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Lensa is the leading career site for job seekers at every stage of their career. Our client, Prime Therapeutics, is seeking professionals. Apply via Lensa today!
Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.
Job Posting Title
Sr. Market Pricing Analyst - REMOTE
Job Description
The Senior Market Pricing Analyst serves as a trusted partner to our health plan clients by participating 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 complex financial pricing analyses and provide consultation and analytic insight to internal and external stakeholders.
Responsibilities
- Recommend new and revised financial pricing strategies based on analysis of pharmacy claims data, average wholesale drug prices (AWP), health plan margin target guidelines 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
- Collaborate with sales and account management team as well as other internal functional areas to execute go-to-market strategies in accordance with health plan partner goals within their specific markets
- Interpret financial performance reports 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
- Work with plans to understand current market conditions and how to incorporate important contract language, terms and conditions to ensure maximum protection against financial risk
- Act as a financial pricing subject matter expert by educating internal/external stakeholders on financial pricing programs and interpretation of financial pricing data and reporting
- Create, recommend, implement pharmacy financial pricing targets for use by plan sponsors for their employer markets, including stratifying groups into different pricing tiers to maximize profit while meeting contractual commitments
- Assist account teams in client education regarding Prime programs and market positioning strategies
- Other duties as assigned
Education & Experience
- Bachelor's degree in applied math, statistics, engineering, accounting, finance, economics, business, computer sciences or related area, or equivalent experience; HS diploma or GED required
- 5 years of work experience in pricing or financial analysis, including 3 years in Pharmacy Benefit Management (PBM), claims processing, healthcare, or related fields
- Experience with SQL, SAS, Alteryx, R, Python, or related technologies
- Must be eligible to work in the U.S. without sponsorship
Additional Qualifications
- Problem-solving ability and interpreting complex data
- Ability to influence at all organizational levels
- Excellent communication and collaboration skills
- Ability to present complex data effectively to diverse audiences
Preferred Qualifications
- Experience in Data Analytics
Physical Demands
- Flexible schedule, including weekends, holidays, or outside core hours
- Constant sitting, use of hands, talking, hearing
- Frequent reaching with hands and arms
- Occasional standing, walking, stooping, kneeling, crouching
- Occasional lifting up to 25 pounds
- Specific vision abilities required
All employees must understand and comply with security responsibilities, legal, regulatory, and internal policies.
Potential pay ranges from $81,000 to $138,000 based on experience and skills.
For benefits details, visit our Benefits Page.
Prime Therapeutics is an equal opportunity employer and welcomes diverse candidates. We support reasonable accommodations for applicants with disabilities.
Additional Details
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Marketing and Sales
- Industries: IT Services and IT Consulting
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