Qualifications

• Strong interpersonal communication skills, including team leadership, conflict resolution and listening
• Action oriented ability to identify and implement opportunities
• Ability to manage multiple, complex project simultaneously without compromising quality
• Ability to work under pressure and strict timeframes

Preferred Qualifications

• Master's Degree and/or Actuarial Credentials (ASA or PSA)
• Member of Professional Pricing Society

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

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 $164,000.00 - $279,000.00 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 (https://www.primetherapeutics.com/benefits).

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 to race, color, religion, gender, sex (including pregnancy), 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.