Prime Therapeutics

Pricing Analyst

Prime Therapeutics

full-time

Posted on:

Location: 🇺🇸 United States

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Salary

💰 $66,000 - $106,000 per year

Job Level

JuniorMid-Level

Tech Stack

PythonSQLTableau

About the role

  • 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.
  • 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

Requirements

  • Bachelors 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
  • 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
  • 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
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